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Full-time
bachelor degree
Posted 53d ago
~40 hrs/week
Responsibilities
The successful applicant will lead engagement with portfolio management and investment teams to monitor risk usage and emerging risks. They will also conduct deep-dive analyses on emerging risk areas and present findings to senior management.
Requirements
Candidates must have a bachelor's degree and a minimum of 7-8 years of experience in financial services related to risk management or asset management. Strong analytical skills and the ability to communicate effectively with senior stakeholders are essential.
Full job description
ASSET & WEALTH MANAGMENT
Goldman Sachs Asset Management is one of the world’s leading asset managers with over $3 trillion in assets under supervision. As the primary investment area within Goldman Sachs, we provide investment and advisory services for pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors, and individuals.
TEAM & ROLE OVERVIEW
We invest in corporate equity and debt, real estate equity and debt, and infrastructure-related assets and companies. Asset & Wealth Management operates on a global platform and our team works in a fast-paced, exciting environment. Within Asset & Wealth Management, the Risk Management function is charged with enabling the division to responsibly execute on strategic initiatives at a regional and global level, managing financial and non-financial risk through implementation of a global risk management framework, and driving returns though various capital and workflow efficiency initiatives. In addition, the Risk Management function serves as an important point of contact for funds & legal entity boards as well as regulators.
The successful applicant will have an ability to understand various financial markets and products, and raise issues or concerns. He/she will have a high degree of integrity, strong attention to detail and be highly motivated and client-focused. Additionally, the successful applicant will be a team player, as the risk team is required to work closely with investment teams and other control functions across the firm.
As a risk manager within Asset Management Alternatives, you will be engaged in proactive management of financial and non-financial risk, through portfolio monitoring, market observations, and process oversight. The Risk team is an independent function within the business that develops and enforces the risk management framework.
RESPONSIBILITIES
Lead engagement with portfolio management, investment teams, and second line risk teams to monitor risk usage and emerging risks serving as a senior point of contact for cross-functional risk discussions
Lead deep-dive analysis on emerging risk areas and assess the potential impacts on various portfolios, presenting findings and recommendations to senior management and relevant committees
Drive strategic partnerships with the business to understand and mitigate risk, and challenge / escalate to senior management where appropriate
Monitor risk metrics against the thresholds and perform analytics where necessary; proactively identify opportunities to enhance risk monitoring and reporting processes
Advance the risk management framework by contributing to risk transparency, developing and refining limits and thresholds, and working with engineering to enhance risk tooling and infrastructure
Assess, escalate and support mitigation of risks of new products and businesses within the Alternatives business
Support risk reporting including regulatory deliverables and committee and board reports
Mentor and support junior staff, providing guidance on analytical approaches, risk methodologies, and professional development
EXPERIENCE & QUALIFICATIONS REQUIRED
Bachelor's Degree
Proven knowledge of quantitative analysis and modelling (strong Excel skills and a working knowledge of accounting frameworks is preferred)
A minimum of 7-8 years of financial services experience related to risk management, portfolio management, trading, and/or asset management
Demonstrated experience leading projects, initiatives, or workstreams, with the ability to influence and drive outcomes across teams
Strong analytical and problem-solving skills
Strong interpersonal and communication skills, oral as well as written, with the ability to present to and influence senior stakeholders
Ability to work independently in a small team, exhibit initiative and be proactive
Comfortable working in a fast-paced, high-energy environment
Familiarity with risk methodologies such as stress testing, sensitivities, limits
Savvy in Microsoft Suite of products, including Excel and PowerPoint
PROFESSIONAL ATTRIBUTES
Strong conceptual and analytical thinker who can separate facts from assumptions, see the bigger picture and make connections, identify scenarios, and assess probabilities and impacts.
Highly organized, disciplined, diligent, detail-oriented, and proactive. Excellent at planning, prioritizing, and managing time under tight deadlines.
Strong interpersonal and communication skills (both oral and written) with a client-focused and relationship-oriented approach.
Ability to work independently within a small team and thrive in a fast-paced, high-energy environment.
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 aspire to be the world’s most exceptional financial institution, united by our shared values of partnership, client service, integrity, and excellence.
Operating at the center of capital markets, we act as one firm, mobilizing our people, capital, and ideas to deliver superior results across our clients’ most complex challenges.
For 157 years, Goldman Sachs has delivered world-class execution on a global scale across our leading Global Banking & Markets and Asset & Wealth Management businesses.
Apprenticeship is central to our culture, with hands-on coaching and access to leaders who bring decades of experience and expertise. With office locations around the world, we offer a broad range of career opportunities to those who insist on excellence and thrive on performance.
Find our Social Media Disclosures here: gs.com/social-media-disclosures
Offices: 200 West Street, New York, New York 10282, US
Real Estate InvestmentFinanceAngel InvestmentImpact InvestingBankingConsultingAsset ManagementFinTechReal EstateFinancial Services
We aspire to be the world’s most exceptional financial institution, united by our shared values of partnership, client service, integrity, and excellence.
Operating at the center of capital markets, we act as one firm, mobilizing our people, capital, and ideas to deliver superior results across our clients’ most complex challenges.
For 157 years, Goldman Sachs has delivered world-class execution on a global scale across our leading Global Banking & Markets and Asset & Wealth Management businesses.
Apprenticeship is central to our culture, with hands-on coaching and access to leaders who bring decades of experience and expertise. With office locations around the world, we offer a broad range of career opportunities to those who insist on excellence and thrive on performance.
Find our Social Media Disclosures here: gs.com/social-media-disclosures
Offices: 200 West Street, New York, New York 10282, US
Real Estate InvestmentFinanceAngel InvestmentImpact InvestingBankingConsultingAsset ManagementFinTechReal EstateFinancial Services