Market Risk Strats – Associate
| Company | Goldman Sachs |
|---|---|
| Location | Dallas, TX, USA |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | Master’s, PhD |
| Experience Level | Mid Level |
Requirements
- Strong quantitative skills with a PhD degree in a quantitative discipline (Physics, Mathematics, Quantitative Finance, Statistics, Engineering, etc.) or a Master’s degree in a quantitative discipline with 2 years of relevant work experience.
- Excellent command of mathematics, modeling and numerical techniques. Good knowledge of statistics, time series analysis, econometric modeling and probability theory.
- Strong programming skills and experience with an object-oriented programming language (Java, C++ etc.).
- Knowledge of derivative pricing theory and market risk models.
- Strong written and verbal communication skills – ability to explain complex quantitative concepts to a non-technical audience.
Responsibilities
- Developing, refining and maintaining robust and production quality market risk models (such as value-at-risk, stress tests) and capital models. This involves identifying market risk factors for various financial products (derivatives) and building mathematical models to capture their economic and statistical characteristics.
- Implementing, testing and productionizing models and analytics. This involves prototyping models, implementing them and designing tests to ensure the quality of implementation as well as tests for the continuous functioning of the models.
- Providing high quality documentation on usage of models and quality control of models.
- Performing exotic structure pricing analyses, risk and capital impact analyses.
- Interact with various other groups such as risk managers, senior managers and stakeholders to explain the results of the models and analytics and provide quantitative advice.
Preferred Qualifications
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No preferred qualifications provided.