Securities, Equities, Synthetic Products Group Strats, Associate/VP, London

Goldman Sachs & Co. ,
London, Greater London

Overview

Job Description

MORE ABOUT THIS JOB SECURITIESOur core value is building strong relationships with our institutional clients, which include corporations, financial service providers, and fund managers. We help them buy and sell financial products on exchanges around the world, raise funding, and manage risk. This is a dynamic, entrepreneurial team with a passion for the markets, with individuals who thrive in fast-paced, changing environments and are energized by a bustling trading floor. Goldman Sachs' Strats business unit is a world leader in developing quantitative and technological techniques to solve complex business problems. Working within the firm's trading, sales, banking and investment management divisions, strats use their mathematical and scientific training to create financial products, advise clients on transactions, measure risk, and identify market opportunities. Securities Strats play important roles in several areas. Some Strats sit on trading desks, creating cutting-edge derivative pricing models and developing empirical models to provide insight into market behavior. Others develop automated trading algorithms for the firm and its clients, taking an active part in the increasing shift from voice to electronic trading. Sales Strats work directly with the firm's sales force and clients, analyzing exposures, structuring transactions, and applying quantitative concepts to meet client needs. Between these teams, Core Strats design and develop complex parallel computing architectures, electronic trading tools, and advanced algorithms. RESPONSIBILITIES AND QUALIFICATIONS Job Summary & Responsibilities The Synthetic Products Group desk writes swaps on Equities to our Prime Brokerage clients and other market counterparties. The strat team is responsible for tools to price and risk manage these positions, including the management of stock inventory and capital. The role involves: + Developing models to evaluate the cost of inventory and financing + Building and maintaining trading and risk management platforms + Optimising internal positions for use in financing strategies + Building tools for traders, sales and strats to visualise all of the above Basic Qualifications Successful members of our team hold Masters and Doctoral degrees in Mathematics, Computer Science, Physics, Engineering, and many other fields. Although the work performed by Strats is financial in nature, applicants need not have specific financial knowledge or experience to apply. As a business unit, we are interested in bright individuals who have advanced mathematical and computational backgrounds and a willingness to learn about finance. We are interested in applicants who possess skills in several of the following areas: Mathematics: Understanding of partial differential equations, time series analysis, statistics and numerical techniques. Technology: Experience of object oriented design, implementation of optimisation algorithms and working in different programming languages. Finance: Understanding of market dynamics and conventions, and of different products' behaviors and specifications. An understanding of financing markets or the Prime Brokerage business would be beneficial.Goldman Sachs is an equal opportunities employer and is committed to the principle of diversity. Goldman Sachs conducts background checks on individuals offered employment with the firm and employment with Goldman Sachs is conditional upon individuals successfully completing those checks. As past of the background check process, Goldman Sachs may need to obtain a record of disclosable criminal convictions form a government agency such as the Criminal Records Bureau. The firm has adopted policies on the recruitment of ex-offenders and on the retention, storage and disposal of criminal information which are available on request. ABOUT GOLDMAN SACHS ABOUT GOLDMAN SACHSAt 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 .We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: 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 Location(s)UK-L