Risk-Bengaluru-Analyst-Risk Review Group
Goldman Sachs
Date: 2 weeks ago
City: Bengaluru, Karnataka
Contract type: Full time
Job Description
The Risk division is responsible for credit, market and operational risk, model risk, independent liquidity risk, and insurance throughout the firm.
Risk Testing Group (RTG)
The Risk Testing Group (RTG) is a multidisciplinary group of quantitative and financial experts at Goldman Sachs with presence in Bangalore, Hyderabad, New York, Dallas and Salt Lake City. RTG is responsible for independent oversight of all financial and non-financial risks, ensuring compliance with regulatory and internal expectations. The group’s primary mandate is the independent review of models, data, processes, controls, and systems covering Credit, Market, Operational and Liquidity risk stripes/types..
RTG is responsible for
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 employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
The Risk division is responsible for credit, market and operational risk, model risk, independent liquidity risk, and insurance throughout the firm.
Risk Testing Group (RTG)
The Risk Testing Group (RTG) is a multidisciplinary group of quantitative and financial experts at Goldman Sachs with presence in Bangalore, Hyderabad, New York, Dallas and Salt Lake City. RTG is responsible for independent oversight of all financial and non-financial risks, ensuring compliance with regulatory and internal expectations. The group’s primary mandate is the independent review of models, data, processes, controls, and systems covering Credit, Market, Operational and Liquidity risk stripes/types..
RTG is responsible for
- identifying potential material errors or omissions related to data accuracy,
- conformance with regulatory instructions, and
- ongoing effectiveness of key controls
Responsibilities
- Develop an understanding of firm’s risk management framework, models, methodology, techniques, and processes.
- Conduct independent review of key regulatory and internal initiatives, and communicate results through formal reports.
- Perform validation of the firm’s qualitative models by verifying conceptual soundness, methodology, and implementation
- Develop and maintain effective stakeholder relationships, and present results to senior management committees and regulators
- Minimum of bachelor’s degree required. Masters in a quantitative discipline preferred
- Qualified Chartered Accountants (CAs) can also be considered
- CFA, FRM or equivalent professional certifications preferred
- Functional Expertise - Exposure to qualitative and quantitative risk management (credit, market, liquidity or operational risk)
- Technical Skills - Strong programming skills and experience with an object-oriented programming language (C++ or Python)
- Drive and Motivation - Successfully handles multiple tasks, takes initiative to improve his/her own performance, works intensely towards challenging goals and persists in the face of obstacles or setbacks
- Teamwork – Collaborates effectively with other people within and across teams, encourages other team members to participate and contribute and acknowledges other’s contributions
- Communication Skills - Communicates what is relevant and important in a clear and concise manner and shares information/new ideas with others
- Judgement and Problem solving - Thinks ahead, anticipates questions, plans for contingencies, finds alternative solutions and identifies clear objectives. Sees the big picture and effectively analyzes complex issues
- Creativity/Innovation - Looks for new ways to improve current processes and develops creative solutions that are grounded in reality and have practical value
- Influencing Outcomes - Presents sound, persuasive rationale for ideas or opinions. Takes a position on issues and influences other’s opinions and presents persuasive recommendations
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 employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
How to apply
To apply for this job you need to authorize on our website. If you don't have an account yet, please register.
Post a resumeSimilar jobs
Software Engineer(Tester)
GE HealthCare,
Bengaluru, Karnataka
2 days ago
Job Description SummaryGE Healthcare is looking for Manual & Automation Test engineer, who will be responsible for developing and testing the PACS products. This person will design & develop automation and manual test suite as per the business requirements.GE Healthcare is a leading global medical technology and digital solutions innovator. Our mission is to improve lives in the moments that...
Beauty and Personal Care Industry required positions for ASM, RSM, ABM, SSO, SO
Adidev Herbals,
Bengaluru, Karnataka
2 days ago
We are looking to hire an experienced sales and marketing executive to help drive company sales. In this position, you will be involved in developing marketing strategies, implementing marketing plans, developing sales strategies, maintaining customer relations, and creating sales reports.To ensure success as a sales and marketing executive, you should have strong knowledge of modern marketing techniques, a passion for...
Financial Analyst
Wells Fargo,
Bengaluru, Karnataka
4 days ago
About This RoleWells Fargo is seeking a Commercial Banking Portfolio CoordinatorIn This Role, You WillReview credit information of loans for companies and industriesRespond to customer inquiries, generate status reports for management or bankers and contact available sources of informationPerform moderately complex credit investigations on companies and industriesReceive direction from Commercial Banking Portfolio Management supervisor and escalate noncompliant issuesEnsure credit files...