Risk, Business Audit, Analyst, Salt Lake City Salt Lake City · · Analyst

Goldman Sachs Bank AG; Salt Lake City (UT); On-site; USD 70,000 - 110,000; Full time

Job summary

An established industry player seeks an Analyst in Risk Management to ensure robust oversight of financial and non-financial risks. This dynamic role involves analyzing complex data, collaborating with various stakeholders, and presenting findings to senior management. Candidates should possess strong programming skills and a solid understanding of risk management principles. Join a forward-thinking firm committed to fostering diversity and inclusion while providing a supportive environment for professional growth. This position offers exposure to a wide range of financial products and innovative risk management tools.

Benefits

Healthcare & Medical Insurance

Competitive Vacation Policies

Financial Wellness Support

On-site Fitness Centers

Child Care Services

Qualifications

• Bachelor's degree required; master's preferred in quantitative discipline.
• Strong programming skills in C++, Python, or Java.

Responsibilities

• Conduct independent reviews of key regulatory initiatives and communicate results.
• Develop understanding of risk management framework and present findings.

Skills

C++

Python

Java

Quantitative Risk Management

Stakeholder Communication

Education

Bachelor's Degree

Master's in Quantitative Discipline

CFA or FRM Certification

Job description

Risk, Business Audit, Analyst, Salt Lake City location_on Salt Lake City, Utah, United States

The Risk division is responsible for credit, market and operational risk, model risk, independent liquidity risk, and insurance throughout the firm.

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 at the firm, ensuring compliance with regulatory and internal expectations. The group's primary mandate is the independent review of qualitative models, data, processes, controls, and systems covering Credit, Market, Operational and Liquidity risk 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
• Conduct independent review of key regulatory and internal initiatives and communicate results through formal reports
• Provide effective challenge of stakeholder process(es) and outcomes
• Liaise across relevant business, technology, and control functions to prioritize risks, challenge decisions, assumptions and tolerances, and drive appropriate risk response
• Present results to senior management committees and regulators
• Develop and maintain effective and constructive stakeholder relationships
• Raise action items and independently validate remediation plans
• Contribute to the establishment of metrics and tools to assess and report on inherent risks, control strength and residual risk in a consistent and objective manner

Basic Qualifications

• Minimum of bachelor's degree required. Master's in a quantitative discipline preferred
• CFA, FRM or equivalent professional certifications preferred

Competencies
• 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++, Python, or Java)
• 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

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

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.

We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.

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.