Asset & Wealth Management - Private Operational Risk - Associate - Dallas

Goldman Sachs; Dallas (TX); Hybrid; USD 110,000 - 160,000; Full time

Job summary

Goldman Sachs in Dallas, TX seeks an Operational Risk Associate for the AM Private Operational Risk team to reinforce the risk management framework across asset management businesses. You will collaborate with deal teams, portfolio managers, traders, operations and engineering to identify and remediate operational risks, document events, perform inherent risk assessments, and evaluate controls.

The role emphasizes analytics using Tableau and Alteryx to uncover trends, plus governance and

Qualifications

• Bachelor’s degree in finance, economics, business administration, or related field.
• Minimum of 3 years’ experience in asset management or related area.
• Strong analytical and problem-solving abilities.
• Proficiency in Microsoft Office (Excel, PowerPoint, Word).
• Experience with Tableau for dashboard development.
• Experience using AI tools and data mining for unstructured data.

Responsibilities

• Collaborate with leadership and stakeholders to identify operational risks.
• Document risk events, perform inherent risk assessments, and evaluate controls.
• Assist with escalation procedures and incident management.
• Conduct deep dive reviews and targeted risk assessments.
• Develop and publish standardized control metrics and analytics tools.
• Manage governance and reporting of risk initiatives with analytics and visualization.

Skills

Analytical skills

Problem-solving

Communication

Team collaboration

Self-motivated

Detail-oriented

Education

Bachelor’s degree in finance, economics, business administration, or related field

Tools

Tableau

Alteryx

Microsoft Excel

PowerPoint

Word

Job description

Job Description

Overview

We are seeking a highly motivated and detail-oriented Operational Risk Associate to join our AM Private Operational Risk team. This position plays an integral role in supporting the risk management framework across multiple business segments within the Goldman Sachs Asset & Wealth Management (AWM) division. The primary responsibilities include proactive identification of operational risks, conducting root cause analysis, fostering business partnerships, promoting operational resilience, engaging stakeholders, evaluating controls, and implementing firmwide frameworks. Collaboration with various stakeholder groups throughout the firm and division—including investment teams, compliance, legal, operations, and other risk management functions is essential to ensure comprehensive assessment of operational risks, effective operation of controls, and adherence to industry regulations as well as the firm's overarching risk management and governance standards.

How You Will Fulfill Your Potential:

• Collaborate with business leadership, deal teams, portfolio managers, traders, operations, and engineering partners to proactively identify and remediate areas of operational risk.
• Support the implementation of the firmwide risk framework, including documenting operational risk events, performing inherent risk assessments, and conducting control evaluations.
• Assist with escalation procedures and dissemination of significant events, facilitating the management of ongoing incidents.
• Conduct functional deep dive reviews and targeted risk assessments to identify, analyze, and address control gaps and emerging risks.
• Develop, analyze, and publish standardized control metrics, while developing business analytics tools (e.g. Tableau, Alteryx) to identify trends, errors and opportunities for process improvement.
• Manage governance and reporting of control and risk initiatives through advanced business analytics and visualization tools.

Skills & Experience Required:

• Bachelor’s degree in finance, Economics, Business Administration, or a related discipline.
• Minimum of 3 years’ experience in asset management, private investing, alternatives investing, non-financial risk management, compliance, or a related area within the asset management sector.
• Demonstrated analytical and problem-solving abilities.
• Strong proficiency in Microsoft Office Suite, including Excel, PowerPoint, and Word.
• Strong proficiency in workflow tools such as Tableau for dashboard development.
• Experience utilizing AI tools, data mining, and techniques for analyzing unstructured data.
• Exceptional communication and people skills, with the capacity to collaborate effectively within a team.
• Self-driven, able to proactively identify and resolve issues.
• Meticulous attention to detail and commitment to accuracy.

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.

We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html

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.

Job Info

• Job Identification 167804
• Job Category Associate
• Locations Dallas, TX, United States

Healthcare & Medical Services

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

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

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).

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..

Learn More