• Vice President, Associate-Intermediate, RSK3855297

    Location(s) US-TX-Dallas
    Job ID
    2019-57069
    Schedule Type
    Full Time
    Level
    Vice President/Executive Director
    Function(s)
    Risk Management
    Region
    Americas
    Division
    Risk
    Business Unit
    Risk Engineering
    Employment Type
    Employee
  • MORE ABOUT THIS JOB

    Vice President, Associate-Intermediate with Goldman Sachs & Co. LLC in Dallas, TX.

     

    Work Schedule: 40 hours per week (9:00 a.m. to 6:00 p.m.)

    RESPONSIBILITIES AND QUALIFICATIONS

    Duties: Vice President, Associate-Intermediate with Goldman Sachs & Co. LLC in Dallas, TX. Head of the Americas and EMEA Calculation Team. Oversee the execution of algorithms and procedures, such as the calculation of daily risk measures (e.g. VaR, Stress Tests such as Interest Rate & Credit ‘Topsheets’ and Jump-to-Default) and other calculated risk measures including measures used for regulatory reporting (e.g. Symmetrized Historical Simulation (“SHS”) VaR, Correlation Trading Portfolio (“CTP”) nth-to-default stress scenarios). Responsibilities include ownership of the processes for calculation and the correctness and appropriateness of metrics. Ensure Market Risk and Capital Quantification (“MRCQ”) model output calculations are commensurate with model intent. Leverage advanced machine learning techniques, responsible for developing, maintaining and documenting algorithms and procedures to detect and flag exceptions such that they can be evaluated for potential intervening action. Ensure erroneous anomalies are fixed at root. Responsibilities including addressing issues directly as well as identifying faulty behavior of models and sub-systems and working with sub-system owners to implement fixes. Manage the Americas and EMEA Calculation team. Recruit, train and develop team members of multiple grade levels and provide technical and people management guidance for team members. Liaise with other areas of Market Risk Management and Analysis (“MRMA”) and external MRMA teams to ensure issues such as non-compliant bookings are resolved at root. Interact with regulators on topics calculation related topics.

     

    Job Requirements: Bachelor’s degree (US or foreign equivalent) in Physics, Mathematics, Engineering or a related Mathematical Science field. Five (5) years of experience in the job offered or in a related role. Must have: Experience with (and knowledge of) financial markets, including experience performing a risk management role for one or more businesses; experience with (and knowledge of) financial products and associated risk management procedures & policies, including technical system implementation); Financial engineering experience covering everything from derivative pricing, the intricacies of computing volatilities, to producing a Monte Carlo based on VaR; experience with (and knowledge of) discrete mathematics and statistical theory including command of numerical and statistical techniques as applied to finance (e.g. for option pricing); experience (and knowledge of) low level programming language, including a good command of object oriented (e.g. C++) programming, including experience with writing commercial software in Unix/Linux, solving heavily computational problems, grid computing, messaging, and handling large volumes of data; experience managing a medium size or large team located in different cities and regions; experience with designing training and teaching modules/leading training on technical subject matters, including experience ensuring the Calculation Team has the requisite skills to perform its role; Technical process management experience; and experience with operating in an environment where scientific debate and challenge is the norm. Occasional travel to visit teams in NY, Texas, and London is required. All travel expenses will be reimbursed by Goldman Sachs.

    ABOUT GOLDMAN SACHS

    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.

    © The Goldman Sachs Group, Inc., 2019. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.