Wealth Management-New York-Analyst-Quantitative Engineering

Asset & Wealth Management – Analyst Quantitative Strategist in PWM Private Bank and Risk

Our quantitative strategists are at the cutting edge of our business and solve real-world problems through a variety of analytical methods. As a member of our team, you will utilize your training in mathematics, programming, and logical thinking to build quantitative models that drive success in our business. Your problem-solving talents and aptitude for innovation will help define your contributions and enable you to find solutions to a broad range of problems, in a dynamic, fast-paced environment.

Responsibilities

As a strategist on our Private Bank and Risk Strats team, you will work closely with the Goldman Sachs Private Bank, our global deposits and lending business serving ultra-high-net-worth clients. Your quantitative and software skills will be essential in developing new analytics, tools and models to help the Private Bank manage risk and optimize profitability.

Areas and examples for how Private Bank Strats contribute to the success of the Private Bank 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 PWM

Goldman Sachs Private Wealth Management (PWM) is a world-class provider of wealth management solutions for high-net-worth individuals, their families, and foundations. Our PWM advisors help clients manage their financial wealth including providing access to innovating investment ideas and opportunities, developing customized investment strategies, and offering a full array of wealth management services including liquidity and lending.

Basic Qualifications

Preferred qualifications :