Asset & Wealth Management, Investment Risk Governance, Equities, Associate

YOUR IMPACT

We are seeking an Associate to join the Global Risk Management team within Goldman Sachs Asset Management.

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, counter party risk, operational risk as well as risk monitoring 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, client teams, and various central functions such as Legal, Compliance, and firmwide risk 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.

• Daily/weekly monitoring of the risks associated with GSAM Equity funds across different investment strategies
• Developing, implementing, and enhancing stress tests, scenario analyses, performance, and risk attribution
• Building and maintaining relationships with portfolio managers and other key stakeholders
• Participating in regular risk-return reviews with portfolio managers
• Providing regular updates on changes in risk metrics and stress tests to senior AM Risk Management
• Ensuring adherence with the independent risk governance framework
• Assessing and quantifying market risk through a variety of metrics, including but not limited to drawdown controls, VaR, tracking error, risk concentrations, risk factor analysis, and other stress tests.
• Providing information (reports, ad-hoc postings and analysis) to Divisional Risk Management.
• Providing detailed market risk updates and reports to Boards of Directors and regulators as required.

• Strong academic record with a degree or equivalent in Finance, Economics, Accounting, or a related discipline
• A minimum of 3 years of experience in Equities and/or Alternatives investments risk management gained within asset management industry
• Experience analyzing fundamental equities (long only and/or long‑short), as well as quantitative equities strategies strongly preferred
• Working knowledge of risk factor models (e.g. Axioma, Barra) strongly preferred
• Strong quantitative skills, as well as working knowledge of programming languages for data analysis strongly preferred (e.g. Python, AI tools)
• Must have strong experience in measuring, monitoring, analyzing and reporting risk exposures
• Detail oriented with a strong control mentality. Ability to demonstrate involvement in process improvement initiatives required
• Acute and pro‑active interest in financial markets
• Highly motivated, enthusiastic, and assertive with a “can‑do” attitude.
• Strong team player, able to work with a wide range of stakeholders (e.g. from Portfolio Managers to Controllers to Technology etc.)
• Strong written and verbal communication skills required

The expected base salary for this New York, New York, United States‑based position is $100000-$160000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year‑end.

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 .

Healthcare & Medical Insurance

We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short‑term disability, long‑term disability, life, accidental death, labor accident and business travel accident insurance.

We offer competitive vacation policies based on employee level and office…