Quant Engineer | Investment Banking Engineering

Job Description

MORE ABOUT THIS JOB

What We Do

At Goldman Sachs, our Engineers don’t just make things – we make things possible. Change the world by connecting people and capital with ideas. Solve the most challenging and pressing engineering problems for our clients. Join our engineering teams that build massively scalable software and systems, architect low latency infrastructure solutions, proactively guard against cyber threats, and leverage machine learning alongside financial engineering to continuously turn data into action. Create new businesses, transform finance, and explore a world of opportunity at the speed of markets.

Engineering, which is comprised of our Technology Division and global strategists groups, is at the critical center of our business, and our dynamic environment requires innovative strategic thinking and immediate, real solutions. Want to push the limit of digital possibilities? Start here.

Who We Look For

Goldman Sachs Engineers are innovators and problem-solvers, building solutions in risk management, big data, mobile and more. We look for creative collaborators who evolve, adapt to change and thrive in a fast-paced global environment.

RESPONSIBILITIES AND QUALIFICATIONS

Role

VP- Quantitative Developer Lead within Investment Banking Division Finance Engineering team

Experience:

5-10 years of experience, preferable in financial services industry

Responsibilities:

• Using advanced time series statistics and survival analysis, develop and maintain profit and loss projection models for business planning, budgeting and regulatory stress tests;
• Build, develop and maintain balance sheet and interest income models of GS’s corporate lending book;
• Develop, maintain and enhance the Capital Management and Analytics for the division;
• Prepare responses/presentations to regulatory agencies on all CCAR models built
• Perform all required tests (e.g. sensitivity and back-testing) and deliver comprehensive model documentation;
• Work closely with cross-functional teams, including business stakeholders, model validation and governance teams, and other Engineering teams;
• Interact with the office of IBD Chief Financial Officer and IBD Chief Risk Officer to better understand and model business nuances;
• Lead small team of quantitative engineers

Basic Qualifications:

• Strong communication skills, ability to convey technical topics to a diverse audience, from technologists to senior business leaders
• Strong quantitative skills (statistics, financial modeling, data science, econometrics)
• Advanced Degree (Undergraduate required, Masters preferred) in Statistics, Applied Mathematics, Operations Research, or Economics
• Hands on experience in building robust and scalable code
• Commercial focus, team-oriented, and self-motivated

Preferred Qualifications:

• Experience with CCAR/DFAST models a strong plus
• Experience interfacing with external stakeholders a plus

ABOUT GOLDMAN SACHS

ABOUT GOLDMAN SACHS

At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world. We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers. We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html

© The Goldman Sachs Group, Inc., 2020. All rights reserved.Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity