Risk, Capital Risk, Associate

Risk

Our Risk teams develop comprehensive processes to monitor, assess, and manage the risk of expected and unexpected events that may have an adverse impact on the firm. Risk professionals execute critical day-to-day risk management activities, lead projects, and contribute to the ongoing advancement of a robust risk management program. Effective coordination with executive management, business units, control departments, and technology is critical for success.

Capital Risk, part of the firm’s second line of defense and reporting to our chief risk officer (CRO), assesses the firm’s capital management framework, regulatory capital policies, and related interpretations. The team oversees independent review of capital ratio targets, planned capital actions, and regulatory capital calculations, analyzes documentation, conducts independent testing, and evaluates the appropriateness and regulatory alignment of these calculations.

• Understand capital regulations (e.g., PRA Basel 3.1, US capital rules) and determine appropriate capital interpretations.
• Monitor, summarize, and challenge the impact of regulatory capital rules and associated risk appetite.
• Assess how capital regulation affects individual transactions, new products, and business proposals.
• Validate regulatory capital requirement approaches and calculations.
• Understand and challenge the firm’s overall capital management strategy.
• Communicate thoughtful analysis on sophisticated regulatory capital matters to senior managers, businesses, and regulators.

• Minimum of 3 years of experience at the PRA, European regulator, or bank with IRB/IMM/IMA approach permission.
• Strong attention to detail, intellectual curiosity, and commitment to excellence.
• Strong organizational skills and ability to manage evolving projects and priorities.
• Effective communication skills, both oral and written.
• Team player, able to maintain mutual support within a high-profile team.
• Self‑motivated, proactive, and willing to take on additional responsibilities.
• Ability to conduct research, analyze technical regulatory papers, and identify relevant issues.
• Understanding of banking organizations, financial products, and ability to analyze new trades and businesses with a focus on regulatory capital implications.

Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity.

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