Market Risk Associate, Asset & Wealth Management

Goldman Sachs Group, Inc.; West Palm Beach (FL); On-site; USD 90,000 - 140,000; Full time

Job summary

Goldman Sachs Group, Inc. in West Palm Beach, FL is seeking an Associate in Market Risk within Asset & Wealth Management to support investment risk identification, measurement, and monitoring across hedge funds and Fund of Funds portfolios in XIG.

You will maintain and enhance risk analytics, conduct due diligence, and deliver risk reporting to portfolio managers and senior stakeholders. The role emphasizes quantitative skills, programming in Python/R, and experience with risk systems, with

Qualifications

• 2–4 years of experience in alternative investments, market risk management, or portfolio construction and analytics.
• Demonstrated interest in financial markets, portfolio construction, and risk management, with strong attention to detail.
• Strong quantitative and analytical skills; academic background in a quantitative discipline or finance preferred.
• Strong ability to leverage new technologies (including AI solutions) to creatively solve problems, increase productivity, and optimize workflows.
• Strong written and verbal communication skills, with the ability to present complex analyses clearly to senior stakeholders.
• Programming proficiency in Python, R, and/or Excel VBA preferred.
• Experience with risk systems and analytics platforms (e.g., GS Marquee/Plottool, MSCI RiskMetrics, Bloomberg PORT, Barra, Axioma) preferred.
• CFA or FRM (or progress toward certification) preferred.

Responsibilities

• Support the identification, measurement, and monitoring of investment risks across third-party hedge funds and Fund of Funds portfolios within the External Investing Group (XIG)
• Maintain and enhance portfolio construction frameworks, models, and analytics to inform capital allocation and portfolio optimization decisions
• Conduct risk-focused due diligence on third-party hedge funds, with emphasis on portfolio construction, risk management processes, and the fund’s role within broader portfolios
• Produce and maintain portfolio- and manager-level risk reporting, including exposure analysis, factor decomposition, and performance attribution
• Oversee and execute established risk and portfolio management processes, coordinating with internal stakeholders and external risk analytics providers
• Synthesize and communicate analytical insights and diligence findings through written reports, presentations, and direct interaction with portfolio managers, clients, and senior stakeholders

Skills

Alternative investments

Market risk management

Portfolio construction

Python/R

Excel VBA

Quantitative skills

Communication skills

AI solutions

Risk systems

CFA/FRM

Education

Quantitative degree (finance/math/engineering)

Tools

GS Marquee/Plottool

MSCI RiskMetrics

Bloomberg PORT

Barra

Axioma

Job description

Goldman Sachs Group, Inc. in West Palm Beach, FL is seeking an Associate in Market Risk within Asset & Wealth Management to support investment risk identification, measurement, and monitoring across hedge funds and Fund of Funds portfolios in XIG.

You will maintain and enhance risk analytics, conduct due diligence, and deliver risk reporting to portfolio managers and senior stakeholders. The role emphasizes quantitative skills, programming in Python/R, and experience with risk systems, with