Risk - Analytics & Reporting - Vice President - Birmingham Birmingham · United Kingdom · Vice P[...]

Goldman Sachs; Birmingham; On-site; GBP 60,000 - 90,000; Full time

Job summary

A leading global investment banking firm in Birmingham seeks a candidate skilled in risk analytics. The role emphasizes developing tools for risk reporting and requires a quantitative background. Ideal candidates possess strong communication skills and have over five years of relevant industry experience. Opportunities for professional growth are plentiful.

Benefits

Healthcare and medical insurance

Competitive vacation policies

On-site child care services

Fitness reimbursement programs

Qualifications

• Self-motivated and team-oriented spirit.
• 5+ years of industry experience.
• Background in non-financial risk management.

Responsibilities

• Develop and maintain engaging approaches for risk insights.
• Enhance processes for risk and capital measurements.
• Test and integrate new workflows for risk data.

Skills

Creative thinking

Excellent communication skills

Knowledge of mathematics and numerical algorithms

Interest in risk analytics

Education

Master's or Bachelor's degree in mathematics, physics, econometrics or engineering

Job description

Overview

Analytics & Reporting is a group within Risk Engineering in the Risk Division of Goldman Sachs. The group is responsible for reviewing, publishing, explaining, analyzing & communicating the firm’s risk & capital metrics.

Risk Engineering is responsible for providing the Chief Risk Officer, senior management, regulators, and other stakeholders with high quality risk information required to keep the firms activities within the defined risk appetite and comply with regulatory requirements. 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.

More broadly, 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 is organized into the following subgroups:

• Analytics & Reporting (A&R)
• Risk Applications Platform & Data (RAPD)
• Risk Architecture

Responsibilities

• A&R are responsible for reviewing, publishing, interpreting and communicating the firm’s independent and authoritative risk & capital measures, which includes:
• Developing & maintaining engaging approaches to share curated risk insights through interactive dashboard tools.
• 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 metrics continue to operate in line with intent.
• Understanding financial & non-financial risk to evaluate, explain and justify features observed in the Firm’s risk data.
• 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
• Providing independent risk & capital metric process consulting for new or existing business activities in the Firm.
• Liaising with groups such as Modelers/Strategists, 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

Opportunity

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 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 institution 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.

Qualifications

Eligible candidates are preferred to have the following skills and aptitude:

• Entrepreneurial, creative, self-motivated and team-orientated
• Excellent written and verbal communication skills.
• Masters or Bachelors degree in a quantitative discipline such as mathematics, physics, econometrics or engineering.
• Practical knowledge of mathematics and numerical algorithms, including statistics and time series analysis.
• Background in non-financial risk management, including operational (execution and processing, cyber, resilience, third party, etc), compliance and enterprise risk disciplines
• Experience with, or keen interest to develop expertise in, development of risk analytics, interpretation & productivity tools for cultivating insights into risk & capital metric data.
• 5+ years of industry experience.

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: 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.