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Financial Risk Jobs in Spring Valley, NY (NOW HIRING)

MUFG Bank, Ltd.

Market Risk Professional

New York, NY · Hybrid

$90K - $154K/yr

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial ... Assisting in Interest Rate Risk initiatives including business strategy and new products, reporting ...

Everest Re Group

AVP, Risk

New York, NY · On-site +1

$116K - $200K/yr

The role will be part of the Financial Risk team and will work various stakeholders across the Group. This role is open to locations in Bermuda, New York City, London, Dublin or Warren, NJ. Role ...

Societe Generale

Senior Risk Officer

New York, NY · On-site

Ensure clients exposures are in line with global frameworks (e.g., financing envelopes for specific assets, CCP limits, etc.) * Ensure Front Office is trained on the CCR Framework. Risk Limits:

Spring Fertility

Financial Counselor

New York, NY · On-site

$67K - $72K/yr

Identify and work to minimize potential financial risk of patient accounts through working daily time of service reports * Act as a resource representative when questions arise regarding registration ...

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Financial Risk information

What is the difference between Financial Risk vs Credit Analyst?

AspectFinancial RiskCredit Analyst
Primary FocusIdentifying and managing financial risks across investments, markets, and corporate strategiesAssessing creditworthiness of individuals or companies to determine loan eligibility
Required CredentialsFinance, risk management certifications, often a degree in finance or economicsFinance, accounting, or economics degree; certifications like CFA or credit-specific training
Work EnvironmentFinancial institutions, investment firms, corporate risk departmentsBanks, lending institutions, credit agencies
Industry UsageWidely used in banking, investment, and corporate sectors for risk mitigationPrimarily in banking and lending sectors for credit assessment

Financial Risk professionals focus on identifying and mitigating potential financial losses across various areas, while Credit Analysts specialize in evaluating the creditworthiness of borrowers to facilitate lending decisions. Both roles require finance-related credentials and are integral to financial institutions, but their core responsibilities differ significantly.

Is a financial risk analyst a good career?

A financial risk analyst is a valuable role in finance, responsible for identifying and managing potential financial losses using data analysis and risk assessment tools. The career offers opportunities for advancement, requires strong analytical skills, and often involves certifications like FRM or CFA. Job stability and salary prospects are generally favorable in this field.

What is a financial risk job?

A financial risk job involves identifying, analyzing, and managing potential financial losses for an organization. Professionals in this field often use risk assessment tools, financial modeling, and industry regulations to minimize exposure to risks such as credit, market, or operational risks.

What cities near Spring Valley, NY are hiring for Financial Risk jobs?

Cities near Spring Valley, NY with the most Financial Risk job openings:

Financial Risk jobs near you

Asset & Wealth Management, PWM, Global Risk Management Team, Associate - New York

New York, NY • On-site

Goldman Sachs, Inc.
Finance and Insurance • 10K+ employees
Learn more about Goldman Sachs, Inc.external

Full-time

Re-posted 9 days ago

Goldman Sachs rating

7.8

Company rating: 7.8 out of 10

Based on 28 frontline employees who took The Breakroom Quiz

Job description


JOB SUMMARY & RESPONSIBILITIES
YOUR IMPACT
Are you a strategic thinker with a strong work ethic, desire to work within a growing global business, and ability to think outside the box? Wealth Management Financial Risk Management Team members will gain exposure and access to senior managers in PWM, build expertise in risk analysis and risk management, and develop a deeper understanding of the WM business on a macro level. The team is seeking a candidate who has the ability to thrive in a fast paced environment where attention to detail, strong communication skills, and passion for working with others are essential to maintaining and enhancing our business.
OUR IMPACT
Private Wealth Management (PWM) secures, develops and manages relationships with high net worth individuals, their families, family offices and foundations. PWM assists clients with building and preserving their financial wealth by creating and implementing long-term asset allocation within the context of each client's particular risk tolerance, and by providing access to innovative investment ideas and opportunities. PWM professionals develop customized investment strategies and offer a full array of wealth management products and services, including private banking and trust company services.
The WM Risk Management team is the 1st Line Risk Management In-Business function that provides analysis, review and management of the client, investment product, and platform related risks of the WM business. We are looking for an analytical and quantitative Senior Analyst / Junior Associate to join our team, based in New York.
This role focuses on understanding our / our client's risk to financial markets (e.g. equities, credit, FX etc) and advising on frameworks to help manage these risks.
You will work closely with US, EMEA, and Asia PWM Management Teams, Credit / Market Risk Officers, PWM Product Specialists and Private Wealth Advisors to review and advise on various activities.
HOW YOU WILL FULFILL YOUR POTENTIAL
Review and analyze client portfolios from a financial risk perspective, including:
  • Portfolio Construction and Product Performance Risk: Underperformance that may impair our client relationships.
  • Investment Manager Risk: selection and performance monitoring of individual Asset Managers (internal and external).
  • Credit Risk: the risk to GS from client default on their obligations using derivatives and / or borrowing.

Key Activities
Using analytics and tools for daily ongoing monitoring of clients' portfolios' financial performance vs. our limit frameworks and other key metrics:
  • Product and Portfolio Performance Indicators - are they performing in line with expectations?
  • Client Risk Tolerance and Suitability Limits - are clients' portfolios and products in line with their stated risk appetite and investment experience?
  • Margin Calls - reviewing swings in client portfolio values that may drive margin calls and scanning our overall universe of accounts to find similar exposures.
  • Portfolio Stress Testing Limits - Ensuring any limit breaches are understood, actioned, and escalated as needed.

  • Escalating potential issues and/or discussing other related topics within internal risk forums, as well as sharing findings with senior management.
  • Contribute to our regular portfolio reviews with senior PWM management - deep and wide-ranging analysis on our clients' portfolios and our corresponding credit exposures.
  • Analysis and implementation of improvements to our risk management methodologies, frameworks, and infrastructure.
  • Work with Strats team to develop specific risk analytics/reporting to be used internally and/or externally with clients.

WHERE YOU WILL MAKE AN IMPACT
Our Private Wealth Management business spans the globe, and you will be working with individuals in all three regions.
QUALIFICATIONS
EXPERIENCE & SKILLS WE'RE LOOKING FOR
  • Minimum of 2 years of experience in a financial organization, preferably in the private wealth high net worth area, portfolio management, or a Credit/Market Risk function.
  • Good base of derivatives knowledge - pricing, risk management of structured products, options and more exotic derivatives.
  • Exposure to core market risk analysis and management topics, e.g., VaR and Stress Testing.
  • Exposure to Margin / Collateral Management systems. Direct knowledge of US Margin Regulations desirable.
  • Outstanding analytical skills; ability to work with detailed financial or other data and understand and communicate commercial implications.
  • Exceptional communication and interpersonal skills; confidence to work closely with senior management
  • Highly organized with attention to detail and excellent follow-through
  • Good judgment and discretion

Salary Range
The expected base salary for this New York, NY, United States-based position is $85000-$160000. 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.

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About Goldman Sachs

Sourced by ZipRecruiter

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.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

New York, NY, US

Year founded

1869

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