Shira Fredman

Risk Management - Goldman Sachs 2020 Investor Day

Brian Lee, Karen Seymour, Sarah Smith, Shira Fredman

A panel of four seasoned executives, including CRO Brian Lee and General Counsel Karen Seymour, outlined a risk and compliance framework defined by an independent function that integrates disciplined risk-reward strategies into all new business initiatives. The firm aims to maintain a Common Equity Tier 1 ratio between 13% and 13.5% while deploying robust stress-testing methodologies and enhanced surveillance systems to address geopolitical, climate, and cybersecurity threats. This approach ensures that control functions participate in strategic planning from day one and that the balance sheet retains fair valuation flexibility regardless of accounting designations.