RESPONSIBILITIES AND QUALIFICATIONS
JOB SUMMARY & RESPONSIBILITIES
Members of the Prime Services Futures and Clearing Risk team assess, monitor and manage the market risk of multi-asset portfolios in the listed markets on both an intraday and overnight risk basis. Our client base includes large institutional fund managers, hedge funds, CTAs, market makers and broker dealers. We are staffed globally with offices in New York, Chicago, London, Hong Kong and Bengaluru. The team partners with multiple divisions under the Prime Services umbrella including: Sales, Client Service, Credit, Compliance, Legal, Operations and Technology to deliver a best in class risk management platform that enables the business to compete and thrive in a sustainable way. The interaction with numerous departments, clients and the diverse projects that ensue allow for a challenging, multi-dimensional and rewarding work environment.
Currently we are seeking an Associate level candidate to join the Futures and Clearing Risk team in the New York office. A successful candidate would be expected to:
- Perform risk analysis and deep dives into global multi-asset portfolios to assess market and liquidity risks
- Master risk based margin methodologies and process
- Master the intraday risk management platform and process
- Work with key stakeholders to enhance existing risk management platforms and margin offering
- Validate and support daily risk management reports and margin calls
- Engage in innovative research tasks for the team and senior management
- Explain margin methodologies and the risk management process on sales calls with prospective and existing clients
- Engage with CCPs and advocate for improvements to margin methodologies and
- Work closely and effectively with Technology, Strats, Operations, Credit and Sales teams on implementation and deployment of enhancements to margin methodology, process and policy
- Supervise desk analysts and associates and help with training and knowledge transfer
Required Skills and Qualifications
- Strong quantitative and analytical skills required. An advanced degree in a quantitative discipline preferred.
- Listed derivatives knowledge required. Experience with the commodities markets preferred. Previous trading or risk management experience a plus.
- Knowledge of CCPs and their margin methodologies.
- Demonstrated interest and knowledge of markets and ability to assess impact of macro trends on client portfolios.
- Strong writing, presentation and communication skills.
- Ability to handle multiple projects and deliverables concurrently.
- Functional knowledge of at least one programming language and SQL is beneficial.
Salary Range
The expected base salary for this New York, NY, United States-based position is $150000-$300000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.
Benefits
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.
Skills Required
- Strong quantitative and analytical skills
- Advanced degree in a quantitative discipline
- Listed derivatives knowledge
- Experience with commodities markets
- Previous trading or risk management experience
- Knowledge of CCPs and their margin methodologies
- Demonstrated knowledge of markets and ability to assess macro impact on portfolios
- Strong writing, presentation and communication skills
- Ability to handle multiple projects and deliverables concurrently
- Functional knowledge of at least one programming language
- Functional knowledge of SQL
Goldman Sachs Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Goldman Sachs and has not been reviewed or approved by Goldman Sachs.
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Healthcare Strength — Coverage includes medical, dental, vision, disability, life and accident insurance, with multiple plan options and most premiums subsidized; coverage often starts on day one. Wellness resources, on-site health centers in some locations, and EAP access reinforce the depth of health support.
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Parental & Family Support — Family care includes on-site childcare in some offices, expectant parent resources, and transitional programs for returning parents. Feedback suggests parental leave is very generous, with reports of around 20 weeks paid leave and stipends for adoption, surrogacy, and fertility-related services.
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Retirement Support — The firm provides a 401(k) plan with employer matching contributions and broad financial education to help employees plan for retirement. Resources also support saving for education and preparing for unexpected events.
Goldman Sachs Insights
What We Do
At Goldman Sachs, we believe progress is everyone’s business. That’s why we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, Goldman Sachs is a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices in all major financial centers around the world. More about our company can be found at www.goldmansachs.com
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