Job
Description
The Risk division at Goldman Sachs is responsible for credit, market, and operational risk, model risk, independent liquidity risk, and insurance throughout the firm. The Risk Testing Group (RTG) is a team of quantitative and financial experts with a presence in Bangalore, Hyderabad, Mumbai, New York, Dallas, and Salt Lake City. RTG's primary focus is on independent oversight of all financial and non-financial risks to ensure compliance with regulatory and internal expectations. They conduct reviews of models, data, processes, controls, and systems covering Credit, Market, Operational, and Liquidity risk areas. As an Analyst in the Risk Testing Group, you will work on challenging projects that involve analyzing data accuracy, regulatory compliance, and the effectiveness of key controls. You will interact with stakeholders across the firm and regulators globally, gaining exposure to financial products, risk management tools, quantification techniques, and various technology solutions. Responsibilities: - Develop an understanding of the firm's risk management framework, models, methodology, and processes. - Independently review key regulatory and internal initiatives and communicate findings through formal reports. - Validate qualitative models for conceptual soundness, methodology, and implementation. - Build 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) will also be considered. - Professional certifications such as CFA, FRM, or equivalent are preferred. Competencies: - Functional Expertise: Exposure to qualitative and quantitative risk management in credit, market, liquidity, or operational risk. - Technical Skills: Strong programming abilities and experience with an object-oriented language like C++ or Python. - Drive and Motivation: Successfully manages multiple tasks, takes initiative to improve performance, and persists in achieving challenging goals. - Teamwork: Collaborates effectively within and across teams, encouraging participation and acknowledging contributions. - Communication Skills: Clearly and concisely communicates relevant information and shares new ideas. - Judgement and Problem-solving: Thinks ahead, plans for contingencies, finds alternative solutions, and effectively analyzes complex issues. - Creativity/Innovation: Seeks new ways to improve processes and develops practical and creative solutions. - Influencing Outcomes: Presents persuasive rationale for ideas, influences opinions, and provides recommendations. ABOUT GOLDMAN SACHS: Goldman Sachs is a leading global investment banking, securities, and investment management firm committed to diversity, inclusion, and professional growth. We offer a range of opportunities for personal and professional development, emphasizing wellness and mindfulness. Learn more about our culture, benefits, and opportunities at GS.com/careers. Goldman Sachs is dedicated to providing reasonable accommodations for candidates with special needs or disabilities during the recruiting process. Learn more at: https://www.goldmansachs.com/careers/footer/disability-statement.html The Goldman Sachs Group, Inc., 2023. All rights reserved.,
