At a Glance
- Tasks: Lead risk management projects and analyse regulatory capital rules to ensure compliance.
- Company: Join a leading financial firm with a commitment to excellence and innovation.
- Benefits: Competitive salary, diverse workplace, and opportunities for professional growth.
- Other info: Dynamic team environment with a focus on collaboration and support.
- Why this job: Make a real impact in risk management while working with top professionals in the industry.
- Qualifications: 10+ years of experience in risk management or banking, strong analytical skills required.
The predicted salary is between 100000 - 150000 £ per year.
Our Risk teams develop comprehensive processes to monitor, assess, and manage the risk of expected and unexpected events that may have an adverse impact on the firm. Risk professionals execute critical day‑to‑day risk management activities, lead projects, and contribute to the ongoing advancement of a robust risk management program.
Responsibilities
- Coordinate with executive management, business units, control departments, and technology to ensure effective risk management.
- Lead projects that advance the risk management program.
- Execute day‑to‑day risk management activities and review capital ratio targets, planned capital actions, and regulatory capital calculations.
- Analyze regulatory capital rules (e.g., PRA Basel 3.1, Capital Requirements Regulation) and determine appropriate capital interpretations.
- Perform independent compliance assessments of the Senior Management Function (SMF) annual attestation related to rule interpretation and implementation.
- Review and challenge the notification framework and regulatory notification types within the IRB framework.
- Summarize and challenge the impact of regulatory capital rules on risk appetite.
- Assess the impact of capital regulation on individual transactions, new products, and business proposals.
- Validate regulatory capital requirement approaches and calculations.
- Communicate sophisticated regulatory capital analysis to senior managers, businesses, and regulators.
Qualifications
- Minimum of 10 years of experience at the PRA, European regulator, or a bank with an IRB approach (preferably in a second‑line role).
- Previous managerial experience is a plus.
- Strong attention to detail, intellectual curiosity, and commitment to excellence.
- Strong organizational and project‑management skills.
- Effective verbal and written communication skills.
- Team‑player attitude and ability to maintain mutual support within a high‑profile team.
- Self‑motivated, proactive, and willing to take on additional responsibilities and run with issues.
- Ability to conduct research, analyze technical regulatory papers, and identify relevant issues.
- Understanding of banking organizations, financial products, and ability to analyze new trades and businesses with a focus on regulatory capital implications.
Risk, Capital Risk, Vice President, London employer: Goldman Sachs, Inc.
Goldman Sachs is an exceptional employer, offering a dynamic work environment in the heart of London where risk management professionals can thrive. With a strong commitment to employee growth, we provide extensive training and development opportunities, fostering a culture of collaboration and innovation. Our focus on diversity and inclusion ensures that every voice is heard, making it a rewarding place for those looking to make a meaningful impact in the financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land Risk, Capital Risk, Vice President, London
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Goldman Sachs, Inc. looking for candidates who are engaged and informed.
We think you need these skills to ace Risk, Capital Risk, Vice President, London
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Goldman Sachs, Inc.. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Goldman Sachs, Inc.
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Goldman Sachs, Inc.’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
