Risk Economics Strats - Quantitative Engineer
MORE ABOUT THIS JOB
ENGINEERING What We Do
The Goldman Sachs Group, Inc. is a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong, Irving and other major financial centers around the world.
The Risk Economics Strats (RES) team is a central part of the Goldman Sachs risk management framework with primary responsibility for: 1) developing macroeconomic and financial scenarios for firm-wide scenario-based risk management; 2) developing and implementing statistical models for business-as-usual risk management and regulatory stress testing requirements; and 3) analyzing large datasets of risk metrics to extract valuable insights about the firm's exposures. To fulfill these objectives, Risk Economics Strats interface with a wide array of divisional, finance and risk management groups across the firm. The cross-disciplinary nature of the projects that RES engages in makes for a challenging and multifaceted work environment.
RES professionals are part of the value proposition of the firm, and we balance our key functional responsibility of control and risk management with that of being commercial. RES has strong traditions of risk management, data analytics and career development opportunities for our people. Who We Look For
Goldman Sachs Engineers are innovators and problem-solvers, building solutions in risk management, big data, mobile and more. We look for creative collaborators who evolve, adapt to change and thrive in a fast-paced global environment. RESPONSIBILITIES AND QUALIFICATIONS Responsibilities:
- Research and develop new methodologies for scenario design and capital allocation for investing and lending portfolios
- Develop time-series econometric models
- Develop and maintain risk/pricing calculation and risk infrastructure for investing and lending investments
- Develop portfolio monitoring tools to manage the wide variety of investment products
ABOUT GOLDMAN SACHS
- Bachelors or Masters in a quantitative subject
- Background in economic theory and econometric and financial modeling is preferred
- Strong coding skills preferably with a working knowledge of Java, C++, Python or Scala
- Excellent written and verbal communication skills
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