Jobs NYC

Job Duties: Associate, Internal Product Specialists with Goldman Sachs Bank USA in New York, New York. Daily risk monitoring and management of current loan book including maintenance call reporting, stakeholder follow-up and escalation, collateral override requests, identification of issues, and seeing those through to resolution. Perform quantitative and qualitative analysis on loan book exposure, pledged, and potentially pledged collateral, including but not limited to worst case loss analysis, linear optimization modeling, and performance analysis to make recommendations to limit risk exposure. Propose and manage risk reporting automation, and product strategy to business leadership and act as a central point of contact for requirement gathering, inquiries, issue resolutions and escalations from the Engineering and Product teams. Engage in qualitative and quantitative research that drives new business growth, including back testing historical performance and risk profiles. Conduct detailed research, risk underwriting, and due diligence on proposed program product enhancements, including but not limited to cost-benefit analysis, competitive analysis, vendor proposals, profit and loss projections, project timeline proposals, and margin requirement recommendations. Coordinate with Sales, Engineering, Product, Operations, Legal, Compliance, Risk, and other business stakeholders to implement new product strategies with the purpose of growing lending and deposit product capabilities. Communicate with internal Sales, Client Service, and Product teams on risk considerations of existing program and portfolios, margin calculations, and changes in historical trends. Work across clients, business sponsors and other stakeholders to obtain feedback on product vision and strategy to ensure it is valued and outcome focused and align on business priorities and objectives.

Job Requirements: Bachelor's degree (U.S. or foreign equivalent) in Financial Engineering, Finance, Economic Science, or a related quantitative or computational field, such as Industrial Engineering and three (3) years of experience in the job offered or in a related role involving risk assessment in financial markets. Prior experience must include two (2) years of experience with: synthesizing and analyzing data sets with 100+ data points each across tens of thousands of accounts utilizing foundational mathematical concepts, including continuity, differentiability, differential equations, integration, linear algebra, discrete and continuous probabilities, and linear regression; analyzing financial statements, financial reporting documents, investment prospectuses and client acquisition documents across industries and investment products; utilizing project management tools and technologies, including JIRA, Confluence, Smartsheet, Microsoft Office suite, and SharePoint; and utilizing product-specific knowledge to build Excel models, streamline essential reporting, and knowledge sharing across the risk, sales, product, operations, engineering, legal, compliance and finance functions of the organization. Prior experience must include one (1) year of experience with: developing risk systems and performing risk management on credit exposure secured by equities, mutual funds, fixed income, structured products, alternative assets and cash to individuals within the registered investment advisor sector; applying system design principals to conceptualize, analyze, design, and implement technical projects for loan and savings products designed for a specialized investing market; and processing $1+ million transactions or corporate actions for clients with complex sub account structures.

Salary Range: Annual base salary for this New York based position is $100,000/year - $209,000/year.

The Goldman Sachs Group, Inc., 2025. All rights reserved. Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity.

The Goldman Sachs Group, Inc., 2018. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.

Minimum Salary: 34320.00 Maximum Salary: 34320.00 Salary Unit: Yearly