The Risk division is responsible for credit, market and operational risk, model risk, independent liquidity risk, and insurance throughout the firm.
Sovereign and Economic Risk Group (SERG) is part of the Risk Division of Goldman Sachs and is responsible for assessing, monitoring and managing sovereign and country risk at the firm by understanding and analyzing the countries where the Firm takes risk.
SERG leverages its extensive expertise in economics, politics, and financial markets to identify global risks to the firm. Based on its assessments SERG sets concentration limits for the Firm on aggregate Credit and Market Risk at the country and regional level. In addition, SERG is responsible for designing and executing global and country-specific scenarios and stress tests, which complement the Firm’s day-to-day risk management activities. As part of that effort, the team develops global macroeconomic forecasts used by the Risk Division for stress testing and planning purposes. Finally, SERG is responsible for credit rating advisory for governments and government-related clients, whom we advise on the rating implications of transactions and on managing their relationship with the rating agencies more generally.
SERG is staffed globally with offices in New York, London, and Hong Kong. SERG has been structured to work closely with almost every division of the firm, allowing its professionals to gain diverse financial experience and a broad perspective on how the firm functions as a whole. Its unique position keeps SERG at the forefront of the firm's strategic developments.
SOVEREIGN RISK ANALYST RESPONSIBILITIES
Economic forecasting, Country Analysis and Stress Testing:
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