Risk Engineering, Associates / Vice President, Market Risk Strats, London

Goldman Sachs Bank AG; City Of London; On-site; GBP 100,000 - 125,000; Full time

Job summary

A leading global investment bank is seeking a Risk Engineer to join its Market Risk Strats team in London. The successful candidate will develop quantitative metrics for the Banking Book and Corporate Treasury, lead a team of quants, and assess market risks associated with interest rates. This high-visibility role requires strong technical skills, analytical problem-solving, and the ability to communicate complex results effectively. Competitive benefits packages are offered, ensuring professional growth and development.

Benefits

Healthcare & Medical Insurance

Generous vacation policy

Child Care & Family Care

Qualifications

• Experience in quant or strat role ideally within Corporate Treasury or Asset Liability Management.
• Strong analytical skills to solve business problems with quantitative methods.
• Ability to work with data structures, algorithms and core programming concepts.

Responsibilities

• Develop quantitative metrics across Banking Book and Corporate Treasury portfolios.
• Lead a small team of quants to develop models for risk management.
• Identify and assess key market risks related to interest rates and funding.

Skills

Quantitative analysis

Risk management

Interest rate modelling

Problem solving

Communication skills

Education

Bachelors’ or Master’s degree in Computer Science or related field

Tools

Software development

Job description

RISK ENGINEERING

Risk Engineering, which is part of the Risk Division, is a central part of the Goldman Sachs risk management framework, with primary responsibility to provide robust metrics, data-driven insights, and effective technologies for risk management. Risk Engineering is staffed globally with offices including Dallas, New Jersey, New York, Salt Lake City, London, Warsaw, Bengaluru, Singapore, and Tokyo. As a member of Risk Engineering, you will interface with a variety of divisions around the firm as well as the other regional offices. The interaction with numerous departments and the diverse projects that ensue allow for a challenging, varied and multi-dimensional work environment.

Risk Engineering professionals are part of the value proposition of the firm and we balance our key functional responsibility of control with that of being commercial. RE has strong traditions of risk management, client service excellence and career development opportunities for our people.

The role is part of Market Risk Strats team.

Market Risk Strats use their engineering and scientific background to identify and measure risk and implement quantitative risk modelling solutions in software. Successful Strats are highly analytical, driven to own commercial outcomes, and communicate with precision and clarity to senior management in risk.

ROLE SUMMARY

This is a hands‑on role focused on developing quantitative metrics across the Banking Book and Corporate Treasury portfolios. The role involves leading and working with a small team of quants to develop models and analytical frameworks that inform risk management.

The candidate will proactively identify and assess key market risks related to interest rates, and funding. They will design and implement quantitative models to measure and explain these risks ensuring results are intuitive, transparent and actionable.

This is a high visibility role requiring strong technical skills, sound market knowledge and ability to communicate complex outcomes in clear and concise manner.

QUALIFICATIONS

• Bachelors’ or Master’s degree in Computer Science, Mathematics, Electrical Engineering or related technical discipline
• Experience in quant or strat role ideally within Corporate Treasury, Asset Liability Management.
• Strong understanding of Interest rate modelling, Asset Liability Management, Funding deployment strategies, balance‑sheet optimization
• Experience in software development, including a clear understanding of data structures, algorithms and core programming concepts
• Strong analytical and problem solving skills – demonstrated ability to work with business problems statements and apply quantitative skills to solve them
• Strong communication skills including experience speaking to technical and business audiences and working globally

ABOUT GOLDMAN SACHS

At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.

We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.

We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html

Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.

Benefits at Goldman Sachs

Healthcare & Medical Insurance

We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short‑term disability, long‑term disability, life, accidental death, labor accident and business travel accident insurance.

We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.

Financial Wellness & Retirement

We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.

Health Services

We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state‑of‑the‑art on‑site health centers in certain offices.

Fitness

To encourage employees to live a healthy and active lifestyle, some of our offices feature on‑site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre‑approved amount).

Child Care & Family Care

We offer on‑site child care centers that provide full‑time and emergency back‑up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.

Read more about the full suite of class‑leading benefits our firm has to offer.