Job Description
The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments, and individuals. Founded in 186+, the firm is headquartered in New York and maintains offices in all major financial centers around the world. We commit people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Our people are our greatest asset – we say it often and with good reason. It is only with the determination and dedication of our people that we can serve our clients, generate long-term value for our shareholders and contribute to the broader public. We take pride in supporting each colleague both professionally and personally. From collaborative workspaces and ergonomic services to wellbeing and resilience offerings, we offer our people the flexibility and support they need to reach their goals in and outside the office.
RISK BUSINESS
The Risk Business identifies, monitors, evaluates, and manages the firm’s financial and non-financial risks in support of the firm’s Risk Appetite Statement and the firm’s strategic plan. Operating in a fast paced and dynamic environment and utilizing the best in class risk tools and frameworks, Risk teams are analytically curious, have an aptitude to challenge, and an unwavering commitment to excellence.
BUSINESS UNIT: Analytics & Reporting is a group within Risk Engineering in the Risk Division of Goldman Sachs. The group is responsible for reviewing, publishing, explaining, analyzing & communicating the firm’s risk & capital metrics.
More broadly, Risk Engineering is a multidisciplinary group of quantitative experts who are the authoritative producers of independent risk & capital metrics for the firm. Risk Engineering, as a whole, is responsible for designing, implementing, executing, reviewing, interpreting, explaining and communicating risk & capital metrics used to independently ensure the firm adheres to its Risk Appetite and maintains the appropriate amount of Risk Capital.
For further context, Risk Engineering is organized into the following subgroups:
Analytics & Reporting
Risk Strategists
Risk Applications Platform & Data (RAPD)
Risk Architecture
Responsibilities
A&R are responsible for reviewing, publishing, interpreting and communicating the firm’s independent and authoritative risk & capital measures, which includes:
Developing & maintaining engaging approaches to share curated risk insights through interactive dashboard tools.
Enhancing and managing processes that quantify, review, explain & convey insight for risk & capital measurements for a large, diverse set of financial products or activities covering the whole Firm. Either on an activity by activity basis or in aggregate.
This involves developing and utilizing tools & signals to assist understanding risk & capital metrics, at varying levels of aggregation across the Firm, in order to discover insight while ensuring metrics continue to operate in line with intent.
Understanding financial & non-financial risk by analyzing pricing, risk & capital model outputs to evaluate, explain and justify features observed in the Firm’s risk data.
Automation engineering to improve control, reduce operational risks & costs and enhance the Firm’s metric timeliness & availability increasing awareness of significant risks
Testing, developing & integrating new/updated workflows and documentation
Providing independent risk & capital metric process consulting for new or existing business activities in the Firm.
Liaising with groups such as Modelers/Strats, Technologists, Trading & Investing businesses, Operations & Controllers to understand & explain observations in Risk data.
Coordinating with firm internal governing bodies such as Risk Committees and executive members of the firm
Interacting with firm external governing bodies such as external regulators and industry bodies
Qualifications, Skills & Aptitude
Entrepreneurial, creative, self-motivated and team-orientated
Excellent written and verbal communication skills.
Masters or Bachelors degree in a quantitative discipline such as mathematics, physics, econometrics or engineering.
Practical knowledge of mathematics and numerical algorithms, including statistics and time series analysis.
Practical knowledge of analytics tools and technologies such as Excel, SQL, Tableau, Alteryx.
Experience with, or keen interest to develop expertise in, programming skills with various languages such as Python, HTML, Javascript and/or C++.
Experience with, or keen interest to develop expertise in, development of risk analytics, interpretation & productivity tools for cultivating insights into risk & capital metric data.
Experience with, or keen interest to develop expertise in, financial markets & economics
Opportunities
In performing the job function, you will have the following opportunities:
Work in a dynamic & highly creative teamwork and consensus-orientated environment
Exposure to industry leading market data, pricing and risk & capital models for all activities the Firm engages in.
Exposure to challenging quantitative problems such as modeling risks for derivatives, large scale Monte-Carlo simulations across the firm and advanced approximation techniques for risk measurements.
Exposure to large volumes of data (a.k.a ‘Big Data’) and the tools & techniques to interact with, and determine meaningful interpretations of, such data.
Development of quantitative and programming skills
Development of economic, financial product and market knowledge.
Engagement in critical internal risk management activities, and provision of data to both internal and external clients & Firm governing bodies
Opportunities to work with senior members of the Firm and a wide variety of groups across all areas of the Firm.
