Operational Risk Associate

Goldman Sachs Services Pvt Ltd; Bengaluru; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Goldman Sachs Bengaluru is seeking an Associate in the Operational Risk Assessments team to support the execution of the RCSA program. This mid-level role focuses on delivering BAU activities, analysis, and reporting to strengthen the firm’s risk posture.

You will collaborate with stakeholders across the Risk Division, develop dashboards, and help drive program enhancements while supporting regulatory and audit initiatives.

Qualifications

• 4–7 years of experience in risk management, internal audit, or compliance.
• Knowledge of RCSA frameworks and risk assessment methodologies.
• Strong analytical and problem-solving skills with data interpretation.
• Experience coordinating projects across multiple stakeholders.
• Excellent verbal and written communication.
• Bachelor’s degree required.

Responsibilities

• Support BAU RCSA activities planning and coordination.
• Analyze risk data and control information for trends.
• Develop dashboards and management materials on risk profile.
• Collaborate with stakeholders to enhance assessment programs.
• Contribute to strategy initiatives and process improvements.
• Support regulatory, audit, and remediation efforts.
• Coordinate deliverables across teams for framework uplift.
• Provide guidance on assessment requirements and tools.

Skills

Analytical skills

Communication skills

Project coordination

Stakeholder management

Education

Bachelor's degree

Tools

Excel

PowerPoint

Job description

Risk-Operational Risk-Associate-Bengaluru Risk Division The Risk Division develops comprehensive processes to monitor, assess and manage the risk of expected and unexpected events that may have an adverse impact on the firm. Risk teams play a critical function for the firm, driving how the firm takes and manages risk.

Associate, Operational Risk Assessments Team

The Operational Risk Assessment Execution team within Operational Risk is responsible for developing and implementing a standardized framework to identify, measure, monitor, and assess operational risk across the firm. The Associate will support the execution, enhancement, and strategic evolution of the firm’s Risk and Control Self-Assessment (RCSA) program.

Responsibilities

• Support the execution of business-as-usual (BAU) RCSA activities, including assessment planning, stakeholder coordination, and tracking completion against established timelines
• Analyze assessment outputs, risk data, and control information to identify trends and areas requiring management attention
• Develop reporting, dashboards, and management materials that provide insight into the firm’s operational risk profile and assessment results
• Partner with stakeholders across the firm to support assessment execution and ongoing program enhancements
• Contribute to the development and implementation of assessment strategy initiatives, methodology enhancements, and process improvements
• Support regulatory, audit, and remediation initiatives related to the operational risk assessment framework
• Manage and coordinate project deliverables associated with key assessment and framework uplift initiatives
• Provide guidance to stakeholders on assessment requirements, standards, and supporting tools

Qualifications

• 4-7 years of experience in Risk Management, Internal Audit, Compliance, or a related financial services role
• Basic understanding of operational risk management frameworks and risk assessment methodologies, including Risk and Control Self-Assessments (RCSA)
• Strong analytical and problem-solving skills, with the ability to interpret risk and control data to identify meaningful insights
• Experience supporting framework enhancements or process improvements
• Proven ability to manage projects and coordinate deliverables across multiple stakeholders in a fast-paced environment
• Excellent verbal and written communication skills
• Proficiency in Excel and PowerPoint
• Self-motivated, collaborative, and intellectually curious, with a desire to understand different areas of the firm and contribute to the ongoing evolution of the operational risk program
• Bachelor’s degree required

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