Asset & Wealth Management, Public, XIG- Long Only Risk, Vice President, New York

Goldman Sachs • New York, NY

404d • $125,000 - $290,000

About The Position

The Vice President position in the Asset & Wealth Management division at Goldman Sachs focuses on portfolio construction and risk management within the External Investing Group (XIG). This role involves identifying, measuring, and managing investment risks associated with third-party investment managers and Fund of Funds portfolios across public markets. The position requires collaboration with various stakeholders to develop risk frameworks and analytics, ensuring compliance with investment guidelines and regulatory requirements.

Requirements

• Experience in large asset managers' risk management function strongly preferred.
• Over 5 years of relevant industry experience in market risk management or quantitative risk modeling and analytics.
• Strong interest in financial markets, risk, and investment management with great attention to detail.
• Excellent quantitative and analytical skills; strong academic background in a quantitative discipline or finance preferred.
• Programming skills in Python, R, or Excel VBA preferred.
• Strong communication, presentation, and interpersonal skills.
• Experience with systems like Axioma/Barra factor model, GS Marquee/Plottool, MSCI RiskMetrics, Bloomberg preferred.
• CFA or FRM, or progress towards those certifications preferred.

Nice To Haves

• CFA or FRM certification or progress towards those certifications.

Responsibilities

• Assist in identifying, measuring, and managing investment risk of third-party investment managers and Fund of Funds portfolio level risks across public markets.
• Create customized risk reports for portfolios and develop new tools to track and analyze risk exposure and performance.
• Work closely with risk analytics vendors and internal stakeholders to refine and develop risk frameworks and models.
• Ensure effective execution of risk management processes through regular interaction with stakeholders.
• Support investment and regulatory guideline monitoring, compliance, and reporting across XIG public markets.
• Respond to ongoing and ad-hoc risk-related requests from various business areas within XIG and Goldman Sachs Asset Management.
• Participate in manager calls/visits for risk monitoring and investment due diligence purposes.
• Communicate analytical results and observations to internal teams, clients, and stakeholders through memos and presentations.

Benefits

• Competitive salary range of $125,000 - $290,000.
• Eligibility for a discretionary bonus based on fiscal year-end performance.
• Comprehensive benefits and wellness offerings for full-time and part-time employees working at least 20 hours per week.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
• Education Level: No Education Listed
• Number of Employees: 251-500 employees