Job
Description
The Risk division at Goldman Sachs is in charge of overseeing credit, market, and operational risk, model risk, independent liquidity risk, and insurance across the firm. Within the Risk division, there is the Risk Testing Group (RTG), which is a team of quantitative and financial experts located in various cities such as Bangalore, Hyderabad, Mumbai, New York, Dallas, and Salt Lake City. RTG's main responsibility is to provide independent oversight of all financial and non-financial risks to ensure compliance with regulatory and internal expectations. The group focuses on reviewing models, data, processes, controls, and systems related to Credit, Market, Operational, and Liquidity risks. As part of the RTG team, you will be tasked with identifying potential errors or omissions in data accuracy, ensuring compliance with regulatory instructions, and assessing the ongoing effectiveness of key controls. The role will involve working on challenging projects that require in-depth analysis to support holistic risk management practices. You will have the opportunity to engage with various stakeholders within the firm and regulators across different regions, gaining exposure to financial products, risk management tools, quantification techniques, and a diverse technology stack. Key Responsibilities: - Develop a comprehensive understanding of the firm's risk management framework, models, methodology, techniques, and processes. - Conduct independent reviews of key regulatory and internal initiatives and communicate findings through formal reports. - Validate the firm's qualitative models by assessing conceptual soundness, methodology, and implementation. - Establish and maintain effective relationships with stakeholders, and present results to senior management committees and regulators. Basic Qualifications: - Minimum of a bachelor's degree required; a master's in a quantitative discipline is preferred. - Qualified Chartered Accountants (CAs) may also be considered. - Professional certifications such as CFA, FRM, or equivalent are preferred. Competencies: - Functional Expertise: Exposure to qualitative and quantitative risk management (credit, market, liquidity, or operational risk). - Technical Skills: Strong programming abilities and experience with an object-oriented programming language (C++ or Python). - Drive and Motivation: Ability to handle multiple tasks, take initiative to enhance performance, work towards challenging goals, and persevere in the face of obstacles. - Teamwork: Collaborate effectively with team members, encourage participation, and acknowledge contributions. - Communication Skills: Clearly and concisely communicate relevant information and share new ideas. - Judgement and Problem-Solving: Anticipate questions, plan for contingencies, find alternative solutions, and identify clear objectives. - Creativity/Innovation: Seek new ways to improve processes and develop practical, creative solutions. - Influencing Outcomes: Present persuasive rationale, take a position on issues, influence opinions, and make recommendations. Goldman Sachs is a global investment banking, securities, and investment management firm committed to diversity and inclusion. We offer numerous opportunities for professional and personal growth, including training, development programs, firmwide networks, benefits, wellness programs, and mindfulness initiatives. We strive to provide reasonable accommodations for candidates with special needs or disabilities during the recruiting process. Learn more about our culture, benefits, and opportunities at GS.com/careers.,
