Global Banking & Markets, Public, PB Risk & Underwriting, Vice President - New York

Goldman Sachs Group, Inc.; New York (NY); On-site; USD 120,000 - 180,000; Full time

Job summary

An established industry player is seeking a Vice President to join their New York team in the Public Banking & Markets division. This dynamic role involves managing bespoke and complex transactions, leading risk underwriting, and collaborating with various teams to identify and execute tailored financial solutions. The successful candidate will leverage their extensive experience in capital markets and investment banking to develop innovative client solutions, ensuring robust risk management and compliance. With a focus on teamwork and problem-solving, this position offers a unique opportunity to work with a diverse global client base and contribute to the firm's strategic objectives.

Qualifications

• 7+ years of experience in capital markets or investment banking.
• Strong organizational and communication skills required.

Responsibilities

• Manage complex transaction execution and risk underwriting.
• Collaborate with sales and trading to identify potential transactions.
• Prepare marketing materials and present structures to stakeholders.

Skills

Capital Markets

Investment Banking

Credit Investing

Corporate Finance

Consulting

Interpersonal Skills

Communication Skills

Technical Skills

Quantitative Skills

Project Management

Education

Bachelor's Degree

Master's Degree

Job description

Global Banking & Markets, Public, PB Risk & Underwriting, Vice President - New York

New York, New York, United States

Job Description

Job Summary & Responsibilities

PB Risk and Underwriting is looking for a VP to join our NY team focused on bespoke solutions (PB+). PB Risk and Underwriting provides services including financing, securities lending, execution and clearing, custody and settlement, capital introduction, consulting services to hedge funds, institutional clients, market makers, brokers. The Risk team is responsible for end of day and intraday risk management of client portfolios. The Risk team maintains proprietary stress methodologies that govern the margin posted by clients or setting risk limits at overall Beneficiary level. Risk team also runs several risk control processes for timely identification and escalation of client portfolios flagging for specific risks and prepares regular updates for senior management. For centrally cleared products (listed and OTC), the Risk team also reviews exchange margin methodologies on a regular basis and regularly engages with Exchanges, regulatory bodies and industry associations in advocacy efforts to ensure exchange models are robust.

Our PB+ team leads the development of new client solutions and facilitates bespoke client transactions by leveraging our institutional capabilities, and making connections across various products, asset classes, and client segments. With reach across all prime brokerage’s business lines, we work directly with clients, sales and trading to structure and underwrite financing transactions and financial products to meet the needs of our clients.

In turn, members of our team develop a diverse book of business across multiple product lines, with broad exposure to the firm’s global client base. The team works on transactions globally, alongside colleagues in our major offices in the US, EMEA and Asia.

Responsibilities

• Work closely with members of the team across functions
• Collaborate with, and build strong partnerships, across sales, trading and our clients franchise to identify potential transactions
• Manage bespoke & complex transaction execution, including leading risk underwriting, trade negotiation and coordination
• Coordinate due diligence workstreams, including interactions across internal GS teams, external counsel, and other third parties, to ensure transaction approval and support
• Prepare marketing materials and present various structures to internal and external stakeholders
• Conduct ongoing monitoring of trades and control processes for timely identification and escalation post-execution
• Contribute to product development and improving scalability of bespoke offerings

Basic Qualifications

• 7+ years of relevant work experience in capital markets, investment banking, credit investing/underwriting, corporate finance or consulting
• Highly motivated, entrepreneurial, and team-oriented. Passion for solving large scale problems
• Strong combination of organizational and interpersonal / communication skills
• Strong technical and quantitative capabilities required
• Ability to multi-task across various projects and perform each at a high level
• Ability to lead long-term, complex projects
• Ability to work effectively with people and strong attention to detail

Job Info

• Job Identification 143544
• Job Category Vice President
• Posting Date 03/04/2025, 06:36 PM
• Locations New York, New York, United States