About this opportunity
Goldman Sachs lists this Asset & Wealth Management, Investment Risk Governance, Equities, Associate - New York New York [...] opportunity in new york, New York. Review the employer’s description below for duties, qualifications and application requirements.
Job description
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
Salary Range
The expected base salary for this New York, New York, United States‑based position is $ -$ . 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 .
Healthcare & Medical Insurance
We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short‑term disability, long‑term disability, life, accidental death, labor accident and business travel accident insurance.
We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.
Financial Wellness & Retirement
We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.
Health Services
We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state‑of‑the‑art on‑site health centers in certain offices.
Fitness
To encourage employees to live a healthy and active lifestyle, some of our offices feature on‑site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre‑approved amount).
Child Care & Family Care
We offer on‑site child care centers that provide full‑time and emergency back‑up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.
Benefits at Goldman Sachs
Read more about the full suite of class‑leading benefits our firm has to offer.
We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more:
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.
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Worksite address
new york, NY, 10261, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.