What are the responsibilities and job description for the Risk, Operational Risk, Analyst, Salt Lake City position at Goldman Sachs?
Job Description
The Risk division is responsible for credit, market and operational risk, model risk, independent liquidity risk, and insurance throughout the firm.
The Operational Risk Department at Goldman Sachs is an independent risk management function responsible for developing and implementing a standardized framework to identify, measure, and monitor operational risk across the firm.
Within Operational Risk, the Issue Risk Management team has primary responsibility for the Firmwide Issue Management Framework in addition to independent oversight, review and challenge of remediation, root cause analyses and lessons learned in the process of managing actual and potential risk from deficiencies or gaps in controls and processes. The team en gages with a wide array of businesses and risk management groups across the Firm; the cross-disciplinary nature of this work makes for a rewarding and multifaceted work environment.
Key Responsibilities
At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.
We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.
We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html
© The Goldman Sachs Group, Inc., 2023. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
The Risk division is responsible for credit, market and operational risk, model risk, independent liquidity risk, and insurance throughout the firm.
The Operational Risk Department at Goldman Sachs is an independent risk management function responsible for developing and implementing a standardized framework to identify, measure, and monitor operational risk across the firm.
Within Operational Risk, the Issue Risk Management team has primary responsibility for the Firmwide Issue Management Framework in addition to independent oversight, review and challenge of remediation, root cause analyses and lessons learned in the process of managing actual and potential risk from deficiencies or gaps in controls and processes. The team en gages with a wide array of businesses and risk management groups across the Firm; the cross-disciplinary nature of this work makes for a rewarding and multifaceted work environment.
Key Responsibilities
- Understand and apply the firm’s issue management governance, including applicable policies, frameworks and standards
- Engage with stakeholders across the firm on effective review and challenge of enterprise-wide issues, including root causes analysis, remediation and lessons learned
- Analyze firmwide issues for macro themes, patterns, clustering and emerging risks
- Facilitate enterprise risk management framework and data collection and oversee and assess key risk processes related to controls, implementation of remediation plans, significant strategic growth initiatives, among others
- Develop risk and control assessment capabilities and operationalize processes to support them throughout the firm
- Bachelor's degree
- 1-2 yrs in the Financial Services/Banking industry or similar role with transferable skills
- Strong academic record with Bachelor’s degree, equivalent or above in Finance, Mathematics or a related quantitative/analytical discipline preferred
- Strong understanding of financial and non-financial risk disciplines
- Exceptional verbal, written, and interpersonal communication skills
- Strong analytical skills with high attention to detail and accuracy
- Proven problem-solving and a process & control-oriented mindset
- High proficiency in Excel and PowerPoint required. Programming experience (e.g. Python, SQL etc.) in workflow automation, data management, and/or data visualization (Tableau, Qlikview) is preferred
- Desire and ability to collaborate with people from different departments and levels of seniority
- Desire and ability to communicate complex information and concepts in layperson terms directly with senior management (both written and verbally)
At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.
We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.
We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html
© The Goldman Sachs Group, Inc., 2023. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
