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Job Description
YOUR IMPACT
We are seeking a VP-level candidate to join the Global Risk Management team within Goldman Sachs Asset Management. We are looking for an individual who has a strong expertise within risk management, including market risk and liquidity risk, who can leverage his/her strong problem solving capabilities, and detailed-oriented mind-set to make an impactful contribution to our team and the various businesses across Goldman Sachs Asset Management.OUR IMPACTThe 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.How You Will Fulfill Your PotentialAs a VP within Global Risk Management team within Goldman Sachs Asset Management, you will be responsible for:• Providing oversight for market and liquidity risks and the associated risk governance processes• Reviewing risk model outputs for external regulatory reporting• Interacting directly with senior management to ensure that our risk governance oversight is understood, that material risks are effectively escalated, and governance items appropriately remediated• Engaging with portfolio managers and traders, covering a broad range of asset classes, global markets and strategies on topics including risk governance threshold breaches, performance drivers, and most notably, changes in risk profile and strategies• Leading initiatives, along with our dedicated Strat and IT teams, to implement new risk tooling, measures and analytics to meet internal and regulatory requirements• Engaging with clients to provide information around Goldman Sachs Asset Management’s risk management culture and risk governance frameworks as part of client pitches or in periodic due diligence meetingsSkills & Experience We’re Looking For• Bachelor's degree; 10+ years of experience in risk management from an asset manager, hedge fund or sell side• Strong working knowledge of Axioma risk and attribution factor models• Detailed product and risk metric knowledge (VaR, stress testing, tracking error, etc.) across a range of asset classes with a focus on Equities asset class, and keen engagement with financial markets• Highly organized, with attention to detail and proven track record of execution and delivery, both as an individual and as part of a team, which can be demonstrated• Excellent team management and interpersonal skills and the ability to forge strong relationships with internal clients• Strong verbal and written communication skills with the ability to influence a range of senior stakeholders, including exposure to governance fora• Inquisitive mindset: seek deeper understanding of complex portfolios, products and processes and their associated risks• Strong system capability, including Excel, PowerPoint. Coding experience would be a plus, although not a prerequisiteSalary RangeThe expected base salary for this New York, New York, United States-based position is $125000-$250000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.BenefitsGoldman 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 .