Vice President Risk Quant Jobs in Texas (NOW HIRING)

Engineering Division - Dallas - Vice President, Risk Governance - 10427762 location_on Dallas, TX, United States

Job Duties: Vice President, Risk Governance with Goldman Sachs Services LLC in Dallas, Texas. Responsible for identifying, analyzing, and monitoring areas of risk as it pertains to business processes and controls. Responsible for determining, negotiating and agreeing on firm/business quality procedures, standards and specifications. Assess business requirements and ensuring that these are met; acting as a catalyst for change and improvement in performance and quality; monitoring performance. Ensure appropriate oversight for the risk profile of the aligned segment. Establish effective supervisory structures, appropriate segment governance forums, including divisional operational risk and resilience councils (“ORRCs”). Attend regular risk meetings to review exceptions across business units, ask probing questions to establish potential market, client, and other risks that may be contained within aligned workflows. Identify risks within the operational risk profile of the segment, including emerging risks. Share risk best practice across teams and functions, as well as with other business lines where processes exist or there is exposure to similar risks, thereby ensuring effective controls are in place to mitigate those risks. Assess Inherent Risks (IRs) and Residual Risks (RRs) to ensure Risk and Control Self-Assessment (RCSA) risk and control review accurately reflects the current risk environment and quality of operational controls. Define thematic RCSA issues to help structure remediation plans regarding significant open risks or control deficiencies and aid with execution of Control Assurance requirements for in-scope controls. Socialize lessons learned to improve our risk and control framework.

Job Requirements: Master’s degree (U.S. or foreign equivalent) in Finance, Financial Engineering, Mathematics or related field and three (3) years of experience in the job offered or a related risk governance role OR Bachelor’s degree (U.S. or foreign equivalent) in Finance, Financial Engineering, Mathematics or related field and five (5) years of experience in the job offered or a related risk governance role.Prior experience must include three (3) years of experience (with a Master’s degree) OR five (5) years of experience (with a Bachelor’s degree) with: performing statistically driven analysis using various data analytical techniques to identify trends and propose process enhancements; creating, developing, and enhancing probabilistic and deterministic financial models; leveraging knowledge of regulatory capital regimes, including the Basel and CCAR framework, to calculate and optimize return on equity; running scenario analyses, including stressed loss calculations, used in various efforts to minimize a segment’s exposure to market dislocations and economic shocks, and preparing associated summary presentations for management; visualizing complex data analyses from raw data in risk management reports, using visualization tools such as Tableau, and communicating results to a wide variety of audiences; leveraging analytics and automation experience to propose effective and efficient methods to enhance testing and sampling strategies to ensure the most effective risk detection and analyses; and developing processes and tools to identify and monitor data accuracy.

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.

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