Quantitative Engineer- Asset & Wealth Management- New York- Associate

Goldman Sachs:

A career with Goldman Sachs is an opportunity to help clients across the globe realize their potential, while you discover your own. As part of one of the world's leading asset managers with over $2 trillion in assets under supervision, you can expect to participate in exciting investment opportunities while collaborating with talented colleagues from all asset classes and regions, and building meaningful relationships with your clients. Working in a culture that values integrity and transparency, you will be part of a diverse team that is passionate about our craft, our clients, and building sustainable success. Bringing together traditional and alternative investments, we provides clients around the world with a dedicated partnership and focus on long-term performance. As primary investment area within Goldman Sachs, we provide investment and advisory services for pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors and individuals.

Goldman Sachs Asset & Wealth Management:

As one of the world's leading asset managers, our mission is to help our clients achieve their investment goals. To best serve our clients' diverse and evolving needs, we have built our business to be global, broad and deep across asset classes, geographies and solutions.

Goldman Sachs Asset & Wealth Management is one of the world's leading asset management institutions. AWM delivers innovative investment solutions managing close to Two Trillion US Dollars on a global, multi-product platform. In addition to traditional products (e.g. Equities, Fixed Income) our product offering also includes Hedge Funds, Private Equity, Fund of Funds, Quantitative Strategies, Fundamental Equity and a Multi-Asset Pension Solutions Business. Software is engineered in a fast-paced, dynamic environment, adapting to market and customer needs to deliver robust solutions in an ever-changing business environment. AM Data Engineering builds on top of cutting edge in-house and cloud platforms complimented with a strong focus on leveraging open source solutions.

What We Do

Within the Asset & Wealth Management Division, strategists (also known as 'Strats') play important roles in research, valuation, portfolio design and construction, surveillance, and risk management analytics. A strategist will apply quantitative and data first methods to come up with solutions that are accurate, robust, and scalable.

The External Investing Group (XIG) group provides investors with investment and advisory solutions across hedge fund managers, private equity funds, public equity strategies, fixed income strategies, and real estate managers. The XIG group manages globally diversified programs, targeted sector-specific strategies, customized portfolios, and offers a range of advisory services. Our investors access opportunities through new fund commitments, fund-of-fund investments, strategic partnerships, secondary-market investments, co-investments, and seed-capital investments. With over 400 professionals across 15 offices around the world, the XIG group provides manager diligence, portfolio construction, risk management, and liquidity solutions to investors, drawing on Goldman Sachs' market insights and risk management expertise. We extend these global capabilities to the world's sovereign wealth funds, pension plans, governments, financial institutions, endowments, foundations, and family offices, for which we invest or advise on over $330bn of alternative and long only investments.

Your Impact

As a strategist, you will build high performance analytical platforms to provide insights on investor/investment returns and to help our business grow. Strat team members will assume responsibility for developing both analytics and the applications for interacting with those analytics. Strats are given ample opportunity to collaborate with the business to define creative solutions and develop novel analytical methods. The daily interactions with other team members across geographies demands an ability to communicate clearly about complex financial, business, and computational concepts. You will create advanced computational architectures and applications to meet the needs of a rapidly growing and evolving business, with a strong focus on long term sustainability and extensibility through continuous deployment, automated testing, and thorough data modeling.

Who We Look For

XIG Strats are innovators and problem-solvers, building solutions in manager selection, portfolio construction, and risk management. We look for creative collaborators who evolve, adapt to change, and thrive in a fast-paced global environment.

Strat team members will assume responsibility for the developed analytics and are given ample opportunity to provide creative solutions and develop novel quantitative methods. The daily interactions with other team members across geographies demands an ability to communicate clearly about complex financial, business, and mathematical concepts.

A strategist within Asset& Wealth Management Division will apply quantitative methods and industry knowledge to develop investment strategy and risk management solutions. Strat team members are responsible for developing creative and novel solutions.

Basic Qualifications

• Outstanding background in a quantitative discipline

• Programming expertise in a scripting language (e.g. Python, R, Matlab)

• Strong general and technical communication skills, with an ability to effectively articulate complex financial and mathematical concepts

• Creativity and problem-solving skills

• Ability to work independently and in a team environment

• 3+ years of applicable experience

Salary Range
The expected base salary for this New York, New York, United States-based position is $115000-$180000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.

Benefits
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.