Asset & Wealth Management, Operational Risk, Associate - Irving

Job Title

How You Will Fulfill Your Potential

Manage all aspects of issue identification, analysis, remediation and monitoring & reporting, including collaboration with issue owners, aggregation of issues across the business, and facilitation of executive reporting.

Proactively identify potential business risks, process deficiencies, and potential gaps/weaknesses in risk management standards.

Develop process and controls environment (inventory and maps) across asset management, wealth management and consumer businesses

Lead process deep dives by reviewing process documentation (process maps, procedures, etc.) to document existing controls and identify control gaps

Innovate controls testing strategies, emphasizing operational risk management and long-term remediation measures

Partner with other business units and support teams to remediate issues and assist with implementation of corrective actions related to control failures and operational risk events

Develop executive reporting and other data-driven deliverables, with a focus on providing appropriate content, context, and structure in a precise and timely manner.

Monitor progress and measure performance to identify areas for improvement.

Focus on continuous improvement and evolution to meet changing requirements to support maximum visibility to the executive audience.

Gather and synthesize data to perform root cause analysis and determine thematic trends related to issues identified by the business first, second and third lines of defense.

Collaborate with cross-functional teams to resolve operational inconsistencies and enhance controls testing processes.

Become a subject matter expert in areas of the operational risk management framework executed across Wealth Management

Be a critical thinker: Thoughtful, self-aware, and use available evidence to make decisions.

Pro-actively seek out areas to add value

Skills & Experience We're Looking For

Bachelor's degree in Risk Management, Business, Finance or a related field

A minimum of 3+ years of experience in a role in financial services with operational risk exposure or audit or broader risk management

Exposure to financial services, operational risk, audit or risk management a plus

Exposure to Wealth Management a plus

Ability to work independently and collaboratively in a fast-paced environment

Experience in risk analysis and management and/or an understanding of regulations and regulatory reform strongly preferred

Advanced project management, analytical and research skills with a demonstrated ability to manage projects from inception through completion

Advanced analytical, critical thinking, problem solving, organizational and time management skills

Exceptional communication and interpersonal skills

Ability to work under pressure and manage tight deadlines or unexpected changes in expectations or requirements

Effectively manage multiple priorities and work autonomously

Good judgment and discretion

Experience building reports and presentations. Expert level proficiency in the Microsoft tool suite, including Excel, Word and PowerPoint

ABOUT GOLDMAN SACHS

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:

The Goldman Sachs Group, Inc., 2023. All rights reserved.

Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.

Job Info

Job Identification 176401

Job Category Associate

Locations Irving, TX, United States