ABOUT GOLDMAN SACHS
At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 186+, 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., 2021. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
RISK BUSINESS
The Risk Business identifies, monitors, evaluates, and manages the firm’s financial and non-financial risks in support of the firm’s Risk Appetite Statement and the firm’s strategic plan. Operating in a fast paced and dynamic environment and utilizing the best in class risk tools and frameworks, Risk teams are analytically curious, have an aptitude to challenge, and an unwavering commitment to excellence.
BUSINESS UNIT: Analytics & Reporting is a group within Risk Engineering in the Risk Division of Goldman Sachs. The group is responsible for reviewing, publishing, explaining, analyzing & communicating the firm’s risk & capital metrics.
More broadly, Risk Engineering is a multidisciplinary group of quantitative experts who are the authoritative producers of independent risk & capital metrics for the firm. Risk Engineering, as a whole, is responsible for designing, implementing, executing, reviewing, interpreting, explaining and communicating risk & capital metrics used to independently ensure the firm adheres to its Risk Appetite and maintains the appropriate amount of Risk Capital.
For further context, Risk Engineering is organized into the following subgroups:
Analytics & Reporting
Risk Strategists
Risk Applications Platform & Data (RAPD)
Risk Architecture
Responsibilities
A&R are responsible for reviewing, publishing, interpreting and communicating the firm’s independent and authoritative risk & capital measures, which includes:
Developing & maintaining engaging approaches to share curated risk insights through interactive dashboard tools.
Enhancing and managing processes that quantify, review, explain & convey insight for risk & capital measurements for a large, diverse set of financial products or activities covering the whole Firm. Either on an activity by activity basis or in aggregate.
This involves developing and utilizing tools & signals to assist understanding risk & capital metrics, at varying levels of aggregation across the Firm, in order to discover insight while ensuring metrics continue to operate in line with intent.
Understanding financial & non-financial risk by analyzing pricing, risk & capital model outputs to evaluate, explain and justify features observed in the Firm’s risk data.
Automation engineering to improve control, reduce operational risks & costs and enhance the Firm’s metric timeliness & availability increasing awareness of significant risks
Testing, developing & integrating new/updated workflows and documentation
Providing independent risk & capital metric process consulting for new or existing business activities in the Firm.
Liaising with groups such as Modelers/Strats, Technologists, Trading & Investing businesses, Operations & Controllers to understand & explain observations in Risk data.
Coordinating with firm internal governing bodies such as Risk Committees and executive members of the firm
Interacting with firm external governing bodies such as external regulators and industry bodies
Qualifications, Skills & Aptitude
Entrepreneurial, creative, self-motivated and team-orientated
Excellent written and verbal communication skills.
Masters or Bachelors degree in a quantitative discipline such as mathematics, physics, econometrics or engineering.
Practical knowledge of mathematics and numerical algorithms, including statistics and time series analysis.
Practical knowledge of analytics tools and technologies such as Excel, SQL, Tableau, Alteryx.
Experience with, or keen interest to develop expertise in, programming skills with various languages such as Python, HTML, Javascript and/or C++.
Experience with, or keen interest to develop expertise in, development of risk analytics, interpretation & productivity tools for cultivating insights into risk & capital metric data.
Experience with, or keen interest to develop expertise in, financial markets & economics
Opportunities
In performing the job function, you will have the following opportunities:
Work in a dynamic & highly creative teamwork and consensus-orientated environment
Exposure to industry leading market data, pricing and risk & capital models for all activities the Firm engages in.
Exposure to challenging quantitative problems such as modeling risks for derivatives, large scale Monte-Carlo simulations across the firm and advanced approximation techniques for risk measurements.
Exposure to large volumes of data (a.k.a ‘Big Data’) and the tools & techniques to interact with, and determine meaningful interpretations of, such data.
Development of quantitative and programming skills
Development of economic, financial product and market knowledge.
Engagement in critical internal risk management activities, and provision of data to both internal and external clients & Firm governing bodies
Opportunities to work with senior members of the Firm and a wide variety of groups across all areas of the Firm.
ABOUT GOLDMAN SACHS
At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 186+, 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., 2021. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
💡 Quick Summary
Seeking a career-building opportunity? The Risk||Analyst|Software Engineering position is now open for candidates interested in the Software Developer Jobs sector. This role in Bengaluru offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Software Developer Jobs is a plus.
