Job Description
YOUR IMPACT
We are seeking a VP-level candidate to join the Global Risk Management team within Goldman Sachs Asset Management. We are looking for an individual who has a strong expertise within risk management, including market risk and liquidity risk, who can leverage his/her strong project management skills and problem solving capabilities, and detailed-oriented mind-set to make an impactful contribution to our team and the various businesses across 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.
Responsibilities: As a VP within Global Risk Management team within Goldman Sachs Asset Management, you will be responsible for:
- Providing oversight for market, liquidity and counterparty risks and the associated risk governance processes
- Reviewing risk model outputs for external regulatory reporting
- Interacting directly with senior management and Boards to ensure that our risk governance oversight is understood, that material risks are effectively escalated, and governance items appropriately remediated
- Engaging with portfolio managers and traders, covering a broad range of asset classes, global markets and strategies on topics including risk governance threshold breaches, performance drivers, and most notably, changes in risk profile and strategies
- Leading projects and initiatives, along with our dedicated Strat and IT teams, to implement new risk tooling, measures and analytics to meet internal and regulatory requirements
- Engaging with clients to provide information around Goldman Sachs Asset Management's risk management culture and risk governance frameworks as part of client pitches or in periodic due diligence meetings
Qualifications: - 5-8 years of experience in risk management or similar role in the financial industry, especially project management expertise
- Detailed product and risk metric knowledge across a range of asset classes, and keen engagement with financial markets
- Highly organized, with attention to detail and proven track record of execution and delivery, both as an individual and as part of a team, which can be demonstrated
- Excellent team management and interpersonal skills and the ability to forge strong relationships with internal clients
- Strong verbal and written communication skills with the ability to influence a range of senior stakeholders, including exposure to governance
- Inquisitive mindset: seek deeper understanding of complex portfolios, products and processes and their associated risks
- Strong system capability, including Excel, PowerPoint. Coding experience would be a plus, although not a prerequisite
ABOUT GOLDMAN SACHS
At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.
We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.
We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more:
© The Goldman Sachs Group, Inc., 2023. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
Salary Range The expected base salary for this New York, New York, United States-based position is $125000-$250000. 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 .
Job Tags
Full time, Temporary work, Part time,