Risk-London-Analyst-Capital Risk London, England
Job description
The Goldman Sachs Group, Inc. is a leading global financial institution that delivers a broad range of financial services across investment banking, securities, investment management and consumer banking to a large 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.
Divisional Overview
The Risk Division is a team of specialists charged with managing the firm’s credit, market, liquidity, operational and capital risk. Whether assessing the creditworthiness of the firm’s counterparties, monitoring market risks associated with trading activities, or offering analytical and regulatory compliance support, our work contributes directly to the firm’s success. The division is ideal for collaborative individuals who have strong ethics and attention to detail.
The Capital Risk team within the Risk Division provides an independent view into the capital decisions across the firm. The team advises on regulatory capital interpretations and firmwide capital management decisions. The team’s primary functions include independent challenge of regulatory capital polices, interpretations and transactions.
Job Summary:
The candidate will be responsible for monitoring, analyzing, interpreting and challenging the regulatory capital associated with individual transactions, new products, broader business initiatives and the firm. This will involve working closely with a number of desks, Controllers, Legal, Corporate Treasury, Technology, etc., and will require a strong control mindset. Other responsibilities may include oversight of the firm’s capital strategy and the firm’s proximity to capital requirements.
Responsibilities:
- Understanding capital regulations and determining appropriate capital interpretations
- Monitoring, summarizing, challenging and generating thought leadership related to the impact of and risk appetite associated with the implementation of the regulatory capital rules
- Communicating thoughtful analysis on sophisticated regulatory capital matters to senior managers, businesses, risk departments and other impacted areas
- Assessing the impact of capital regulation on individual transactions, new products and business proposals
- Understanding and controlling the firm’s overall capital management strategy
Basic Qualifications:
- 6 months to 3 years of full time work experience
- Strong attention to detail, intellectual curiosity and commitment to excellence
- Strong organizational skills - ability to manage a constantly evolving inflow of projects and priorities
- Effective communicator - both orally and in writing
- Team player - ability to maintain mutual support within a high profile team
- Self-motivated, proactive and willing to take on additional responsibilities, ability to run with issues, and get involved as necessary
- Strong Microsoft Office skills, including Power Point, Word and Excel
- Control-oriented
- Ability to conduct research, analyze technical regulatory papers and identify relevant issues
- Understanding of banking organizations, financial products; ability to analyze new trades and businesses with particular focus on regulatory capital implications Work experience involving capital adequacy concepts (capital, leverage, liquidity, accounting, etc.), financial services or policy is a plus
