Associate, CONT4670924

Location(s) US-NY-New York
Job ID
2020-65029
Schedule Type
Full Time
Level
Associate
Function(s)
Finance
Region
Americas
Division
Controllers
Business Unit
Controllers Modelling
Employment Type
Employee

MORE ABOUT THIS JOB

Associate with Goldman Sachs & Co. LLC in New York, NY.

 

Work Schedule: 40 hours per week (9:00 a.m. to 6:00 p.m.)

RESPONSIBILITIES AND QUALIFICATIONS

Duties: Associate with Goldman Sachs & Co. LLC in New York, NY. Develop and continuously improve independent price verification models used in fair value financial reporting under US GAAP for exotic interest rate products, including: mid-curve swaption, constant-maturity-swap binary option and Bermudan swaption. Ensure that models are serving purpose of independently controlling to ensure fair valuation of the firm’s inventory. Be responsible for model design, implementation, evidencing model correctness by testing model assumptions, model documentation, model review with internal model risk management team, and explaining the results and associated impacts to financial statements to controllers. Conduct data analytics and provide automation solutions for accounting workflows based on business needs.

 

Job Requirements: Master’s degree (U.S. or foreign equivalent) in a quantitative field such as mathematics, physics, statistics or engineering. Two (2) years of experience in the job offered or a related financial quantitative role. Prior experience must include: Applying understanding of financial products, including performing quantitative analysis in relation to products; Programming languages, such as C++/Java/Python; Applying knowledge of statistics and data science, such as regression/random forest; Utilizing and understanding US GAAP accounting of financial products and financial statements preparation process for a global investment bank; and Accounting workflow automation.

ABOUT GOLDMAN SACHS

ABOUT GOLDMAN SACHS


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.

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 GS.com/careers.

We’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



© 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