Risk - Quant/Strats - Model Risk Management - Analyst/Associate - Bengaluru

  • Competitive
  • Bangalore, Karnataka, India Bangalore Karnataka IN
  • Permanent, Full time
  • Goldman Sachs International
  • 22 Apr 18 2018-04-22

Risk - Quant/Strats - Model Risk Management - Analyst/Associate - Bengaluru

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


The MRM group looks for people with strong quantitative and technological background. Prior experience in finance is not required but the candidate should have interest in the financial markets. Successful candidates should have strong communication skills with the ability to explain quantitative models in an intuitive way.
The group is looking for bright and dynamic individuals who:
• Have strong quantitative skills with a degree in a quantitative discipline (e.g., Engineering, Computer Science, Physics, Mathematics, Statistics or Econometrics)
• Have strong background in programming and/or algorithms
• Background in stochastic models, numerical techniques, statistics or machine learning is a plus
• Have strong history of professional or academic achievement
• Are comfortable in evaluating and challenging complex models and explaining issues in an intuitive way
• Are team players and have the ability to come up with solutions quickly, think through and debate solutions with other
• Are comfortable working in a fast paced


The Model Risk Management (MRM) group is a multidisciplinary group of quantitative experts at Goldman Sachs with presence in New York, London, Singapore, Hong Kong, and Bangalore.
The group's primary mandate is to manage risk that arises from quantitative models used in the firm through its range of businesses - from models used for derivatives valuation to models used for risk management, liquidity and capital computations. In addition to independently reviewing these classes of models for their validity, theoretical consistency and implementation accuracy, the group is also responsible to assess the risk associated with model choice, e.g., exposure to choice of model in various contexts such as pricing exotic options or in calculating capital.

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

The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

© The Goldman Sachs Group, Inc., 2018. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.