GBM Public, Risk Governance, Analyst, London London United Kingdom Vice President

GBM Public, Risk Governance, Analyst, London

Location: London, Greater London, England, United Kingdom

Opportunity Overview

Corporate Title: Vice President

Office Location(s): London

Job Function: Risk Governance

Division: Global Banking & Markets

Global Banking & Markets - Public

Our core value is building strong relationships with our institutional clients, which include corporations, financial service providers, and fund managers. We help them buy and sell financial products on exchanges around the world, raise funding, and manage risk. This is a dynamic, entrepreneurial team with a passion for the markets, with individuals who thrive in fast-paced, changing environments and are energized by a bustling trading floor.

COUNTERPARTY RISK

Counterparty Risk serves as a centralized first Line of Defense to manage the division's risk to its clients arising from our trading relationships. We mitigate risk, design, advise on and launch a breadth of initiatives across 3 key verticals: Franchise Stressed Counterparty Risk, Agreement Risk, Macro Market Structure Risk.

The role will focus on efforts to expand our capabilities to manage counterparty credit risk in ordinary day-to-day as well as stressed counterparty scenarios utilizing best-in-class tooling to identify, evaluate, and manage risk scenarios. The successful candidate will be able to engage in strategic initiatives across multiple stakeholder groups while focusing on managing day-to-day risk.

Responsibilities & Qualifications

• Manage counterparty and product risk, including credit and settlement risk monitoring, limit exception management, risk exposure analysis.
• Daily review of client exposures, risk profile, and collateral balances.
• Engage in document negotiation to review and approve material economically impactful terms in trading agreements.
• Design strategy to respond to macro market changes and work closely with cross-divisional project teams to implement initiatives.
• Analyze, monitor, and report the Division's credit exposures across swaps, options, forwards, and repurchase agreements.
• Flag exposures that exceed the firm's appetite to its counterparties to senior managers and other colleagues.
• Identify and appropriately escalate issues related to data and work accuracy and quality.
• Take initiative to identify opportunities for process improvements and develop methods to reduce risks, increase controls, and increase communication.
• Engage with internal stakeholders both within Global Markets (Trading, Sales, and operations) and the federation (Risk, Legal, and Compliance) on overall GS Risk appetite to clients and tools to mitigate the risk.

Experience / Skills we are looking for:

• Experience in Risk Management or a Risk-taking role in a financial institution.
• Derivative operations, credit analysis, ratings analysis, corporate finance, and/or research desired.
• Relevant bachelor's degree or equivalent qualification with an excellent academic record.
• Strong interest and familiarity with finance, global financial markets, and economic developments.
• Strong analytical and quantitative skills as well as written and verbal communication skills.
• Ability to work flexibly in teams and manage a varied workload to meet deadlines.
• Highly motivated with strong academic background and a commitment to excellence.
• Strong organizational skills and the ability to manage multiple assignments concurrently.

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.