RESPONSIBILITIES AND QUALIFICATIONS
JOB SUMMARY & RESPONSIBILITIES
Members of the Prime Services Futures and Clearing Risk team assess, monitor and manage the market risk of multi-asset portfolios in the listed markets on both an intraday and overnight risk basis. Our client base includes large institutional fund managers, hedge funds, CTAs, market makers and broker dealers. We are staffed globally with offices in New York, Chicago, London, Hong Kong and Bengaluru. The team partners with multiple divisions under the Prime Services umbrella including: Sales, Client Service, Credit, Compliance, Legal, Operations and Technology to deliver a best in class risk management platform that enables the business to compete and thrive in a sustainable way. The interaction with numerous departments, clients and the diverse projects that ensue allow for a challenging, multi-dimensional and rewarding work environment.
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Currently we are seeking a VP level candidate to join the Futures and Clearing Risk team in the New York office. A successful candidate would be expected to:
- perform risk analysis and deep dives into global multi-asset portfolios to assess market and liquidity risks
- master risk based margin methodologies and process
- master the intraday risk management platform and process
- work with key stakeholders to enhance existing risk management platforms and margin offering
- validate and support daily risk management reports and margin calls
- engage in innovative research tasks for the team and senior management
- explain margin methodologies and the risk management process on sales calls with prospective and existing clients
- engage with CCPs and advocate for improvements to margin methodologies and
- work closely and effectively with Technology, Strats, Operations, Credit and Sales teams on implementation and deployment of enhancements to margin methodology, process and policy
- supervise desk analysts and associates and help with training and knowledge transfer
Required Skills and Qualifications
- Strong quantitative and analytical skills required. An advanced degree in a quantitative discipline preferred.
- Listed derivatives knowledge required. Experience with the commodities markets preferred. Previous trading or risk management experience a plus.
- Knowledge of CCPs and their margin methodologies.
- Demonstrated interest and knowledge of markets and ability to assess impact of macro trends on client portfolios.
- Strong writing, presentation and communication skills.
- Ability to handle multiple projects and deliverables concurrently.
- Functional knowledge of at least one programming language and SQL is beneficial.
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., 2023. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
Salary Range
The expected base salary for this New York, New York, United States-based position is $150000-$225000. 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.