Asset & Wealth Management, Monitoring & Testing, Analyst/Associate - Dallas Dallas · · Associate

Goldman Sachs Bank AG; Dallas (TX); On-site; USD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a passionate Analyst to join their dynamic team in Dallas. This role focuses on risk governance within the Asset & Wealth Management division, where you'll contribute to transformative projects that enhance operational efficiency and ensure regulatory compliance. Your expertise in risk management and data analysis will be crucial as you collaborate with global teams to develop and execute risk and control management strategies. If you're an energetic self-starter with a strong control mindset and excellent communication skills, this is a fantastic opportunity to make a significant impact in a fast-paced environment.

Qualifications

• Solid understanding of Asset & Wealth Management and risk management experience required.
• Strong analytical skills and ability to navigate data sets and develop metrics.

Responsibilities

• Develop knowledge of operational risk and control profile across Asset & Wealth Management.
• Execute monitoring and testing processes, identifying potential risks and control weaknesses.

Skills

Risk Management

Data Analysis

Communication Skills

Analytical Skills

Programming Fundamentals

Control Mindset

Time Management

Team Collaboration

Education

Bachelor's Degree in Finance or related field

Tools

Data Visualization Tools

BI Tools

Automated Testing Tools

Job description

Opportunity Overview

CORPORATE TITLE: Associate

OFFICE LOCATION(S): Dallas

JOB FUNCTION: Risk Governance

DIVISION: Asset & Wealth Management

YOUR IMPACT

Are you passionate about transformation projects and contributing to the ever-evolving landscape of the Asset & Wealth Management industry? Can you see yourself in a fast-paced, global team environment, working on the development and execution of risk and control management strategies?

We are looking for an Analyst to serve as a member of the Monitoring & Testing function in Hyderabad, a critical role within the Asset & Wealth Management Strategic Transformation Office. By executing monitoring and testing processes and identifying potential risks and control weaknesses, this position contributes directly to the firm’s success by ensuring regulatory compliance, protecting client assets, and improving operational efficiency.

HOW YOU WILL FULFILL YOUR POTENTIAL

• Develop an in-depth knowledge of the operational risk and control profile across Asset & Wealth Management.
• Advise, challenge, and inform the businesses on recommended ways to mitigate risk; review action items to ensure that risk is being sufficiently addressed.
• Sets the tone from the top: Acts as a culture carrier by embedding & propagating a risk mindset 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.
• Risk analysis: Work with stakeholders to develop KRI’s / KPI’s which can be used to monitor operational health of our framework. Use these to drive the risk agenda with the leadership group, highlight areas of concern, and partner with line managers to develop, execute, and monitor progress on remediation plans.

QA & Technical Hat

• Develop 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.
• Coordinate end-to-end risk management delivery with other Divisions, such as Compliance, Legal, Risk, and Internal Audit, as well as support regulatory interactions.

SKILLS & QUALIFICATIONS

• Solid understanding of the Asset & Wealth Management franchise and experience within a risk management context are required.
• Exposure to qualitative and quantitative controls and data testing across financial products.
• Working knowledge of programming fundamentals including software development life cycle concepts.
• Ability to navigate data sets, develop metrics, and perform analysis.
• An energetic self-starter with strong control mindset and a passion for risk management.
• Excellent communication skills to clearly articulate issues and ideas with different levels across Asset & Wealth Management stakeholders.
• Strong analytical skills with an ability to understand complex workflows, and excellent attention to detail.
• 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.
• Ability to perform data analytics using metrics to identify trends and themes.
• Sound time management skills to be able to effectively prioritize and multi-task.
• A mentor / coach to juniors in the team.
• 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 for handling large data sets, synthesizing a variety of information to summarize a profile.
• Track record of delivering and enhancing measurable, impactful business outcomes and product.