Quantitative Engineer - Equity Structured Product Strat - Global Banking & Markets - New York

$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

As a Quantitative Strategist within the Equity Structured Product business at Goldman Sachs, you will leverage your advanced scientific training to address complex financial challenges. This role involves developing and maintaining derivatives pricing models, enhancing risk management through automation, and collaborating closely with trading teams to ensure accurate risk management. Your contributions will directly impact the business's decision-making processes and market-making capabilities.

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.
• Eligibility for discretionary bonuses based on fiscal year-end performance.
• Comprehensive benefits and wellness offerings for full-time and part-time employees working at least 20 hours per week.