Goldman Sachs is a leading global financial institution that delivers a broad range of financial services to a large 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 Risk division identifies, assesses, and manages financial and non-financial risks in support of the firms risk appetite statement and strategic plan. The Enterprise Risk (ER) department manages a range of pan?Risk capabilities to ensure that Risk and divisional leadership have a comprehensive and aggregate view of the firms risk profile to facilitate strategic planning and risk decision making.
Within ER, the Strategic Risk and Stress Testing team is responsible for the development and execution of the firms strategic risk capability as well as managing the design and execution of regulatory and internal stress testing across the division.
Operating in a fast paced and dynamic environment, Risk teams are analytically curious, have an aptitude for challenge, and an unwavering commitment to excellence. Effective collaboration with executive management, business units and control departments is critical for success.
Key Responsibilities:
Understand, execute and enhance the firms strategic risk capability including framework development, collaboration with the executive office, business units and control departments
Develop and socialize analysis of the firms strategic plan, linking its execution with impacts to financial (market, credit, liquidity) as well as non?financial (operational, compliance) risks to the firm
Socialize where execution of strategy could exceed appetite for the above risks and develop mitigants, analysis supporting an increase in appetite, or change in strategy
Develop risk metrics and alerts in order to monitor the execution and performance of the firms strategy, escalating and remediating any overages on an ongoing basis
Understand, execute and enhance regulatory and internal stress testing as well as related capital planning, risk appetite and limit analysis
Facilitate CCAR and internal stress tests across the Risk division, including developing plan, timelines, leading review and challenge sessions, writing and presenting pan?risk analysis of results, key assumptions and committee materials
Collaborate on the development of capital management policies relating risk, limits and capital through stress testing
Develop commercial ad?hoc analysis leveraging strategy and stress testing expertise
Experience/skills required: 0?3 years of experience in the Financial Services, Banking or Consulting industry Experience in Strategic Risk, Stress Testing & Capital or Firmwide Strategy preferred Masters degree in Enterprise Risk a plus Good understanding of the various financial and non?financial risk disciplines Good understanding of financial markets and products Exceptional verbal, written and interpersonal communication skills Attention to detail, project management, and prioritization skills Strong proficiency in Excel and PowerPoint is required Data management and visualization experience (e.g. Tableau) a plus Programming experience (e.g. Python) in workflow automation a plus
Healthcare & Medical Insurance
We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short?term disability, long?term disability, life, accidental death, labor accident and business travel accident insurance. We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year. Financial Wellness & Retirement
We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees priorities. Health Services
We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state?of?the?art on?site health centers in certain offices. Fitness
To encourage employees to live a healthy and active lifestyle, some of our offices feature on?site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre?approved amount). Child Care & Family Care
We offer on?site child care centers that provide full?time and emergency back?up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available. Benefits at Goldman Sachs
Read more about the full suite of class?leading benefits our firm has to offer. #J-18808-Ljbffr
Experience/skills required: 0?3 years of experience in the Financial Services, Banking or Consulting industry Experience in Strategic Risk, Stress Testing & Capital or Firmwide Strategy preferred Masters degree in Enterprise Risk a plus Good understanding of the various financial and non?financial risk disciplines Good understanding of financial markets and products Exceptional verbal, written and interpersonal communication skills Attention to detail, project management, and prioritization skills Strong proficiency in Excel and PowerPoint is required Data management and visualization experience (e.g. Tableau) a plus Programming experience (e.g. Python) in workflow automation a plus
Healthcare & Medical Insurance
We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short?term disability, long?term disability, life, accidental death, labor accident and business travel accident insurance. We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year. Financial Wellness & Retirement
We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees priorities. Health Services
We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state?of?the?art on?site health centers in certain offices. Fitness
To encourage employees to live a healthy and active lifestyle, some of our offices feature on?site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre?approved amount). Child Care & Family Care
We offer on?site child care centers that provide full?time and emergency back?up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available. Benefits at Goldman Sachs
Read more about the full suite of class?leading benefits our firm has to offer. #J-18808-Ljbffr