Securities, Prime Services Futures and Clearing Risk, Associate/VP, New York

  • Competitive
  • New York, NY, USA
  • Permanent, Full time
  • Goldman Sachs USA
  • 16 Oct 18

Securities, Prime Services Futures and Clearing Risk, Associate/VP, New York

MORE ABOUT THIS JOB SECURITIES
Our core value is building strong relationships with our institutional clients, which include corporations, financial service providers, and fund managers. We help them buy and sell financial products on exchanges around the world, raise funding, and manage risk. This is a dynamic, entrepreneurial team with a passion for the markets, with individuals who thrive in fast-paced, changing environments and are energized by a bustling trading floor.

RESPONSIBILITIES AND QUALIFICATIONS JOB SUMMARY & RESPONSIBILITIES
Members of the Prime Services Futures and Clearing Risk team assess, monitor and manage the market risk of multi-asset portfolios in the listed markets on both an intraday and overnight risk basis. Our client base includes large institutional fund managers, hedge funds, CTAs, market makers and broker dealers. We are staffed globally with offices in New York, Chicago, London, Hong Kong and Bengaluru. The team partners with multiple divisions under the Prime Services umbrella including: Sales, Client Service, Credit, Compliance, Legal, Operations and Technology to deliver a best in class risk management platform that enables the business to compete and thrive in a sustainable way. The interaction with numerous departments, clients and the diverse projects that ensue allow for a challenging, multi-dimensional and rewarding work environment.
Currently we are seeking an Associate/VP level candidate to join the Futures and Clearing Risk team in the New York office. A successful candidate would be expected to:

  • perform risk analysis and deep dives into global multi-asset portfolios to assess market and liquidity risks
  • master risk based margin methodologies and process
  • master the intraday risk management platform and process
  • work with key stakeholders to enhance existing risk management platforms and margin offering
  • validate and support daily risk management reports and margin calls
  • engage in innovative research tasks for the team and senior management
  • explain margin methodologies and the risk management process on sales calls with prospective and existing clients
  • engage with CCPs and advocate for improvements to margin methodologies and
  • work closely and effectively with Technology, Strats, Operations, Credit and Sales teams on implementation and deployment of enhancements to margin methodology, process and policy
  • supervise desk analysts and associates and help with training and knowledge transfer
Required Skills and Qualifications
  • 3+ years of relevant experience
  • Strong quantitative and analytical skills required. An advanced degree in a quantitative discipline preferred.
  • Listed derivatives knowledge required. Experience with the commodities markets preferred. Previous trading or risk management experience a plus.
  • Knowledge of CCPs and their margin methodologies.
  • Demonstrated interest and knowledge of markets and ability to assess impact of macro trends on client portfolios.
  • Strong writing, presentation and communication skills.
  • Ability to handle multiple projects and deliverables concurrently.
  • Functional knowledge of at least one programming language and SQL is beneficial.
  • Commodities market risk experience preferred.


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.

© The Goldman Sachs Group, Inc., 2018. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.