RISK BUSINESS
The Risk Business identifies, monitors, evaluates, and manages the firm’s financial and non-financial risks in support of the firm’s Risk Appetite Statement and the firm’s strategic plan. Operating in a fast paced and dynamic environment and utilizing the best in class risk tools and frameworks, Risk teams are analytically curious, have an aptitude to challenge, and an unwavering commitment to excellence.
Overview
To ensure uncompromising accuracy and timeliness in the delivery of the risk metrics, our platform is continuously growing and evolving. Risk Engineering combines the principles of Computer Science, Mathematics and Finance to produce large scale, computationally intensive calculations of risk Goldman Sachs faces with each transaction we engage in.
As an Engineer in the Core Engineering organization, you will have the opportunity to impact one or more aspects of risk management. You will work with a team of talented engineers to drive the build & adoption of common tools, platforms, and applications. The team builds solutions that are offered as a software product or as a hosted service. We are a dynamic team of talented developers and architects who partner with business areas and other technology teams to deliver high profile projects using a raft of technologies that are fit for purpose (Java, Cloud computing, HDFS, Spark, S3, ReactJS, Sybase IQ among many others). A glimpse of the interesting problems that we engineer solutions for, include acquiring high quality data, storing it, performing risk computations in limited amount of time using distributed computing, and making data available to enable actionable risk insights through analytical and response user interfaces.
WHAT WE LOOK FOR
- Senior Developer in large projects across a global team of developers and risk managers
- Performance tune applications to improve memory and CPU utilization.
- Perform statistical analyses to identify trends and exceptions related Market Risk metrics.
- Build internal and external reporting for the output of risk metric calculation using data extraction tools, such as SQL, and data visualization tools, such as Tableau.
- Utilize web development technologies to facilitate application development for front end UI used for risk management actions
- Develop software for calculations using databases like Snowflake, Sybase IQ and distributed HDFS systems.
- Interact with business users for resolving issues with applications.
- Design and support batch processes using scheduling infrastructure for calculation and distributing data to other systems.
- Oversee junior technical team members in all aspects of Software Development Life Cycle (SDLC) including design, code review and production migrations.
Skills And Experience
- Bachelor’s degree in Computer Science, Mathematics, Electrical Engineering or related technical discipline
- 6-9 years’ experience is working risk technology team in another bank, financial institution. Experience in market risk technology is a plus.
- Experience with one or more major relational / object databases.
- Experience in software development, including a clear understanding of data structures, algorithms, software design and core programming concepts
- Comfortable multi-tasking, managing multiple stakeholders and working as part of a team
- Comfortable with working with multiple languages
- Technologies: Scala, Java, Python, Spark, Linux and shell scripting, TDD (JUnit), build tools (Maven/Gradle/Ant)
- Experience in working with process scheduling platforms like Apache Airflow.
- Should be ready to work in GS proprietary technology like Slang/SECDB
- An understanding of compute resources and the ability to interpret performance metrics (e.g., CPU, memory, threads, file handles).
- Knowledge and experience in distributed computing – parallel computation on a single machine like DASK, Distributed processing on Public Cloud.
- Knowledge of SDLC and experience in working through entire life cycle of the project from start to end
Skills Required
- Bachelor's degree in Computer Science, Mathematics, Electrical Engineering, or a related technical discipline
- 6-9 years of experience working on risk technology teams at a bank or financial institution
- Experience with one or more major relational or object databases
- Software development experience, including data structures, algorithms, software design, and core programming concepts
- Experience with Scala, Java, Python, Spark, Linux, shell scripting, TDD, and build tools such as Maven, Gradle, or Ant
- Experience with process scheduling platforms such as Apache Airflow
- Ability to work with Goldman Sachs proprietary technologies such as Slang and SECDB
- Understanding of compute resources and performance metrics including CPU, memory, threads, and file handles
- Knowledge and experience in distributed computing and parallel processing, including DASK and public cloud environments
- Knowledge of the software development lifecycle and experience managing projects through completion
- Market risk technology experience
Goldman Sachs Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Goldman Sachs and has not been reviewed or approved by Goldman Sachs.
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Healthcare Strength — Coverage includes medical, dental, vision, disability, life and accident insurance, with multiple plan options and most premiums subsidized; coverage often starts on day one. Wellness resources, on-site health centers in some locations, and EAP access reinforce the depth of health support.
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Parental & Family Support — Family care includes on-site childcare in some offices, expectant parent resources, and transitional programs for returning parents. Feedback suggests parental leave is very generous, with reports of around 20 weeks paid leave and stipends for adoption, surrogacy, and fertility-related services.
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Retirement Support — The firm provides a 401(k) plan with employer matching contributions and broad financial education to help employees plan for retirement. Resources also support saving for education and preparing for unexpected events.
Goldman Sachs Insights
What We Do
At Goldman Sachs, we believe progress is everyone’s business. That’s why we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, Goldman Sachs is a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices in all major financial centers around the world. More about our company can be found at www.goldmansachs.com





