Global Banking & Markets, FICCs Credit Strats – Embedded Control Strat - Associate - Paris
Goldman Sachs11 hours ago
Paris, FranceMid Level
Responsibilities
- Build and maintain pricing and risk models for single-name CDS, CDS indices, index tranches, CLNs, repacks, and total return swaps on bonds, loans, and indices.
- Develop and calibrate hazard-rate, correlation, and volatility credit models.
- Partner with sales, structuring, and trading teams on market strategies and structured credit transactions.
- Develop scalable pricing libraries and risk systems supporting trade booking, end-of-day risk, P&L explain, and model validation.
- Provide quantitative analysis and technical solutions for changing market and risk conditions.
Requirements
- MS or PhD in Applied Mathematics, Physics, Engineering, Computer Science, or another quantitative field.
- Meaningful coding experience in an object-oriented programming language.
- Strong quantitative and technical problem-solving skills.
- Excellent written and verbal communication skills.
- Ability to investigate and learn new ideas, work in a fast-paced environment, and deliver accurate results quickly.
- Ability to explain underlying ideas clearly.
- Relevant financial-industry experience for candidates entering at VP level.
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About Goldman Sachs
Goldman Sachs is a global financial services firm that provides investment banking, securities trading, and asset and wealth management to corporations, financial institutions, governments, and individuals. Its businesses generate revenue from advisory and underwriting fees, trading and financing, and management fees on client assets. Founded in 1869 and headquartered in New York City, it operates worldwide and is listed on the NYSE under the ticker GS.