The Credit Risk Management Department (CRM) is a central part of the Goldman Sachs risk management framework. CRM is independent of the revenue-producing divisions and reports to the firm's chief risk officer. CRM has primary responsibility for assessing, monitoring, and managing credit risk across the firm. The department also plays a key role in implementing and managing the firm's credit risk related regulatory requirements.
We are seeking an analyst to join the Regulatory and Analytics Verification team. As a member of the Regulatory and Analytics Verification team within CRM, you will play a key role in the credit risk management function and overall capital adequacy process at Goldman Sachs. The Regulatory and Analytics team is responsible for providing management with current, accurate, and informative analysis of the firm's credit risk. The team is also responsible for aspects of the firm's credit risk-related regulatory requirements including risk based capital requirements (Basel III) and Comprehensive Capital Analysis and Review (CCAR).
Best practice and regulation require that banking organizations have a rigorous internal control framework which includes an independent review and verification function. The analyst will work with the Regulatory and Analytics Verification team to challenge processes that are central to our reporting and ensure that internal systems supporting regulatory compliance are properly designed, documented, and implemented.
Review Process Will Cover:
- Interpreting and confirming compliance with applicable rules and regulation
- Transaction testing to ensure completeness
- Efficacy and appropriateness of data capture/aggregation and reporting
- Accuracy of risk measurement
- Development and implementation of automated data validation
- Information technology and automation
- New products or product modifications
- Bachelor Degree Required
- Minimum of one (1) year experience in either Audit, Technology, Risk Management, or Regulatory Control/Reporting
- Public audit experience
- Technology background
- Experience with data manipulation and analytics
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.
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Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.