Job Description

Job Summary

The successful candidate will be part of the Controllers Valuation Group. Controllers Valuation Group is responsible for designing valuation control framework for securities, loans, and derivatives held on the balance sheet. This function involves oversight of independent price verification process, valuation adjustments, and fair value disclosures. The candidate will interact with various groups within the firm including Controllers Management, Trading, Risk, Operations, Legal, Compliance and Technology.

Principal Responsibilities 

• Responsible for designing and ensuring adherence to the valuation control framework including independent price verification (IPV), valuation adjustments and fair value disclosures
• Oversight of the IPV process across the firm, and reporting of IPV results and key valuation metrics to Controllers’ management and other stakeholders
• Review of valuation adjustments to ensure complete and accurate reporting to management
• Oversight of workflow and disclosures related to ASC820
• Assist in the development, and enhancement of valuation and price verification framework for newly traded securities and derivatives; in conjunction with key federation stakeholders (Technology, Operations, Legal, Compliance, etc.)
• Monitor and drive methodology enhancements to mitigate valuation risks, driven by emerging trends and/or changing market dynamics

Basic Qualifications   

• 8-10 years of experience in valuation of securities and/or derivatives
• Accounting, Economics or Finance degree preferred, but not required
• CPA or CFA preferred, but not required
• Proficiency in Microsoft Desktop Applications (Excel, PowerPoint, Word) and Bloomberg 
• Strong interpersonal (verbal and written communication) skills   
• Ability to work in a team environment   
• Strong analytical and organizational skills   
• Ability to establish strong working relationships with cross functional stakeholders

ABOUT GOLDMAN SACHS

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. Learn more about our culture, benefits, and people at GS.com/careers.   

We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html  

© The Goldman Sachs Group, Inc., 2024. All rights reserved.

Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.

Salary Range 

The expected base salary for this Jersey City, New Jersey, United States-based position is $115000-$250000. 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.