ASSET & WEALTH MANAGEMENT
We provide institutional and individual investors with investment and advisory solutions, with strategies spanning asset classes, industries, and geographies. We help our clients navigate today’s dynamic markets and identify the opportunities that shape their portfolios and long-term investment goals. We extend these global capabilities to the world’s leading pension plans, sovereign wealth funds, central banks, insurance companies, financial institutions, endowments, foundations, individuals and family offices. Our Asset & Wealth Management business also invests in corporate equity and corporate debt, real estate equity, and real estate debt and infrastructure worldwide. Additionally, we provide asset management services to investments where Goldman Sachs has an interest. Consisting of hundreds of professionals in multiple offices around the world, our business operates on a global platform.
GLOBAL INVESTMENT RISK
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.
This position is within the global Investment Risk team. 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 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.
This position is within Goldman Sachs Asset Management Fund Services Limited, which is regulated by the Central Bank of Ireland. The Fund Risk team in Dublin is responsible for the risk management of certain GSAM funds marketed in the EU, and within this role you will also support the local legal entity.
THE ROLE & RESPONSIBILITIES
We are seeking an Analyst to join the Global Risk Management team within Goldman Sachs Asset Management.
- 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.
EXPERIENCE & SKILLS REQUIRED
- 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
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 employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
