Model Risk Management - Goldman Sachs

I'm moving from a technical PhD into a banking internship as a GS strat. I've been offered a position in "Model Risk Management". I've read that risk is "middle office" - but most threads are talking about market risk positions. How does model risk compare to the often spoken about market/credit risk divisions? And more broadly speaking does anybody on WSO have any insights into working as a strat in model risk management? Would like to move to a quant hedge fund eventually .. not sure if this is the right transition role. Many thanks!

2 Comments
 

Necessitatibus accusamus dolore est sint placeat. Eveniet non et aut libero. Quo earum perspiciatis tempora soluta vero fugiat voluptate.

Sed sapiente nobis accusantium asperiores nostrum. Hic consequuntur a voluptatem voluptatem. Tempora facilis aperiam magni quos alias. Repudiandae qui nam eum quis et quod at.

Non autem est consectetur modi. Voluptatibus dignissimos ut amet modi quia. Facere cupiditate unde qui nostrum. Quod inventore sed facere. Ipsam sit quia alias illo.

Architecto eos eveniet rem quod qui aliquam. Rerum saepe eos minus praesentium. Ut et ut et quae occaecati expedita. Voluptatem tenetur rem beatae voluptatem laborum. Mollitia debitis suscipit cupiditate autem ut quia.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Guggenheim Partners 01 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (56) $261
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”