Finance, Controllers, Product Control- CVA, Associate/VP, Salt Lake City

Goldman Sachs USA
Salt Lake City, UT, USA
Mar 05, 2019
Mar 07, 2019
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
We're a team of specialists charged with managing the firm's liquidity, capital and risk, and providing the overall financial control and reporting functions. Whether assessing the creditworthiness of the firm's counterparties, monitoring market risks associated with trading activities, or offering analytical and regulatory compliance support, our work contributes directly to the firm's success. The division is ideal for collaborative individuals who have strong ethics and attention to detail.

Product Control reports key financial data including P&L, balance sheet, and price verification results. Product Controllers become experts in their business and assess valuation, profit and loss attribution, and disclosure implications of the business's positions and trades. Specifically, the CVA team manages a wide variety of products and risk factors, including interest rate, foreign exchange, commodities, and credit derivatives, in addition to key fair value concepts (CVA, FVA) which pertain to credit risk and funding risk on the firm's uncollateralized OTC derivatives.

  • Perform daily, weekly, monthly, and quarterly profit and loss analyses for the trading business
  • Perform ongoing price verification procedures to ensure appropriate valuation of firm inventory
  • Assess new trades for appropriate valuation, accounting treatment, and disclosure in the financial statements
  • Become proficient in capital requirements impactful to the trading business
  • Analyze and report the balance sheet and funding sources of the trading business
  • Produce financial statements and/or relevant disclosures for the trading business
  • Work with the financial reporting team in preparation of key external reports such as earnings release and 10Q/ 10K disclosures
  • At least 4 years of relevant work experience
  • Accounting, Economics or Finance degree preferred, but not required
  • CPA or CFA preferred, but not required
  • Strong quantitative, analytical and organizational skills
  • Strong understanding of derivatives and the Greeks
  • Excellent interpersonal and communication skills; the ability to clearly articulate ideas
  • Highly motivated and adaptable; the ability to work on a global team of diverse individuals
  • Proactive; the ability to respond creatively and quickly in a fast-paced, high-pressure, changing environment
  • Accurate and detail-oriented with sound judgment and integrity

ABOUT GOLDMAN SACHS The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

© The Goldman Sachs Group, Inc., 2019. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.