Goldman Sachs Risk Engineering - Analytics & Reporting Analyst – New York 

United States, New York, New York 

588262998

Risk Engineering (“RE”), which is part of the Risk Division, is a central part of the Goldman Sachs risk management framework, with primary responsibility to provide robust metrics, data-driven insights, and effective technologies for risk management. RE is staffed globally with offices including New York, Dallas, Salt Lake City, London, Warsaw, Bengaluru, Singapore, and Tokyo. The Market Risk Capital group in RE is a multidisciplinary group of quantitative and analytics experts focusing on market risk and capital measures. The group is primarily responsible for reviewing, publishing, interpreting, and communicating the firm’s independent and authoritative risk and capital measures, with additional responsibilities in developing, implementing, and maintaining a range of models and quantitative tools.

The responsibilities will include:

• Understand financial risk by analyzing pricing, risk and capital model outputs to evaluate, explain and justify features observed in the firm’s market risk data
• Enhance and manage processes that quantify, review, explain and convey insight for risk and capital measures for a large, diverse set of financial products or activities across the firm. This involves developing and maintaining models and tools to understand risk & capital metrics at varying levels of aggregation across the firm
• Provide quantitative and qualitative risk analysis, to estimate financial risk of the firm’s transactions
• Streamline and automate risk analysis and reporting to enhance the firm’s metric accuracy, timeliness, and availability for stakeholders within and outside of the Risk Division
• Develop, test, and integrate new/enhanced workflows and write/maintain corresponding documentation
• Perform anomaly detection on large data sets, investigate root cause, and recommend corrective actions
• Liaise with groups such as Engineers, Controllers, and Business to understand and explain observations in risk data
• Build and maintain a comprehensive set of reports and presentations for market risk capital for reporting to regulators, internal risk committees and senior leadership across Risk, Controllers, and the Business
• Communicate complex ideas with internal/external stakeholders such as risk managers, market making businesses, technology, and senior management.

WHAT WE LOOK FOR

The role is ideal for collaborative individuals who have sound technical skills, financial risk acumen, strong ethics, and attention to detail. Whether market risks associated with trading activities or offering analytical insights and engaging with the firm’s regulators, the role gives you a holistic experience of being a risk management professional.

In performing the job function, you will have the following opportunities:

• Exposure to industry leading market data, pricing, risk & capital models for all activities that the firm engages in across divisions
• Development of quantitative and programming skills as well as product and market knowledge
• Exposure to challenging quantitative problems such as modeling risks for complex financial products and advanced analysis/approximation techniques for risk measurement
• Exposure to large volumes of data and the tools & techniques to interact with, and make meaningful interpretations from such data
• Engagements in critical internal risk management activities, and report risk metrics/analysis to both internal and external governing bodies
• Work in a dynamic and highly creative team construct and consensus-orientated environment
• Opportunities to collaborate with senior members of the firm and a wide variety of groups across all areas of the firm

SKILLS AND RELEVANT EXPERIENCE

• Preferred Master’s Degree in a quantitative field such as Mathematics, Statistics, Physics, or Financial Engineering
• Deep knowledge in statistical modeling, such as regression, time series analysis, machine learning etc.
• Strong programming skills and experience with languages, such as C++, Python, R, Matlab
• Familiar with options and derivatives pricing theories
• Experience with, or keen interest to develop expertise in risk, and capital models
• Experience with, or keen interest to develop expertise in financial markets & economics
• Excellent written and verbal communication skills
• Entrepreneurial, creative, self-motivated, and team-orientated

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