Responsibilities
include:
Product pricing: Streamline and improve how lenders set rates across its portfolio of products, using financial return-on-equity models Funding optimization: Design quantitative models to help understand and realize the value of the bank's non-maturity deposits business for internal funding Risk Management: Develop quantitative models and tools to manage the private bank's risk, such as developing a rate-sensitive prepayment model to improve hedging of the bank's mortgage portfolio and develop tools for counterparty credit risk management. Scenario analysis: Build models to project the impact of various stress scenarios on the balance sheet and protect the bank by informing the firm's capital adequacy under stress
About Goldman Sachs Wealth Management
Across Wealth Management, Goldman Sachs helps empower clients and customers around the world to reach their financial goals. Our advisor-led wealth management businesses provide financial planning, investment management, banking, andprehensive advice to a wide range of clients, including ultra-high net worth and high net worth individuals, as well as family offices, foundations and endowments, and corporations and their employees. Our consumer business provides digital solutions for customers to better spend, borrow, invest, and save. Across Wealth Management, our growth is driven by a relentless focus on our people, our clients and customers, and leading-edge technology, data, and design.
Basic Qualifications
Bachelor, Masters or in a quantitative or engineering field, mathematics, physics, quantitative finance,putational finance,puter science, engineering 1-3 years of experience in the job offered or related quantitative financial modeling and software development positions Programming and mathematical skills are required Creativity, problem-solving skills, and ability tomunicateplex ideas to a variety of audiences A self-starter, should have ability to work independently as well as thrive in a team environment
Preferred qualifications:
Previous work experience in: Utilizing statistical methods, including time-series and regression analysis; programming in object-oriented languages for efficient model implementations; manipulating data sets using relational databases and SQL Previous work experience in: Developing bank loan and deposit pricing models and tools/models for risk management.
ABOUT GOLDMAN SACHS
At Goldman Sachs, wemit our people, capital and ideas to help our clients, shareholders and themunities 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'remitted 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/careers.
We'remitted to finding reasonable amodations for candidates with special needs or disabilities during our recruiting process. Learn more: //goldmansachs/careers/footer/
© The Goldman Sachs Group, Inc., 2021. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity Job ID 300
