EMEA Stress Testing - Risk Engineering - Associate - Warsaw

Job Description

BackgroundThe Risk Business identifies, monitors, evaluates, and manages the firms financial and non-financial risks in support of the firms Risk Appetite Statement and the firms 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.Risk Engineering is a multidisciplinary group of quantitative experts who are the authoritative producers of independent risk & capital metrics for the firm. Risk Engineering is responsible for modelling, producing, reviewing, interpreting, explaining and communicating risk & capital metrics and analytics used to ensure the firm adheres to its Risk Appetite and maintains the appropriate amount of Risk Capital. Risk Engineering provides risk & capital metrics, analytics and insights to the Chief Risk Officer, senior management, regulators, and other firm stakeholders.Analytics & Reporting (A&R) is a group within Risk Engineering in the Risk Division of Goldman Sachs. The group ensures the firms senior leadership, investors and regulators have a complete view of the positional, market, and client activity drivers of the firms risk profile allowing them to take actionable and timely risk management decisions.Role ResponsibilitiesYou will be part of the stress testing team responsible for:

• Delivering regular and reliable risk metrics, analytics and insights based on a deep understanding of the firms businesses and its client activities. This involves enhancing and managing processes that quantify, review, explain and convey insight for risk and capital measures for a large, diverse set of financial products or activities across the firm, considering multiple types of risk including credit, market and operational risk.
• Supporting the development and execution of the capital planning quantification and stress testing programme, including regulatory stress testing, internal capital adequacy assessment process, recovery planning, or any ad-hoc stress testing performed for multiple legal entities across EMEA.
• Building robust, systematic and efficient workflows around the production of risk analytics to streamline and automate risk analysis.
• Developing and maintaining engaging approaches to share curated risk insights through interactive dashboard tools.
• Proactively liaising with groups such as Modelers/Strats, Engineers, Controllers, and Business to understand and explain observations in risk data.
• Communicating complex ideas with internal/external stakeholders such as risk managers, senior management, the firms regulators and auditors.

OpportunitiesIn performing the job function, you will have the following opportunities:

• Work in a dynamic and highly creative teamwork and consensus-oriented environment.
• Exposure to industry-leading market data, pricing, and risk & capital models for all activities the firm engages in.
• Exposure to large volumes of data and the tools and 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 risk management activities and opportunities to work with senior members of the firm and a wide variety of groups across all areas of the firm.

Qualifications, Skills & AptitudeThe role is ideal for collaborative individuals who have sound technical skills, financial risk acumen, strong ethics, and attention to detail. Eligible candidates are preferred to have the following:

• Masters or Bachelors degree in a quantitative discipline such as data science, mathematics, physics, econometrics, computer science, or engineering.
• 3-5 years of experience in financial, regulatory, consulting, or project management areas.
• Good organizational and time management skills, with experience in leading projects involving multiple teams.
• Entrepreneurial, analytically creative, self-motivated, and team-oriented.
• Excellent written and verbal communication skills.
• Experience with programming in Python and/or SQL for extract transform load (ETL) operations and data analysis will be beneficial.
• Experience in developing data visualization and business intelligence solutions using tools such as Tableau and PowerBI is beneficial.
• Working knowledge of the financial industry, markets and products, and associated risks.
• Working knowledge of statistical modelling, such as regression, time series analysis, machine learning is beneficial.

About Goldman SachsAt 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. Were 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.Were committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: Disability Statement.The Goldman Sachs Group, Inc., 2023. All rights reserved.Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity.Locations - Opportunity Overview

• Corporate Title: Associate
• Office Location(s): Warsaw
• Job Function: Software Engineering
• Division: Risk Division

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Keyskills :
risk management expertise data analytics proficiency statistical modelling techniques python & sql skillscommunication skillsmarket data econometrics risk analysis personal finance investment banking operational risk risk analytics data analys