Goldman Sachs Bank AG
Risk Engineering, Vice President, Market Risk Strats, New York
Goldman Sachs Bank AG, New York, New York, us, 10261
Opportunity Overview sitemap_outline CORPORATE TITLE Vice President language OFFICE LOCATION(S) New York assignment JOB FUNCTION Quantitative Engineering account_balance DIVISION Risk Division monetization_on SALARY RANGE USD 130,000 - 250,000
Risk Engineering Risk Engineering, which is part of the Risk Division, is a central part of the Goldman Sachs risk management framework, with primary responsibility to provide robust metrics, data‑driven insights, and effective technologies for risk management. Risk Engineering is staffed globally with offices including Dallas, New Jersey, New York, Salt Lake City, London, Warsaw, Bengaluru, Singapore, and Tokyo. As a member of Risk Engineering, you will interface with a variety of divisions around the firm as well as the other regional offices. The interaction with numerous departments and the diverse projects that ensue allow for a challenging, varied and multi‑dimensional work environment.
Risk Engineering professionals are part of the value proposition of the firm and we balance our key functional responsibility of control with that of being commercial. RE has strong traditions of risk management, client service excellence and career development opportunities for our people.
The role is part of Market Risk Strats team.
Market Risk Strats use their engineering and scientific background to identify and measure risk and implement quantitative risk modelling solutions in software. Successful Strats are highly analytical, driven to own commercial outcomes, and communicate with precision and clarity to senior management in risk.
Role Summary This is a hands‑on role focussed on developing quantitative metrics across the Banking Book and Corporate Treasury portfolios. The role involves leading and working with a small team of quants to develop models and analytical frameworks that inform risk management.
The candidate will proactively identify and assess key market risks related to interest rates, and funding. They will design and implement quantitative models to measure and explain these risks ensuring results are intuitive, transparent and actionable.
This is a high visibility role requiring strong technical skills, sound market knowledge and ability to communicate complex outcomes in clear and concise manner.
Qualifications:
Bachelors’ or Master’s degree in Computer Science, Mathematics, Electrical Engineering or related technical discipline
Experience in quant or strat role ideally within Corporate Treasury, Asset Liability Management.
Strong understanding of Interest rate modelling, Asset Liability Management, Funding deployment strategies, balance‑sheet optimization
Experience in software development, including a clear understanding of data structures, algorithms and core programming concepts
Strong analytical and problem solving skills – demonstrated ability to work with business problems statements and apply quantitative skills to solve them
Strong communication skills including experience speaking to technical and business audiences and working globally
Salary Range The expected base salary for this New York, New York, United States-based position is $130000-$250000. 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 .
Healthcare & Medical Insurance
We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short‑term disability, long‑term disability, life, accidental death, labor accident and business travel accident insurance.
We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.
Financial Wellness & Retirement
We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.
Health Services
We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state‑of‑the‑art on‑site health centers in certain offices.
Fitness
To encourage employees to live a healthy and active lifestyle, some of our offices feature on‑site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre‑approved amount).
Child Care & Family Care
We offer on‑site child care centers that provide full‑time and emergency back‑up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.
Benefits at Goldman Sachs
Read more about the full suite of class‑leading benefits our firm has to offer.
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Risk Engineering Risk Engineering, which is part of the Risk Division, is a central part of the Goldman Sachs risk management framework, with primary responsibility to provide robust metrics, data‑driven insights, and effective technologies for risk management. Risk Engineering is staffed globally with offices including Dallas, New Jersey, New York, Salt Lake City, London, Warsaw, Bengaluru, Singapore, and Tokyo. As a member of Risk Engineering, you will interface with a variety of divisions around the firm as well as the other regional offices. The interaction with numerous departments and the diverse projects that ensue allow for a challenging, varied and multi‑dimensional work environment.
Risk Engineering professionals are part of the value proposition of the firm and we balance our key functional responsibility of control with that of being commercial. RE has strong traditions of risk management, client service excellence and career development opportunities for our people.
The role is part of Market Risk Strats team.
Market Risk Strats use their engineering and scientific background to identify and measure risk and implement quantitative risk modelling solutions in software. Successful Strats are highly analytical, driven to own commercial outcomes, and communicate with precision and clarity to senior management in risk.
Role Summary This is a hands‑on role focussed on developing quantitative metrics across the Banking Book and Corporate Treasury portfolios. The role involves leading and working with a small team of quants to develop models and analytical frameworks that inform risk management.
The candidate will proactively identify and assess key market risks related to interest rates, and funding. They will design and implement quantitative models to measure and explain these risks ensuring results are intuitive, transparent and actionable.
This is a high visibility role requiring strong technical skills, sound market knowledge and ability to communicate complex outcomes in clear and concise manner.
Qualifications:
Bachelors’ or Master’s degree in Computer Science, Mathematics, Electrical Engineering or related technical discipline
Experience in quant or strat role ideally within Corporate Treasury, Asset Liability Management.
Strong understanding of Interest rate modelling, Asset Liability Management, Funding deployment strategies, balance‑sheet optimization
Experience in software development, including a clear understanding of data structures, algorithms and core programming concepts
Strong analytical and problem solving skills – demonstrated ability to work with business problems statements and apply quantitative skills to solve them
Strong communication skills including experience speaking to technical and business audiences and working globally
Salary Range The expected base salary for this New York, New York, United States-based position is $130000-$250000. 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 .
Healthcare & Medical Insurance
We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short‑term disability, long‑term disability, life, accidental death, labor accident and business travel accident insurance.
We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.
Financial Wellness & Retirement
We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.
Health Services
We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state‑of‑the‑art on‑site health centers in certain offices.
Fitness
To encourage employees to live a healthy and active lifestyle, some of our offices feature on‑site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre‑approved amount).
Child Care & Family Care
We offer on‑site child care centers that provide full‑time and emergency back‑up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.
Benefits at Goldman Sachs
Read more about the full suite of class‑leading benefits our firm has to offer.
#J-18808-Ljbffr