Asset & Wealth Management, Counterparty Risk, Vice President - New York
Goldman SachsYOUR IMPACT
As a Vice President leading Counterparty Risk within Global Risk Management at Goldman Sachs Asset Management, you will lead a critical risk function supporting informed risk-taking across financing, derivatives and trading activities. You will assess and evaluate counterparty exposures, trading agreements, and influence risk appetite through independent, data-driven insights.
Working closely with portfolio managers, trading, legal and senior stakeholders, you will strengthen counterparty risk frameworks, enhance transparency on exposures, and improve stress testing and reporting to identify concentrations, assess counterparty resilience and inform decision-making.
OUR IMPACT
Global Risk Management sits at the center of Goldman Sachs Asset Management, providing independent oversight and governance for a global platform with over USD 3 trillion in assets under supervision across public and private markets, funds and separately managed accounts. Our mandate is to support sustainable growth by helping the business take risk thoughtfully—bringing transparency to portfolio exposures, stress and liquidity dynamics, counterparty and operational risks, and the broader control environment. We partner closely with portfolio management, trading, and control functions such as Legal, Compliance, and Firm-wide Risk to strengthen frameworks, improve monitoring and reporting, meet regulatory obligations and continuously evolve our risk practices in line with a fast-changing market and product landscape.
HOW YOU WILL FULFILL YOUR POTENTIAL:
As a Vice President leading Counterparty Risk within Global Risk Management at Goldman Sachs Asset Management, you will lead a small global team and partner closely with trading, derivatives legal, credit risk, liquidity operations and divisional risk leadership. You will be responsible for:
- Leading, coaching and developing your team; setting priorities, ensuring high-quality delivery and fostering a culture of curiosity and constructive challenge
- Owning counterparty risk coverage across trading relationships, providing independent perspectives that influence risk appetite and transaction-level decisions
- Oversee exposure monitoring, limit frameworks and stress testing to identify concentrations, assess counterparty resilience and escalate emerging risks
- Deliver clear, actionable reporting to senior stakeholders on counterparty exposures, trends and key risk themes
- Drive enhancements to counterparty risk frameworks, analytics and tooling in partnership with Engineering and Technology teams
SKILLS & EXPERIENCE WE’RE LOOKING FOR:
Qualifications and experience
- 7+ years of relevant experience counterparty and/or credit risk management, ideally buy-side, covering derivatives, financing and trading activities
- Deep understanding of counterparty risk, including exposure measurement, collateral dynamics, concentration risk and stress scenarios across trading relationships
- Demonstrated ability to partner with senior stakeholders (PMs, Trading, Legal and Risk) and influence decisions through independent, well-reasoned risk perspectives
- Experience overseeing risk frameworks and governance, including limit structures, stress testing and escalation of material risks
- Track record of delivering clear, actionable reporting to senior management and engaging effectively in governance forums
- Strong relationship skills, with experience managing and developing a team, and driving high-quality execution
- Strong quantitative and analytical skills, ideally with hands-on experience developing risk analytics and some familiarity with programming and BI tools (e.g., Python, Tableau/Power BI)
- Highly organised, intellectually curious and proactive, with excellent verbal and written communication
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 opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.
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.