Risk, Operational Risk, Transaction Execution and Processing Risk (TEPR), Analyst, Salt Lake City

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.

Position Overview:

The Transaction, Execution and Processing Risk (TEPR) team is a 2nd Line of Defense (2LoD) team with a focus on independently overseeing and challenging the execution & processing risks of transaction lifecycles of the Firm. We are seeking a candidate to support the team's efforts in managing the transaction-related operational risks across the Firm. This role requires understanding of financial transaction lifecycles as well as understanding of a financial institution's operational risk management framework (ORMF) elements.

• Ensure comprehensive mapping of TEPR processes, controls and risks for each business segment
• Support team lead in identifying, analyzing, and challenging transaction execution and processing risks with a horizontal view across the business segments
• Support creation of a 2LoD metrics program to adopt a qualitative/quantitative approach for ongoing monitoring, triggers, escalation, and mitigating actions of the relevant control vulnerabilities and risk profile changes
• Conduct preliminary reviews of business unit change management processes that could potentially elevate transaction execution and processing risks
• Utilize data analytics and reporting tools to support the 2LoD analyses and challenges
• Monitor TEPR-related incident trends and perform thematic analysis to identify significant risks or control deficiencies
• Prepare comprehensive risk profile reports to senior management, highlighting key risk themes, trends, and strategic recommendations

• Bachelor's degree or equivalent required
• Master's degree is a plus
• 1-3+ years of experience in risk management or related areas within the financial services industry preferred
• Familiarity with enterprise risk management and operational risk management best-practices and controls
• Proficient in data analysis and reporting
• Exceptional analytical skills with the ability to synthesize complex data and provide strategic insights in written and verbal form.
• Excellent communication and presentation skills
• Experience in working in a team setting
• Proficient in Excel, PowerPoint, and Sharepoint - Tableau & SQL are a plus