US Power Strat - Analyst / Associate - Global Banking & Markets - NYC

US Power Strat - Global Banking & Markets - Analyst / Associate - New York

Goldman Sachs has been engaged in the commodities business since 1981 and is one of the leading players in the commodities markets across a wide variety of financial and physical products. It operates a fully integrated global commodities business that is able to offer services to clients spanning derivatives risk management and advisory, physical trading and logistics and structured finance products.

OUR IMPACT

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.

Within Commodities, our 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.

Job Summary and Responsibilities:

• Responsible for the desks pricing, profit/loss, returns, and risk calculations across 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

Who We Look For

An ideal candidate would 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.

Basic Qualifications

• Bachelors/MS or PhD in a quantitative field - 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.
• Interest/familiarity with financial modelling