The Risk division is responsible for credit, market and operational risk, model risk, independent liquidity risk, and insurance throughout the firm.
The Model Risk Management (MRM) group is a multidisciplinary group of quantitative experts at Goldman Sachs with presence in New York, Dallas, London, Warsaw, Hong Kong, and Bangalore. MRM is responsible for independent oversight of the firm’s model risk, ensuring compliance with the Model Control Policy, and evidencing effective challenge over model development, documentation, implementation, and usage.
The group’s primary mandate is to manage risk that arises from model use through the firm’s range of businesses – including derivatives, securities and other investments’ valuation; market, credit and operational risk management; liquidity and capital computations; and more.
JOB RESPONSIBILITIES - Model Governance
Qualifications
Strong verbal and written communication, able to communicate deliverables across various seniority levels and to both internal and external stakeholders including regulators.Strong leadership skills with experience managing a team.Excellent analytical, quantitative, interpersonal, and organizational skills. Team oriented.Preferable: Financial industry experience. Model development and/or validation experience.Programming skills, including object-oriented languages and scripts (e.g., SQL, Access, VBA) beneficial but not required.Bachelor’s degree in mathematics, computer science, hard sciences, financial engineering, or finance preferred but not required