About Goldman Sachs

Goldman Sachs is a leading global investment banking, securities, and investment management firm providing financial services to corporations, financial institutions, governments, and individuals.

Goldman Sachs currently has 187 open roles on FindRole.

Listed pay typically runs $130,000–$250,000 across 60 roles with salary data.

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At a glance

TL;DR · Associate, Risk Governance

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The Associate role in Risk Governance within the External Investing Group (XIG) at Goldman Sachs in New York involves identifying and managing investment risks for third-party managers and Fund of Funds portfolios across public markets. Day-to-day responsibilities include creating customized risk reports, developing new tools to track performance and exposure, refining risk frameworks with internal stakeholders and vendors, and ensuring compliance with regulatory guidelines. The position requires expertise in financial market structures, portfolio risk assessment using VAR, scenario analysis, and historical simulation, as well as proficiency in Python for asset allocation models and Excel for VBA programming and real-time analysis. Candidates should have a background in Finance, Mathematics, or related fields and experience in quantitative analysis, performance metrics calculation, and communicating complex insights to stakeholders.

Skills

Python Bloomberg PORT Excel VBA VAR Scenario Analysis Historical Simulation Performance Attribution Risk Metrics Value-at-Risk Trading Error Beta Exposures Drawdown Analysis Portfolio Risk Management Market Risk Liquidity Risk Credit Risk Factor Exposure Risk Frameworks Optimization Linear Algebra Statistics

What you'll do

Identify and measure investment risk for third-party managers in the External Investing Group.
Develop customized risk reports and new tools to track portfolio performance and exposure.
Refine and update risk frameworks, models, and analytics with internal stakeholders and vendors.
Ensure adherence to agreed-upon risk management processes through regular stakeholder interaction.
Monitor compliance and regulatory guidelines for investment portfolios across public markets.
Analyze portfolio composition, performance attribution, and alignment with objectives using tools like Bloomberg PORT.

What we're looking for

2+ years of experience in identifying and managing various types of portfolio risk.
Proficient in using tools like Bloomberg PORT for performance attribution and risk analysis.
Experience with Python for developing asset allocation models and automating reporting.
Strong background in financial markets, including market structure and trading mechanics.
Expertise in statistics, optimization, linear algebra applied to investment strategies and risk evaluation.
Ability to communicate complex quantitative concepts effectively to both technical and non-technical audiences.