Model Risk Management Analyst at Goldman Sachs - New York, New York Model Risk Management Analyst - Goldman Sachs

Model Risk Management Analyst

Goldman Sachs

Location: New York, New York, United States

Category: Finance

Salary: 110,000 - 180,000 USD / yearly

Full-time


Job Description

Join our Model Risk Management team at Goldman Sachs in New York, responsible for independent oversight of Model Risk at the firm.

Responsibilities

  • Perform independent validation and approval of models, including raising and managing model validation findings
  • Conduct annual review and revalidation of existing Models
  • Oversee ongoing model performance monitoring, including benchmarking, process verification and outcome analysis performed by model developers
  • Communicate the results of model validation activities, model limitations and uncertainties to the key stakeholders and management

Qualifications

  • MRM considers candidates of all degree types, with preference for those in quantitative fields such as math, physics, engineering, computer science, or financial engineering. For certain positions, advanced degrees (eg, PhD, MFE) may be required.
  • Excellent analytical, quantitative, interpersonal, and organizational skills. Team oriented.
  • Strong programming skills.
  • Additional skills/experiences that we value:
    • Model development and/or validation
    • Electronic trading development and/or validation
    • Algorithmic/quantitative/systematic trading strategies, hedge funds, credit risk management

Why Join Us?

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.