Asset & Wealth Management, Risk Manager Alternatives (1LoD), AnalystAssociate, London
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Job Summary
ASSET & WEALTH MANAGMENT
Goldman Sachs Asset Management is one of the worlds 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 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
- Collaborate across portfolio management investment teams and second line risk teams to monitor risk usage and emerging risks
- Develop risk oversight processes policies and procedures and monitor ensuring compliance
- Perform deep-dive analysis on emerging risk areas and assess the potential impacts on various portfolios
- Engage 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
- Contribute to risk transparency develop the risk management framework including limits and thresholds and work with engineering to enhance risk capture
- Assess and draw attention to the risks of new products and businesses within Alternatives
- Support risk reporting including regulatory deliverables and committee and board reports
EXPERIENCE & QUALIFICATIONS REQUIRED
- Bachelors Degree
- Proven knowledge of quantitative analysis and modelling (strong Excel skills and a working knowledge of US GAAP is preferred)
- A min of 2-4 years of financial services experience related to risk management portfolio management trading and/or asset management (AS)
- Strong analytical and problem-solving skills
- Strong interpersonal and communication skills oral as well as written
- 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 (experience with or knowledge of various systems used in GS are preferred)
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. 2023. 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.
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About Company
The Goldman Sachs Group, Inc. is a leading global investment banking, securities, and asset and wealth management firm that provides a wide range of financial services.
