Risk, Capital Risk, Associate, New York

Goldman Sachs

New York, NY

Who this role is best for

Geared toward candidates with regulatory capital expertise and a collaborative mindset, comfortable with interpreting complex regulations and partnering with multiple internal teams.

Best fit for

Candidates with 3–5 years of experience in risk management or corporate treasury and a track record of regulatory interpretation
— “3–5 years of relevant experience in capital management, corporate treasury, risk management, or a related field.”
Individuals who can challenge interpretations and provide well-supported analysis to senior stakeholders
— “Demonstrated ability to independently assess, challenge, and defend regulatory interpretations with senior stakeholders and control functions.”
Professionals with a background in analyzing regulatory capital frameworks and financial products
— “Understanding of banking organizations and financial products, with the ability to assess the regulatory capital implications of new transactions and businesses.”

Things to consider

The role demands managing multiple evolving projects and maintaining a proactive, collaborative style.
— “Strong organizational skills and the ability to manage multiple evolving projects and priorities.”
Candidates must be prepared to engage in detailed technical research and analysis of regulatory texts.
— “Ability to research and analyze technical regulatory materials and form a view on risk implications.”

How to stand out

Highlight experience with Basel III and supplementary leverage ratio (SLR) in your resume and interviews.
— “Knowledge of regulatory capital frameworks and the ability to interpret regulatory requirements, including 12 CFR Part 217, Basel III, G-SIB requirements, and the supplementary leverage ratio (SLR).”
Emphasize your ability to articulate complex analysis to cross-functional stakeholders.
— “Communicate clear, well-supported analysis of complex regulatory capital matters to senior management, businesses, Risk, and other stakeholders.”
Showcase your experience with scenario analysis and stress testing in prior roles.
— “Partner with Strats to perform scenario analysis supporting capital planning and stress testing.”
Demonstrate a history of challenging methodologies and ensuring compliance in your work samples.
— “Review and challenge regulatory capital methodologies, calculations, assumptions, and implementation approaches to ensure accuracy, consistency, and compliance with regulatory requirements.”
Frame your background in assessing capital impact of regulatory changes as a key strength.
— “Assess the capital impact of regulatory developments and emerging prudential standards, and provide independent risk perspectives on implementation and strategic business decisions.”

Pace · SteadyCollaboration · HighAutonomy · MediumDecision Impact · Company

Derived from job-description analysis by Serendipath's career intelligence engine.

What success looks like

accurate capital assessments
compliance with regulatory requirements
effective risk management

Typical background

risk managementcapital managementregulatory compliance

Skills & requirements

Required

Capital ManagementRegulatory ComplianceRisk AssessmentStress TestingCapital Planning

Preferred

Banking Products KnowledgeRegulatory Developments Tracking

Stack & domain

Regulatory Capital FrameworksCapital ManagementRisk ManagementCapital Planning And Stress TestingCommunicationAnalytical SkillsAttention To DetailIntellectual CuriositySound JudgmentBankingFinance

About the role

Original posting from Goldman Sachs

Risk, Capital Risk, Associate, New York
Role Overview
The Capital Risk team, within the Risk Division, provides independent oversight and challenge of the firm’s capital management framework and regulatory capital interpretations. The team assesses complex capital matters, advises on firmwide capital management decisions, and escalates significant interpretations to senior management and the appropriate risk committees.
The team monitors, analyzes, interprets, and challenges regulatory capital requirements and capital management processes. It also provides independent second-line review of regulatory capital interpretations by assessing ambiguity in regulatory text, challenging interpretative conclusions, and promoting consistent, well-supported, and defensible implementation across the firm.
This role involves close collaboration with stakeholders across the firm, including trading desks, Controllers, Legal, Corporate Treasury, and Strats, and requires a strong risk management mindset.
Responsibilities
Interpret capital regulations and determine the appropriate capital treatment for individual transactions, new products, and business proposals.
Provide independent oversight and challenge of the firm’s capital management framework, including capital adequacy assessments and capital distribution strategies.
Monitor market and macroeconomic developments and assess their potential impact on risk-weighted assets and capital requirements.
Partner with Strats to perform scenario analysis supporting capital planning and stress testing.
Communicate clear, well-supported analysis of complex regulatory capital matters to senior management, businesses, Risk, and other stakeholders.
Review and challenge regulatory capital methodologies, calculations, assumptions, and implementation approaches to ensure accuracy, consistency, and compliance with regulatory requirements.
Assess the capital impact of regulatory developments and emerging prudential standards, and provide independent risk perspectives on implementation and strategic business decisions.
Skills and Experience Required
3–5 years of relevant experience in capital management, corporate treasury, risk management, or a related field.
Knowledge of regulatory capital frameworks and the ability to interpret regulatory requirements, including 12 CFR Part 217, Basel III, G-SIB requirements, and the supplementary leverage ratio (SLR).
Demonstrated ability to independently assess, challenge, and defend regulatory interpretations with senior stakeholders and control functions.
Experience with capital planning and stress testing.
Strong written and verbal communication skills, with the ability to articulate and defend technical analysis to senior stakeholders and cross-functional audiences.
Strong analytical skills, attention to detail, intellectual curiosity, and sound judgment.
Ability to research and analyze technical regulatory materials and form a view on risk implications.
Strong organizational skills and the ability to manage multiple evolving projects and priorities.
Proactive and collaborative working style, with the ability to take ownership of issues and drive them to resolution.
Understanding of banking organizations and financial products, with the ability to assess the regulatory capital implications of new transactions and businesses.

Source: Goldman Sachs careers