Risk Management At Goldman Sachs
Risk management is a second line control function that oversees the activities of the first line businesses. The job of the Risk Management organization is to identify the risks incurred through business activity (Risk Identification), establish the risk appetite for these risks and ensure compliance with the risk appetite (through measuring, monitoring and limiting / controlling the risk at the firm).
Risk Engineering Product Management
Risk Engineering is responsible for providing the Chief Risk Officer, senior management, regulators, and other stakeholders with high quality risk information required to keep the firm's activities within the defined risk appetite and comply with regulatory requirements. Our user base spans thousands of users globally. We partner with Risk leaders across divisions, to fully understand the products, business strategies, and regulatory expectations. This knowledge enables us to build long-lasting software solutions, and to innovate with a purpose.
The Risk Engineering Product Management team is responsible for guiding products through all stages of their lifecycle, including research, design, scoping, delivery, promotion and post-launch monitoring. As a member of our team, you will partner globally across multiple divisions and engineering teams to create end-to-end solutions. You will be able to innovate and incubate new ideas, and you will learn and share knowledge across the organization. You will have an opportunity to work on a broad range of projects.
Your Role
As a VP, in the Risk Engineering Product Management team you will :
- Work with project sponsors, product owners and key business and engineering stakeholders to establish a clear product strategy and roadmap in line with overall product vision and broader Risk Engineering objectives
- Manage overall initiatives or specific work streams within a broader enterprise risk management initiative
- Work with Risk Engineering and Risk Division teams to understand business problems and deliver technology enabled solutions
- Challenge and shape business need and technology requirements
- Rationalize user requirements across a broad cross section of products and users
- Help Risk Engineering teams to clear roadblocks and deliver solutions
- Interact with business users for resolving issues with applications
- Drive and contribute to project decision-making
- Work with other engineering and functional teams in Goldman Sachs
Skills & Experience We Look For
Self-starter comfortable working in a dynamic engineering environmentSolid understanding of financial / banking industry with in-depth knowledge of Risk Management and / or Data Governance preferredSolid understanding of project and product management from initiation to implementation including functional design, testing and go-live plansExcellent stakeholder management and communication skills (written and verbal)Analytical problem solver and critical thinker able to examine current processes, propose improvements, socialize to obtain stakeholder feedback and build consensusSimplify technical content for those who are non-technicalSupport, influence and motivate others from project inception to completionFlexibility, ability to learn quicklyStrong organizational skills and the ability to manage multiple assignments concurrentlyStrive for personal and collaborative excellenceCollaborate efficiently within a diverse global team spanning multiple continentsBuild consensus across teams; think and implement stable and scalable designsTechnical skills : Excel, Power Point, WordCompetencies
Functional Expertise - Keeps up-to-date with emerging engineering, product and project management trendsDrive 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 setbacksClient and Business Focus - Effectively handles difficult requests, builds trusting, long-term relationships with clients, helps the client to identify / define needs and manages client / business expectationsTeamwork Performs as a strong team player, collaborates with others within and across teams, encourages other team members to participate and contribute and acknowledges others' contributionsCommunication 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 appropriateJudgment and Problem Solving - Thinks ahead, anticipates questions, plans for contingencies, finds alternative solutions and identifies clear objectives. Sees the big picture and effectively analyzes complex issuesCreativity / Innovation - Looks for new ways to improve current processes and develop creative solutions that are grounded in reality and have practical valueInfluencing Outcomes - Presents sound, persuasive rationale for ideas or opinions. Takes a position on issues and influences others' opinions by presenting persuasive recommendationsQualifications
Undergraduate degree in Business, Finance, or Technology6-8 years of transformation, strategy and / or product management experienceKnowledge of functional areas such as product management, engineering, user experience, project management, transformational change management, data governanceProven ability to influence cross-functional teams without direct authorityMust work well in a global team, multi-tasking environment and under pressureAdaptability and being comfortable with uncertaintyAbility to navigate large data sets, develop metrics and perform analysis is a plusThe ability (and tenacity) to clearly express ideas and arguments in meetings and on paper (i.e., great written and verbal communications skills)Knowledge of the financial industry and risk functions and consulting experience would be welcome but are not expectationsOpportunities
In performing the job function, you will have the following opportunities :
Work in a dynamic & highly creative teamwork and consensus-orientated environmentEngagement in critical internal risk management activities, and provision of data to both internal and external clients & firm governing bodiesOpportunities to work with senior members of the firm and a wide variety of groups across all areas of the firm