Developer- Capital Measurement and Analysis (CMA) - Controllers Engineering
In Finance Engineering, you’ll find an exciting confluence of computer science, finance and mathematics being used to solve for what our shareholders would like from us - a high return for the right risk taken.
Calculation of the Firm’s capital requirement, with full attribution to the consuming businesses/trading activity, is key to enabling the Firm to profitably navigate the evolving regulatory landscape. Forward-looking business strategies and decisions, projection of returns are informed by these metrics.
The CMA team develops Controllers calculators and analytical tools for the Firm to measure and manage its Regulatory Capital. Your Impact: Capital Measurement & Analytics (CMA) engineers are responsible for designing and implementing solutions to measure, analyze, and project the firm’s capital calculations. In a regulatory environment where trading activity is constrained by the associated capital requirement, the frequent and timely calculation of the firm's capital requirements -- together with fully-attributing to the business / trading desks that consume that capital -- is critical. Forward-looking business strategies and decisions are informed by these metrics; the ability to evaluate the marginal contribution of any proposed transaction against the entire firm's inventory is a key capability to accurately project returns and enable the firm to profitably navigate the evolving regulatory landscape. The CMA Team globally (US, UK, India) develops and manages the calculators and analytical tools that controllers, risk management, and deal-making teams use to project, monitor and report externally the firm's regulatory capital requirement under various regimes for both regular activity and under stress scenarios.
Our team of finance engineers build solutions to the most complex problems. We develop cutting-edge systems and processes that form the core of our key business and enable transactions to move in milliseconds. We provide real-time access to critical deal information and crunch billions of data points each day to inform firm-wide market insights and strategies. Team members have the opportunity to work at the forefront of technology innovation alongside industry leaders and make significant contributions to the field.
The primary function of the team is to build various capital calculation and projection efforts across the firm, and respond to changes in the regulatory environment. This includes building a unified view of capital inputs with a consistent API that will be used for calculations, analytics, reporting, workflow enhancements and visualization. Engineers on the team will:
How you will fulfill your potential:
* Measure the Firm's capital requirements in normal as well as under stressed scenarios to help develop forward capital actions (dividend distributions and share repurchases)
* Apply analytics to derive business strategies for optimal utilization of capital
* Attribute to businesses that consume capital to provide transparency into the profitability of the business
* Work with firm's federation (Finance and Risk) and revenue producing divisions (e.g. Securities, Investment Banking etc.) to develop our capital management calculations and analytics processes
* Manage end-to-end systems development cycle from requirements analysis, coding, testing, UAT and maintenance
* Apply machine learning techniques for data anomaly detection to enhance our analytical tools
* Design and develop architecture to perform complex calculations on distributed frameworks
Skills and experience we are looking for:
* Bachelors or Masters degree in Computer Science, Mathematics, Electrical Engineering or related technical discipline
* Experience in software development, including a clear understanding of data modeling (i.e., Python, Spark, etc.), Java, functional languages (e.g., Slang), and core programming concepts
* Strong interest in enhancing the infrastructure, along with developing commercial solutions
* Strong analytical and problem solving skills - demonstrated ability to learn technologies and apply
* Comfortable multi-tasking, managing multiple stakeholders and working as part of a team
* Excellent interpersonal/communication skills, both written and verbal
* 3-5 years of technology programming experience
* Knowledge of data analytics, principles of risk analysis and capital regulation (e.g. Basel3, CCAR) a plus
* Comfortable working in highly dynamic and rapid development environment
* Technologies: Linux and shell scripting, TDD (JUnit), build tools (Maven/Gradle/Ant), Scala, Spark, Tableau
About Goldman Sachs
The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.