Quantitative Strategist, Global Banking & Markets, FICC Power Market Trading
at Goldman Sachs
Posted 13 hours ago
No clicks
- Compensation
- $150,000 – $300,000 USD
- City
- New York City
- Country
- United States
Currency: $ (USD)
Develop and maintain pricing, P&L and risk models for US power markets, implementing and extending models (including exotic derivatives) in the firm's in-house programming language. Collaborate closely with traders and sales to calibrate market and volatility models, quantify and manage desk risks, build robust analysis infrastructure, and identify new business and risk-management opportunities.
Who We Are
Goldman Sachs is one of the leading players in commodities markets across a wide variety of financial and physical products. We operate a fully integrated global commodities business capable of offering services to clients spanning derivatives risk management and advisory, physical trading and logistics, and structured finance products.
Within Commodities, our US Power team is responsible for utilizing modern and sophisticated quantitative techniques to enhance and further develop our derivatives market making capabilities. This includes traditional derivatives pricing and modelling, as well as automation of our quoting, hedging and risk management activities.
Who We Look For
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.
Our ideal candidate will have strong a strong technical background and problem solving skills, drive to investigate and learn new ideas, and the judgement to deliver quick yet robust solutions.
How You Will Fulfill Your Potential
- Responsible for the desks' pricing, profit/loss, returns, and risk calculations for US power markets.
- Implement and extend pricing models using the firms in-house programming language and database in response to client demand, including derivative exotics, and calibrate power-specific market and volatility models under changing market dynamics, including heat rates.
- Proactively identify and quantify risks associated with the desks' positions.
- Propose risk-management strategies and structures.
- Develop robust infrastructure to enable responsive, iterative analysis.
- Identify and advocate for new business opportunities and necessary infrastructure.
Qualifications
- Advanced degree in a quantitative field such as Engineering, Computer Science, Applied Mathematics, Physics.
- Strong programming background in an object oriented language.
- Excellent written and verbal communication skills.
- Ability to work in a high-pressure environment and deliver accurate results quickly.
- Ability to solve problems and to explain the ideas that underlie them.
- Familiarity with financial modelling.
Salary Range
The expected base salary for this New York, New York, United States-based position is $150000-$225000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.
Benefits
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.
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 GS.com/careers.
We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html
© The Goldman Sachs Group, Inc., 2025. All rights reserved.
Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.
