Quant jobs / Goldman Sachs

Desk Strat – Exotic Credit (FICC)

A desk strat role supporting credit exotics, macro credit, financing and cash credit trading. You build the pricing and risk models and the systems that serve traders and sales.

What you’d work on

Our reading of the posting: what a new hire in this role would most likely spend their first months on.

Maintain pricing and risk models for CDS, index tranches, notes and total return swaps
Calibrate hazard-rate, correlation and volatility models
Support structured credit deals with traders, sales and structurers
Build pricing libraries, end-of-day risk, P&L explain and validation tooling

What they ask for

Required

MS or PhD in applied maths, physics, engineering or computer science
Object-oriented programming
Problem solving
Communication
Accuracy under time pressure

Education: MS or PhD in applied maths, physics, engineering or computer science
Experience: Not stated for analyst and associate levels; VP entry needs financial industry experience
Markets: credit, fixed-income

How to prepare

Bootstrap a credit curve from CDS quotes in Python
Price an index tranche with a Gaussian copula and understand its limits
Learn total return swap mechanics on bonds and loans
Build a small pricing library with a P&L explain report

What to study

The Derivatives Pricing Quant roadmap sets out the stages for this kind of role, with free resources for each.

Open the roadmap

Apply

Read the full posting on Goldman Sachs’s site before applying: requirements, location and pay can change after we check them.

View the posting on Goldman Sachs’s site ↗

SelfMadeQuant wrote this summary from the employer’s public posting, last checked 6 November 2026. SelfMadeQuant isn’t affiliated with Goldman Sachs and doesn’t handle applications.