OPERATIONS Operations partners with all areas of Goldman Sachs to deliver our institutional, consumer and asset management businesses and to provide a seamless experience for our clients. We manage and process our clients' business, including onboarding, post-trade processing and regulatory compliance. Our teams work closely across the firm to develop and deliver new products and services, while mitigating operational risk and enhancing the client experience. We drive process and technology change to scale and automate our businesses. Operations professionals are either embedded in the revenue division that they support, or they support multiple businesses and are part of core Operations. YOUR IMPACT Do you have a deep subject matter expertise and a passion for risk management? We're looking for a professional to join our Embedded Risk Management (ERM) team specifically focused on the risk within the Corporate Treasury Operations (CTO) area, who can proactively hunt for and monitor risk across the business units they support. OUR IMPACT Our team of critical thinkers partners with groups in all areas of the firm to perform financial analytics and reporting and data analytics and engineering. Our division also provides critical operations design and handles capital markets operations to ensure business flows smoothly across our global offices. From day one, team members play a vital role in upholding the three Operations principles of client focus, process innovation, and risk management. The ERM employs the components of the Operations Risk Management Framework to continuously measure and assess levels of risk for existing/new processes within the Business Unit. In addition to being affiliated with specific product and/or functional areas, the ERM is bound together in the Global Markets Operations Risk Management (GMOR) organization in order to improve consistency of risk measure and assessment practices across the front to back businesses. JOB SUMMARY AND RESPONSIBILITIES
Be proactive risk managers such as probing when incidents occur and assessing the risks the teams are running by truly embedding in the businesses. Conduct risk reviews on areas with particular concern and make recommendations/suggestions to socialize and close and risk and control gaps.
Challenge the status quo - challenge the risk and control framework to further enhance the control environment
Partner with the business units to understand the residual risks that exist after issues are identified and resolved. Engaging with Technology and cross asset teams to achieve this.
Risk Analysis - work with the team and other regional/functional Operations groups to identify key risk metrics (e.g. via KRI's) and highlighting areas of concerns, working with line managers on remediation efforts. Driving the agenda and conversations in risk meetings.
Risk & Control Self-Assessment (RCSA) - work with line managers in ensuring the RCSA risk and control templates reflect the current risk environment and also vet through RCSA issues raised to ensure proper remediation is in place
Work closely with other risk managers in other locations to share key initiatives and best practices; better integrate with the wider global Global Markets Risk Management teams
BASIC QUALIFICATIONS This role requires an energetic self-starter that can liaise with various Operations and other Federation teams both regionally and globally. Solid experience and prudent knowledge in the Firm's operational processing and control requirements are required together with strong interpersonal and analytical skills for this role.
Excellent communication skills to clearly articulate issues and ideas with different levels across Operations and Federation stakeholders.
Strong control mindset with a passion for risk management
Strong analytical skills with an ability to understand complex workflows, and excellent attention to details.
Should have the ability to perform data analytics using metrics to identify trends and themes
Demonstrates strong technical skills required for the role, pays attention to detail, takes initiative to broaden his/her knowledge and demonstrates appropriate financial/analytical skills. Should have knowledge of excel, Alteryx and SharePoint and the ability to take data driven decisions using metrics
Sound time management skills to be able to effectively prioritize and multi-task
Drive and Motivation - Successfully handles multiple tasks, takes initiative to improve his/her own performance, works intensely towards extremely challenging goals and persists in the face of obstacles or setbacks
Proven track record of improving processes and demonstrating successful teamwork
Proven ability to effectively manage operational risks and to develop control enhancements
Good interpersonal skills to build strong relationship with key stakeholders within and outside of Operations
Good influencing skills to work with the Operations team in challenging the status quo and continuously enhancing the control environment
Innovative and flexible in coming up with suggestions and ideas. Looks for new ways to improve current processes and develop creative solutions that are grounded in reality and have practical value
Strong project management skills.
Inquisitive and able to learn quickly
Keeps current with emerging business, economic and market trends
PREFERRED QUALIFICATIONS
Solid knowledge & experience in the Financial Industry.
Practical experience working in Operations.
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 .
