Risk, Market Risk, Associate, Hong Kong

Risk Division

The Risk Division as second line of defense for the firm identifies anticipates measures and mitigates whenever appropriate - the diverse array of risks that the firm faces in serving clients and operating its global businesses. Risk professionals focus on giving the firm clarity on the risk profile of our activities and devise strategies to protect the firms ability to serve our clients as a leader in global financial markets.

Market Risk Overview

Market Risk Specialists (MR) are part of the Risk division and are responsible for effective deployment of the firms market risk appetite prudent risk management and regulatory compliance for the Firms market risks. This is achieved through the proactive application of expert knowledge judgement and risk management capabilities including limit setting. Activities are centered on Risk management and analysis transparency and escalation of Risk Supervision and overall process improvement.

Joining the team will give you the opportunity to focus on activitiesin the Global Currencies and Emerging Markets business including Credit Interest Rate and Structured Product will work closely with colleagues around the globe on tasks and projects that contribute directly to the firms professionals gain diverse financial experience and a broad perspective on how the entire firm functions. The interaction with numerous departments and the range of projects that ensue allow for a challenging varied and multi-dimensional work environment.

Responsibilities

• Evaluate market risk taking behavior and influence outcomes through portfolio and transaction level risk analysis as well as risk limit calibration and setting
• Understand factors and events that could lead to an impact on the financial markets and analyze their impact on the firms portfolios
• Perform pro-active ad hoc stress tests ahead of notable market events
• Ensurethat issues are promptly escalated to senior management.
• Direct the implementation of new risk measures and improvements to existing measures using knowledge of risk management and communicating directly with senior management on risk-related issues.
• Review and challenge risk taking activities while engaging effectively with traders/bankers
• Monitor adherence to established risk limits and ensuring that material risks are effectively communicated to senior management.
• Maintain shared responsibility for signing off on the Market Risk approval process for new products traded by the businesses covered.
• Operate at an intersection of risk appetite and conducting business.
• Improve commercial impact and effective personnel performance under a robust control environment

Qualifications

• Strong academic record with Bachelors degree equivalent or above in Finance Economics or a related quantitative/analytical discipline preferred
• Understanding of financial products (including derivatives/greeks) is desired. Experiencein GCEM Market Risk preferred. Coding abilities will be a plus.
• Ability to collaborate with people from different departments and levels of seniority
• Ability to communicate complex information directly with senior management
• 3-5 years experience in the industry/a relevant role

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. Were 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 committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: The Goldman Sachs Group Inc. 2024. 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.