Asset & Wealth Management, Risk… at Goldman Sachs · New York

Summary: Goldman Sachs is a leading global investment banking, securities and investment management firm. They are seeking an Associate to join their Global Risk Management team, responsible for independent oversight and risk governance across various asset classes and strategies within Goldman Sachs Asset Management. Responsibilities: - 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 Required Qualifications: - Strong academic record with a degree or equivalent in Finance, Economics, Accounting or a related discipline - Strong quantitative skills - Experience in Market Risk gained from working within investment management industry advantageous - Must have strong experience in measuring, monitoring, analysing and reporting risk exposures - 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 Required Skills: Market Risk, Risk Monitoring, Risk Reporting, Stress Testing, Scenario Analysis, Risk Attribution, Financial Markets Knowledge, Quantitative Skills, Process Improvement Benefits: Discretionary bonus, Valuable and competitive benefits and wellness offerings