Risk, Risk Division, Risk Governance, Analyst/Associate, Dallas



RISK

The Risk division is responsible for credit, market and operational risk, model risk, independent liquidity risk, and insurance throughout the firm .
About Goldman Sachs
The Goldman Sachs Group, Inc. is a bank holding company and a leading global investment banking, securities and investment management firm. We provide a wide range of services to a substantial and diversified client base that includes corporations, financial investors, governments, non-profit organizations and high net worth individuals. Founded in 1869, the firm is headquartered in New York with major offices in London, Tokyo, Hong Kong, Dallas, Salt Lake City, and Bengaluru.
Risk Governance
The group is responsible for managing Risk Division's operational and regulatory risk. The group additionally:

  • Makes our operating risks transparent through a suite of standards, processes, and tools which embed governance and quality assurance in process design throughout the data lifecycle
  • Designs, operates, and reports on all aspects of its governance framework, including development of governance templates, standards, guidelines, and tracking of key performance indicators
  • Designs, operates, and reports on all aspects of its internal control and self-assessment framework, including a process verification framework that measures and monitors process and control design effectiveness
  • Manages regulatory assessments and interactions
  • Implement Risk Division documentation standards and assist in preparation of documentation content
  • Maintains inventories and assessments of models, measures, and policy/regulatory obligations
  • Prepares metrics for to Risk Division senior management and governance committees
  • Leverages reporting suites (such as Tableau) to create and deliver cutting edge reports for the Risk Division


RESPONSIBILITIES AND QUALIFICATIONS

Responsibilities
  • Develop an understanding of the Risk Division's risk management framework, methodology, techniques, and processes
  • Participate in inventorying initiatives (e.g., models, measures, other quantification mechanisms and output, risks, and controls)
  • Contribute to the establishment of metrics and tools to assess and report on inherent risks, control strength and residual risk in a consistent and objective manner
  • Track progress and validate the completion of remediation plans
  • Develop and maintain effective and constructive stakeholder relationships
  • Communicate and escalate significant risks to management
  • Liaise across relevant business, technology, and control functions to prioritize risks, challenge decisions, assumptions and tolerances, and drive appropriate risk response
  • Remain current on business, regulatory and industry changes
  • Promote a culture of risk management and mitigation


Skills / Expertise
  • Minimum of Bachelor's degree required
  • Interest in risk management and operational risk
  • Ability to navigate data sets, develop metrics and perform analysis
  • Proactive with strong analytical, organizational, influencing skills and attention to detail
  • Strong written and verbal communications skills
  • Strong inpersonal skills, ability to create relationships and leverage network within the organization
  • Ability to identify potential problems and solutions
  • Abilility to work in a fast paced environment; team player, with a strong delivery focus
  • Keen to learn new information, adopt new skills


ABOUT GOLDMAN SACHS

The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

© The Goldman Sachs Group, Inc., 2019. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.


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