Guggenheim Securities “GS” is seeking a motivated risk manager to join its Risk Management team in New York. The Risk Management Department “RMD” is a small team responsible for the independent oversight of the risk-taking activities of GS and derives risk limits and risk parameters independently of trading desks and business units. The VP/Director- Risk Management is primarily focused on GS’s fixed income and equity trading, market making and investment activities but will also get exposure to the oversight of other risk factors. The RMD reports jointly to the Capital Markets Risk Committee, which provides executive oversight and the Chief Financial Officer of GS. Teamwork and close collaboration with the Finance, Regulatory and Operations teams is critical with an emphasis on areas such as liquidity, investments, capital adequacy, funding, interest rate risk and operational risk. The role is primarily located on the GS trading desk in New York.

• Program financial risk methodologies in VBA, SQL, MS Access, and MS Excel and implement them into risk management reporting, as needed. Oversee ongoing maintenance of existing risk reporting processes. 
• Develop, implement, and maintain the market, credit, and liquidity risk methodologies behind the firm’s risk management reporting infrastructure
• Identify real-time financial risks using knowledge of financial markets
• Maintain and understand external vendor and regulatory authority methodologies and standards, and be able to implement updates to firm-wide risk reporting to meet industry standards
• Conduct firm-wide liquidity reporting by monitoring balances and requirements held at different institutions, ensuring accuracy and by using liquidity projection analysis
• Periodic review risk instruments to ensure methodologies comprehensively cover all types of risk for each trading category. Maintain technical documentation
• Participate in the evaluation of new products and new vendors, as needed.

• Programs / Models
  • Excel VBA, MS Access, MS Excel, Bloomberg, Impact, Pershing NetX360, FICC/DTCC Portal
  • Understand database design and how to build robust processes to execute risk methodologies
• Technical Skills
  • Understanding of financial products, markets and trading
  • Understanding of capital markets regulations (SEC/FINRA)
  • Understanding of risk management practices and methodologies
• Soft Skills
  • Ability to take ownership of assigned processes and the determination to make improvements wherever possible
  • Close attention to detail
  • Excellent written and verbal communication skills. Ability to communicate effectively with senior executives.
  • Sound decision-making skills

• A degree in Financial Engineering, Risk Management, Accounting, Finance, Economics, or other related fields
• 7-10 years of professional industry experience in financial services, ideally within an independent Risk Management team or in an ancillary role such as Finance or Operations with significant exposure to risk management practices.
• Proficient in Excel VBA (or proficient in other programming languages with the ability to learn VBA quickly)

• Annual base salary between $100,000 and $135,000.
• The base salary range represents the low and high end of the anticipated base salary range for this position. Actual base salaries may vary depending on factors such as location and experience. The range listed reflects base salary only, and the total compensation package may include other components such as incentive compensation.

Guggenheim Partners is a diversified financial services firm that delivers value to its clients through two primary businesses: Guggenheim Investments, a premier global asset manager and investment advisor, and Guggenheim Securities, a leading investment banking and capital markets business. Guggenheim’s professionals are based in offices around the world, and our commitment is to deliver long-term results with excellence and integrity while advancing the strategic interests of our clients.

Guggenheim is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. Learn more at GuggenheimPartners.com, and follow us on LinkedIn and Twitter @GuggenheimPtnrs.