Risk, Capital Risk, Associate / Vice President, Dallas

DIVISION: CAPITAL RISK

LOCATION: DALLAS

LEVEL: VICE PRESIDENT

The Capital Risk team within the Risk Division provides an independent view into the capital decisions across the firm. The team advises on firmwide capital management decisions. Coverage also includes monitoring, analyzing, interpreting, and challenging the firm's regulatory capital requirements and capital management processes. This involves working very closely with stakeholders across the firm, including trading desks, Controllers, Legal, Corporate Treasury and Technology, and will require a strong control mindset. Other responsibilities include oversight of the firm's capital strategy and the firm's proximity to capital requirements. The team also provides independent second‑line oversight and challenge of regulatory capital interpretations, including critically assessing ambiguity in regulatory text, reviewing and challenging interpretative conclusions, and ensuring consistent and defensible implementation across the firm.

RESPONSIBILITIES

Provide independent oversight of the capital management framework, ensuring that capital adequacy assessments and distribution strategies are consistent with the firm's risk appetite and the stress capital buffer requirements. Understand capital regulations and determine appropriate capital interpretations. Monitor, summarize, and challenge the impact of and risk appetite associated with the implementation of the regulatory capital rules. Communicate thoughtful analysis on sophisticated regulatory capital matters to senior managers, businesses, risk departments, and other impacted areas. Assess the impact of capital regulation on individual transactions, new products, and business proposals. Validate regulatory capital requirement approaches and calculations. Understand and challenge the firm's overall capital management strategy. Independently identify ambiguities or inconsistencies in regulatory requirements, and provide second‑line review and challenge of interpretative positions, ensuring conclusions are well‑supported, aligned to rule text, and robust under audit and regulatory scrutiny. Ensure consistent application of regulatory capital interpretations across the firm by driving alignment between policy and implementation, supported by clear and well‑documented rationale.

SKILLS AND EXPERIENCE REQUIRED

Minimum of 5 years of relevant capital management experience. Knowledge of the end‑to‑end execution of the annual CCAR cycle. Perform independent review and challenge of stress testing results. Experience in project management and project governance. Experience in the interpretation of regulatory rules (e.g., 12 CFR 217, CRR, draft PRA rulebook), including translation into business impact. Strong ability to articulate and defend interpretations to senior stakeholders and across control functions. Strong attention to detail, intellectual curiosity, and commitment to excellence. Strong organizational skills – ability to manage a constantly evolving inflow of projects and priorities. Effective communicator – both orally and in writing. Team player – ability to maintain mutual support within a high‑profile team. Self‑motivated, proactive, and willing to take on additional responsibilities, ability to run with issues, and get involved, as necessary. Ability to conduct research, analyze technical regulatory papers and identify relevant issues. Understanding of banking organizations, financial products; ability to analyze new trades and businesses with particular focus on regulatory capital implications. Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law. #J-18808-Ljbffr The Goldman Sachs Group