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Goldman Sachs
Risk, Capital Risk, Associate, LondonGoldman Sachs • London, Greater London, England, United Kingdom
Risk, Capital Risk, Associate, London

Risk, Capital Risk, Associate, London

Goldman Sachs • London, Greater London, England, United Kingdom
30+ days ago
Job type
  • Full-time
Job description

RISK

Our Risk teams develop comprehensive processes to monitor, assess, and manage the risk of expected and unexpected events that may have an adverse impact on the firm. Risk professionals execute critical day-to-day risk management activities, lead projects, and contribute to the ongoing advancement of a robust risk management program. Effective coordination with executive management, business units, control departments and technology is critical for success.

CAPITAL RISK

Capital Risk, which is part of the firm’s second line of defense and reports to our chief risk officer (CRO), assesses the firm’s capital management framework, regulatory capital policies and related interpretations and escalates certain interpretations to senior management and/or the appropriate risk committee. This oversight includes, among other things, independent review and challenge of our capital ratio targets, planned capital actions and regulatory capital calculations; analysis of the related documentation; independent testing; and an assessment of the appropriateness of the calculations and their alignment with the relevant regulatory capital rules.

RESPONSIBILITIES

  • Understanding capital regulations (., PRA Basel 3.1, US capital rules) and determining appropriate capital interpretations
  • Monitoring, summarizing and challenging the impact of and risk appetite associated with the implementation of the regulatory capital rules
  • Assessing the impact of capital regulation on individual transactions, new products and business proposals
  • Validation of regulatory capital requirement approaches and calculations
  • Understanding and challenging the firm's overall capital management strategy
  • Communicating thoughtful analysis on sophisticated regulatory capital matters to senior managers, businesses, and regulators

SKILLS AND EXPERIENCE REQUIRED

  • Minimum of 3 years of experience at the PRA, European regulator, or bank with IRB/IMM/IMA approach permission
  • Strong attention to detail, intellectual curiosity and commitment to excellence
  • Strong organizational skills - ability to manage a constantly evolving inflow of projects and priorities
  • Effective communicator - both orally and in writing
  • Team player - ability to maintain mutual support within a high-profile team
  • Self-motivated, proactive and willing to take on additional responsibilities, ability to run with issues, and get involved as necessary
  • Ability to conduct research, analyze technical regulatory papers and identify relevant issues
  • Understanding of banking organizations, financial products; ability to analyze new trades and businesses with particular focus on regulatory capital implications


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 /careers.

We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process.

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Risk, Capital Risk, Associate, London • London, Greater London, England, United Kingdom

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