Global Banking & Markets - New York - Associate, Sales Strats - 9278423

Associate, Sales Strats

Job Duties: Associate, Sales Strats with Goldman Sachs & Co. LLC in New York, New York. Manage complex risk structures by collaborating with hedge funds and asset managers to recycle market risks such as Vega, Dividend, and Correlation risks, resulting in optimized risk transfer and increased access to discounted risk. Facilitate trading desks in offloading various market risks through financial instruments including Covariance Swaps and Dividend Swaps, among others, enhancing risk management processes and enabling more strategic positioning in primary markets, contributing to better business opportunities and growth in trading activities. Create optimization tools for Single Stocks Corridor Variance Swaps with over 10 customizable parameters, boosting risk management efficiency and offering tailored solutions meeting diverse client requirements. Lead meetings with Sales and Traders to propose and develop structured notes aligned with current market trends, focusing on creating innovative and suitable financial products. Coordinate the development of a comprehensive menu of flow exotic products (e.g., Dual Binaries, Lookback Options, KO Options, Worst-Of Calls). Work closely with trading and quantitative teams to ensure accurate, client-focused reporting. Conduct Research & Development on new product designs, such as implementing indices tradable on Total Return Swap (TRS): recycle the risk of our internal inventory. Develop back test tools to track the historical performance of exotic payoffs. Analyze the pricing and risk exposure of Capped Volatility Swap to compare it to the inventory risk.

Job Requirements: Master's degree (U.S. or foreign equivalent) in Finance, Financial Engineering, Mathematics, Operations Research, or related field and one (1) year of experience in the job offered or in a related role. Prior experience must include one (1) year of experience with: working with an object-oriented language including Java, Python, or C++; stochastic Calculus, Jump processes, and numerical methods; working with Structured Products and Autocallable Risk; linear and Non-Linear optimization; options, Futures, and Derivatives pricing and theory; time series analysis & experience in large dataset manipulation. Domestic travel required to visit with clients approximately 10% of time.

Salary Range: Annual base salary for this New York, New York -based position is $127,000 – $150,000.