Risk - EMEA Stress Testing Engineer - Associate - Warsaw location_on Warsaw, Mazowieckie, Poland

Background

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.

Risk Engineering is a multidisciplinary group of quantitative experts who are the authoritative producers of independent risk & capital metrics for the firm. Risk Engineering is responsible for modelling, producing, reviewing, interpreting, explaining and communicating risk & capital metrics and analytics used to ensure the firm adheres to its Risk Appetite and maintains the appropriate amount of Risk Capital. Risk Engineering provides risk & capital metrics, analytics and insights to the Chief Risk Officer, senior management, regulators, and other firm stakeholders.

Analytics & Reporting (A&R) is a group within Risk Engineering in the Risk Division of Goldman Sachs. The group ensures the firm’s senior leadership, investors and regulators have a complete view of the positional, market, and client activity drivers of the firm’s risk profile allowing them to take actionable and timely risk management decisions.

Role Responsibilities

You will be part of the stress testing team responsible for:

• Delivering regular and reliable risk metrics, analytics and insights based on deep understanding of the firm’s businesses and its client activities.This involves enhancing and managing 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, considering multiple types of risk including credit, market and operational risk.
• Supporting the development and execution of the capital planning quantification and stress testing programme, including regulatory stress testing, internal capital adequacy assessment process, recovery planning, or any ad-hoc stress testing performed for multiple legal entities across EMEA.
• Building robust, systematic and efficient workflows around the production of risk analytics to streamline and automate risk analysis.
• Developing and maintaining engaging approaches to share curated risk insights through interactive dashboard tools.
• Proactively liaising with groups such as Modelers/Strats, Engineers, Controllers, and Business to understand and explain observations in risk data.
• Communicating complex ideas with internal/external stakeholders such as risk managers, senior management, the firm’s regulators and auditors.

Opportunities

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

• Work in a dynamic and 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 large volumes of data and the tools and 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 risk management activities and opportunities to work with senior members of the firm and a wide variety of groups across all areas of the firm.

Qualifications, Skills & Aptitude

The role is ideal for collaborative individuals who have sound technical skills, financial risk acumen, strong ethics, and attention to detail. Eligible candidates are preferred to have the following:

• Masters or Bachelors degree in a quantitative discipline such as data science, mathematics, physics, econometrics, computer science or engineering.
• 3-5 years of experience in financial, regulatory, consulting or project management area.
• Good organisational and time management skills, with experience in leading projects involving multiple teams.
• Entrepreneurial, analytically creative, self-motivated and team-oriented.
• Excellent written and verbal communication skills.
• Experience with programming in Python and/or SQL for extract transform load (ETL) operations and data analysis will be beneficial.
• Experience in developing data visualization and business intelligence solutions using tools such as Tableau and PowerBI is beneficial.
• Working knowledge of the financial industry, markets and products and associated risks.
• Working knowledge of statistical modelling, such as regression, time series analysis, machine learningis beneficial.
  
  

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. Were 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: https://www.goldmansachs.com/careers/footer/disability-statement.html

Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.

Healthcare & Medical Insurance

We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.

We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.

Financial Wellness & Retirement

We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.

Health Services

We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.

Fitness

To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).

Child Care & Family Care

We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.

Benefits at Goldman Sachs

Read more about the full suite of class-leading benefits our firm has to offer.