Asset & Wealth Management, Global Investment Risk - Fixed Income, Vice President, London

London, England, United Kingdom

11/30/2024

Job Description

ASSET & WEALTH MANAGEMENT

We provide institutional and individual investors with investment and advisory solutions, with strategies spanning asset classes, industries, and geographies. We help our clients navigate today’s dynamic markets and identify the opportunities that shape their portfolios and long-term investment goals. We extend these global capabilities to the world’s leading pension plans, sovereign wealth funds, central banks, insurance companies, financial institutions, endowments, foundations, individuals and family offices. Our Asset & Wealth Management business also invests in corporate equity and corporate debt, real estate equity, and real estate debt and infrastructure worldwide. Additionally, we provide asset management services to investments where Goldman Sachs has an interest. Consisting of hundreds of professionals in multiple offices around the world, our business operates on a global platform.

GLOBAL INVESTMENT RISK

The 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.

Overview Of Role & Responsibilities

As a Vice President within the Global Risk Management team within Goldman Sachs Asset Management, you will be responsible for the following key duties.

• 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 meetings
  
  

Skills & Experience Required

• 5+ years of experience in risk management from an asset manager, hedge fund or sell side
• Strong working knowledge of Fixed Income and multi-asset risk management
• Detailed product and risk metric knowledge (VaR, stress testing, tracking error, etc) across a range of asset classes with a focus on Fixed Income 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 prerequisite
  
  

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

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