Strat - Equity Derivatives Structuring Team - Analyst/Associate - New York - Global Banking & M[...]

The Goldman Sachs Group; New York, Cary (NY, NC); On-site; USD 110,000 - 125,000; Full time

Job summary

A leading financial services firm is seeking an Analyst/Associate for its Equity Derivatives Structuring Team in New York. This role involves analytical work on exotic derivatives, client presentations, and requires a graduate degree in a quantitative field. The ideal candidate will have strong quantitative and communication skills, along with a passion for financial markets.

Benefits

Competitive benefits and wellness programs

Qualifications

• At least 1 year of relevant experience.
• Experience on the buy-side (e.g., volatility hedge funds).
• Passion for the role.

Responsibilities

• Perform analytical work such as backtesting and pricing for exotic derivatives.
• Develop analytical tools and automate routine tasks.
• Present solutions to clients clearly and simply.

Skills

Quantitative skills

Communication skills

Analytical skills

Interest in markets

Education

Graduate degree in a quantitative field

Tools

Programming skills

Job description

Strat - Global Banking & Markets, Equity Derivatives Structuring Team, Analyst/Associate, New York

Job Description:

Our core value is building strong relationships with our institutional clients, including corporations, financial service providers, and fund managers. We assist them in buying and selling financial products on exchanges worldwide, raising funding, and managing risk. This is a dynamic, entrepreneurial team passionate about markets, thriving in fast-paced, changing environments, and energized by a bustling trading floor.

The role is within the Equity Derivatives Structuring Team, part of Goldman Sachs' FICC & Equities division. The team collaborates closely with clients across the US, Canada, and Latin America to design and deliver a broad range of solutions tailored to their investment needs. Our product suite covers all derivative products, including flow and exotic derivatives.

Role Overview:

1. Perform analytical work such as backtesting, scenario analysis, and pricing for various exotic derivatives products. Knowledge of derivative pricing and models is advantageous.
2. Utilize strong quantitative skills, including Black-Scholes theory, probability, data modeling, and statistics.
3. Develop analytical tools and automate routine tasks; programming skills are beneficial.
4. Present solutions to internal and external clients, requiring the ability to understand technical concepts and communicate them clearly and simply.
5. Focus on exotic products such as Structured Notes, light exotics, variance, correlation, and hybrids.
6. Generate tactical market ideas based on market events and movements; an interest in markets is helpful.

Skills and Experiences:

• At least 1 year of relevant experience.
• Graduate degree in a quantitative field (Math, Financial Engineering, Computer Science, Physics).
• Experience on the buy-side (e.g., volatility hedge funds).
• Strong communication skills.
• Passion for the role.

Salary Range:

The expected base salary for this New York-based position is $110,000 - $125,000. Discretionary bonuses may also be awarded to active employees at fiscal year-end.

Benefits:

Goldman Sachs offers competitive benefits and wellness programs, designed to enhance the employee experience. Details of these offerings are available here.