About Financial Modeling at Goldman Sachs
Many careers at Goldman Sachs require financial modeling skills. The groups most commonly involved in financial modeling are the investment banking division (IBD) and the equity research department. The titles and positions that are required to build models are typically Analysts and Associates. More senior positions, such as Vice Presidents, Directors, and Managing Directors, are less involved with models and more focused on relationship management.
Goldman Sachs is a multinational investment bank and financial services company. It is considered one of the world’s largest investment banking enterprises in the world, with net revenues reaching more than $30 billion in 2017.
Solid financial knowledge is essential at Goldman Sachs. Individuals who are involved in financial modeling are expected to work on large datasets to establish predictive models for different business centers, build advanced qualitative and quantitative methods, and help clients come up with risk models that assess market and liquidity risks, as well as modeling vulnerabilities.