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Quantitative Strategist, Global Banking & Markets, FICC Mortgage Strats
full-time•New York•$110k - $125k
About this role
What We Do
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.
Your Impact
Securities Strats play important roles in several areas. Strats aligned with trading desks are responsible for pricing and risk models to provide insight into market behavior of securities, loans, derivatives and other complex financial instruments. Strats develop mathematical models and implement analytics that assist in monitoring, analyzing, and managing risk by desk traders as well as senior management. Strats are also responsible for development and maintenance of infrastructure for pricing and risk management of trade and investment positions.
Responsibilities
- Development of pricing models related to mortgage backed securities, loans, and derivatives.
- Development and calibration of statistical credit and prepayment models for measuring default, prepayment, and severity of mortgage and asset backed securities and loans.
- Development and support of analytical tools and infrastructure to help trading desk with daily trading activities, valuation, and risk management.
- Analyze data and develop surveillance reports to monitor collateral and deal performance.
- Help trading desk analyze trading ideas, hedging strategies, and ROE optimization.
Qualifications
- Academic background in any relevant field - Statistics, Computer Science, Math, Financial Engineering, etc.
- 1-3 years of prior front office desk quant experience is preferred.
- Meaningful experience coding in an object oriented programming language such as C, C++.
- Comfortable working with database/statistical software such as R, SQL.
- Collaborative teamwork skills and ability to communicate to both technical and non-technical audiences verbally and in writing.
Salary Range
The expected base salary for this New York, New York, United States-based position is $110000-$125000. 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.
What you'll do
- Develop pricing models for mortgage backed securities and derivatives, and create analytical tools to assist trading desks. Analyze data to monitor collateral performance and support trading strategies.
About Goldman Sachs
We aspire to be the world’s most exceptional financial institution, united by our shared values of partnership, client service, integrity, and excellence.
Operating at the center of capital markets, we act as one firm, mobilizing our people, capital, and ideas to deliver superior results across our clients’ most complex challenges.
For 157 years, Goldman Sachs has delivered world-class execution on a global scale across our leading Global Banking & Markets and Asset & Wealth Management businesses.
Apprenticeship is central to our culture, with hands-on coaching and access to leaders who bring decades of experience and expertise. With office locations around the world, we offer a broad range of career opportunities to those who insist on excellence and thrive on performance.
Find our Social Media Disclosures here: gs.com/social-media-disclosures
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Frequently Asked Questions
What does Goldman Sachs pay for a Quantitative Strategist, Global Banking & Markets, FICC Mortgage Strats?
Goldman Sachs offers a competitive compensation package for the Quantitative Strategist, Global Banking & Markets, FICC Mortgage Strats role. The salary range is USD 110k - 125k per year. Apply through Clera to learn more about the full compensation details.
What does a Quantitative Strategist, Global Banking & Markets, FICC Mortgage Strats do at Goldman Sachs?
As a Quantitative Strategist, Global Banking & Markets, FICC Mortgage Strats at Goldman Sachs, you will: develop pricing models for mortgage backed securities and derivatives, and create analytical tools to assist trading desks. Analyze data to monitor collateral performance and support trading strategies..
Is the Quantitative Strategist, Global Banking & Markets, FICC Mortgage Strats position at Goldman Sachs remote?
The Quantitative Strategist, Global Banking & Markets, FICC Mortgage Strats position at Goldman Sachs is based in New York, United States. Contact the company through Clera for specific work arrangement details.
How do I apply for the Quantitative Strategist, Global Banking & Markets, FICC Mortgage Strats position at Goldman Sachs?
You can apply for the Quantitative Strategist, Global Banking & Markets, FICC Mortgage Strats position at Goldman Sachsdirectly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process.