Global Banking & Markets, Capital Management Team, Analyst/Associate - Dallas

The Goldman Sachs Group; Dallas (TX); On-site; USD 70,000 - 110,000; Full time

Job summary

An established industry player is seeking a talented individual to join their dynamic Capital Management team. In this role, you will be responsible for optimizing resource consumption and enhancing capital efficiencies through strategic initiatives and stress testing. You will work closely with various stakeholders, utilizing your analytical skills to project revenues and assist in technology implementations. This is a fantastic opportunity to thrive in a fast-paced environment while contributing to the firm's success. If you are results-oriented and passionate about finance, this role is perfect for you.

Benefits

Health Care Plans

Wellness Programs

Training and Development Opportunities

Diversity and Inclusion Initiatives

Qualifications

• 2-4 years of experience in financial analysis or project management.
• Strong analytical skills with attention to detail.
• Excellent communication and presentation abilities.

Responsibilities

• Optimize resource consumption and drive capital efficiencies.
• Project divisional revenues and assist with stress testing.
• Compile documentation for CCAR and develop reporting dashboards.

Skills

Financial Analysis

Financial Modelling

Project Management

Process Improvement

Analytical Skills

Communication Skills

Excel Proficiency

PowerPoint Proficiency

Stakeholder Management

Organizational Skills

Education

Bachelor's Degree

Master's Degree

Tools

Qlikview

Power BI

Tableau

Job description

OUR IMPACT

Goldman Sachs' Global Markets Division makes markets in and clear client transactions on major stock, options and futures exchanges worldwide. Through our global sales force, we maintain relationships with our clients, receiving orders and distributing investment research, trading ideas, market information and analysis.

Our core value is building strong relationships with our institutional clients, which include corporations, financial service providers, and fund managers. We help them buy and sell financial products on exchanges around the world, raise funding, and manage risk. This is a dynamic, entrepreneurial team with a passion for the markets, with individuals who thrive in fast-paced, changing environments and are energized by a bustling trading floor.

HOW YOU WILL FULFILL YOUR POTENTIAL

Capital Management is responsible for managing the divisions capital position and resourcing needs on an ongoing basis. The team works with divisional businesses to both monitor their capital usage and advise on solutions to increase their operating efficiency. In addition, during the annual CCAR stress testing cycle, the team is responsible for coordinating projections for revenues, balance sheet, and RWAs across the division's business.

Responsibilities include, but are not limited to:

• Strategic Initiatives: You will help the team optimize the divisions resource consumption and drive capital and funding efficiencies through assessing the capital implications of individual trades, regulatory implementations and developing hedging strategies.


• Stress Testing: You will help to project divisional revenues using a variety of modelling techniques, coordinate the completion of firm reporting templates, and present summaries to both the firmwide Stress Testing Committee and regulatory groups such as the Federal Reserve.


• Documentation: You will assist in compiling documentation for CCAR, including process and methodology, summary of results, and challenge and approval process


• Reporting and Analysis: You will complete periodic reviews of businesses capital usage, including developing strategies for optimizing their resource consumption and presenting these to heads of the relevant businesses


• Technology Implementation - You will assist with the testing and implementation of technology tools to help collect, store and report on capital data; Develop and enhance reporting dashboards in Qlikview, Power BI and Tableau

SKILLS & EXPERIENCE WE'RE LOOKING FOR

BASIC QUALIFICATIONS

• Bachelor's or Master's degree with 2 - 4 years of experience in a financial analysis, financial modelling, project management, process improvement, or regulatory type role


• Analytical mind-set with an ability to manipulate data and perform detail oriented work


• Excellent presentation and communication skills, both written and verbal


• Results-oriented -- ability to balance multiple, time-sensitive projects while maintaining a longer term, strategic focus


• Comfortable managing multiple stakeholders, driving consensus and influencing outcomes


• Strong organizational skills


• Commercial and creative approach to situations


• Self-motivated and can work well under pressure


• Proficiency in Excel and PowerPoint required

PREFERRED QUALIFICATIONS

• Quantitative background is preferred


• Prior experience with stress testing and capital planning (eg CCAR) is not required, but would be a bonus

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.