Securities - Prime Services Dev Strats - Analyst/Associate
What We Do
At Goldman Sachs, our Engineers don't just make things - we make things possible. Change the world by connecting people and capital with ideas. Solve the most challenging and pressing engineering problems for our clients. Join our engineering teams that build massively scalable software and systems, architect low latency infrastructure solutions, proactively guard against cyber threats, and leverage machine learning alongside financial engineering to continuously turn data into action. Create new businesses, transform finance, and explore a world of opportunity at the speed of markets.
Engineering, which is comprised of our Technology Division and global strategists groups, is at the critical center of our business, and our dynamic environment requires innovative strategic thinking and immediate, real solutions. Want to push the limit of digital possibilities? Start here.
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.
Goldman Sachs' Strats business unit is a world leader in developing quantitative and technological techniques to solve complex business problems. Working within the firm's trading, sales, banking and investment management divisions, strats use their mathematical and scientific training to create financial products, advise clients on transactions, measure risk, and identify market opportunities.
Roles within Securities Strats
Securities Strats play important roles in several areas. Some Strats sit on trading desks, creating cutting-edge derivative pricing models and developing empirical models to provide insight into market behavior. Others develop automated trading algorithms for the firm and its clients, taking an active part in the increasing shift from voice to electronic trading. A third group works directly with the firm's sales force and clients, analyzing exposures, structuring transactions, and applying quantitative concepts to meet client needs. Between these teams, Core Strats design and develop complex parallel computing architectures, electronic trading tools, and advanced algorithms.
RESPONSIBILITIES AND QUALIFICATIONS
As a strategist developer who sits in the Securities Division, you will play an integral role on the trading floor. You may use latest open-source and in-house technologies to develop automated trading algorithms for the firm and its clients, or involved in designing and developing complex parallel computing architectures, scalable web apps, electronic trading tools and advanced algorithms. Throughout the Securities Division, strategists are using quantitative and technological techniques to solve complex business problems.
THE PRIME SERVICES DEV STRAT TEAM
Our global team is a fundamental part of the Prime Brokerage and Clearing Services groups under the Prime Services umbrella within the Securities Division. We drive major business decisions and run business critical systems in the following areas:
STOCK LOAN & FUNDING
Work side by side with the securities lending desk in conducting transactions and managing risk. In this entrepreneurial role, we build and maintain real-time and scalable trading, pricing, risk, inventory management and funding platforms.
Together with risk managers are responsible for developing and maintaining stress tests across asset classes and modelling of margin methodology and calculation of margin requirements. These state-of-the art models allow us to offer a wide range of financing solutions and risk-management models to help clients operate reliable in a variety of market conditions.
In charge of generating external and internal client performance metrics across various dimensions of the Prime Brokerage Business. These metrics are heavily relied on by senior management and drive many discussions between clients, sales, and strats to identify the best ways we can serve our clients' needs. While organized in different teams and locations, we pride ourselves in our teamwork across the globe and teams to find solutions that help our business thrive around the world. Our team members have a wide variety of technical, software engineering, quantitative, academic and cultural backgrounds. This diversity helps us to find innovative solutions for our complex business problems.
HOW YOU WILL FULFILL YOUR POTENTIAL
Job Summary & Responsibilities
If you are looking for a high impact position allowing you to fully leverage your strong technical, quantitative and communication skills, then our Prime Services Dev Strat team is the ideal opportunity for you. This will be a fantastic learning opportunity to work on cutting edge technologies applied at scale, work closely with business and operations, innovate and make a real impact the bottom line. We're looking for self-motivated people, driven to learn new technologies and the business it supports, who voice their opinions, and drive the team forward through innovation and new ideas. Key responsibilities will include building and managing Analytics applications spanning client profitability, securities lending trading and risk management platforms, developing analytics on trades, PNL and market trends; managing large datasets using cutting edge big data technologies; building tools to analyze and visualize data in UI and reports. You will work closely with global Prime Services Strats team, prime brokerage Sales, traders and Finance teams. You will build partnerships with colleagues across the firm. You will not only have a direct impact on key revenue stream in Prime Services business but also have the chance to work on the architectural and technical initiatives which will shape our business in the future
- Strong academic background in a relevant field - Computer Science or Physics background, Mathematics, Engineering
- At least 2 years of programming experience
- Strong programming skills in C, C++, Java, Python or equivalent language IV. Strong knowledge of data structures, algorithms and design patterns
- Working knowledge in database/data warehousing technologies such as ASE/Oracle/IQ VI. Strong verbal and written communication skills
- Ability to work as part of a global team and deliver strategic results in a timely fashion
- Comfortable working on multiple projects, demonstrating initiative and showing commercial impactb
- Big data / Datalake / Hadoop & associated query tools a plus
- High performance & throughput server side programming is a plus
- Experience in load testing and performance optimizations is a plus
- Knowledge of the Prime Brokerage and/or Securities Lending business is ideal but not mandatory
- Knowledge of Financial Mathematics & Quantitative understanding of statistics and probability a plus
- Equities market experience
ABOUT GOLDMAN SACHS
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., 2018. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.
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