At a Glance
- Tasks: Lead risk management initiatives and collaborate with investment teams to monitor financial risks.
- Company: Goldman Sachs is a top global investment firm managing over $3 trillion in assets.
- Benefits: Enjoy diverse opportunities for growth, wellness programs, and a commitment to inclusion.
- Why this job: Join a fast-paced environment where your insights shape investment strategies and drive impact.
- Qualifications: Bachelor's degree and 7+ years in financial services with strong analytical skills required.
- Other info: Remote work options available; we value diversity and support candidates with special needs.
The predicted salary is between 72000 - 108000 £ per year.
OUR IMPACT Goldman Sachs Asset Management is one of the world’s leading asset managers with over $3 trillion in assets under supervision. As the primary investment area within Goldman Sachs, we provide investment and advisory services for pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors, and individuals.
YOUR IMPACT We invest in corporate equity and debt, real estate equity and debt, and infrastructure-related assets and companies. Asset & Wealth Management operates on a global platform and our team works in a fast-paced, exciting environment. Within Asset & Wealth Management, the Risk Management function is charged with enabling the division to responsibly execute on strategic initiatives at a regional and global level, managing financial and non-financial risk through implementation of a global risk management framework, and driving returns through various capital and workflow efficiency initiatives. In addition, the Risk Management function serves as an important point of contact for funds & legal entity boards as well as regulators.
The successful applicant will have an ability to understand various financial markets and products, and raise issues or concerns. He/she will have a high degree of integrity, strong attention to detail and be highly motivated and client-focused. Additionally, the successful applicant will be a team player, as the risk team is required to work closely with investment teams and other control functions across the firm.
As a risk manager within Asset Management Alternatives, you will be engaged in proactive management of financial and non-financial risk, through portfolio monitoring, market observations, and process oversight. The Risk team is an independent function within the business that develops and enforces the risk management framework. Ultimately, as a VP, you will be responsible for legal entity, regulatory, and fund board engagement, ensuring that stakeholders are fully informed of the risk landscape.
Position Description
- Collaborate across portfolio management, investment teams, and second line risk teams to monitor risk usage and emerging risks
- Develop risk oversight processes, policies, and procedures, and monitor, ensuring compliance
- Perform deep-dive analysis on emerging risk areas and assess the potential impacts on various portfolios
- Engage the business to understand risk, and challenge / escalate to senior management where appropriate
- Monitor risk metrics against the thresholds and perform analytics where necessary
- Contribute to risk transparency and work with engineering to enhance risk capture
- Assess and draw attention to the risks of new products and businesses within Alternatives
REQUIREMENTS
- Bachelor's Degree
- Proven knowledge of quantitative analysis and modeling (strong Excel skills and a working knowledge of US GAAP is preferred)
- 7+ years of financial services experience related to risk management, portfolio management, trading, and/or asset management (VP)
- Strong analytical and problem-solving skills
- Strong interpersonal and communication skills, oral as well as written
- Ability to work independently in a small team, exhibit initiative and be proactive
- Comfortable working in a fast-paced, high-energy environment
- Experience with managing large initiatives; ability to prioritize deliverables and communicate with stakeholders (VP)
- Familiarity with risk methodologies such as stress testing, sensitivities, limits
- Savvy in Microsoft Suite of products, including Excel and PowerPoint (experience with or knowledge of various systems used in GS are preferred)
Additional Preferred Qualifications
- Experience with alternatives
- Strong quantitative skills
- Post graduate degrees / industry certifications (i.e. CFA, FRM, etc.)
- Familiarity with portfolio valuations and investment funds
- Familiarity and experience dealing with various regulatory frameworks a plus
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. Learn more about our culture, benefits, and people at GS.com/careers.
We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html
The Goldman Sachs Group, Inc., 2025. All rights reserved. Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.
Asset & Wealth Management, AM Private Global Risk, Vice President, London employer: WeAreTechWomen
Contact Detail:
WeAreTechWomen Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Asset & Wealth Management, AM Private Global Risk, Vice President, London
✨Tip Number 1
Familiarise yourself with Goldman Sachs' risk management framework and recent initiatives in the asset management sector. This knowledge will help you engage in meaningful conversations during interviews and demonstrate your genuine interest in the role.
✨Tip Number 2
Network with current or former employees of Goldman Sachs, especially those in risk management or asset management roles. They can provide valuable insights into the company culture and expectations, which can be beneficial for your application.
✨Tip Number 3
Stay updated on current trends and challenges in financial markets, particularly those affecting risk management. Being able to discuss these topics intelligently will set you apart as a candidate who is proactive and well-informed.
✨Tip Number 4
Prepare to showcase your quantitative analysis skills through practical examples from your previous experience. Be ready to discuss specific projects where you successfully managed risks or improved processes, as this aligns closely with the job requirements.
We think you need these skills to ace Asset & Wealth Management, AM Private Global Risk, Vice President, London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in risk management, portfolio management, and financial services. Use specific examples that demonstrate your analytical skills and ability to work in a fast-paced environment.
Craft a Compelling Cover Letter: In your cover letter, express your motivation for applying to Goldman Sachs and how your background aligns with the role. Mention your understanding of financial markets and your experience with risk methodologies, as these are crucial for the position.
Highlight Quantitative Skills: Given the emphasis on quantitative analysis in the job description, ensure you detail your proficiency in Excel and any relevant modelling experience. If you have industry certifications like CFA or FRM, make sure to mention them.
Showcase Team Collaboration: Since the role requires working closely with various teams, include examples in your application that demonstrate your ability to collaborate effectively. Highlight any past experiences where you successfully engaged with stakeholders or led initiatives.
How to prepare for a job interview at WeAreTechWomen
✨Understand the Role and Responsibilities
Before the interview, make sure you thoroughly understand the role of a Vice President in Asset & Wealth Management, especially within the Risk Management function. Familiarise yourself with the key responsibilities such as risk oversight processes and portfolio monitoring, so you can discuss how your experience aligns with these tasks.
✨Showcase Your Analytical Skills
Given the emphasis on quantitative analysis and risk management, be prepared to discuss specific examples where you've successfully used analytical skills to solve problems or manage risks. Highlight your proficiency in Excel and any relevant modelling techniques that demonstrate your capability.
✨Demonstrate Team Collaboration
The role requires close collaboration with various teams. Be ready to share experiences where you've worked effectively in a team environment, particularly in high-pressure situations. Emphasise your ability to communicate clearly and work towards common goals.
✨Prepare for Regulatory Discussions
Since the position involves engagement with legal entities and regulators, brush up on your knowledge of regulatory frameworks relevant to asset management. Be prepared to discuss how you've navigated compliance issues in the past and your understanding of the importance of risk transparency.