Risk, Enterprise Risk Management – Climate Risk, Analyst, Frankfurt

vor 2 Wochen


Frankfurt, Deutschland Goldman Sachs Vollzeit

Divisional Overview:

The Risk division identifies, monitors, assesses, and manages financial and non-financial risks in support of the firm’s appetite and strategic plan as well as the risk of expected and unexpected events that may have an adverse impact on the firm. Risk teams play a critical function for the firm, driving how risk is taken and managed. Risk professionals execute critical day-to-day risk management activities, operating in a fast paced and dynamic environment and utilizing best-in-class risk tools and frameworks. Risk teams are analytically curious, have an aptitude for challenge, and an unwavering commitment to excellence. Effective coordination with executive management, business units, control departments and technology is critical for success.

The Enterprise Risk Management (ER) department manages a range of pan-Risk capabilities to ensure that Risk and divisional leadership have a comprehensive and aggregate view of the firm’s risk profile, inclusive of both financial and non-financial risks, in a way that facilitates strategic planning and risk decision making. ER oversees the evaluation and planning of new business initiatives, management of evolving or emerging risks, governance of the division’s frameworks, processes, and capabilities, as well as regional and legal entity governance.

Job Summary:

The Climate Risk team leads the firm’s strategy and framework for monitoring, assessing, and managing climate-related and environmental risks. This includes evaluating the firm’s exposure to both physical and transition risks through its balance sheet positions and determining the potential impact to firmwide operations. Climate Risk professionals execute critical day-to-day risk management activities, lead projects, and contribute to the ongoing advancement of a robust climate and environmental (“C&E”) risk management program. 

The team interacts closely with all areas of Risk, as well as with various groups across the firm including Executive Office, Controllers, Global Banking & Markets, Asset and Wealth Management and Risk Engineering. 

RESPONSIBILITIES

Support day to day responsibilities and strategic priorities of the Climate Risk program  Prepare regulatory submissions as part of the ongoing supervision process, regulatory examinations and other regulatory deliverables Monitor the changing regulatory landscape including reviewing, interpreting and providing guidance to help shape the further development of the Climate program Support implementation of C&E considerations into 1LoD and 2LoD processes  Contribute to the design of the Risk Appetite Statement framework, including calibrating limits and monitoring utilization reports  Partner with quant team to understand use of climate risk models and scenario capabilities to inform views of portfolio risks Manage internal risk frameworks and processes including risk identification Contribute to Risk Committee and Board Risk Committee materials, regulatory submissions, and external disclosures  Maintain relationships with key stakeholders across Sustainable Finance Group, Controllers, Office of Government and Regulatory Affairs and Legal

SKILLS & EXPERIENCE 

Bachelor's degree 1-3 years in the Financial Services / Banking industry or experience in the ESG and sustainability space Interest or background in sustainability and climate-related risk and/or knowledge of the growing European and Global C&E regulatory landscape Exceptional verbal, written, and interpersonal communication skills  Strong analytical skills with high attention to detail and accuracy  Strong organizational skills and ability to manage multiple assignments concurrently High proficiency in Excel and PowerPoint required 
  ABOUT GOLDMAN SACHS
At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world. We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at /careers. We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process.

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