Associate - Market Risk Specialist, Commodities - Singapore

About the Role

The Risk Division acts as the firm's second line of defense, focusing on identifying, anticipating, measuring, and mitigating various risks inherent in supporting clients and operating global enterprises. This division provides clarity on the firm's risk exposures and crafts strategies to safeguard its leadership in financial markets globally.

Within this division, Market Risk Specialists manage the firm's market risk appetite through prudent risk oversight and ensuring regulatory compliance. They employ expert judgment and risk management techniques, including the setting and monitoring of risk limits, to oversee risk analysis and process enhancements.

As part of the team working within the Commodities sector, including Oil, Metals, and Power, you will collaborate closely with international colleagues, contributing directly to the firm's success. This environment offers broad exposure to financial operations and interactions with multiple departments, delivering a diverse and dynamic work experience.

Key Responsibilities

• Assess market risk-taking behaviors, influencing outcomes through detailed analysis at portfolio and transaction levels, and calibrating risk limits.
• Monitor factors and events potentially impacting financial markets and evaluate their effects on the firm's portfolio holdings.
• Conduct proactive stress testing ahead of significant market events to assess vulnerabilities.
• Ensure timely escalation of critical risk issues to senior management.
• Lead the development and enhancement of risk measurement tools and communicate with senior leadership regarding risk matters.
• Critically review and challenge risk exposure activities while maintaining effective collaboration with trading and banking teams.
• Oversee compliance with risk limits and ensure material risks are conveyed effectively to senior management.
• Share responsibility for approving market risk assessments for new products within covered business areas.
• Operate at the juncture between maintaining risk tolerance and enabling business operations.
• Drive improvements in commercial impact and personnel performance within a strong risk control environment.

Qualifications

• A bachelor's degree or higher in Finance, Economics, Engineering, or a related quantitative/analytical field is preferred.
• Experience in commodities markets and a solid understanding of financial products, including derivatives and greeks, is desirable. Proficiency in coding is an advantage.
• Strong interpersonal skills to effectively collaborate across departments and seniority levels.
• Capability to communicate complex information clearly to senior management.
• Between three to five years of relevant industry experience in a similar role.

About Goldman Sachs

Goldman Sachs is a global investment banking, securities, and investment management firm founded in 1869 and headquartered in New York, with offices worldwide. The firm invests in its people and provides professional and personal development through training, networks, wellness, and financial programs, emphasizing diversity and inclusion.

The company is committed to reasonable accommodations for candidates with disabilities during recruitment and is an equal opportunity employer free from discrimination.