Associate, Model Risk

Salary Not Available Position range in Dallas County $60k - $123k Per Year Associate, Model Risk

GOLDMAN SACHS & CO-PARTNERSHIP

Occupation:

Financial Risk Specialists

Location:

Dallas, TX - 75201

Job Type:

Regular, Full Time (30 Hours or More), Permanent Employment, Day Shift

Posted:

05/05/2026 Positions available: 1

Source:

WorkInTexas

Web Site:

WorkInTexas Onsite /

Remote:

Work onsite all of the time

Updated:

05/08/2026

Expires:

06/07/2026

Agency Job ID:

4554990 Job #: 17010397 Job Requirements and Properties Help for Job Requirements and Properties. Work Onsite Full Time Education Master's Degree Experience 12 Month(s) Schedule Full Time Job Type Regular Duration Permanent Employment Shift Day Shift Public Transit Available Benefits Help for .

Job Duties:

Associate, Model Risk with Goldman Sachs & Co. LLC in Dallas, Texas. Analyze, monitor, and assess model risk associated with the development and implementation of counterparty credit risk models used in Prime Brokerage and Clearing across a wide range of assets including equities, crypto, commodities, FX and credit. Assess model implementation risk by analyzing implementation code and reviewing all associated changes. Verify the conceptual soundness of models and their mathematical and statistical correctness. Examine code implementation in a variety of platforms including C++, Java, Python, or R. Document the entire validation fieldwork in Latex files for automated version controls and report major validation findings to model owners and developers for remedial action. Provide timely updates as required to meet requirements set out in regulatory exams. Monitor the performance of the Firms counterparty credit risk models and investigate major model-related incidents. Team with Risk governance, and other federation groups to address any counterparty credit risk model-related issues or new regulatory compliance requirements. Advise senior management on the risks associated with new initiatives and changes to existing counterparty credit risk models.

Job Requirements:

Master's degree (U.S. or foreign equivalent) in Mathematics, Computer Science, Financial Engineering, Industrial Engineering or related field and one (1) year of experience in the job offered or in a related role OR Bachelor's degree (U.S. or foreign equivalent) in Mathematics, Computer Science, Financial Engineering, Industrial Engineering or related field and three (3) year of experience in the job offered or in a related role. Prior experience must include one (1) year of experience with Master's degree or three (3) years of experience with Bachelor's degree with the following: working with Counterparty Credit Risk Models; performing-testing analysis of statistical models to assess their consistency and performance against historical data; scripting with Python and working with relational databases and SQL for data extraction and processing; pricing and risk analysis of derivative products including futures, options and swaps; performing model development, testing, validation, and issue remediation throughout the model life cycle; and writing formal version-controlled validation reports using LaTex, including equations and tables.