Finance, Controllers, Controller Modeling MRMA, Analyst/Associate, New York

  • Competitive
  • New York, NY, USA
  • Permanent, Full time
  • Goldman Sachs USA
  • 17 Feb 19

Finance, Controllers, Controller Modeling MRMA, Analyst/Associate, New York

MORE ABOUT THIS JOB FINANCE
We're a team of specialists charged with managing the firm's liquidity, capital and risk, and providing the overall financial control and reporting functions. Whether assessing the creditworthiness of the firm's counterparties, monitoring market risks associated with trading activities, or offering analytical and regulatory compliance support, our work contributes directly to the firm's success. The division is ideal for collaborative individuals who have strong ethics and attention to detail.

We are currently seeking candidates for the Controller Modeling (CM) group within the Market Risk Management and Analysis (MRMA) Department.

CM is a multidisciplinary group of quantitative experts focusing on independent price verification. The group is primarily responsible for designing, implementing and maintaining quantitative measures of fair value including Independent Present Value and collateral analysis signals. The group is also responsible for regulatory capital measurement and stress testing.

RESPONSIBILITIES AND QUALIFICATIONS Responsibilities:

The responsibilities of the associates can include:

  • Developing price verification models. Models must capture the economic and statistical properties of the underlying market risk factors. An Associate will analyze the quality and availability of independent data inputs to the models, and will design them accordingly.
  • Developing regulatory capital measurement and stress testing models.
  • Implementing new models as well as providing ongoing testing and support for existing models.
  • Documentation and quality control of models.
  • Performing exotic structure pricing analyses.
Opportunities:

In performing his/her job function an Associate will have the following opportunities:
  • Broad exposure to pricing and calibration models for a variety of products
  • Exposure to challenging quantitative problems such as modeling risks for derivatives, large scale Monte-Carlo simulations of complete portfolios across the firm, fast and accurate approximate market risk measurements.
  • Understand evolving regulatory framework and leverage quantitative skills to help the firm manage capital resources.
  • Development of quantitative and programming skills as well as product and market knowledge.
  • Opportunities to work with product controllers in various areas of the firm.
  • Dynamic team work environment.
Qualifications:

  • PhD or Master's candidate in a quantitative field such as mathematics, physics, statistics or engineering.
  • Excellent command of mathematics, modeling and numerical algorithms. Good knowledge of statistics and time series analysis a definite plus.
  • Strong programming skills and experience with an object oriented programming language (Java ok, C++ preferred).
  • Strong written and verbal communication skills.
  • Self-motivated team player


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., 2018. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.