Asset & Wealth Management Private Operational Risk Associate Dallas
Dallas, IA - USA
Job Summary
Overview
We are seeking a highly motivated and detail-oriented Operational Risk Associate to join our AM Private Operational Risk team. This position plays an integral role in supporting the risk management framework across multiple business segments within the Goldman Sachs Asset & Wealth Management (AWM) division. The primary responsibilities include proactive identification of operational risks conducting root cause analysis fostering business partnerships promoting operational resilience engaging stakeholders evaluating controls and implementing firmwide frameworks. Collaboration with various stakeholder groups throughout the firm and divisionincluding investment teams compliance legal operations and other risk management functionsis essential to ensure comprehensive assessment of operational risks effective operation of controls and adherence to industry regulations as well as the firms overarching risk management and governance standards.
How You Will Fulfill Your Potential:
Segment Coverage
- Collaborate with business leadership deal teams portfolio managers traders operations and engineering partners to proactively identify and remediate areas of operational risk.
- Support the implementation of the firmwide risk framework including documenting operational risk events performing inherent risk assessments and conducting control evaluations.
- Assist with escalation procedures and dissemination of significant events facilitating the management of ongoing incidents.
- Conduct functional deep dive reviews and targeted risk assessments to identify analyze and address control gaps and emerging risks.
- Develop analyze and publish standardized control metrics while developing business analytics tools (e.g. Tableau Alteryx) to identify trends errors and opportunities for process improvement.
- Manage governance and reporting of control and risk initiatives through advanced business analytics and visualization tools.
Skills & Experience Required:
- Bachelors degree in finance Economics Business Administration or a related discipline.
- Minimum of 3 years experience in asset management private investing alternatives investing non-financial risk management compliance or a related area within the asset management sector.
- Demonstrated analytical and problem-solving abilities.
- Strong proficiency in Microsoft Office Suite including Excel PowerPoint and Word.
- Strong proficiency in workflow tools such as Tableau for dashboard development.
- Experience utilizing AI tools data mining and techniques for analyzing unstructured data.
- Exceptional communication and people skills with the capacity to collaborate effectively within a team.
- Self-driven able to proactively identify and resolve issues.
- Meticulous attention to detail and commitment to accuracy.
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. Were 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 committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: The Goldman Sachs Group Inc. 2023. All rights reserved.
Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race color religion sex national origin age veterans status disability or any other characteristic protected by applicable law.
Required Experience:
IC
About Company
The Goldman Sachs Group, Inc. is a leading global investment banking, securities, and asset and wealth management firm that provides a wide range of financial services.