Asset & Wealth Management, Risk Management, Analyst - New York
Goldman Sachs · New York, United States · 9d ago
Asset & Wealth Management: Risk Management, Analyst - New York
YOUR IMPACT
We are seeking an Analyst/Associate to join the Global Risk Management team within Goldman Sachs Asset Management.
OUR IMPACT
The Global Risk Management team is uniquely positioned within the firm as part of Goldman Sachs Asset Management. Our global fund complex and separately managed account portfolios cover a wide range of assets classes, global markets and strategies. The team is responsible for independent oversight and risk governance covering all elements of risks including market risk, liquidity risk, counterparty risk, operational risk as well as risk governance and oversight of dedicated regulated legal entities via designated CRO roles. The team regularly interacts with a wide range of teams across Goldman Sachs Asset Management including portfolio managers, embedded risk managers, and various Federation groups that cover Goldman Sachs Asset Management, including the Legal, Compliance, the Risk Division and Controllers in order to effectively monitor risk and continually improve upon our risk governance framework. The team is also responsible for risk monitoring and regulatory reporting for the global fund complex.
How You Will Fulfil Your Potential -
Responsibilities And Qualifications
• Daily/weekly monitoring of the risks associated with GSAM funds across different investment strategies
• Developing, implementing, and enhancing stress tests, scenario analyses, and risk attributions
• Building and maintaining relationships with portfolio managers and other key stakeholders
• Providing regular updates on changes in risk metrics and stress tests to senior AM Risk Management
• Ensuring adherence with the independent risk governance framework
• Assessing and quantifying market risk through a variety of metrics, including but not limited to drawdown controls, VaR, risk concentrations, risk factor analysis and other stress tests.
• Providing information (reports, ad-hoc postings and analysis) to Divisional Risk Management.
• Providing detailed market risk updates and reports to Boards of Directors and regulators as required.
Skills And Experiences
• Strong academic record with a degree or equivalent in Finance, Economics, Accounting or a related discipline
• Strong quantitative skills
• Experience in Fixed Income Market Risk gained from working within investment management industry advantageous
• Must have strong experience in measuring, monitoring, analysing and reporting risk exposures especially as it relates to Fixed Income product suite
• Detail oriented with a strong control mentality. Ability to demonstrate involvement in process improvement initiatives required
• Acute and pro-active interest in financial markets
• Highly motivated, enthusiastic, and assertive with a “can-do” attitude.
• Strong team player, able to work with a wide range of stakeholders (e.g. from Portfolio Managers to Controllers to Technology etc.)
• Strong written and verbal communication skills required
Salary Range
The expected base salary for this New York, New York, United States-based position is $85000-$110000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.
Benefits
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.