Our core value is building strong relationships with our institutional clients, which include corporations, financial service providers, and fund managers. We help them buy and sell financial products on exchanges around the world, raise funding, and manage risk. This is a dynamic, entrepreneurial team with a passion for the markets, with individuals who thrive in fast-paced, changing environments and are energized by a bustling trading floor
The first line of defense Market Risk Team within Global Banking & Markets facilitates effective prudent risk management and regulatory compliance for the Firm’s market risks. The team operates as a central risk stakeholder who engages directly with businesses to support risk management and analysis, transparency and escalation of risk, supervision, and overall process improvement.
KEY RESPONSIBILITIES
Evaluate risk taking behavior and influence outcomes through portfolio and transaction level risk analysis taking into consideration risk appetiteOngoing review of risk measures (VaR, greeks, stress tests) and interaction with 1st line risk takers Collaboration with Engineering colleagues on the development of new risk measures / stress tests and improvements to existing measures Proactive identification of emerging risks (e.g. basis risks, crowded trades) Connect events (e.g. macroeconomic data releases, political elections) to potential vulnerabilitiesDissemination of information and education of stakeholders through effective and timely communication and collaborationCommunication with senior management and regulators
QUALIFICATIONS
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: https://www.goldmansachs.com/careers/footer/disability-statement.html
© 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.