Quantitative Engineer - Equity Structured Product Strat - Global Banking & Marke

$150,000 - $300,000/Yr

Goldman Sachs - New York, NY

Full-time - Mid Level

New York, NY

Securities, Commodity Contracts, and Other Financial Investments and Related Activities

About the position

The Quantitative Engineer role within the Equity Structured Product Strat team at Goldman Sachs involves applying advanced quantitative techniques to enhance derivatives market making capabilities. The position focuses on developing pricing models, automating risk management processes, and collaborating with trading teams to ensure accurate risk management in equity structured products.

Responsibilities

• Develop and maintain derivatives pricing models for equity structured products, such as structured equity linked notes and OTC equity derivatives.
• Scale the business by increasing automated risk management for exposures to Equity and FX.
• Expand the scope of pricing capabilities to new underliers and payoffs, addressing unique challenges.
• Enhance risk management by backtesting hedging strategies for equity structured products.
• Collaborate closely with the trading team to ensure daily accurate risk management.

Requirements

• Experience in structured product modelling.
• Excellent academic record in a relevant quantitative field such as Mathematics, Engineering, or Computer Science.
• Experience in object-oriented programming with languages such as C++, Java, or Python.
• At least two years of experience in finance or a cutting-edge technology company.
• Excellent written and verbal communication skills.

Benefits

• Competitive salary range of $150,000 - $300,000 annually.
• Discretionary bonus eligibility for active employees at fiscal year-end.