Risk Division- Dallas- Associate, Market Risk- 9431742
About The Position
Goldman Sachs & Co. LLC is seeking an Associate, Market Risk in Dallas, Texas. This role involves participating in the ongoing review of risk measures such as VaR, greeks, and stress tests, and interacting with risk takers. The position requires evaluating risk-taking behavior and influencing outcomes through portfolio and transaction-level risk analysis, while considering risk appetite. Collaboration with Risk Engineering colleagues on the development and improvement of risk measures and stress tests is expected. The role also includes proactively identifying emerging risks, proposing limit structures, and contributing to risk systems. Connecting events like macroeconomic data releases and political elections to potential vulnerabilities is a key aspect. Disseminating information and educating stakeholders through effective communication and collaboration is essential. The Associate will provide updates to senior management on projects and contribute to communications with regulators regarding inquiries.
Requirements
- Bachelor’s degree (U.S. or foreign equivalent) in Finance, Financial Risk Management, Mathematics or a related field.
- Two (2) years of experience in the job offered or in a related role.
- Two (2) years of experience analyzing global market risk regulatory framework, including Comprehensive Capital Analysis Review (“CCAR”), Basel III and Fundamental Review of the Trading Book (“FRTB”) regulations.
- Two (2) years of experience analyzing fixed income instruments and evaluating risk/reward trade offs.
- Two (2) years of experience applying market risk methodologies including VaR, expected shortfall, confidence levels, Monte Carlo simulations, back testing, RWAs, and probability distributions.
- Two (2) years of experience utilizing Excel, Bloomberg, or Refinitiv Eikon for financial analysis.
- Two (2) years of experience reviewing and challenging risk-taking activities at a broker-dealer.
Responsibilities
- Participate in the ongoing review of risk measures (VaR, greeks, stress tests).
- Interact with 1st line risk takers.
- Evaluate risk taking behavior and influence outcomes through portfolio and transaction level risk analysis considering risk appetite.
- Collaborate with Risk Engineering colleagues on the development of new risk measures / stress tests and improvements to existing measures.
- Proactively identify emerging risks (e.g. basis risks, crowded trades).
- Propose limits structures and add some risk systems once approved.
- Connect events (e.g. macroeconomic data releases, political elections) to potential vulnerabilities.
- Disseminate information and educate stakeholders through effective and timely communication and collaboration.
- Provide updates to senior management on in-progress projects.
- Contribute to communications to regulators related to regular and ad-hoc inquiries.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
