Americas Equity Market Risk Lead — NY

Goldman Sachs; New York (NY); Hybrid; USD 180,000 - 270,000; Full time

Job summary

Goldman Sachs in New York seeks a Lead for Americas Equity Market Risk to head the second line of defense. The role oversees the US Equities franchise across Options, Exotics, Convertibles and One Delta, and leads a team of Market Risk Specialists in monitoring risk, implementing limits, and challenging risk-taking activity.

The candidate should bring ~10 years of market risk experience, with 4+ years in Equities, and deep knowledge of VaR, stress testing and derivatives risk.

Qualifications

• Approximately ten years’ experience in market risk management or similar role with transferable skills.
• At least four years covering Equities.
• Deep experience in risk managing non-linear/derivatives products.
• Strong academic record with Finance/Mathematics or related field preferred.
• Deep understanding of risk measures and regulatory rules: VaR, stress testing, greeks, Volcker rule, CCAR.

Responsibilities

• Evaluate risk taking behavior and influence outcomes through portfolio and transaction level risk analysis.
• Regular interaction with and challenge of senior Equities traders across a range of equity strategies and risk types, with focus on Equity Derivatives.
• Establishing limit setting and risk tolerance.
• Ongoing review of risk measures (VaR, greeks, stress tests) and interaction with 1st line risk takers.
• Collaboration with Risk Engineering on development of new risk measures and stress tests.
• Proactive identification of emerging risks (e.g. basis risks, crowded trades).
• Connect events to potential vulnerabilities and disseminate information to stakeholders.

Skills

Market risk management

Equities risk

Derivatives risk

Regulatory knowledge

Code supervision

Education

Bachelor’s degree in Finance/Mathematics or related field

Tools

Excel

Bloomberg

Refinitiv Eikon

Job description

Goldman Sachs in New York seeks a Lead for Americas Equity Market Risk to head the second line of defense. The role oversees the US Equities franchise across Options, Exotics, Convertibles and One Delta, and leads a team of Market Risk Specialists in monitoring risk, implementing limits, and challenging risk-taking activity.

The candidate should bring ~10 years of market risk experience, with 4+ years in Equities, and deep knowledge of VaR, stress testing and derivatives risk.