What are the responsibilities and job description for the Risk, Enterprise Risk, Analyst, Dallas position at Goldman Sachs?
Job Description
The Risk division is responsible for credit, market and operational risk, model risk, independent liquidity risk, and insurance throughout the firm.
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 firm's risk profile to facilitate strategic planning and risk decision making.
Within ER, the Stress Testing and Strategic Risk team is responsible for managing the design and execution of regulatory and internal stress testing across the division as well as the development and execution of the firm's strategic risk capability.
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
At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.
We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.
We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html
© The Goldman Sachs Group, Inc., 2023. All rights reserved.
Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.
The Risk division is responsible for credit, market and operational risk, model risk, independent liquidity risk, and insurance throughout the firm.
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 firm's risk profile to facilitate strategic planning and risk decision making.
Within ER, the Stress Testing and Strategic Risk team is responsible for managing the design and execution of regulatory and internal stress testing across the division as well as the development and execution of the firm's strategic risk capability.
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 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, such as an Enterprise Risk Profile and Top Risk analysis
- Understand, execute and enhance the firm's strategic risk capability including framework development, collaboration with the executive office, business units and control departments
- Develop and socialize analysis of the firm's strategic plan, linking it's 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 firm's strategy, escalating and remediating any overages on an ongoing basis
- 1-2yrs in the Financial Services, Banking or Consulting industry
- Experience in Firmwide Stress Testing & Capital or Strategic Risk is preferred
- Master's 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
At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.
We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.
We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html
© The Goldman Sachs Group, Inc., 2023. All rights reserved.
Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.
