Operational Risk, Risk Assessment PMO, Analyst/Associate

Operational Risk Management and Analysis – Risk Assessment PMO

The Operational Risk Management and Analysis Department, an independent risk management function, is responsible for developing and implementing a standardized framework to identify, measure, and monitor operational risk across the firm.

The Risk Assessment Analyst / Associate will engage stakeholders across multiple locations to establish and maintain a firmwide operational risk assessment program.

Responsibilities include:

  • Project management of the implementation of enhancements to the risk assessment program
  • Facilitating the risk assessment process, including: establishing and communicating risk assessment timelines, tracking and escalating completion status, providing status reporting, providing guidance on how assessments should be completed
  • Working with the systems project manager and business analysts to ensure the risk assessment application reflects the methodology, is fit for purpose and user friendly
  • Providing training and functional support across a range of departments on the risk assessment methodology and use of the risk assessment application e.g. answering questions on how to complete or make changes to the risk assessments
  • Working with the metrics team to design, enhance or modify reports on the assessment outputs
  • Analyse the risk assessment data to draw conclusions on the risk assessment profile of the entity and group
  • Providing risk assessment metrics and reporting to senior management and governance committees. The reporting will include: completion status of the assessments, trending and analysis of the output from the risk assessments, changes to the risk assessment profile at an entity or group level
  • Proactively thinking about changes in the business, how these impact the existing risk assessment program and working with the Operational Risk Analysts to facilitate the assessment changes
  • Remaining current on business, regulatory and industry changes that may impact the business and the associated assessments

Mandatory Qualifications

  • Minimum of 4+ years' experience within operational risk (product knowledge across investment banking business areas is an advantage)
  • Strong organizational skills – able to ensure delivery against set timelines
  • Strong project management skills with experience of working in an environment of constant and rapid change
  • An understanding of risk and control assessment methodology
  • Strong attention to detail and excellent data analysis skills
  • Proven stakeholder management experience, working across multiple locations and jurisdictions
  • Excellent interpersonal skills
  • Enthusiastic, intellectually curious and seeks to understand the different areas of the firm
  • Ability to work in a fast paced environment, with a strong delivery focus
  • Strong verbal and written communication skills – able to present to senior stakeholders with impact and influence
  • Knowledge of regulatory requirements under the Basel framework
  • Possess a Bachelor degree

Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet. © The Goldman Sachs Group, Inc., 2015. All rights reserved.

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