Global Banking & Markets, Credit Exotic Desk Strats, Associate, London at Goldman Sachs | GB | Rezi

Global Banking & Markets, Credit Exotic Desk Strats, Associate, London at Goldman Sachs

Global Banking & Markets, Credit Exotic Desk Strats, Associate, London

Goldman Sachs · GB

2 weeks ago

Global Banking & Markets, Credit Exotic Desk Strats, Associate, London

Goldman Sachs · GB

19 days ago
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About the Role

As a Desk Strategist on the Credit desk, you will partner directly with the firm's Credit Exotics, Macro Credit, Credit Financing (TRS), and IG/HY/Distressed trading desks. You will design and build pricing and risk models for bonds and exotic credit derivatives and total return swaps, develop scalable risk and scenario systems, and work with traders and sales to price and risk-manage client solutions across flow, structured, and funded credit.

Responsibilities

  • Build and maintain pricing and risk models for credit derivatives and bonds, including single-name CDS, CDS indices, index tranches, CLNs, repacks and total return swaps on bonds, loans and indices.
  • Develop and calibrate credit models, including hazard-rate, correlation, and volatility modelling.
  • Work directly with sales, structuring and traders on strategies to navigate rapidly changing market and risk conditions and contribute to structured credit transactions.
  • Develop robust, scalable pricing libraries and risk systems for derivatives, including trade booking, end-of-day risk, P&L explain and model validation support.

Requirements

  • Strong quantitative and technical problem solving skills.
  • Drive to investigate and learn new ideas.
  • Attention to detail and good judgment to deliver quick yet robust solutions.
  • MS or PhD in a quantitative field - Applied Mathematics, Physics, Engineering, Computer Science.
  • Meaningful experience in coding in an object oriented programming language.
  • Excellent written and verbal communication skills.
  • Ability to work in a dynamic and fast-paced environment and deliver accurate results quickly.
  • Ability to solve problems and to explain underlying ideas.
  • For candidates entering at VP level, relevant experience in the financial industry.

Skills

  • Quantitative analysis
  • Technical problem solving
  • Object-oriented programming
  • Credit derivatives modelling
  • Bond pricing
  • Risk modelling
  • Scenario systems development
  • Structured credit transactions
  • Pricing libraries development
  • Risk systems development
  • Model validation

Experience Level

  • VP level (for candidates with relevant financial industry experience)

Education Level

  • MS or PhD in a quantitative field (Applied Mathematics, Physics, Engineering, Computer Science)

About the Company

  • Quantitative strategists are at the cutting edge of our business, solving real-world problems through a variety of analytical methods.
  • Working in close collaboration with traders and salespeople, their invaluable quantitative perspectives on complex financial and technical challenges power our business decisions.