The Goldman Sachs Group, Inc

Asset & Wealth Management, Operational Risk, Issues Management, Associate - Dallas

The Goldman Sachs Group, Inc$80K — $120K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Risk Management, Business, Finance, or a related field
  • 5+ years related work experience
  • In-depth understanding of consumer banking processes within risk management
  • Expertise in qualitative and quantitative controls across financial products
  • Strong analytical skills with proficiency in data analytics
  • Exceptional communication skills tailored for diverse stakeholder levels
  • CFA, FRM or equivalent professional certifications preferred
  • Experience with Tableau or similar data analytics tools

Responsibilities

  • Evaluate control issues to ensure compliance with Consumer and Firm requirements
  • Analyze root causes of issues and validate remediation actions
  • Drive resolution of issues in line with regulatory standards
  • Ensure data quality of issue documentation
  • Aggregate issues to identify themes and enhance controls
  • Develop and report on Key Risk Indicators and Key Control Indicators
  • Engage with audit and risk partners to track findings

Benefits

  • Career development opportunities including mentorship
  • Access to a robust training program
  • Collaborative work environment
  • Opportunity to lead presentations to senior management
  • Flexible working arrangements available
Full Job Description
Job Description

Associate, AWM Risk Management

We are looking for an Associate to serve as a member of the AWM Risk Management function supporting Marcus US Deposits and Private Bank in Richardson (Texas). The role will execute key control deliverables related to issues management, risk reporting and control assessments, to ensure regulatory compliance, protecting client assets, and managing risk.

HOW YOU WILL FULFILL YOUR POTENTIAL

ROLE REQUIREMENTS
  • Evaluate control issues to ensure conformance to Consumer and Firm requirements
  • Analyze issue root-cause and validate remediation actions
  • Drive resolution of issues in conformance to Consumer and Firm requirements
  • Ensure data quality of issue documentation
  • Aggregate issues to identify key themes and control enhancement opportunities
  • Develop and report on Key Risk Indicators/ Key Control Indicators
  • Engage with audit and risk partners to monitor findings
  • Assess vendor risks and issues for themes, and monitor closure
  • Perform reviews of operational risk events and assess themes
  • Monitor operational risk events for timely and accurate reporting
  • Advise, challenge & inform the businesses on risk mitigation actions
  • Lead senior management presentations on risk and control metrics and analysis
  • Coordinate and facilitate governance routines with key executive stakeholders.
  • Identify ways to share risk best practice across teams and functions, and with other business lines where like processes exist/there is exposure to similar risk

SKILLS & QUALIFICATIONS
  • Bachelor's degree in Risk Management, Business, Finance, or a related field
  • 5+ years related work experience
  • Understanding of Consumer banking processes in a risk management context are required
  • Exposure to qualitative and quantitative controls across financial products.
  • Strong analytical orientation, lateral thinking, organizational, influencing skills and attention to detail.
  • Ability to perform data analytics using metrics to identify trends and themes
  • Excellent communication skills to clearly articulate issues and ideas with different levels of stakeholders
  • Innovative, including a keen eye for identifying areas of control enhancements
  • Good influencing skills to challenge the status quo and enhance the control environment
  • Sound time management skills to be able to effectively prioritize and multi-task.
  • A mentor / coach to the juniors in the team
  • Good interpersonal and teamwork skills to develop strong stakeholder relationships
  • The ability to present with impact and build consensus across senior stakeholder groups
  • Track record of delivering and enhancing measurable, impactful business outcomes
  • CFA, FRM or equivalent professional certifications preferred
  • 3-5 years banking experience, specifically in operational risk, compliance, internal audit or corporate governance
  • Strong knowledge of Risk Assessment Framework and experience performing control assessments
  • Working knowledge of financial, operational, compliance, and reputation risks
  • Experience aggregating and analyzing various types of risks and data with output to dashboards and/or formal written assessments
  • Experience with Tableau or other reporting/ data analytics tools

