Risk - Market Risk Specialists - Associate - London
Goldman Sachs International
October 11, 2018
London, United Kingdom
MORE ABOUT THIS JOB Application Opening Date: 05 October 2018 Application Closing Date: 01 November 2018 Location: London Salary: Competitive YOUR IMPACT
Are you a high performing risk professional looking for an opportunity to join a world class financial institution? We are looking for a professional to join the Market Risk Specialists group to help provide independent reporting and quantitative analysis of market risk of the firm's trading portfolios. OUR IMPACT
The Risk division is responsible for credit, market and operational risk, model risk, independent liquidity risk, and insurance throughout the firm.
Market Risk Specialists is part of the risk management department and helps manage the firm's market risk and capital. Joining the team will give you the opportunity to focus on Investing and Lending activities, a significant and growing area for the firm covering a range of products and businesses. You will work closely with colleagues around the globe on tasks and projects that contribute directly to the firm's success. This role is ideal for collaborative individuals who enjoy being challenged, have strong ethics and attention to detail.
RESPONSIBILITIES AND QUALIFICATIONS HOW YOU WILL FULFIL YOUR POTENTIAL
- Review and analyse market risks of Investing and Lending portfolios and individual trades to verify information. - Analyse and compare profit and loss attribution and back-testing results to monitor and quantify and assess validity of Value at Risk measures. - Direct implementation of new risk measures / stress tests and improvements to existing measures using knowledge of risk management. - Communicate directly with senior management on risk related issues. Engage traders and desk heads on market risk matters including P&L drivers, and changes in risk profile. - Monitor adherence to established risk limits and ensure material risks effectively communicated to Firm's senior management.
SKILLS AND EXPERIENCES WE ARE LOOKING FOR
- Strong academic record with Bachelor's degree, equivalent or above in Finance, Economics or a related quantitative/analytical discipline required - Prior investment banking/financial services industry experience required - Experience in a market risk team, trading role, or a similar risk and product focused role such as product control required - Strong technical understanding of Loans and Mortgage / Securitised Products required - Risk management experience including familiarity with stress limits etc. required - Experience of conducting market research and identifying/monitoring trends within various sectors/products - Experience with transaction, securitisation and portfolio analysis required - Demonstrable involvement with process improvement initiatives required - Experience with financial/mathematical modelling, P&L, bond metric validation and VaR required - Familiarity with structured products, options, swaps, FX and pricing, hedging required - Proficiency with Excel including VBA and knowledge of Bloomberg/Reuters required - Proven problem solving ability and control mentality - Ability to collaborate with people from different departments and levels of seniority - Ability to communicate complex information directly with senior management both verbally and in writing - Self-motivated team player
ABOUT GOLDMAN SACHS The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.