Risk, Risk Testing Group, Analyst, Warsaw Warsaw · Poland · Analyst

Goldman Sachs; Warszawa; Hybrid; PLN 120,000 - 180,000; Full time

Job summary

Goldman Sachs in Warsaw seeks an Analyst for the Risk Testing Group (RTG) to perform independent reviews and validation of risk data and controls. You will engage with multiple stakeholders, gain exposure to quantification techniques, and work across a wide technology stack.

The role emphasizes risk management across credit, market, and liquidity domains, and requires programming in C++ or Python with SQL proficiency. Join a global firm with a robust risk culture and diverse opportunities.

Qualifications

• 1-3 years of qualitative and quantitative risk management experience.
• Programming skills in C++ or Python.
• Proficiency in SQL and data analytics tools.

Responsibilities

• Develop an understanding of the firm’s risk management framework, models, methodology, and processes, aligned with regulatory expectations.
• Perform independent reviews for credit, market, and liquidity risks, and capital frameworks, applying structured analytical and data-driven review methodologies.
• Perform independent validation of data architecture and IT infrastructure, technology systems and platforms, databases, code, data pipelines and data-lineage controls that support risk data aggregation frameworks, in line with BCBS 239 principles.
• Design and deploy generative AI, advanced analytics and automation solutions across the independent validation function, including control testing, data profiling and transaction monitoring.
• Develop and maintain effective stakeholder relationships, and present results to senior management committees and regulators.

Skills

C++

Python

SQL

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.

RISK TESTING GROUP (RTG)

The Risk Testing Group (RTG) is a multidisciplinary group of quantitative and financial experts at Goldman Sachs with presence in New York, Frankfurt, Dallas, Salt Lake City, Bangalore, Hyderabad, Warsaw and Mumbai. 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 data, processes, controls, qualitative models and systems that mainly cover 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
  

RTG is looking for an Analyst to work on challenging projects that entail performing analysis to ensure holistic risk management practices. The role will involve interactions with multiple stakeholders across the firm and regulators across different geographies and offers exposure to financial products, risk management tools, quantification techniques and a wide-ranging technology stack.

RESPONSIBILITIES

• Develop an understanding of firm’s risk management framework, models, methodology, techniques, and processes, aligned with regulatory expectations
• Perform independent reviews for credit, market, and liquidity risks, and capital frameworks, applying structured analytical and data-driven review methodologies
• Perform independent validation of data architecture and IT infrastructure, technology systems and platforms, databases, code, data pipelines and data-lineage controls that support risk data aggregation frameworks, in line with BCBS 239 principles
• Design and deploy generative AI, advanced analytics and automation solutions across the independent validation function, including control testing, data profiling and transaction monitoring.
• Develop and maintain effective stakeholder relationships, and present results to senior management committees and regulators

EXPERIENCE & QUALIFICATIONS

• 1-3 years of qualitative and quantitative risk management experience (credit, market and liquidity risk)
• Programming skills and experience with an object-oriented programming language such as C++ or Python
• Proficiency in SQL and data analytics tools for querying, modifying and analyzing large datasets

COMPETENCIES

• Functional Expertise - Exposure to qualitative and quantitative risk management across credit, market, liquidity, or operational risks
• Technical Skills - Strong programming skills in an object-oriented language (C++ or Python), with proficiency in SQL and data analytics tools for querying, manipulating, and analyzing large datasets.
• Judgement and Problem solving - Thinks ahead, anticipates questions, plans for contingencies, and analyzes complex issues to find clear objectives and alternative solutions.
• 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
• Creativity/Innovation - Seeks new ways to improve current processes and develops practical, creative solutions grounded in reality
• 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 relevant and important information clearly and concisely while sharing new ideas with others
• Influencing Outcomes - Presents sound, persuasive rationale for ideas and takes positions on issues to influence opinions and deliver compelling recommendations

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., 2023. All rights reserved.

Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.

Healthcare & Medical Insurance

We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.

Financial Wellness & Retirement

We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.

Health Services

We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.

Fitness

To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).

Child Care & Family Care

We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.

Benefits at Goldman Sachs

Read more about the full suite of class-leading benefits our firm has to offer.