Model Risk Management Specialist

3 weeks ago


New York, New York, United States The Goldman Sachs Group, Inc Full time

About the Role

The Goldman Sachs Group, Inc is seeking a highly skilled Model Risk Management Specialist to join our team. As a Model Risk Management Specialist, you will be responsible for performing independent validation and approval of models, including raising and managing model validation findings.

Key Responsibilities

  • Perform independent validation and approval of models
  • Conduct annual review and revalidation of existing models
  • Oversee ongoing model performance monitoring, including benchmarking, process verification and outcome analysis performed by model developers
  • Communicate the results of model validation activities, model limitations and uncertainties to key stakeholders and management

Requirements

  • MRM considers candidates of all degree types, with preference for those in quantitative fields such as math, physics, engineering, computer science, or financial engineering
  • Excellent analytical, quantitative, interpersonal, and organizational skills
  • Strong programming skills
  • Additional skills/experiences that we value include model development and/or validation, electronic trading development and/or validation, algorithmic/quantitative/systematic trading strategies, hedge funds, and credit risk management

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. We believe who you are makes you better at what you do and are committed to fostering and advancing diversity and inclusion in our own workplace and beyond.



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