Global Banking & Markets - Private Non-Financial Risk Management

At Goldman Sachs, we connect people, capital and ideas to help solve problems for our clients.  We are a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals.  For us, it’s all about bringing together people who are curious, collaborative and have the drive to make things possible for our clients and communities.

OUR IMPACT

We are a dynamic multi-faceted division that partners with all parts of the firm to provide banking, securities and asset management services to clients around the world. Our team of risk managers is aligned with our Global Banking and Markets (GBM) Private organization to deliver an integrated approach to serving our global client franchise, providing essential first line of defense risk management and controls to preserve and enhance the firm’s assets and reputation. We continuously measure and assess levels of risk for existing/new processes for the businesses we support and partner with the second line of defense Compliance and Risk organizations to improve consistency of risk measure and assessment practices.

YOUR IMPACT

We are looking for a professional to join our GBM Private Non-Financial Risk Management team. In this role, you will support our GBM Private franchise to help manage and improve our strategic, business environment, operational and compliance risk profile. Your opportunity for high visibility impact includes analyzing the key risks and controls managed by the GBM Private teams, dynamically responding to emerging risks, applying risk management tools to monitor and communicate to the leadership group, and sharing best practices to continuously challenge, improve risk management culture and the control environment. You will also have the opportunity to drive innovation through automation and the application of emerging technologies, including AI, to enhance risk monitoring and reporting capabilities.

RESPONSIBILITIES 

• Risk Analytics – monitor and report on key risk metrics (via KRI’s/KPI’s), highlighting any areas of concerns and remediation efforts. Identify opportunities to automate reporting and leverage AI-driven tools to enhance risk analytics.
• Help drive the agenda and conversations in risk meetings; prepare commercially effective risk management conclusions, and present to GBM senior management and other stakeholders.
• Probe when incidents occur and assess the risks the teams are running; partner with the business units to understand the residual risks that exist after issues are identified and resolved.
• Conduct risk reviews on areas with particular concern and make recommendations/suggestions to socialize and close any control gaps
• Challenge the status quo – challenge the risk and control framework to further enhance the control environment. Work outside business unit and divisional boundaries to manage and improve the risk profile commercially.
• Identify and implement automation solutions and explore the use of AI/machine learning to streamline risk processes, improve data quality, and enhance the efficiency of risk monitoring and reporting.
• Work closely with other risk managers in other locations supporting Front Office, Operations and Engineering to share key initiatives and best practices and develop integrated risk solutions.
• Establish trusted partnerships with peers, functional leads, and executive level stakeholders

PREFERRED SKILLS & EXPERIENCE:

• Experience within non-financial risk disciplines, such as operational risk management / enterprise risk / compliance / audit / other governance function preferred
• Strong risk and control mindset with a genuine curiosity and passion for understanding how risks arise and how controls can be improved.
• Strong analytical skills, willing and able to learn new business and system processes quickly.
• Team-oriented with a solid sense of ownership and accountability.
• Highly motivated with the ability to multi-task and remain organized in a fast-paced environment.
• Excellent verbal and written communication skills to clearly articulate problems and ideas with different levels across stakeholders.
• Innovative, including a keen eye for identifying areas of control enhancements and automation which have practical value.
• Sound time management skills to be able to effectively prioritize and multi-task.
• Preferred/Bonus: Experience with automation tools, scripting languages (e.g., Python, VBA), data visualization platforms, or AI/machine learning applications in a risk management or controls context. A keen eye for identifying areas of control enhancement and practical automation opportunities.
• 1-3 years of professional experience in risk management, public accounting, consulting, internal audit and/or regulatory agency examiner role within the financial services industry or a related control function.
• 4-year degree in a finance, accounting, or quantitative discipline, and ideally a graduate degree in a related subject.