Goldman Sachs
Operational Risk - Operational Resilience-DALLAS-Associate
Goldman Sachs, Dallas, Texas, United States, 75215
MORE ABOUT THIS JOB:
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.This Associate, Operational Resilience role is for a professional with subject matter expertise dedicated to actively employ and strengthen the components of the firms operational risk management framework. This role will be responsible to continuously identify, monitor, measure and assess the firms global operational resilience landscape. The ideal candidate needs to be an energetic self-starter that can liaise with all divisions within the firm both regionally and globally with experience and knowledge in the development and implementation of a financial institutions operational resilience framework.RESPONSIBILITIES AND QUALIFICATIONS:Responsibilities:Play an integral part in the development, implementation, and maintenance of the firms global operational resilience framework (policies, governance and minimum standards) to ensure a front-to-back approach to operational readiness and response to business disruption eventsServe as 2nd line challenger to divisional scenario-based business impact analyses and business continuity plansEstablish and maintain a qualitative/quantitative operational resilience appetite/tolerance with associated metrics at the divisional level. Maintain ongoing monitor, triggers, escalation and mitigating actions of the relevant metricsInteract with regulatory authorities around their approach to operational resilience including representing the firm on a number of sector-wide working groups and forumsConduct analysis of resilience risks and controls and challenge the RCSA ratings of these risks and controlsEngage and liaise with internal stakeholder groups (HCM, CWS, OGS, Operations, Engineering, etc.) that have oversight of processes relevant to the firms operational resilience approach which is to prevent, protect, respond and adopt/learn from disruptive eventsParticipate in the firms capital and stress-testing scenario analyses relevant to the firms business disruption risksWell-verse in operational risk methods and practices with the ability to connect and align the firms operational risk management processes with the operational resilience frameworkIdentify and drive initiatives that improve the risk management activities at the firmBe apprised of operational resilience events and data collection including reporting when necessary; perform detailed reviews of trends to identify significant risks and ensure monitoring and remediationPerform new activity review and ensure resilience risks arising from new products and/or business, migrations, etc. are properly consideredCreate and present divisional risk profile assessments by highlighting risk issues and trends to senior divisional managers and senior Operational Risk management teamIdentify and drive initiatives that improve the risk management activities at the firmQualifications3 to 5+ years of relevant experienceManagement of continuity/resilience program at a similar financial institutionUnderstanding of key flows and functions of a global Investment BankExperience in setting strategy and working with cross organization working groups to implement strategyUnderstand of industry risk models and resilience/recovery capabilities and how they form part of a coordinated frameworkUnderstanding of the resilience regulatory environment globally with focus in the UK and USStrong client / stakeholder management skills with strong interpersonal skills, both verbal and writtenAbility to influence team members inside and outside of immediate area of responsibilities and from a wide range of organizational backgroundsStrong project management skills, including monitoring and reporting project performanceStrong analytical abilities, including the use of data and visualization of data to aid strategy discussionFlexible/Adaptable with ability to work during crisis scenariosAbility to work in a fast paced environment with a strong delivery focusFamiliarity with enterprise risk and operational risk management best-practices and controlsPossess a Bachelor's Degree
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.
Were committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html
The Goldman Sachs Group, Inc., 2021. All rights reserved.Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
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.This Associate, Operational Resilience role is for a professional with subject matter expertise dedicated to actively employ and strengthen the components of the firms operational risk management framework. This role will be responsible to continuously identify, monitor, measure and assess the firms global operational resilience landscape. The ideal candidate needs to be an energetic self-starter that can liaise with all divisions within the firm both regionally and globally with experience and knowledge in the development and implementation of a financial institutions operational resilience framework.RESPONSIBILITIES AND QUALIFICATIONS:Responsibilities:Play an integral part in the development, implementation, and maintenance of the firms global operational resilience framework (policies, governance and minimum standards) to ensure a front-to-back approach to operational readiness and response to business disruption eventsServe as 2nd line challenger to divisional scenario-based business impact analyses and business continuity plansEstablish and maintain a qualitative/quantitative operational resilience appetite/tolerance with associated metrics at the divisional level. Maintain ongoing monitor, triggers, escalation and mitigating actions of the relevant metricsInteract with regulatory authorities around their approach to operational resilience including representing the firm on a number of sector-wide working groups and forumsConduct analysis of resilience risks and controls and challenge the RCSA ratings of these risks and controlsEngage and liaise with internal stakeholder groups (HCM, CWS, OGS, Operations, Engineering, etc.) that have oversight of processes relevant to the firms operational resilience approach which is to prevent, protect, respond and adopt/learn from disruptive eventsParticipate in the firms capital and stress-testing scenario analyses relevant to the firms business disruption risksWell-verse in operational risk methods and practices with the ability to connect and align the firms operational risk management processes with the operational resilience frameworkIdentify and drive initiatives that improve the risk management activities at the firmBe apprised of operational resilience events and data collection including reporting when necessary; perform detailed reviews of trends to identify significant risks and ensure monitoring and remediationPerform new activity review and ensure resilience risks arising from new products and/or business, migrations, etc. are properly consideredCreate and present divisional risk profile assessments by highlighting risk issues and trends to senior divisional managers and senior Operational Risk management teamIdentify and drive initiatives that improve the risk management activities at the firmQualifications3 to 5+ years of relevant experienceManagement of continuity/resilience program at a similar financial institutionUnderstanding of key flows and functions of a global Investment BankExperience in setting strategy and working with cross organization working groups to implement strategyUnderstand of industry risk models and resilience/recovery capabilities and how they form part of a coordinated frameworkUnderstanding of the resilience regulatory environment globally with focus in the UK and USStrong client / stakeholder management skills with strong interpersonal skills, both verbal and writtenAbility to influence team members inside and outside of immediate area of responsibilities and from a wide range of organizational backgroundsStrong project management skills, including monitoring and reporting project performanceStrong analytical abilities, including the use of data and visualization of data to aid strategy discussionFlexible/Adaptable with ability to work during crisis scenariosAbility to work in a fast paced environment with a strong delivery focusFamiliarity with enterprise risk and operational risk management best-practices and controlsPossess a Bachelor's Degree
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.
Were committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html
The Goldman Sachs Group, Inc., 2021. All rights reserved.Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity