The Goldman Sachs Group, Inc. is a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. The firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Bengaluru, Hong Kong and other major financial centres around the world.
FICC & Equities
We make markets in and clear client transactions on major stock, options and futures exchanges worldwide. Through our global sales force, we maintain relationships with our clients, receiving orders and distributing investment research, trading ideas, market information and analysis.
Counterparty Risk
Counterparty Risk serves as a centralized 1st Line of Defense to manage the division's risk to its clients arising from our trading relationships. We mitigate risk, design, advise on and launch a breadth of initiatives across 3 key verticals: Franchise Stressed Counterparty Risk, Agreement Risk, Macro Market Structure Risk.
The role will focus on efforts to expand our capabilities to manage counterparty credit risk in ordinary day to day as well as stressed counterparty scenarios utilizing best-in-class tooling to identify, evaluate and manage risk scenarios. The successful candidate will be able to engage in strategic initiatives across multiple stakeholder groups while focusing on managing day to day risk.
Responsibilities & QualificationsManaging product risk, including credit limit and settlement risk monitoring, limit exception management, stress testing, risk exposure analysis and post-trade risk management processes Daily review of tall tree client exposures, risk profile and collateral balances Engage in document negotiation to review and approve material economically impactful terms in trading agreements Design strategy to respond macro market changes and work closely with cross-divisional project teams to implement initiatives Analyze, monitor, and report the Division's credit exposures across swaps, options, forwards, and repurchase agreements Flag exposures that exceed the firm's appetite to its counterparties to senior managers and other colleagues Identify and appropriately escalate issues related to data and work accuracy and quality Take initiative to identify opportunities for process improvements and develop methods to reduce risks, increase controls, and increase communication Engage with internal stakeholders both within Global Markets (Trading, Sales and operations) and the federation (Risk, Legal and Compliance) on overall GS Risk appetite to clients and tools to mitigate the riskSkills/ExperienceMinimum of 3 to 5 years' experience in Risk Management or Risk taking role in a financial institution Derivative operations, credit analysis, ratings analysis, corporate finance and/or research desired Relevant bachelor's degree or equivalent qualification with an excellent academic record Strong interest and familiarity with finance, global financial markets and economic developments. Strong analytical and quantitative skills. Strong written and verbal communication skills. Ability to work flexibly in teams and manage a varied workload to meet deadlines. Highly motivated with strong academic background and a commitment to excellence Strong organizational skills and the ability to manage multiple assignments concurrentlyABOUT 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.
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Goldman Sachs is an equal employment/affirmative action employer