Associate Model, Risk,Governance Associate Model, Risk,Governance …

Goldman Sachs
in Dallas, TX, United States
Permanent, Full time
Be the first to apply
Competitive
Goldman Sachs
in Dallas, TX, United States
Permanent, Full time
Be the first to apply
Competitive
Associate Model, Risk,Governance
>

Model Risk Governance, Analyst

Dallas

MORE ABOUT THIS JOB

The Model Risk Management (MRM) group is a multidisciplinary group of quantitative experts at Goldman Sachs with presence in New York, Dallas, London, Warsaw, Singapore, Hong Kong, and Bangalore.

MRM is responsible for independent oversight of the firms model risk, ensuring compliance with the Model Control Policy, and evidencing effective challenge over model development, documentation, implementation, and usage.

The groups primary mandate is to manage risk that arises from model use through the firms range of businesses including derivatives, securities and other investments valuation; market, credit and operational risk management; liquidity and capital computations; and more.

RESPONSIBILITIES AND QUALIFICATIONS

JOB RESPONSIBILITIES 

Model Governance

  • Establish, maintain and enforce the MRM framework and governance structure
  • Automate and manage processes related to firmwide requirements supporting the MRM framework.
  • Establish requirements specific to Model Inventory, and support quarterly attestations across all divisions in the firm.
  • Oversee ongoing Model performance monitoring jointly with Model Validation and enforce change control procedures
  • Manage Model validation findings, including tracking and escalation of findings.
  • Maintain model inventory data integrity by resolving exceptions from automated checks on inventory changes
  • Help process new model classifications, changes, deactivations.
  • Provide ad-hoc analysis on model inventory.
  • Liaise with MRM Technology team to support Model Inventory Management
  • Resolve inquiries from model stakeholders and owners on models inventory.
  • Provide support to regulatory processes including IMA/IMM applications, ICAAP, etc 

QUALIFICATIONS 

  • Bachelors degree in mathematics, computer science, hard sciences, financial engineering or finance.
  • Strong programming skills, including object oriented languages and scripts (e.g., SQL, Access, VBA).
  • Excellent analytical, quantitative, interpersonal and organizational skills. Team oriented.
ABOUT GOLDMAN SACHS

Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet. ? The Goldman Sachs Group, Inc., 2015. All rights reserved.

Please note division and function examples are representative of opportunities common for this skill-set. The list is not exhaustive, and availability of open roles is determined based on business need. Specific roles will be confirmed through the interview process.

RESPONSIBILITIES AND QUALIFICATIONS

Model Risk Governance, Analyst

Dallas

MORE ABOUT THIS JOB

The Model Risk Management (MRM) group is a multidisciplinary group of quantitative experts at Goldman Sachs with presence in New York, Dallas, London, Warsaw, Singapore, Hong Kong, and Bangalore.

MRM is responsible for independent oversight of the firms model risk, ensuring compliance with the Model Control Policy, and evidencing effective challenge over model development, documentation, implementation, and usage.

The groups primary mandate is to manage risk that arises from model use through the firms range of businesses including derivatives, securities and other investments valuation; market, credit and operational risk management; liquidity and capital computations; and more.

RESPONSIBILITIES AND QUALIFICATIONS

JOB RESPONSIBILITIES 

Model Governance

  • Establish, maintain and enforce the MRM framework and governance structure
  • Automate and manage processes related to firmwide requirements supporting the MRM framework.
  • Establish requirements specific to Model Inventory, and support quarterly attestations across all divisions in the firm.
  • Oversee ongoing Model performance monitoring jointly with Model Validation and enforce change control procedures
  • Manage Model validation findings, including tracking and escalation of findings.
  • Maintain model inventory data integrity by resolving exceptions from automated checks on inventory changes
  • Help process new model classifications, changes, deactivations.
  • Provide ad-hoc analysis on model inventory.
  • Liaise with MRM Technology team to support Model Inventory Management
  • Resolve inquiries from model stakeholders and owners on models inventory.
  • Provide support to regulatory processes including IMA/IMM applications, ICAAP, etc 

QUALIFICATIONS 

  • Bachelors degree in mathematics, computer science, hard sciences, financial engineering or finance.
  • Strong programming skills, including object oriented languages and scripts (e.g., SQL, Access, VBA).
  • Excellent analytical, quantitative, interpersonal and organizational skills. Team oriented.
ABOUT GOLDMAN SACHS

Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet. ? The Goldman Sachs Group, Inc., 2015. All rights reserved.

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