Vice President - CWMD5194926

Location(s) US-NY-New York
Job ID
2021-79702
Schedule Type
Full Time
Function(s)
Investment Management
Region
Americas
Division
Consumer and Wealth Management
Business Unit
PWM Strats
Employment Type
Employee

MORE ABOUT THIS JOB

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

RESPONSIBILITIES AND QUALIFICATIONS

Duties: Vice President with Goldman Sachs & Co. LLC in New York, NY. Develop quantitative models, methods and analytical tools to improve the investment management process. On a day-to-day basis, design, develop, and maintain high-performance investment management platforms; develop efficient, robust quantitative research and portfolio management tools that can be leveraged across different investment teams; develop rigorous and scalable data management/analysis tools to support the data-intensive quantitative investment process; design and build customized client-facing scenario analytics and marketing materials; and design and build quantitative performance analytics. Typical duties include, but are not limited to: Developing quantitative analytics and investment methodologies using advanced statistical, quantitative, or econometric techniques to improve the portfolio construction process; researching, proposing and implementing portfolio optimization frameworks that take into account portfolio specific constraints, exposure and risk objectives; creating and using quantitative models to simulate and evaluate portfolio solutions, risk-management strategies and new investment ideas; conducting research in quantitative investment models and portfolio construction techniques, performing signal analyses; and delivering presentations on research conducted; working closely with Stakeholders to provide analytics, tools and models for portfolio management and risk management; developing quantitative risk analytics, including factor models, market risk, counterparty risk and liquidity risk; designing and building customized client-facing scenario analytics and marketing materials, utilizing  understanding of pricing models of products and market model assumptions that model the clients’ actual positions and hypothetical changes in the market environment; designing and building performance calculations for specific businesses, including incorporating the appropriate quantitative calculation methodology, building the mathematical performance attribution logic and providing the appropriate performance benchmarking; transforming concepts and ideas into robust software leveraging object oriented or functional programming languages; implementing mathematical models and analytics in production-quality software. Working closely with junior members on the team to mentor and train on topics of quantitative finance, programming and communication skills.

 

Job Requirements: Master’s degree (U.S. or foreign equivalent) in Applied Mathematics, Quantitative Finance, Financial Engineering or a related field. Minimum four (4) years of experience in the job offered or in a related role. Prior experience must include four (4) years: Developing quantitative analytics and investment methodologies using advanced statistical, quantitative, or econometric techniques to improve the portfolio construction process; researching, proposing and implementing portfolio optimization frameworks that take into account portfolio specific constraints, exposure and risk objectives; creating and using quantitative models to simulate and evaluate portfolio solutions, risk-management strategies and new investment ideas; conducting research in quantitative investment models and portfolio construction techniques, performing signal analyses, and delivering presentations on research conducted; developing quantitative risk analytics, including factor models, market risk, counterparty risk and liquidity risk; designing and building customized client-facing scenario analytics and marketing materials, utilizing understanding of pricing models of products and market model assumptions that model the clients’ actual positions and hypothetical changes in the market environment; designing and building performance calculations for specific businesses, including incorporating the appropriate quantitative calculation methodology, building the mathematical performance attribution logic and providing the appropriate performance benchmarking; transforming concepts and ideas into robust software leveraging object oriented or functional programming languages; implementing mathematical models and analytics in production-quality software. FINRA Series 7 and 66 required.

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



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