In Wall Street : the Risk Management and Corporate Treasury Operations of Goldman Sachs
Date: 2019-09-30

At 19:00 on September 27, 2019, the Department of Finance successfully held the first forum of investment bankers in the fall semester of 2019. Professor Liu Luchuan from the Department of Finance invited his good friend: Josh Wang, the managing director of Goldman Sachs (Asia) and the head of the company's financial treasurer, gave a lively and professional sharing session to the students from the finance department.


In Wall Street : the Risk Management and Corporate Treasury Operations of Goldman Sachs

Josh used a lively and interesting self-introduction as the opening. He first shared his work experience and some insights in his work. In an easy-to-understand language, Josh introduced to the students in an easy-to-understand way what is the investment bank, the organizational structure, responsibilities, operational mechanism and general business logic of the major departments of the investment bank. Josh also introduced some basic knowledge of the company's financial treasury, how the company's risk management works, and how to succeed in risk management – becoming a good ‘balancer’ learning to trade off the risks and profits.


In Wall Street : the Risk Management and Corporate Treasury Operations of Goldman Sachs

The second part is the discussion and sharing session. Josh shared his interview experience, how he joined Goldman Sachs, what kind of applicants are favored by Goldman Sachs. Josh believes that the resume is very important. The interviewer will ask questions based on the content of the resume. For each experience on the resume, the applicant should be able to tell what he has learned in this experience, what parts of the experience he likes and dislikes. . Goldman Sachs pays great attention to the ability of job seekers to express their abilities and hopes that job seekers have a clear mind. Goldman Sachs needs people who are thirsty for knowledge, proactive and have a passion for work. Josh also shared a story of his first interview experience. Many interview questions have no standard answers. The purpose is to test whether your personality is suitable for the company. Integrity is the most important character, Josh also talked about the culture of Goldman Sachs: team cooperation and competition. Josh believes that communication is a very important ability in the work. At Goldman Sachs, staying silent does not mean that things will be resolved or disappeared on their own. It is necessary to communicate the progress of the work and the difficulties encountered in time to help the development of the entire team. Saying is as important as doing. Learn to show your work with skill. For example, show your results in a meeting. Don't be obscured, and don't boast. The investment banker is very focused on communication and is encouraged to courageously share ideas with others. Josh added: No one is suitable for all investment banks. Different investment banks and divisions require different talents. For example, the corporate banking division needs to deal with customers frequently, so interpersonal skills are crucial; The trading division prefers talents with keen mathematical intuition, sophisticated mathematics and quantitative skills, and of course, these preferences are not absolute.


 In Wall Street : the Risk Management and Corporate Treasury Operations of Goldman Sachs

In the final question and answer session, Josh patiently answered the questions raised by the students and shared many life experiences with them. Josh told the students that they should focus on the problems they can control, and try to do a good job of controlling them. Don't worry too much about uncontrollable problems. To maintain an optimistic and positive attitude, you must have positive energy. To cherish the youth, life is short, dare to try, if you try, even if you fail, you will not regret in the future.