Special Situation Group, Urban Investment Group - Strategist

Goldman Sachs - New York, NY4.0

Full-timeEstimated: $120,000 - $170,000 a year
Skills
MORE ABOUT THIS JOB
What We Do

The Urban Investment Group (“UIG”) is a fast growing principal investing and lending business that is aligned with the Special Situations Group (“SSG”). SSG is a global multi-asset class investing and lending business.

UIG invests and lends across 7 main products, many of which are highly structured. UIG's innovative investing approach also frequently requires new activity approvals that provide opportunity for collaboration across the firm with other Strats and divisions. You have the opportunity to have a profound impact on Goldman Sachs' Investing and Lending Sector system infrastructure. Working with some of the best investing and lending minds in the industry, you will learn about credit lending, equity investment, real estate investment and tax credits. Leveraging your programming skills and quant skills, you can help to transform this investing and lending business with highly efficient, modern portfolio management system infrastructure. Additionally, UIG seeks to drive "double bottom line" results so you will directly facilitate deploying the firm's capital in communities across the United States, generating both financial return and social impact. UIG is a multi-asset class investing and lending business that invests, largely through public-private partnerships, in the creation and preservation of affordable housing, jobs, neighborhood serving commercial property, and socially minded enterprises that benefit underserved populations and places. The business works closely with other areas of Goldman Sachs in sourcing, evaluating and structuring investment opportunities.

Your Impact

As a quantitative developer, you will create cutting edge models used in lending and private equity sectors to provide insights in market behaviors and to help our business grow. You will create complex computational architectures, leveraging advances in very large data store, parallel processing and other automation tools to meet the challenge of a rapidly growing and evolving business.

RESPONSIBILITIES AND QUALIFICATIONS
Responsibilities

Asset-Liability matching framework – pairing investment opportunities with funding strategies
Macroeconomic risk management and macro-hedge strategies
Capital allocation and scenario analysis
Portfolio management
Quantitative risk metrics development
Pricing models for new credit instruments
Who We Look For

We are looking for an individual who can develop new models and the requisite systems and processes in a commercial environment
Basic Qualifications

Academic background in a technical field – Computer Science, Physics or natural sciences, Pure or Applied Mathematics, or statistics.
Extensive coding skills preferably with a working knowledge of Java, C++, Python or Scala
Mathematical knowledge – calculus, probability, statistics
Clear communication skills, ability to convey technical topics to diverse audience, from technologists to senior business leaders
Commercial focus, team-oriented, self-motivated
Preferred Qualifications

Quantitative undergraduate or graduate degree
Experience working on a trading desk or similarly dynamic, open environment
Knowledge of financial engineering such as derivatives modeling (e.g. interest rates, credit)
WHO WE ARE

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.

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., 2019. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.