Software Engineering - Associate - Risk Division Job in Bangalore at Goldman Sachs

Goldman Sachs is hiring for the role of Software Engineering - Associate - Risk Division!

Responsibilities of the Candidates:

• Understand financial risk by analyzing pricing, risk, and capital model outputs to evaluate, explain and justify features observed in the firm’s market risk data
• Enhance and manage processes that quantify, review, explain, and convey insight for risk and capital measures for a large, diverse set of financial products or activities across the firm. This involves developing and maintaining tools to understand risk & capital metrics at varying levels of aggregation across the firm
• Provide quantitative and qualitative risk analysis, to estimate the financial risk of the firm’s transactions
• Streamline and automate risk analysis and reporting to enhance the firm’s metric accuracy, timeliness, and availability for stakeholders within and outside of the Risk Division
• Develop, test, and integrate new/enhanced workflows and write/maintain corresponding documentation
• Perform anomaly detection on large data sets, investigate the root cause, and recommend corrective actions
• Liaise with groups such as Modelers/Strats, Engineers, Controllers, and Business to understand and explain observations in risk data
• Build and maintain a comprehensive set of reports and presentations for market risk capital for reporting to regulators, internal risk committees and senior leadership across Risk, Controllers, and the Business
• Communicate complex ideas with internal/external stakeholders such as risk managers, market making businesses, technology, and senior management.

Requirements:

• Preferred Master’s Degree in a quantitative field such as Mathematics, Statistics, Physics, or Financial Engineering
• Deep knowledge in statistical modeling, such as regression, time series analysis, machine learning etc. 
• Strong programming skills and experience with languages, such as C++, Python, R, Matlab
• Familiar with options and derivatives pricing theories
• Experience with, or a keen interest in developing expertise in risk, and capital models
• Experience with, or a keen interest in developing expertise in financial markets & economics
• Excellent written and verbal communication skills
• Entrepreneurial, creative, self-motivated, and team-orientated