Hiring Risk, Operational Risk, Analyst, NYC Full-time Job
Jul 25th, 2024 9:35 pm Financial Services New York City 38 views Reference: 90Job Details
The Risk Division is a team of specialists charged with managing the firm’s credit, market, liquidity, and operational risk. This role sits within Operational Risk which develops and implements risk assessment and oversight frameworks designed to identify, monitor, and manage non-financial risks such as those associated with systems, people, processes, and external events. The risk division is ideal for collaborative individuals who have strong ethics and attention to detail.
Role Overview
This role requires an energetic self-starter that can liaise with stakeholders across asset and wealth management. Familiarity with the business, the operational risk framework, combined with strong analytical skills, interpersonal skills and being a problem solver are necessary for this role.
Responsibilities
- Oversee the operational risk framework within the second line of defense working closely with the first line whilst providing robust challenge.
- Facilitate operational risk event management framework and data collection, including the detailed reviews of significant events to ensure appropriate remediation plans are implemented, and identification of trends to identify significant or emerging risks.
- Conduct quarterly trigger assessments for divisions to ensure the risk and control self -assessment (RCSA) and tail scenarios remain accurately assessed and current.
- Facilitate challenge of 1st line RCSA and Control Assessment ratings to ensure appropriate measurement approach and rationale has been employed.
- Conduct scenario analysis by working with stakeholders to develop and quantify scenarios measuring tail risks used for stress testing and capital calculations.
- Contribute to the advancement of operational risk methods and practices and the operational risk management framework.
- Create Management reporting using Alteryx, Tableau, or other cutting-edge visual interface-based tools.
- Develop analytical reports and presentations for senior management, executive committees, and regulatory exams.
- Review and evaluate new business initiatives and firm acquisitions to identify changes to the operational risk profile of the division.
Salary Range
The expected base salary for this New York, New York, United States-based position is $85000-$120000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.
Benefits
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here .
- Bachelor’s degree and 3+ years of relevant experience working in either operational risk, or within Asset and Wealth Management
- Strong verbal and written communication skills
- The ability to present with impact and build consensus across senior stakeholder groups
- Ability to work in a fast-paced environment with a focus on delivery
- Proficiency in Excel & PowerPoint – Alteryx is a plus
- Quick learner who can thrive working as part as a cross-regional team and individually
Company Description
Founded in 1869, Goldman Sachs is a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices in all major financial centers around the world.
More about our company can be found at www.goldmansachs.com
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