Technology, Finance Engineering, Market Risk Regulatory Stress Development Engineer, Associate,

Goldman Sachs
United Kingdom
12 Nov 2017
17 Nov 2017
Contract Type
Full Time
MORE ABOUT THIS JOB TECHNOLOGY Our team of engineers builds solutions to the most complex problems. Wedevelop cutting-edge systems and processes that form the core of our keybusiness and enable transactions to move in milliseconds. We providereal-time access to critical deal information and crunch billions ofdata points each day to inform firm-wide market insights and strategies.Team members have the opportunity to work at the forefront of technologyinnovation alongside industry leaders and make significant contributionsto the field. OUR IMPACT In Finance & Risk Engineering, you'll find an exciting confluence ofcomputer science, finance and mathematics being used to solve for whatour shareholders would like from us - a high return for the right risktaken. Manages global market risk by calculating Value-at-Risk (VaR) and StressTests. Those measures are used to present an accurate picture of thefirmwide risk exposure, thereby informing the firm's management andtrading desks on how the day-to-day movements of the market will impactits balance sheet, and how to protect capital. VaR metrics are sent tothe Fed and other global regulators on a regular basis. YOUR IMPACT A role in Finance Engineering in our Market Risk Technology team, offersan exciting opportunity in the confluence of computer science, finance,and mathematics to solve some of the most complicated and importantproblems in the firm. Make a significant technological impact bybuilding efficient systems to manage Market Risk exposures, helpoptimize allocation of regulatory capital and discover new financialefficiencies through implementing smart, adaptive algorithms to optimizecomputational utilization solving for "Knapsack Problem" typecombinatorial efficiencies. Embrace emerging Machine Learning basedtechniques to analyze billions of date points daily in multi-dimensionalaggregation and analytics. We are looking for an associate level candidate to develop ournext-generation market risk management applications, platforms, toolsand analytics that support our Risk Division. Our technology team isinseparable from our clients in the Risk Division, with whom we partnerto develop the modelling and implementation of financial instrumentpricing and hypothetical scenario calculations for both internal riskmanagement and regulatory driven risk functions.RESPONSIBILITIES AND QUALIFICATIONS HOW YOU WILL FULFILL YOUR POTENTIAL Use engineering and/or scientific background to identify and measure risk and to implement technical risk management solutions in software Partner with our risk managers at every step of requirements gathering for new stress tests of regulatory commitments Understand business needs and hone your ability to translate them into a technical design and implementation Mentor junior development engineers while developing new skills of your own Influence architectural discussions and drive continuous improvement of the data platform Apply analytics to drive commercial outcomes and communicate with precision and claritySKILLS & EXPERIENCE WE'RE LOOKING FORBASIC QUALIFICATIONS Bachelors degree in Computer Science, Mathematics, Engineering, or related discipline 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 Excellent verbal and written communication skills Comfortable working in highly dynamic and rapid development environment Interest in financial markets and riskPREFERRED QUALIFICATION Minimum 3 years of experience in a software engineering role Project lead and / or management experience preferable ABOUT GOLDMAN SACHS The Goldman Sachs Group, Inc. is a leading global investment banking,securities and investment management firm that provides a wide range offinancial services to a substantial and diversified client base thatincludes corporations, financial institutions, governments andindividuals. Founded in 1869, the firm is headquartered in New York andmaintains offices in all major financial centers around the world. The Goldman Sachs Group, Inc., 2017. All rights reserved Goldman Sachs is an equal employment/affirmative action employerFemale/Minority/Disability/Vet. - provided by Dice COMPUTER SCIENCE, DEGREE, MACHINE LEARNING, MARKET RISK, MATHEMATICS, RISK MANAGEMENT, RISK TECHNOLOGY, SOFTWARE ENGINEERING