Asset & Wealth Management, Investment Risk Management, Equities, Associate - New York

YOUR IMPACT

We are seeking an 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 monitoring 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, client teams, and various central functions such as Legal, Compliance, and firmwide risk 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 Equity funds across different investment strategies 
• Developing, implementing, and enhancing stress tests, scenario analyses, performance, and risk attribution
• Building and maintaining relationships with portfolio managers and other key stakeholders
• Participating in regular risk-return reviews with portfolio managers
• 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, tracking error, 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
• A minimum of 3 years of experience in Equities and/or Alternatives investments risk management gained within asset management industry 
• Experience analyzing fundamental equities (long only and/or long-short), as well as quantitative equities strategies strongly preferred 
• Working knowledge of risk factor models (e.g. Axioma, Barra) strongly preferred
• Strong quantitative skills, as well as working knowledge of programming languages for data analysis strongly preferred (e.g. Python, AI tools)
• Must have strong experience in measuring, monitoring, analyzing 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

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

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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.