Risk, Market Risk, Vice President, Dallas

Vice President : Market Risk

Location : Dallas

The Risk Division is responsible for independent review of market, credit, operational, model, and liquidity risk throughout the firm as well as enterprise-wide stress testing.

Market Risk is a Department within the Risk Division that facilitates effective deployment of risk appetite, prudent risk management, and regulatory compliance for the Firms market risks. The group acts as a key stakeholder in ensuring that the firms 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 firms market risk profile. This is achieved by using a suite of risk measures, proactive application of expert judgment, and limit setting. Activities are centered on risk management and analysis, transparency and escalation of risk, supervision, and overall process improvement.

KEY RESPONSIBILITIES

• Ongoing review of risk measures (VaR, greeks, stress tests) and interaction with 1st line risk takers
• Evaluate and challenge risk taking behavior and influence outcomes through portfolio and transaction level risk analysis taking into consideration risk appetite
• Collaboration with Risk Engineering colleagues on the development of new risk measures / stress tests and improvements to existing measures
• Proactive identification of emerging risks (e.g., basis risks, crowded trades)
• Risk appetite sizing, limit, and threshold setting
• Connect events (e.g., macroeconomic data releases, political elections) to potential vulnerabilities
• 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

ABOUT GOLDMAN SACHS

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