Finance & Risk Engineering - Model Risk Management Tech - Java Developer
What We Do
At Goldman Sachs, our Engineers don't just make things - we make things possible. Change the world by connecting people and capital with ideas. Solve the most challenging and pressing engineering problems for our clients. Join our engineering teams that build massively scalable software and systems, architect low latency infrastructure solutions, proactively guard against cyber threats, and leverage machine learning alongside financial engineering to continuously turn data into action. Create new businesses, transform finance, and explore a world of opportunity at the speed of markets.
Engineering, which is comprised of our Technology Division and global strategists groups, is at the critical center of our business, and our dynamic environment requires innovative strategic thinking and immediate, real solutions. Want to push the limit of digital possibilities? Start here.
Who We Look For
Goldman Sachs Engineers are innovators and problem-solvers, building solutions in risk management, big data, mobile and more. We look for creative collaborators who evolve, adapt to change and thrive in a fast-paced global environment.
In Finance & Risk Engineering, you'll find an exciting confluence of computer science, finance and mathematics being used to solve for what our shareholders would like from us - a high return for the right risk taken.
Are you interested in learning about risk and finance or perhaps expanding what you know, while still staying close to your roots as a software engineer? As a business software engineer in the Finance & Risk Engineering organization under the Technology Division, you will have the opportunity to impact one or more aspects of risk management and financial reporting, while working in small, nimble teams to provide technical products that meet our constantly changing business needs. Our partnership with the Finance and Risk Divisions, respectively, directly correlates to Goldman Sachs' core competencies - monitoring, measuring and reporting not only risk exposures, but also financial transactions. We engage with senior leadership across various areas of the firm, in addition to a number of divisional committees and regulatory entities. Wherever your interests fall, you will find your calling amidst our diverse mix of teams and functions. Specific to MRMT, the Model Risk Management Technology (MRMT) team partners with the firm's Model Risk Management (MRM) group in Risk division to define implement and support various MRM functions including model Inventorization, inventory attestation, risk assessment, validation, finding management, process verification and change control. The team completely owns IT Infrastructure and drives the technology implementation to cater to these evolving functions. The systems built by the team, are used by MRMs, Model developers and Model owners across the firm. Our projects include developing modules to review historical model data, applying analytics and machine learning to detect/flag Anomalies in Model behavior and evaluate if changes in products, clients or market conditions necessitate adjustment, redevelopment or replacement of existing models. MRMT team members work on the full technological stack in a fast paced iterative development environment. As an engineer in this team, you will make significant contributions to the firm's Model Risk Management framework and governance structure.
RESPONSIBILITIES AND QUALIFICATIONS
HOW YOU WILL FULFILL YOUR POTENTIAL
• Candidates will have extensive interaction with Model Risk analysts, quantitative analysts, and front office technologists and strategists
• High profile and mission critical projects will require candidates to become familiar with the underlying businesses and product lines we support, as well as our coding and design standards
SKILLS AND EXPERIENCE WE ARE LOOKING FOR
• 1+ years of expertise and professional experience in at least one of Java, C++, Python, C#
• Knowledge of relational database technologies such as Sybase or DB2
• Willingness to embrace a proprietary development language (SecDB and Slang)
• Track record of technical excellence with an emphasis on quality and focus on testing and continuous improvements
• Demonstrate strong problem solving & analytical skills
• Working knowledge and proficiency in software engineering principles applicable to large-scale systems, backed up by real-project implementation experience
• Be hands-on and take ownership of issues to ensure follow-through
• Have strong communication skills and feel comfortable working in a global team that both welcomes and challenges new ideas
• Have experience of partnering with clients to deliver benefits to the business
• Knowledge of some area of trading, and basic familiarity with one or more categories of financial instruments
• Strong Interest in Finance & Risk
• Critical/objective thinker, able to think through processes and engineer workflows
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.
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