VP, Alternatives Risk & Portfolio Oversight

Goldman Sachs; Greater London; Hybrid; GBP 80,000 - 100,000; Full time

Benefits offered by this job

Medical advocacy service

On-site fitness centers

Child care services

Job summary

Goldman Sachs Group, Inc. is seeking an experienced Risk Manager in London, Greater London. The role involves managing financial and non-financial risk within Asset Management Alternatives through proactive risk management practices. Candidates should have strong analytical skills, a Bachelor's degree, and 7-8 years of relevant financial services experience.

The successful candidate will engage closely with portfolio management and investment teams, leading discussions on risk usage and emerging risks while mentoring junior staff. Join us to advance the risk management framework within a dynamic global firm.

Qualifications

• A minimum of 7-8 years of financial services experience related to risk management.
• Demonstrated experience in leading projects and influencing outcomes.
• Ability to work independently in a fast-paced environment.

Responsibilities

• Lead engagement with portfolio management and investment teams to monitor risks.
• Conduct deep-dive analysis on emerging risk areas and present findings.
• Support risk reporting including regulatory deliverables.

Skills

Quantitative analysis and modelling

Strong Excel skills

Analytical and problem-solving skills

Interpersonal and communication skills

Familiarity with risk methodologies

Education

Bachelor's Degree

Tools

Microsoft Suite (Excel, PowerPoint)

Job description

Job Description

Goldman Sachs Asset Management is one of the world’s leading asset managers with over $3 trillion in assets under supervision. As the primary investment area within Goldman Sachs, we provide investment and advisory services for pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors, and individuals.


TEAM & ROLE OVERVIEW

We invest in corporate equity and debt, real estate equity and debt, and infrastructure-related assets and companies. Asset & Wealth Management operates on a global platform and our team works in a fast-paced, exciting environment. Within Asset & Wealth Management, the Risk Management function is charged with enabling the division to responsibly execute on strategic initiatives at a regional and global level, managing financial and non-financial risk through implementation of a global risk management framework, and driving returns though various capital and workflow efficiency initiatives. In addition, the Risk Management function serves as an important point of contact for funds & legal entity boards as well as regulators.

The successful applicant will have an ability to understand various financial markets and products, and raise issues or concerns. He/she will have a high degree of integrity, strong attention to detail and be highly motivated and client-focused. Additionally, the successful applicant will be a team player, as the risk team is required to work closely with investment teams and other control functions across the firm.

As a risk manager within Asset Management Alternatives, you will be engaged in proactive management of financial and non-financial risk, through portfolio monitoring, market observations, and process oversight. The Risk team is an independent function within the business that develops and enforces the risk management framework.

RESPONSIBILITIES

• Lead engagement with portfolio management, investment teams, and second line risk teams to monitor risk usage and emerging risksserving as a senior point of contact for cross-functional risk discussions
• Lead deep-dive analysis on emerging risk areas and assess the potential impacts on various portfolios, presenting findings and recommendations to senior management and relevant committees
• Drive strategic partnerships with the business to understand and mitigate risk, and challenge / escalate to senior management where appropriate
• Monitor risk metrics against the thresholds and perform analytics where necessary; proactively identify opportunities to enhance risk monitoring and reporting processes
• Advance the risk management framework by contributing to risk transparency, developing and refining limits and thresholds, and working with engineering to enhance risk tooling and infrastructure
• Assess, escalate and support mitigation of risks of new products and businesses within the Alternatives business
• Support risk reporting including regulatory deliverables and committee and board reports
• Mentor and support junior staff, providing guidance on analytical approaches, risk methodologies, and professional development

EXPERIENCE & QUALIFICATIONS REQUIRED

• Bachelor's Degree
• Proven knowledge of quantitative analysis and modelling (strong Excel skills and a working knowledge of accounting frameworks is preferred)
• A minimum of 7-8 years of financial services experience related to risk management, portfolio management, trading, and/or asset management
• Demonstrated experience leading projects, initiatives, or workstreams, with the ability to influence and drive outcomes across teams
• Strong analytical and problem-solving skills
• Strong interpersonal and communication skills, oral as well as written, with the ability to present to and influence senior stakeholders
• Ability to work independently in a small team, exhibit initiative and be proactive
• Comfortable working in a fast-paced, high-energy environment
• Familiarity with risk methodologies such as stress testing, sensitivities, limits
• Savvy in Microsoft Suite of products, including Excel and PowerPoint

PROFESSIONAL ATTRIBUTES

• Strong conceptual and analytical thinker who can separate facts from assumptions, see the bigger picture and make connections, identify scenarios, and assess probabilities and impacts.
• Highly organized, disciplined, diligent, detail-oriented, and proactive. Excellent at planning, prioritizing, and managing time under tight deadlines.
• Strong interpersonal and communication skills (both oral and written) with a client-focused and relationship-oriented approach.
• Ability to work independently within a small team and thrive in a fast-paced, high-energy environment.

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

• Locations London, Greater London, England, United Kingdom

Healthcare & Medical Services

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

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

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).

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.

Benefits at Goldman Sachs

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