Asset & Wealth Management Operations-Dallas-Senior Associate/Associate-Ops Risk & Resilience Da[...]

Goldman Sachs Bank AG; Dallas (TX); On-site; USD 70,000 - 100,000; Full time

Job summary

A leading global financial services firm is seeking an Embedded Risk Manager in Dallas to enhance operational risk management within Wealth Management Operations. This role involves assessing risks, supporting control enhancements, and facilitating communication across teams. Ideal candidates will have strong analytical abilities and a passion for risk management, with a track record of improving processes.

Benefits

Healthcare & Medical Insurance

Competitive vacation policies

Financial wellness and retirement assistance

On-site fitness centers

Child care services

Qualifications

• Ability to perform data analytics and identify trends.
• Experience in risk reporting and governance.
• Strong control mindset with attention to detail.

Responsibilities

• Assist in identifying and mitigating operational risks.
• Perform data analytics and engage with stakeholders.
• Support project management and prioritize tasks.

Skills

Communication

Analytical Skills

Risk Management

Data Analytics

Project Management

Collaboration

Education

Degree in Finance or related field

Tools

Excel

SharePoint

Business Intelligence tools

Job description

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.

Operations is a dynamic, multi-faceted area of the firm that partners with all parts of the firm to deliver banking, sales and trading and asset management capabilities to clients around the world. In addition, Operations provides essential risk management and control to preserve and enhance the firm’s assets and its reputation. For every trade agreed, every new product launched or market entered, every transaction completed, it is Operations that develops the processes and controls that makes business flow.

OUR IMPACT

WM Operations Risk and Resilience is a team of Embedded Risk Managers (ERMs) that closely partners with WM Operations leadership and team managers to continuously measure and assess levels of risk for existing and new processes within the subdivision. The ERMs utilize components of the Operations Risk Management Framework to improve the consistency of risk measurement and risk assessment practices across the subdivision.

Our team is responsible for coordinating the Operations Risk Management framework activities across our subdivision, with a particular focus on risk reporting, remediation, and governance. Other key responsibilities include proactively improving the risk and control framework across Operations through more objective control assessments, conducting post-implementation reviews, and developing risk training programs and risk management tools.

Our team of critical thinkers partners with groups in all areas of the firm to perform data analytics and reporting. The role includes leveraging key contacts in the division, managing senior leadership conversations, driving risk meetings on a weekly basis, facilitating the Risk and Control Self-Assessment (RCSA) process, performing targeted risk assessments, and using personal initiative to ensure appropriate judgment in both planning and event management.

HOW YOU WILL FULFILL YOUR POTENTIAL

• Assist in identifying, assessing, and mitigating operational risks within the organization. Support the development and implementation of risk management strategies and control enhancements.
• Perform data analytics using metrics to identify trends and themes. Utilize tools such as Excel, SharePoint, and other analytics tools to analyze data and make data-driven decisions.
• Engage with and influence stakeholders across various levels of the organization. Build strong relationships with key stakeholders within and outside of WM Operations.
• Contribute to the continuous improvement of processes by generating innovative ideas and practical solutions. Demonstrate a proven track record of improving processes and successful teamwork.
• Review existing processes and controls within Operations teams to identify potential risks or gaps, and suggest enhancements to mitigate those risks.
• Support project management efforts by effectively prioritizing and managing multiple tasks. Ensure projects are completed efficiently and on time.
• Demonstrate strong technical skills required for the role. Take initiative to broaden knowledge and enhance financial/analytical skills.
• Work with the Operations team to challenge the status quo and continuously enhance the control environment. Manage operational risks and develop control enhancements.
• Clearly articulate issues and ideas with different levels across key stakeholders. Possess excellent communication skills to effectively engage and influence stakeholders.

BASIC QUALIFICATIONS

• Excellent communication skills with ability to clearly articulate issues and ideas with different levels across key stakeholders. Must possess ability to engage with and influence stakeholders outside of their direct control.
• Strong control mindset with a passion for risk management
• Strong analytical skills with an ability to understand complex workflows, and excellent attention to details.
• Must possess the ability to perform data analytics using metrics to identify trends and themes. Should have proficiency in Excel and SharePoint, and the ability to take data-driven decisions.
• Demonstrates strong technical skills required for the role, takes initiative to broaden his/her knowledge, and demonstrates appropriate financial/analytical skills.
• Sound time management skills to be able to effectively prioritize and multi-task.
• Drive and Motivation - Successfully handles multiple tasks, takes initiative to improve her/his 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.
• Demonstrated ability to be Innovative and generate ideas and suggestions.

PREFERRED QUALIFICATIONS

• Knowledge of business intelligence tools such as Alteryx and Tableau.
• Solid knowledge & experience in the Financial Services industry.

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.

Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.

Healthcare & Medical Insurance

We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.

We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.

Financial Wellness & Retirement

We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.

Health Services

We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.

Fitness

To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).

Child Care & Family Care

We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.

Benefits at Goldman Sachs

Read more about the full suite of class-leading benefits our firm has to offer.