Asset & Wealth Management, QIS Liquid Alternatives - Portfolio Management, Analyst, London

Job Description

A career with Goldman Sachs Asset & Wealth Management is an opportunity to help clients across the globe realize their potential, while you discover your own. As part of one of the world's leading asset managers with over $3 trillion in assets under supervision, you can expect to participate in exciting investment opportunities while collaborating with talented colleagues from all asset classes and regions, and building meaningful relationships with your clients. Working in a culture that values integrity and transparency, you will be part of a diverse team that is passionate about our craft, our clients, and building sustainable success. Bringing together traditional and alternative investments, Goldman Sachs Asset & Wealth Management provides clients around the world with a dedicated partnership and focus on long-term performance. As a primary investment area within Goldman Sachs, we provide investment and advisory services for pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors and individuals.

ROLE SUMMARY

The Quantitative Investment Strategies (QIS) group within Asset & Wealth Management is responsible for managing client assets, and is a market leader in quantitative portfolio management. We use advanced quantitative methods to structure, manage, and monitor investment portfolios including Exchange Traded Funds (ETFs), mutual funds, and separately managed accounts. The role focuses on Systematic Volatility investing within our QIS Liquid Alternatives group and will contribute to the innovation and future growth of our volatility investing franchise with a particular focus on Defined Outcome and other derivatives based structures in an ETF wrapper.

RESPONSIBILITIES

• Perform portfolio research and portfolio construction for liquid, derivatives based portfolios
  • Contribute to quantitative research on systematic volatility strategies across equity and other Macro asset classes
  • Collaborate with senior portfolio managers to further develop, enhance, and maintain the research and portfolio management platform, encompassing strategy backtesting, performance monitoring, and risk analysis
  • Manage the end to end lifecycle of core software repositories both in research and production environments, creating and reviewing code in accordance to the team's SDLC requirements, to support the code base infrastructure
  • Manipulate structured and unstructured large datasets to extract quantitatively based insights for systematic volatility strategies
  • Assess the feasibility of systematic investment strategies regarding trading and implementation, incorporating liquidity and trading cost considerations
• Serve as a junior portfolio manager for the systematic volatility vertical within the QIS Liquid Alternatives group
  • Monitor systematic volatility premia models on an ongoing basis to ensure expected return delivery within expected risk parameters
  • Review and sign off trades generated by the team's systematic investment models
  • Contribute to the monitoring to ensure that the portfolios and associated materials are compliant with the relevant regulatory, governance, and risk processes
  • Assist client facing personnel when addressing client requests requiring quantitative analysis as well as when directly engaging with clients in in depth discussions about volatility based portfolios

REQUIRED QUALIFICATION

• Excellent Python programming skills and experience with other programming languages (e.g. C# or other languages)
• Proficiency in developing and deploying high quality code within a production environment, ensuring strict adherence to established architectural standards and coding best practices
• Knowledge of options pricing theory (classic and modern pricing methods, portfolio replication and stochastic calculus) and options derivatives analysis
• Strong familiarity with advanced statistics, linear algebra, asset pricing models, and optimization techniques
• Ability to synthesize and present research analysis, recommendations, and implications of investment decisions to senior management, client facing personnel, as well as clients

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

LOCATIONS

• London, Greater London, England, United Kingdom

BENEFITS Healthcare & Medical Services

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.

We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.

Financial Wellness & Retirement

We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees' priorities.

Health

We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state of the art on site health centers in certain offices.

Fitness

To encourage employees to live a healthy and active lifestyle, some of our offices feature on site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre approved amount).

Child Care

We offer on site child care centers that provide full time and emergency back up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.

Benefits at Goldman Sachs

Read more about the full suite of class leading benefits our firm has to offer.