Vice President with Goldman Sachs & Co. LLC in Jersey City, NJ.
Work Schedule: 40 hours per week (9:00 a.m. to 6:00 p.m.)
Duties: Vice President with Goldman Sachs & Co. LLC in Jersey City, NJ. Responsible for leading price verification efforts on positions held in portfolios – including, but not limited to securities, such as Mortgage Backed Securities (MBS), Asset-Backed Securities (ABS), and Collateralized Loan Obligations (CLOs). Price various types of Mortgage Backed Securities (MBS) structures using different pricing/modeling methodologies. Price Asset Backed Securities (ABS), such as Home-Equities bonds (across capital structure), Student loans, Credit Cards, Auto loans and Utility loans. Define and implement various quality control procedures on valuation inputs and outputs by utilizing VBA programming, SQL and Python. Work with technology teams on building tools for performing price verification tasks. Monitor market activity on a daily basis to ensure that all input parameters used in pricing models are properly capturing the current market conditions. Mentor and guide junior members.
Job Requirements: Bachelor’s degree (U.S. or foreign equivalent) in Finance, Business Administration or a related field. Five (5) years of experience in the job offered or in a related role. Must have five (5) years of experience with: valuation of structured products specifically CLOs, ABS, Re-securitizations and MBS products; utilizing tools including Intex or Bloomberg; valuation techniques including Discounted Cash Flows and Yield Analysis; utilizing tools including Microsoft Office Applications, VBA and SQL; pricing vendors in regards to various evaluation cycles, challenge process and annual due diligences; and prepayment and default impact on security’s cash flows.
The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.
© The Goldman Sachs Group, Inc., 2019. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.