Divisional Overview:
The Risk Division is a team of specialists charged with managing the firm's credit, market, liquidity, operational and capital risk. Whether assessing the creditworthiness of the firm's counterparties, monitoring market risks associated with trading activities, or offering analytical and regulatory compliance support, our work contributes directly to the firm's success. The division is ideal for collaborative individuals who have strong ethics and attention to detail.
The Capital Risk team within the Risk Division provides an independent view into the capital decisions across the firm. The team advises on regulatory capital interpretations and firmwide capital management decisions.
Job Summary:
The candidate will join the Capital Risk team, responsible for monitoring, analyzing, interpreting, and challenging the firm's regulatory capital requirements and capital management processes. This will involve working closely with stakeholders across the firm, including trading desks, Controllers, Legal, Corporate Treasury and Technology, and will require a strong control mindset. Other responsibilities include oversight of the firm's capital strategy and the firm's proximity to capital requirements.
Responsibilities:
Understanding capital regulations and determining appropriate capital interpretations Monitoring, summarizing, challenging and generating thoughtful leadership related to the impact of and risk appetite associated with the implementation of the regulatory capital rules. Communicating thoughtful analysis on sophisticated regulatory capital matters to senior managers, businesses, risk departments and other impacted areas Assessing the impact of capital regulation on individual transactions, new products and business proposals Validation of regulatory capital requirement approaches and calculations. Understanding and controlling the firm's overall capital management strategy
Basic Qualifications:
Minimum of 3-5 years of relevant Regulatory Capital or Risk work experience Strong attention to detail, intellectual curiosity and commitment to excellence Strong organizational skills - ability to manage a constantly evolving inflow of projects and priorities. Effective communicator - both orally and in writing Team player - ability to maintain mutual support within a high profile team. Self-motivated, proactive and willing to take on additional responsibilities, ability to run with issues, and get involved as necessary. Control-oriented Ability to conduct research, analyze technical regulatory papers and identify relevant issues. Understanding of banking organizations, financial products; ability to analyze new trades and businesses with particular focus on regulatory capital implications. Strong Microsoft Office skills, including Power Point, Word and Excel
Salary Range
The expected base salary for this New York, New York, United States-based position is $110000-$140000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.
Benefits
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.
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 firm-wide 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.
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