PREFERRED QUALIFICATIONS

About The Goldman Sachs Group, Inc

The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services, as well as financial services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. Its Investment Banking segment offers financial advisory services, including advisory assignments concerning mergers and acquisitions, divestitures, corporate defense, risk management, and restructurings and spin-offs; and underwriting services comprising public offerings and private placements of a range of securities, loans, and other financial instruments, and derivative transactions. The company’s Institutional Client Services segment provides client execution services, such as fixed income, currency, and commodities client execution related to making markets in interest rate products, credit products, mortgages, currencies, and commodities; and equities related to making markets in equity products, as well as executes and clears institutional client transactions on stock, options, and futures exchanges. This segment also engages in the securities services business providing financing, securities lending, and other brokerage services to institutional clients, including hedge funds, mutual funds, pension funds, and foundations. Its Investing and Lending segment originates longer-term loans; and invests in debt securities, loans, public and private equity securities, real estate, consolidated investment entities, distressed assets, currencies, commodities, and power generation facilities. The company’s investment management segment provides investment products and services, as well as offers wealth advisory services, including portfolio management and financial counseling, and brokerage and other transaction services.

The Goldman Sachs Group, Inc. Careers

Join the prestigious team at The Goldman Sachs Group, Inc., a global leader in finance and investments, and propel your career to new heights. Our firm is renowned for its commitment to excellence, innovation, and leadership in the financial sector.

Work You’ll Do

At Goldman Sachs, you will be part of a dynamic environment that fosters growth, diversity, and professional development. Engage in transformative projects that redefine the landscape of global finance, driven by a culture of high performance and continuous improvement.

Lead with Innovation and Leadership

Step into a role where your skills will be honed and your leadership capabilities enhanced. The Goldman Sachs Group, Inc. is at the forefront of merging financial expertise with technological innovation, creating a platform for you to lead impactful initiatives.

Join Our Diverse and Inclusive Team

Diversity and inclusion are at the core of our company culture. With employees from various backgrounds, Goldman Sachs thrives on the rich ideas and perspectives that this diversity brings. Here, every team member’s contribution is valued, and every voice is heard.

Explore Job Opportunities and Internships

Whether you’re seeking full-time employment or looking into internship opportunities, Goldman Sachs offers a range of positions that cater to different skills, experiences, and career aspirations. From analyst to executive positions, discover how you can contribute to our legacy of success.

Networking and Professional Growth

Goldman Sachs is not just a workplace. It is a community where you can build lasting relationships with colleagues and industry leaders. Our networking events, mentorship programs, and professional groups foster connections that can accelerate your career trajectory.

Benefits and Career Development

Invest in your future with Goldman Sachs’ unparalleled employee benefits and career development programs. From comprehensive health benefits to personalized career coaching and leadership training, we ensure that our team is equipped for success, both professionally and personally.

Prepare for Your Future

Ready to take the next step? Prepare your resume, sharpen your interview skills, and explore the vast array of job opportunities at The Goldman Sachs Group, Inc. Our hiring process is designed to identify and nurture talent, helping you to achieve your career goals.

Stay Connected

Keep up to date with the latest from Goldman Sachs Careers by subscribing to our job alert emails. Tailor your preferences to receive updates that match your career interests and stay ahead in the competitive financial sector.

Join The Goldman Sachs Group, Inc.

Embark on a rewarding journey with The Goldman Sachs Group, Inc. where your potential is limitless. Explore positions, read about our company culture, and apply today to become part of a team that values growth, leadership, and innovation.

SEARCH GOLDMAN SACHS JOBS

READ CAREERS BLOG

At The Goldman Sachs Group, Inc., your career is just the beginning – it’s an opportunity to excel and lead in the global financial industry. Join us and make your mark!
Learn more about The Goldman Sachs Group, Inc
Size
45,100 employees
Market Cap
$115.8 billion
Industry
Net Income
$9.4 billion
Founded
1869
5 Year Trend
+11.3%
Revenue
$53.4 billion
NASDAQ

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