Remote Opportunity

Risk, Model Risk, Analyst, Warsaw

Join Goldman Sachs as a senior professional working remotely from Worldwide. Explore the role, benefits, and apply in one place.

Full Time
$120,000 - $180,000*
4 months ago
Worldwide
AI Governance & Programs
Senior
Data Analysis
Machine Learning
Python
+3 more

Job Description

RISK

Our Risk teams develop comprehensive processes to monitor, assess, and manage the risk of expected and unexpected events that may have an adverse impact on the firm. Risk professionals execute critical day-to-day risk management activities, lead projects, and contribute to the ongoing advancement of a robust risk management program. Effective coordination with executive management, business units, control departments and technology is critical for success.

MODEL RISK MANAGEMENT (MRM)

Goldman Sachs Model Risk Management (MRM) is a multidisciplinary group of quantitative experts located in New York, Dallas, London, Warsaw, Hong Kong, and Bangalore. MRM is responsible for independent oversight and approval of all the firm’s quantitative models, ensuring compliance with both internal and supervisory standards. There are a wide variety of models used in the firm across its range of businesses, including ones used for derivatives valuation, risk management, electronic trading. Mathematical methods employed by these models include stochastic processes, machine learning, optimization techniques, statistical analyses and numerical techniques.

RESPONSIBILITIES

  • Perform validation and approval of the firm’s models by verifying conceptual soundness, methodology, and implementation, and by identifying limitations and uncertainties.
  • Assess and quantify model risk by developing alternative benchmark models.
  • Oversee monitoring of ongoing model performance.
  • Communicate validation outcomes to key stakeholders and management.

SKILLS & EXPERIENCE

The MRM group looks for people with strong quantitative and technical backgrounds and a strong interest in financial markets. We seek bright and dynamic individuals with a degree in quantitative fields such as math's, physics, engineering, computer science, or financial engineering. Applicants should possess the following:

  • Excellent quantitative problem-solving skills.
  • Knowledge of stochastic modeling, numerical simulation, and data analysis.
  • Machine learning knowledge (preferred).
  • Good communication skills with the ability to explain complex problems in a simple way.
  • Eagerness and ability to learn new technologies and programming languages.
  • Excellent organizational skills.
  • Team orientation and ability to work in a fast-paced environment.

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 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., 2024. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity

 

 

Requirements

  • Excellent quantitative problem-solving skills
  • Knowledge of stochastic modeling, numerical simulation, and data analysis
  • Machine learning knowledge (preferred)
  • Good communication skills with the ability to explain complex problems in a simple way
  • Eagerness and ability to learn new technologies and programming languages
  • Excellent organizational skills
  • Team orientation and ability to work in a fast-paced environment

Benefits

  • 401k Matching
  • Certification Support
  • Company Retreats
  • Conference Budget
  • Dental Insurance
  • Employee Assistance Program
  • Employee Discounts
  • Equity

Skills

Data Analysis
Machine Learning
Python
Mathematics
stochastic modeling
numerical simulation

About AI-Estimated Salary

The salary range shown was not provided by the employer. Our AI has estimated it based on the job title, required experience, location, and industry standards (confidence: 80%). This estimate should be used as a general guide only and may not reflect the actual compensation. Always confirm salary details directly with the employer during the application process.

Ready to Apply?

Join Goldman Sachs today

Salary Range (AI-Estimated)*
$120,000 - $180,000
80% confidence
Posted 4 months ago

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