#Quant #GoldmanSachs #CareerAdvice #WLB
Hey there! 🌟
Congratulations on your job offer from Goldman Sachs! It sounds like you’re facing a tough decision between staying as a quant analyst at your current bank or making the move to GS as a Strat in Treasury. Here are some things to consider:
– Compensation at GS is better, but you’re worried about work-life balance (WLB). It’s important to weigh the pros and cons of each option and think about what matters most to you in the long run.
– If you’re concerned about using “Slang” language at Goldman, it might be helpful to reach out to current employees or do more research to get a better understanding of the environment and culture at the company.
– Going to GS could be beneficial if you’re looking to switch to the buy-side later on. The name recognition and experience at Goldman could open up new opportunities for you in the future.
As for advice, here’s what I suggest:
1. Reach out to current or former employees at GS to get their insights on the work-life balance and culture at the company.
2. Consider talking to a career coach or mentor for guidance on making this decision.
3. Evaluate your long-term career goals and how each option aligns with them.
Good luck with your decision, and I hope this helps! 🚀 Feel free to share any other thoughts or questions you have.
Cheers! 🌟
The name matters, if its in NYC. If your below the VP level yes, you can switch to buy side. I have friends who have done it*. If your VP you might have to take some lateral moves. If I were in your shoes, I would take it. Culture is real and I don’t imagine Goldman is a friendly place.
*Quant Analytics is my entire career and I’ve worked/Work at two of the BBs. I know which recruiters are contacting me.
What type of modelling will you be working on: IRRBB, liquidity? I’m a Strat in treasury but at another bank.
Go for the name (Goldman) especially if it’s in a nice city. If WLB isn’t what you’d like, stick it out for a year and switch to another role, maybe Buy Side.
Quant Strats at GS has an insanely strong network. A lot of the folks that have gone through there are now MDs+ all over the finance industry. For reference the same guys who worked on GS’s risk/pricing systems went to JPM and BoA to build out the Athena and Quartz systems.
One of the main fellas went on to start his own company Beacon and its first client-user is now called Global Atlantic, an insurance company owned by KKR but was once under GS. Beacon has been adopted by several other companies now, a more famous one being PIMCO.
Blackstone’s credit and insurance arm are also heavily into Beacon.