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Asset & Wealth Management, Risk Governance, Analyst - New York

The Goldman Sachs Group
$2 trillion in assets under supervision, you can expect to participate in exciting investment opportunities while collaborating with talented colleagues from all asset classes and regions, and building meaningful relationships with your clients
United States, New York, New York
200 West Street (Show on map)
Feb 26, 2025
Asset & Wealth Management A career with Goldman Sachs Asset & Wealth Management is an opportunity to help clients across the globe realize their potential, while you discover your own. As part of one of the world's leading asset managers with over $2 trillion in assets under supervision, you can expect to participate in exciting investment opportunities while collaborating with talented colleagues from all asset classes and regions, and building meaningful relationships with your clients. Working in a culture that values integrity and transparency, you will be part of a diverse team that is passionate about our craft, our clients, and building sustainable success. Bringing together traditional and alternative investments, Goldman Sachs Asset & Wealth Management provides clients around the world with a dedicated partnership and focus on long-term performance. As 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. 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 governance and oversight 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, embedded risk managers, and various Federation groups that cover Goldman Sachs Asset Management, including the 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. YOUR IMPACT Responsibilities * 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. Required Skills &Experiences * Strong academic record with a Bachelors or Masters degree in Finance, Economics, Accounting or STEM * 1-2+ years of prior experience in Market Risk * Strong quantitative skills * Experience working within investment management industry strongly preferred * 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 The Goldman Sachs Group, Inc., 2021. 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 $85000-$110000. 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.