Goldman Sachs & Co. Bank Management, Bank Control & Infrastructure, Modeler - New York in New York, New York
MORE ABOUT THIS JOB
CONSUMER AND COMMERCIAL BANKING
In Goldman Sachs Bank USA, we offer a wide range of solutions to help our customers meet their financial goals. Our teams seek to provide the highest level of customer service and support in everything we do. The Bank offers high yield savings accounts and a variety of loan products to individuals and private bank, corporate and community clients. Our savings products include an online savings account and certificates of deposit in a variety of terms.
Are you looking to be involved in building solutions for strategic global projects and developing an expertise in decision modeling? The Bank Controls and Infrastructure team in Finance is seeking a Business Decision Modeling (BDM) Associate who will collaborate with Business, Operations and Technology partners to generate requirements and implement logical models for business rules. The Decision Modeler will help enhance the Finance Division’s ability to drive continuous improvement through excellence in business decision design, methodology and implementation. As an Associate, you will contribute as a Decision Modeler and additionally by helping Analysts achieve their fullest potential.
RESPONSIBILITIES AND QUALIFICATIONS
Collaborate with subject matter experts across divisions of the firm, including Operations, Technology, and Business divisions, to articulate business requirements including business rules, data models, decision requirements, etc., in order to build complex solutions while balancing competing priorities.
Create Decision models based on decision requirements and serve as the division’s Business Decision Modelling subject matter expert.
Pool resources with Bank Control and Infrastructure experts to understand and map out the decision requirements for strategic global projects.
You will be required to convert these business rules into Business Decision Models (BDMs) and Decision Requirements Models (DRMs using various systems (‘Signavio’ for example).
To create above models it will require deep knowledge of the Business Process Modelling Notation (BPMN) and Decision Modeling and Notation (DMN) standards.
You will then work with technology teams across the firm to apply these models into automated systems.
Test Decision models based on decision requirements
Upon creating the afore-mentioned decision models, you will also test the validity of the logic in the business rules by using live data.
This testing involves all permutations and combinations of test scenarios for a business rule because it is crucial to ensure the validity of the models.
Conduct business analysis by utilizing Business Decision Modelling to create and test decision models based on decision requirements, with an aim of actively improving processes, reducing risk, increasing productivity, and lowering costs.
This involves observing closely, trends and patterns in different models to advice on technical improvements to the process of modeling and testing.
The Beneficiary will perform detailed analysis on modeling/testing methods along with root cause analysis and resolution of system exceptions.
Support ad hoc and sometimes urgent Business requests to update models to enable trade facilitation
Problem solving, using creative resolutions
Quick turnaround to update, test and release models into production partnering with Technology
SKILLS AND EXPERIENCE WE’RE LOOKING FOR
Bachelor’s Degree with 4+ year’s work experience in business analysis or business process design
Analytical, self-motivated, detail-oriented with strong problem solving skills
Ability to autonomously manage several projects/tasks simultaneously in a fast-paced environment
Ability to communicate clearly with end users, development managers and other stakeholders
Must be highly collaborative and enjoy and perform well in a consensus-driven, team environment
Experience with Decision Modeling software (Sapiens Decision, Signavio, BlazeAdvisor, BizzDesign, etc.)
Experience in Financial Services Operations, process improvement or other relevant field. Knowledge of OTC derivatives a plus.
Knowledge of BPMN 2.0, DMN
Familiarity with Agile project management
Working knowledge of backlog management tools (JIRA)
Understanding of relational database design/data modeling
Experience using data management tools (Alteryx) or data presentation tools (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.© The Goldman Sachs Group, Inc., 2018. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.
Schedule TypeFull Time
Business UnitVMO - NY