The Goldman Sachs Group, Inc

Asset & Wealth Management, Counterparty Risk, Vice President - New York

The Goldman Sachs Group, Inc$150K — $200K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7+ years of experience in risk management from asset management, hedge fund, or sell-side
  • Strong knowledge of Fixed Income and multi-asset risk management
  • Detailed understanding of product and risk metrics such as VaR and stress testing
  • Proven track record of execution and delivery
  • Excellent team management and interpersonal skills
  • Strong communication skills to influence senior stakeholders
  • Inquisitive mindset with a focus on understanding complex risks
  • Strong system capability, including Excel and PowerPoint; coding experience a plus

Responsibilities

  • Provide oversight for market and liquidity risks and risk governance processes
  • Review risk model outputs for external regulatory reporting
  • Interact directly with senior management for risk governance oversight
  • Engage with portfolio managers and traders on risk governance topics
  • Lead initiatives to implement new risk tooling and analytics
  • Engage with clients on risk management culture and frameworks

Benefits

  • Valuable and competitive benefits offerings
  • Wellness offerings as part of employee experience
  • Available to full-time and part-time employees working at least 20 hours per week
Full Job Description
Job Description

YOUR IMPACT

As a Vice President leading Counterparty Risk within Global Risk Management at Goldman Sachs Asset Management, you will lead a critical risk function supporting informed risk-taking across financing, derivatives and trading activities. You will assess and evaluate counterparty exposures, trading agreements, and influence risk appetite through independent, data-driven insights.

Working closely with portfolio managers, trading, legal and senior stakeholders, you will strengthen counterparty risk frameworks, enhance transparency on exposures, and improve stress testing and reporting to identify concentrations, assess counterparty resilience and inform decision-making.

HOW YOU WILL FULFILL YOUR POTENTIAL:

As a Vice President leading Counterparty Risk within Global Risk Management at Goldman Sachs Asset Management, you will lead a small global team and partner closely with trading, derivatives legal, credit risk, liquidity operations and divisional risk leadership. You will be responsible for:
  • Leading, coaching and developing your team; setting priorities, ensuring high-quality delivery and fostering a culture of curiosity and constructive challenge
  • Owning counterparty risk coverage across trading relationships, providing independent perspectives that influence risk appetite and transaction-level decisions
  • Oversee exposure monitoring, limit frameworks and stress testing to identify concentrations, assess counterparty resilience and escalate emerging risks
  • Deliver clear, actionable reporting to senior stakeholders on counterparty exposures, trends and key risk themes
  • Drive enhancements to counterparty risk frameworks, analytics and tooling in partnership with Engineering and Technology teams


SKILLS & EXPERIENCE WE'RE LOOKING FOR:

Qualifications and experience
  • 7+ years of relevant experience counterparty and/or credit risk management, ideally buy-side, covering derivatives, financing and trading activities
  • Deep understanding of counterparty risk, including exposure measurement, collateral dynamics, concentration risk and stress scenarios across trading relationships
  • Demonstrated ability to partner with senior stakeholders (PMs, Trading, Legal and Risk) and influence decisions through independent, well-reasoned risk perspectives
  • Experience overseeing risk frameworks and governance, including limit structures, stress testing and escalation of material risks
  • Track record of delivering clear, actionable reporting to senior management and engaging effectively in governance forums
  • Strong relationship skills, with experience managing and developing a team, and driving high-quality execution
  • Strong quantitative and analytical skills, ideally with hands-on experience developing risk analytics and some familiarity with programming and BI tools (e.g., Python, Tableau/Power BI)
  • Highly organised, intellectually curious and proactive, with excellent verbal and written communication

About The Goldman Sachs Group, Inc

The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services, as well as financial services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. Its Investment Banking segment offers financial advisory services, including advisory assignments concerning mergers and acquisitions, divestitures, corporate defense, risk management, and restructurings and spin-offs; and underwriting services comprising public offerings and private placements of a range of securities, loans, and other financial instruments, and derivative transactions. The company’s Institutional Client Services segment provides client execution services, such as fixed income, currency, and commodities client execution related to making markets in interest rate products, credit products, mortgages, currencies, and commodities; and equities related to making markets in equity products, as well as executes and clears institutional client transactions on stock, options, and futures exchanges. This segment also engages in the securities services business providing financing, securities lending, and other brokerage services to institutional clients, including hedge funds, mutual funds, pension funds, and foundations. Its Investing and Lending segment originates longer-term loans; and invests in debt securities, loans, public and private equity securities, real estate, consolidated investment entities, distressed assets, currencies, commodities, and power generation facilities. The company’s investment management segment provides investment products and services, as well as offers wealth advisory services, including portfolio management and financial counseling, and brokerage and other transaction services.

The Goldman Sachs Group, Inc. Careers

Join the prestigious team at The Goldman Sachs Group, Inc., a global leader in finance and investments, and propel your career to new heights. Our firm is renowned for its commitment to excellence, innovation, and leadership in the financial sector.

Work You’ll Do

At Goldman Sachs, you will be part of a dynamic environment that fosters growth, diversity, and professional development. Engage in transformative projects that redefine the landscape of global finance, driven by a culture of high performance and continuous improvement.

Lead with Innovation and Leadership

Step into a role where your skills will be honed and your leadership capabilities enhanced. The Goldman Sachs Group, Inc. is at the forefront of merging financial expertise with technological innovation, creating a platform for you to lead impactful initiatives.

Join Our Diverse and Inclusive Team

Diversity and inclusion are at the core of our company culture. With employees from various backgrounds, Goldman Sachs thrives on the rich ideas and perspectives that this diversity brings. Here, every team member’s contribution is valued, and every voice is heard.

Explore Job Opportunities and Internships

Whether you’re seeking full-time employment or looking into internship opportunities, Goldman Sachs offers a range of positions that cater to different skills, experiences, and career aspirations. From analyst to executive positions, discover how you can contribute to our legacy of success.

Networking and Professional Growth

Goldman Sachs is not just a workplace. It is a community where you can build lasting relationships with colleagues and industry leaders. Our networking events, mentorship programs, and professional groups foster connections that can accelerate your career trajectory.

Benefits and Career Development

Invest in your future with Goldman Sachs’ unparalleled employee benefits and career development programs. From comprehensive health benefits to personalized career coaching and leadership training, we ensure that our team is equipped for success, both professionally and personally.

Prepare for Your Future

Ready to take the next step? Prepare your resume, sharpen your interview skills, and explore the vast array of job opportunities at The Goldman Sachs Group, Inc. Our hiring process is designed to identify and nurture talent, helping you to achieve your career goals.

Stay Connected

Keep up to date with the latest from Goldman Sachs Careers by subscribing to our job alert emails. Tailor your preferences to receive updates that match your career interests and stay ahead in the competitive financial sector.

Join The Goldman Sachs Group, Inc.

Embark on a rewarding journey with The Goldman Sachs Group, Inc. where your potential is limitless. Explore positions, read about our company culture, and apply today to become part of a team that values growth, leadership, and innovation.

SEARCH GOLDMAN SACHS JOBS

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At The Goldman Sachs Group, Inc., your career is just the beginning – it’s an opportunity to excel and lead in the global financial industry. Join us and make your mark!
Learn more about The Goldman Sachs Group, Inc
Size
45,100 employees
Market Cap
$115.8 billion
Industry
Net Income
$9.4 billion
Founded
1869
5 Year Trend
+11.3%
Revenue
$53.4 billion
NASDAQ

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