Engineering – Dallas - Associate, Quantitative Engineering

Job Summary

Associate, Quantitative Engineering with Goldman Sachs & Co. LLC in Dallas, Texas. Multiple positions available. The role involves developing, implementing, and documenting scenarios comprising a broad range of economic and financial variables for businesses within the firm. The analyst collaborates with internal stakeholders, analyzes user needs from a scenario design perspective, and addresses data, model, and implementation issues.

• Analyze large data sets (structured and unstructured) to build predictive models of business relevant market variables.
• Develop, refine, and improve scenarios leveraging knowledge in financial markets, economics, current events, statistical analysis, and programming.
• Build and challenge risk models; identify and quantify vulnerabilities across market, credit, liquidity risk and modeling.
• Create and maintain clear and complete technical documentation of the risk-model performance testing approach and process.
• Collaborate with internal stakeholders, analyzing user needs from a scenario design perspective and addressing data, model, and implementation issues.

• Master’s degree (U.S. or foreign equivalent) in Computer Science, Financial Engineering, Applied Mathematics, Data Science, Operations Research or related quantitative field and one (1) year of experience in the offered role or a related quantitative engineering role, OR
• Bachelor’s degree (U.S. or foreign equivalent) in Computer Science, Financial Engineering, Applied Mathematics, Data Science, Operations Research or related quantitative field and two (2) years of experience in the offered role or a related quantitative engineering role.
• Prior experience must include one (1) year of experience (with a Master’s degree) OR two (2) years of experience (with a Bachelor’s degree) with five of the following skills: C++, Java, or Python; developing probability and pricing models utilizing financial mathematics principles, including stochastic calculus, no‑arbitrage pricing theory, partial differential equations, multivariable calculus, linear algebra, numerical methods, optimization, probability or random processes;
  
  quantitative analysis and model development using advanced econometric, statistical, and mathematical techniques, including Bayesian analysis, time series analysis, or machine learning algorithms; performing risk management or scenario‑based analysis; developing quantitative risk analytics, including factor models; developing rigorous and scalable data management and analysis tools to provide risk oversight and support the investment process; and statistics and data‑driven performance analysis, including Linear Regression or Time Series Analysis to measure performance.

Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veteran status, disability, or any other characteristic protected by applicable law.