RESPONSIBILITIES As a Vice President in Enterprise Risk based in London, you will be working closely with the EMEA Chief Risk Officer and leading the Risk Division's regional entity governance, including the associated Risk Appetite framework, engagement on significant new business initiatives and managing the regional Risk Committee and Board Risk Committee for the main EMEA entities of Goldman Sachs. Primary responsibilities include:
Protect and manage the firm's risk profile by developing or enhancing internal risk processes and frameworks to address the evolving activities of the firm
Lead the design of the Risk Appetite Statement framework incorporating assessments on business strategy, capital planning, capacity allocation and limit calibration
Oversee the ICAAP process across Risk functions and liaise with teams to ensure appropriate risk identification, scenario design, tail risks quantification and capital planning commensurate with the entity risk appetite
Contribute to the evaluation and assessments of the risks associated with the new activities. Interact with stakeholders within the Risk Division and across other Divisions as part of the project evaluations and ensure timely progress on Risk considerations and deliverables
Oversee presentations and escalation material to the regional Chief Risk Officer, the global Division head and other Managing Directors in the Risk function
Manage the regional Risk Committee and Board Risk Committee materials, working closely with the regional Chief Risk Officer, the heads of Risk functions, as well as stakeholders in Executive Office, Legal and Controllers.
7-10 years of work experience
Strong familiarity with investment banking products including loan products and derivatives
Strong documentation, analytical, presentational and communication skills
Ability to comfortably and effectively interact with internal risk experts, business units and various stakeholders outside of the Risk Division, including senior management
Strong organizational skills and the ability to manage multiple assignments concurrently
Proficient in Excel, PowerPoint and Word
Functional Expertise - Keeps up-to-date with emerging regulation, as well as business, economic, and market trends that may have implications for credit risk capital.
Technical Skills - Demonstrates strong technical skills required for the role, pays attention to details, takes initiative to broaden his/her knowledge and demonstrates appropriate financial/analytical skills
Drive and Motivation - Successfully handles multiple tasks, takes initiative to improve his/her own performance, works intensely towards extremely challenging goals and persists in the face of obstacles or setbacks
Client and Business Focus - Effectively handles challenging requests, builds long-term relationships with internal and external stakeholders, helps to identify/define needs and manages expectations.
Teamwork - Gives evidence of being a strong team player, collaborates with others within and across teams, encourages other team members to participate and contribute and acknowledges others' contributions
Communication Skills - Communicates what is relevant and important in a clear and concise manner, shares information/new ideas with others, and demonstrates judgment to escalate as appropriate.
Judgment and Problem Solving - Thinks ahead, anticipates questions, plans for contingencies, finds alternative solutions and identifies clear objectives. Sees the big picture and effectively analyses complex issues
Creativity/Innovation - Looks for new ways to improve current processes and develop creative solutions that are grounded in reality and have practical value
WHO WE ARE
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 high-net-worth individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centres around the world.