GBM Public, Commodities Strat, Associate/Vice President, London London · United Kingdom · Associate
Job Description
At Goldman Sachs, quantitative strategists are the cutting edge of our businesses, solving real-world problems through a variety of analytical methods. Working in close collaboration with traders and sales, strats' invaluable quantitative perspectives on complex financial and technical challenges power our business decisions.
\nWithin our Global Banking & Markets business,CommoditiesStratssit on trading floors and provide value for both internal & external clients through cutting-edge models, predictive analytics, and high-quality trading tools. We are 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.
\nWhile all trading desks at GS require strong quantitative skills, theCommoditiesdesk is unique in that its products are at the centre of a changing world, where the environment, broader scientific R&D, geopolitics and global supply lines impact markets daily, and the pace ofprogressis rapid. Furthermore, we service the broadest range of clients; not just investors, but also commodity producers and consumers,seeking innovative and bespoke risk-management and financing solutions.This role will be an invaluable opportunity to sharpenallyour skills and build a deep & broad foundation of product knowledge.
Who We Look For\nWe're looking for candidates with strong quantitative, programming, and communication skills with a keen interest applying those skills in the financial markets. As a desk strat on ourCommoditiestrading desk, you’ll have the opportunity to apply your quantitative acumen towards solving complex problems and creating innovative solutions for our clients.
\nYour work will directly impact the firm's bottom line. Whether it’s developing automatic pricing algorithms to help our trading desks make better decisions or building a pricing model product that will help clients hedge risk, you'll create an immediate commercial impact for the firm.
Responsibilities\n- \n
- Develop and maintain derivatives pricing models across multiple sub-asset classes, e.g. Gas & Power, Oil Products, Metals. \n
- Building algorithms and models for automated pricing and quoting of derivatives. \n
- Expand the scope of our automated pricing capabilities to new underliers/payoffs, solving idiosyncratic challenges along the way. \n
- Contribute to physical commodities and structured transactions across the business. \n
- Be involved with all stages of the software development life cycle with a range of technologies and collaborate closely with engineering teams who support the underlying infrastructure and frameworks. \n
- \n
- Excellent academic record in a relevant quantitative field such as Physics, Mathematics, Engineering or Computer Science. \n
- Experience in object-oriented programming with a language such as C++, Java or Python. \n
- Experience in finance or acutting-edgetechnology company. \n
- Excellent written and verbal communication skills. \n
- Prior experience in Commoditiespreferred, but not a pre-requisite. \n
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.
\nWe 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 moreabout our culture, benefits, and people atGS.com/careers .
\nWe’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
\nWe offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.
\nWe offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.
Financial Wellness & Retirement\nWe assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.
Health Services\nWe offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.
Fitness\nTo encourage employees to live a healthy and active lifestyle, some offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).
Child Care & Family Care\nWe offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.
Benefits at Goldman Sachs\nRead more about the full suite of class-leading benefits our firm has to offer.
\n