Goldman Sachs Commodities Desk Strat - Quantitative Engineer 

United States, New York, New York 

18961426

Job Summary and Responsibilities:

• Responsible for the desks pricing, profit/loss, returns, and risk calculations across the North American commodities markets: Power, Gas, Crude, Products, Metals
• Implement and extend pricing models using the firms in-house programming language and database in response to client demand, including derivative exotics, storage, transport, and tolls Implement and calibrate commodity-specific market and volatility models under changing market dynamics, including heat rates, gas basis, and crude grades
• 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

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

Preferred Qualifications

• Experience working with real-time systems
• Knowledge of fixed income financial markets / basic financial modelling
• Academic background in a technical field: Computer Science, Physics or natural sciences, Pure or Applied Mathematics, or Statistics
• Development background in a structured language (C, C++, Java, Python, etc.)
• Mathematical knowledge calculus, probability, statistics
• Knowledge of Commodities markets and products
• Commercial focus, team-oriented, self-motivated
• Experience working on a trading desk or similar fast-paced, open environment
• Problem-solving and communication skills, ability to convey technical topics to a diverse audience
• Initiative and ownership, track record in developing business agendas