Job Description

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JOB TITLE : Goldman Sachs - Analytics & Reporting - Associate - Bengaluru

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. We commit people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Our people are our greatest asset - we say it often and with good reason. It is only with the determination and dedication of our people that we can serve our clients, generate long-term value for our shareholders and contribute to the broader public. We take pride in supporting each colleague both professionally and personally. From collaborative workspaces and ergonomic services to wellbeing and resilience offerings, we offer our people the flexibility and support they need to reach their goals in and outside the office.

RISK BUSINESS

The Risk Business identifies, monitors, evaluates, and manages the firm\'s financial and non-financial risks in support of the firm\'s Risk Appetite Statement and the firm\'s strategic plan. Operating in a fast paced and dynamic environment and utilizing the best in class risk tools and frameworks, Risk teams are analytically curious, have an aptitude to challenge, and an unwavering commitment to excellence.

BUSINESS UNIT - RISK ENGINEERING - ANALYTICS & REPORTING

Risk Engineering is a multidisciplinary group of quantitative experts who are the authoritative producers of independent risk & capital metrics for the firm. Risk Engineering, as a whole, is responsible for designing, implementing, executing, reviewing, interpreting, explaining and communicating risk & capital metrics used to independently ensure the firm adheres to its Risk Appetite and maintains the appropriate amount of Risk Capital. Risk Engineering accounts for approximately 600 of the 1300 employees in the Risk Division, and is responsible for providing the Chief Risk Officer, senior management, regulators, and other stakeholders with high quality risk deliverables required to keep the firms activities within its defined risk appetite and comply with regulatory requirements. To fulfill the Risk Division\'s mission, Risk Engineering: (1) builds and maintains services to identify risks; (2) accesses internal and external data; (3) develops models; and, (4) leverages services, data and models to compute, review and publish risk deliverables.

Capital Risk Analytics and Reporting (CRAR), within A&R is responsible for reviewing, publishing, interpreting and communicating the firm\'s independent and authoritative risk & capital measures, which includes:

• Enhancing and managing processes that quantify, review, explain & convey insight for risk & capital measurements for a large, diverse set of financial products or activities covering the whole firm. Either on an activity by activity basis or in aggregate. This involves developing and utilizing tools & signals to assist understanding risk & capital metrics, at varying levels of aggregation across the firm, in order to discover insight while ensuring liquidity metrics continue to operate in line with intent
• Understanding financial & non-financial risk by analyzing pricing, risk & capital model outputs to evaluate, explain and justify features observed in the firm\'s liquidity risk data
• Providing independent risk & capital metric process consulting for new or existing business activities in the firm
• Providing quantitative and qualitative risk analysis, including the use of risk modeling tools to help estimate the financial risk of the firm\'s transactions
• Developing & maintaining engaging approaches to share curated risk insights through interactive dashboard tools
• Automation engineering to improve control, reduce operational risks & costs and enhance the firm\'s metric timeliness & availability increasing awareness of significant risks
• Testing, developing & integrating new/updated workflows and documentation
• Overseeing the activities covering a group of products / markets, and providing technical and decision-making judgment and guidance and organizational infrastructure
• Performing anomaly detections in large data sets, investigating the cause and recommending corrective actions
• Liaising with groups such as Modelers/Strats, Technologists, Trading & Investing businesses, Operations & Controllers to understand & explain observations in Risk data.
• Coordinating with firm internal governing bodies such as Risk Committees and executive members of the firm
• Interacting with firm external governing bodies such as external regulators and industry bodies

WHAT WE LOOK FOR

This business is ideal for collaborative individuals who have strong ethics and attention to detail. Whether assessing the creditworthiness of the firm\'s counterparties, monitoring market risks associated with trading activities, or offering analytical and regulatory compliance support, our work contributes directly to the firm\'s success.

RESPONSIBILITIES

• In performing the job function, you will have the following opportunities:
• Work in a dynamic & highly creative teamwork and consensus-orientated environment
• Exposure to industry leading market data, pricing and risk & capital models for all activities the firm engages in
• Exposure to challenging quantitative problems such as modeling risks for derivatives, large scale Monte-Carlo simulations across the firm and advanced approximation techniques for risk measurements
• Exposure to large volumes of data (a.k.a \'Big Data\') and the tools & techniques to interact with, and determine meaningful interpretations of, such data
• Development of quantitative and programming skills
• Development of economic, financial product and market knowledge
• Engagement in critical internal risk management activities, and provision of data to both internal and external clients & firm governing bodies
• Opportunities to work with senior members of the firm and a wide variety of groups across all areas of the firm.

SKILLS AND RELEVANT EXPERIENCE

• Master\'s Degree in Business, Statistics with an undergraduate focus on quantitative field such as Mathematics, Physics, or Engineering
• Experience with, or keen interest to develop expertise in, pricing, risk and capital models
• Experience with, or keen interest to develop expertise in, financial markets & economics
• Practical knowledge of mathematics and numerical algorithms, including statistics and time series analysis
• Experience with, or keen interest to develop expertise in, programming skills with various languages such as Python, HTML, Javascript and/or C++
• Experience with, or keen interest to develop expertise in, development of risk analytics, interpretation & productivity tools for cultivating insights into risk & capital metric data
• Excellent written and verbal communication skills
• Entrepreneurial, creative, self-motivated and team-orientated

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:

\xc2\xa9 The Goldman Sachs Group, Inc., 2021. All rights reserved.

Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity

Goldman Sachs