Risk-Operational Risk-Associate-Bengaluru

Goldman Sachs Group; Bengaluru; On-site; INR 1,500,000 - 2,300,000; Full time

Job summary

Goldman Sachs Bengaluru is seeking an Associate for the Operational Risk Assessments Team to help execute and evolve our RCSA program. You will collaborate with business lines, analyze risk data, and develop insightful reporting to support risk governance.

The role emphasizes cross‑functional collaboration, process improvement, and regulatory alignment, within a dynamic, global investment banking environment.

Qualifications

• 4–7 years of experience in Risk Management, Internal Audit, Compliance, or related financial services role.
• Basic understanding of operational risk frameworks and RCSA.
• Strong analytical and problem‑solving skills to interpret risk data.
• Experience supporting framework enhancements or process improvements.
• Proven ability to manage projects and coordinate deliverables with multiple stakeholders.
• Excellent verbal and written communication skills.
• Proficiency in Excel and PowerPoint.
• Self‑motivated, collaborative, and curious about firm operations.

Responsibilities

• Support BAU RCSA activities, including assessment planning, stakeholder coordination, and tracking timelines.
• Analyze assessment outputs, risk data, and control information to identify trends and insights.
• Develop reporting, dashboards, and management materials on the risk profile and results.
• Partner with stakeholders to support assessment execution and program enhancements.
• Contribute to development and implementation of assessment strategy initiatives and process improvements.
• Support regulatory, audit, and remediation initiatives for the risk framework.
• Manage and coordinate project deliverables for key assessment initiatives.
• Provide guidance on assessment requirements, standards, and tools.

Skills

RCSA knowledge

Analytical thinking

Stakeholder coordination

Excel

PowerPoint

Communication

Project management

Bachelor‑level degree

Education

Bachelor’s degree

Tools

Excel

PowerPoint

Job description

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

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.

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