Risk, Market Risk (Equity Derivatives), Vice President, New York

Market Risk VP

We are looking for a professional to join the second line of defense Market Risk group as a Market Risk VP in New York covering Americas Equity Derivatives (Exotics, Flow, Strategic/Corporate).

Market Risk is a department within the Risk Division that facilitates effective deployment of risk appetite, prudent risk management, and regulatory compliance for the Firm's market risks. The group acts as a key stakeholder in ensuring that the firm's business plans are within its market risk appetite and engages directly with businesses on the review and challenge of risk management actions. The group also plays a key role in keeping the Board of Directors apprised of the firm's market risk profile. This is achieved by using a suite of risk measures, proactive application of expert judgement, and limit setting. Activities are centered on risk management and analysis, transparency and escalation of risk, supervision, and overall process improvement.

Key Responsibilities

• Evaluate and challenge risk taking behavior and influence outcomes through portfolio and transaction level risk analysis taking into consideration risk appetite, risk concentration, and tail risks.
• Proactive identification of emerging risks (e.g., portfolio concentrations, unhedged risks, illiquidity pockets)
• Connect events (e.g., macroeconomic data releases, political elections) to potential portfolio vulnerabilities
• Ongoing review of risk measures (greeks, stress tests, VaR) and interaction with 1st line risk takers, including in assessing risk:reward and optimizing risk deployment.
• Collaboration with Risk Engineering colleagues on the development of new risk measures / stress tests and improvements to existing measures
• Risk appetite sizing, limit and threshold setting
• Dissemination of information and education of stakeholders through effective and timely communication and collaboration
• Communication with senior management and regulators
• Work collaboratively across functions to deliver on regulatory obligations

Qualifications

• Deep understanding of risk managing non-linear products/derivatives, with preference for equity exotic and flow products.
• 5-8 years of experience of hands-on market risk management experience i.e. in market risk or trading role, with track record of high-impact risk actions and outcomes
• Strong academic record with Bachelor's degree, equivalent or above in Engineering, Mathematics or a related quantitative/analytical discipline preferred
• Highly tech literate, with ability to pick up in-house systems and code.
• Proven problem-solving ability and control mindset
• Able to analyze and challenge risk taking activities while engaging effectively with first line of defense
• Proficiency in communicating complex information and concepts in layperson terms directly with senior management and other relevant stakeholders (both written and verbal)
• Understanding of market risk measures, concepts, and regulatory rules: VaR, stress testing, greeks, Volcker rule, CCAR

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.

Job Info

• Job Identification 165512
• Job Category Vice President
• Posting Date 05/12/2026, 09:04 PM
• Locations New York, NY, United States