Goldman Sachs has an appetite for recruits who are not quants but who can bring quantitative and data-driven thinking to bear on business issues. These people are called strats. Goldman uses them everything from coding algorithmic trades and generating sales ideas to running data on employees. They’re a bit like quant developers, but more commercial.
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Goldman isn’t the only place to hire people like this. Rival banks, hedge funds and electronic trading firms like Jane Street are partial to them too. All these firms particularly want to hire scarce women to these roles. Which might be why Goldman is trying something new.
At a pre-university recruitment event for female strats in London this week, Goldman invited the women in an attendance to participate in a guided mutual meditation session led by strats recruiter Silvia Impellizerri. Young women who attended described the event as a “delight.” Impellizzeri says it created a “ripple effect of positive energy.”
Goldman has a long history with meditation. The firm ran meditation sessions for aspiring juniors during the pandemic and its London interns have been participating in meditation sessions led by Impellizerri for the past two years. Last year, the firm invited mindfulness and meditation guru Jay Shetty to talk to its chief people officer Jacqueline Arthur about the “ancient wisdom” of meditative practice. Shetty pointed out that people like Bridgewater founder Ray Dalio are big meditation fans.
Where Goldman goes, other recruitment events may follow. Two Sigma also says it provides mindfulness and meditation training to reduce stress and increase focus. It doesn’t seem that anyone has made meditation part of the interview process yet, but it could be a next step.
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Source: efinancialcareers.com
