Quantitative Strategist, Global Banking & Markets, Commodities Trading - Sao Paulo / New York City

About the position

Goldman Sachs is a leading global participant in the commodities markets, active across a wide range of financial and physical products. We operate a fully integrated global business, offering comprehensive client services that span derivatives risk management and advisory, physical trading and logistics, and structured finance solutions. At Goldman Sachs, Quantitative Strategists (Strats) are at the cutting edge of our businesses, solving real-world problems through a variety of analytical methods. Working in close collaboration with traders and sales, their invaluable quantitative perspectives on complex financial and technical challenges directly power our commercial and business decisions. Our team is dedicated to transforming the commodities business through quantitative research and the systemization of key trading processes. We have a broad remit that includes automated quoting, optimizing hedging and portfolio risk decisions, and developing algorithms to trade derivatives on global venues. By deploying advanced statistical analysis and mathematical models, we enhance decision-making and drive business performance, working side-by-side with traditional \"voice\" traders and sales professionals on the trading floor.

Responsibilities

  • Perform systematic and quantitative analysis of franchise flows and market data to drive business decisions and inform the design of our automation platform.
  • Lead end-to-end structuring for commodity derivative and financing products, ensuring rigorous quantitative analysis and deepening client relationships by providing technical expertise and tailored solutions.
  • Contribute to a broad range of strategic initiatives and drive business expansion across Goldman Sachs’ diversified commodities franchise.
  • Automate the pricing of derivative products, providing fast and accurate pricing in response to client quote requests.
  • Implement automated hedging algorithms and build robust frameworks to manage risk centrally across a broad range of exposures.
  • Work closely with sales and trading to support, maintain, and enhance our automated pricing and trading systems.
  • Participate in all stages of the software development life cycle (SDLC) using a range of technologies, collaborating closely with engineering teams that support the underlying infrastructure and frameworks.

Requirements

  • Excellent academic record in a highly quantitative field such as Physics, Mathematics, Statistics, Engineering, or Computer Science.
  • Strong programming skills in an object-oriented or functional paradigm (e.g., C++, Java, or Python).
  • 2-4 years of experience in quantitative finance or at a cutting-edge technology company.
  • Self-starter with strong self-management skills, the ability to prioritize multiple tasks, and the capacity to work effectively in a high-pressure environment.
  • Excellent written and verbal communication skills.

Nice-to-haves

  • Prior experience in commodities at a peer investment bank or hedge fund.
  • Previous quantitative or technical experience working directly on or with a derivatives trading desk (regardless of asset class).

Benefits

  • Discretionary bonus
  • Comprehensive wellbeing and resilience offerings
  • Collaborative workspaces
  • Training and development opportunities
  • Firmwide networks
  • Mindfulness programs
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Common Interview Questions And Answers

1. HOW DO YOU PLAN YOUR DAY?

This is what this question poses: When do you focus and start working seriously? What are the hours you work optimally? Are you a night owl? A morning bird? Remote teams can be made up of people working on different shifts and around the world, so you won't necessarily be stuck in the 9-5 schedule if it's not for you...

2. HOW DO YOU USE THE DIFFERENT COMMUNICATION TOOLS IN DIFFERENT SITUATIONS?

When you're working on a remote team, there's no way to chat in the hallway between meetings or catch up on the latest project during an office carpool. Therefore, virtual communication will be absolutely essential to get your work done...

3. WHAT IS "WORKING REMOTE" REALLY FOR YOU?

Many people want to work remotely because of the flexibility it allows. You can work anywhere and at any time of the day...

4. WHAT DO YOU NEED IN YOUR PHYSICAL WORKSPACE TO SUCCEED IN YOUR WORK?

With this question, companies are looking to see what equipment they may need to provide you with and to verify how aware you are of what remote working could mean for you physically and logistically...

5. HOW DO YOU PROCESS INFORMATION?

Several years ago, I was working in a team to plan a big event. My supervisor made us all work as a team before the big day. One of our activities has been to find out how each of us processes information...

6. HOW DO YOU MANAGE THE CALENDAR AND THE PROGRAM? WHICH APPLICATIONS / SYSTEM DO YOU USE?

Or you may receive even more specific questions, such as: What's on your calendar? Do you plan blocks of time to do certain types of work? Do you have an open calendar that everyone can see?...

7. HOW DO YOU ORGANIZE FILES, LINKS, AND TABS ON YOUR COMPUTER?

Just like your schedule, how you track files and other information is very important. After all, everything is digital!...

8. HOW TO PRIORITIZE WORK?

The day I watched Marie Forleo's film separating the important from the urgent, my life changed. Not all remote jobs start fast, but most of them are...

9. HOW DO YOU PREPARE FOR A MEETING AND PREPARE A MEETING? WHAT DO YOU SEE HAPPENING DURING THE MEETING?

Just as communication is essential when working remotely, so is organization. Because you won't have those opportunities in the elevator or a casual conversation in the lunchroom, you should take advantage of the little time you have in a video or phone conference...

10. HOW DO YOU USE TECHNOLOGY ON A DAILY BASIS, IN YOUR WORK AND FOR YOUR PLEASURE?

This is a great question because it shows your comfort level with technology, which is very important for a remote worker because you will be working with technology over time...

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