Market Risk Analyst - Associate

The Risk Division is responsible for independent review of market, credit, operational, model, and liquidity risk throughout the firm as well as enterprise wide stress testing.

Market Risk is a Department within the Risk Division that facilitates effective deployment of risk appetite, prudent risk management and regulatory compliance for the Firm’s market risks. The group acts as a key stakeholder in ensuring that the firm’s business plans are within its market risk appetite and engages directly with businesses on the review and challenge of risk management actions. The group also plays a key role in keeping the Board of Directors apprised of the firm’s market risk profile. This is achieved through the use of a suite of risk measures, proactive application of expert judgement, and limit setting. Activities are centered on risk management and analysis, transparency and escalation of risk, supervision, and overall process improvement.

Ongoing review of risk measures (VaR, greeks, stress tests) and interaction with 1st line risk takers

Evaluate risk taking behavior and influence outcomes through portfolio and transaction level risk analysis taking into consideration risk appetite

Collaboration with Risk Engineering colleagues on the development of new risk measures / stress tests and improvements to existing measures

Proactive identification of emerging risks (e.g. basis risks, crowded trades)

Connect events (e.g. macroeconomic data releases, political elections) to potential vulnerabilities

One to five years of experience in market risk management or similar role with transferable skills

Strong academic record with Bachelor’s degree, equivalent or above in Finance, Mathematics or a related quantitative/analytical discipline preferred

Understanding of financial products including their risk/reward tradeoffs

Understanding of market risk measures, concepts, and regulatory rules: VaR, stress testing, greeks, Volcker rule, CCAR

Excel, Bloomberg, Refinitiv Eikon familiarity, and ability to pick up in-house systems

Able to analyze and challenge risk taking activities while engaging effectively with first line of defense

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'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. We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity