Full-Time

Global Banking & Markets Operations

Operational Risk, Associate

Confirmed live in the last 24 hours

Goldman Sachs

Goldman Sachs

Global investment banking and asset management firm

No salary listed

Mid

Company Historically Provides H1B Sponsorship

Hyderabad, Telangana, India

Category
Risk Management
Finance & Banking
Required Skills
Word/Pages/Docs
Risk Management
Data Analysis
Excel/Numbers/Sheets
PowerPoint/Keynote/Slides
Requirements
  • Good understanding of the global markets franchise offered by the firm and experience within a risk management context are required.
  • An energetic self-starter with strong control mindset with a passion for risk management
  • Excellent communication skills to clearly articulate issues and ideas with different levels across Global Banking and Markets stakeholders.
  • Strong analytical skills with an ability to understand complex workflows, and excellent attention to details.
  • Innovative, including a keen eye for identifying areas of control enhancements and automation which have practical value.
  • Good influencing skills to challenge the status quo and continuously enhance the control environment.
  • Sound time management skills to be able to effectively prioritize and multi-task.
  • Drive and motivation to improve personal performance, broaden knowledge, work intensely towards extremely challenging goals and persist in the face of obstacles or setbacks.
  • Good interpersonal and teamwork skills to collaborate as a global team and build strong relationships with key stakeholders across Divisions.
  • Keeps current with emerging business, economic and market trends
  • Aptitude handling large data sets, synthesizing a variety of information to summarize a profile.
  • Proficient in Excel, PowerPoint, MS Word
Responsibilities
  • Develop an in-depth knowledge of the operational risk and control profile across Global Banking & Markets (GBM)
  • Advise, challenge, inform the businesses on recommended ways to mitigate risk; review action items to ensure that risk is being sufficiently addressed
  • Set the tone from the top: Act as a culture carrier by embedding & propagating a risk mind-set and awareness within the team, region & globally
  • Identify ways to share risk best practices across teams and functions, and with other business lines where like processes exist/there is exposure to similar risk
  • Partner with the business lines to understand the residual risks that exist after issues are resolved and engage across the front to back to apply lessons learned to improve our risk and control framework
  • Control QA & Monitoring framework. Identify continuous improvement mechanisms to strengthen the framework based on ever-evolving changes in process, regulations & platforms
  • Work with our QA team to design tests for data quality, lineage and controls across a range of products, business lines and processes, including both manually and systematically created data. Develop methodologies to define test scripts, execute tests, including frequency, sampling, evidencing, and follow-up actions which integrate with the broader Divisional risk management framework and datasets
  • Partner with developers and low-code specialists to develop tooling to support test execution, recordkeeping and reporting
  • Work with our BI team in building data models / data visualization for generating multi-dimensional reporting
  • Maintain strong relationships and connectivity with the broader control and data organizations to enable maintenance of the test suites as the operating and control environment changes
  • Execute test suites using manual and automated techniques, and integrate results into the broader risk management framework, including control enhancements and risk assessments
  • Participate in the ongoing uplift and innovation of operational risk processes designed which facilitate GBM Operational Risk & Resilience (ORR) supervisors and leadership’s understanding and management of their risk and controls
  • Coordinate end-to-end risk management delivery with other Divisions, such as Compliance, Legal, Risk and Internal Audit as well as support regulatory interactions
Desired Qualifications
  • Practical experience in Sales and Trading, Risk or Operations functions
  • Experience in audit / testing methodologies, Control testing (manual & automated)

Goldman Sachs provides a variety of financial services, including investment banking, asset management, and securities trading. The firm offers advisory services for mergers and acquisitions, helps clients with underwriting securities, and manages assets for a diverse clientele that includes corporations, financial institutions, governments, and wealthy individuals. Revenue is generated through fees for these advisory services, trading commissions, and asset management fees. Goldman Sachs distinguishes itself from competitors by its extensive experience and commitment to social responsibility, which includes initiatives to support small businesses and promote racial equity. The company's goal is to deliver high-quality financial services while also making a positive impact on society.

Company Size

N/A

Company Stage

IPO

Headquarters

New York City, New York

Founded

1869

Simplify Jobs

Simplify's Take

What believers are saying

  • Goldman Sachs co-invested $700 million in Kakao Mobility, expanding its transportation sector presence.
  • The firm arranged a ¥40.7 billion bond for Sharing Energy, boosting renewable energy investments.
  • Goldman Sachs' Growth Equity led a $55 million Series C funding for AI leader Navina.

What critics are saying

  • Increased competition in AI-driven financial services could challenge Goldman Sachs' traditional models.
  • Stock market volatility from geopolitical events may impact Goldman Sachs' trading revenues.
  • The trend of private companies delaying IPOs could reduce Goldman Sachs' advisory fee opportunities.

What makes Goldman Sachs unique

  • Goldman Sachs is a leader in global investment banking and financial services.
  • The firm has a strong commitment to social responsibility and racial equity initiatives.
  • Goldman Sachs offers a diversified client base, including corporations, governments, and high-net-worth individuals.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Paid Vacation

Paid Sick Leave

Paid Holidays

Professional Development Budget

Company News

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