Risk-DALLAS-Associate-Model Risk Governance

Location(s) US-TX-Dallas
Job ID
Schedule Type
Full Time
Risk Management
Business Unit
Model Risk Management
Employment Type


The Model Risk Management (MRM) group is a multidisciplinary group of quantitative experts at Goldman Sachs with presence in New York, Dallas, London, Warsaw, Singapore, Hong Kong, and Bangalore.


MRM is responsible for independent oversight of the firm’s model risk, ensuring compliance with the Model Control Policy, and evidencing effective challenge over model development, documentation, implementation, and usage.

The group’s primary mandate is to manage risk that arises from model use through the firm’s range of businesses – including derivatives, securities and other investments’ valuation; market, credit and operational risk management; liquidity and capital computations; and more.




Model Governance

  • Establish, maintain and enforce the MRM framework and governance structure
  • Operate processes related to firmwide requirements supporting the MRM framework.
  • Establish requirements specific to Model Inventory, and support quarterly attestations across all divisions in the firm.
  • Oversee ongoing Model performance monitoring jointly with Model Validation and enforce change control procedures
  • Manage Model validation findings, including tracking and escalation of findings.
  • Communicate and coordinate with Compliance to train key stakeholders on Model Control Policy and related requirements, including any significant changes.
  • Maintain model inventory data integrity by resolving exceptions from automated checks on inventory changes
  • Help process new model classifications, changes, deactivations.
  • Provide ad-hoc analysis on model inventory.
  • Liaise with MRM Technology team to support Model Inventory Management
  • Resolve inquiries from model stakeholders and owners on models inventory.
  • Provide support to regulatory processes including IMA/IMM applications, ICAAP, etc 



  • Bachelor’s degree in mathematics, computer science, hard sciences, financial engineering or finance.
  • Strong programming skills, including object oriented languages and scripts (e.g., SQL, Access, VBA).
  • Experience in a quantitative role in the Financial markets.
  • Excellent analytical, quantitative, interpersonal and organizational skills. Team oriented.


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



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