Goldman Sachs Risk Market Associate 

United States, Texas, Dallas 

42256609

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.

KEY RESPONSIBILITIES

• 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)
• Coming up with limits structures and setting limits
• Connect events (e.g. macroeconomic data releases, political elections) to potential vulnerabilities
• Dissemination of information and education of stakeholders through effective and timely communication and collaboration
• Communication with senior management and regulators

QUALIFICATIONS

• Three to five years’ 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
• Deep understanding of fixed income or equity financial products including their risk/reward tradeoffs
• Deep understanding of market risk measures, concepts, and regulatory rules: VaR, stress testing, greeks, Volcker rule, CCAR
• Excel, Bloomberg, Refinitiv Eikon, ability to pick up in-house systems
• Ability to code desirable
• Proven problem solving ability and control mindset
• Able to analyze and challenge risk taking activities while engaging effectively with first line of defense
• Desire and ability to collaborate with people from different departments and levels of seniority