• Risk Engineering- Model Risk Management- Analyst/Associate- Bengaluru

    Location(s) IN-Bengaluru
    Job ID
    2019-56298
    Schedule Type
    Full Time
    Level
    Analyst
    Function(s)
    Quant/Strats
    Region
    India
    Division
    Risk
    Business Unit
    Model Risk Management
    Employment Type
    Employee
  • MORE ABOUT THIS JOB

    RISK

     

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

     

    The Goldman Sachs Group, Inc. is a bank holding company and a leading global investment banking, securities and investment management firm. We provide a wide range of services to a substantial and diversified client base that includes corporations, financial investors, governments, non-profit organizations and high net worth individuals.


    Derivatives Analysis is a multidisciplinary team of quantitative experts focusing on exotic derivatives valuation and risk across all product areas. The group has presence in New York, London, Tokyo and Hong Kong, Singapore, Bangalore


    The group’s main responsibilities include:

    • Assessing and Quantifying Model risk, i.e., the risk associated with the choice of models used to mark exotic OTC derivatives.
    • As financial derivatives become more complex, so do the models that are used to value and risk mange them. The group focuses on modelling the risks that arise from choice of different models.
    • Model Implementation risk – The group analyzes the consistency and validity of all models used by the firm for pricing and risk managing derivatives contracts
    • We advise senior management on the risk associated with particularly large derivatives transactions.

    RESPONSIBILITIES AND QUALIFICATIONS

    Experience/Skills:


    The group seeks applications from bright and dynamics individuals who have:

    • Strong Programming skills and academic achievement
    • Strong Computer Science Background, with desired interest in algorithms, system design, software architecture.
    • Good communication skills: Comfortable with explaining complicated designs to a wide audience.
    • Team players and have the ability to come up with solutions quickly and think through these solutions with others.
    • Strong analytical skills
    • Ability to think clearly and operate at a fast pace in a constantly changing risk environment

    ABOUT GOLDMAN SACHS

    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., 2020. All rights reserved.
    Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity

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