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Goldman Sachs Bank AG

Risk, Associate, Operational Risk, Salt Lake City Salt Lake City · · Associate

Goldman Sachs Bank AG, Salt Lake City, Utah, United States, 84193

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Risk, Analyst, Operational Risk, Salt Lake City location_on Salt Lake City, Utah, United States Opportunity Overview sitemap_outline CORPORATE TITLE Senior Analyst language OFFICE LOCATION(S) Salt Lake City assignment JOB FUNCTION Operational Risk account_balance DIVISION Risk Division Level: Analyst Job Summary Goldman Sachs is a leading global financial institution that delivers a broad range of financial services to a large and diversified client base that includes corporations, financial institutions, governments, and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world. The Risk division identifies, monitors, assesses, and manages financial and non-financial risks in support of the firmâs appetite and strategic plan as well as 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 risk is taken and managed. Risk professionals execute critical day-to-day risk management activities, operatingin a fast paced and dynamic environment and utilizing best-in-class risk tools and frameworks. Risk teams are analytically curious, have an aptitude for challenge, and an unwavering commitment to excellence.Effective coordination with executive management, business units, control departments and technology is critical for success. The Operational Risk Department at Goldman Sachs is an independent risk management function responsible for developing and implementing a standardized framework to identify, measure, and monitor operational risk across the firm. Within Operational Risk, the Issue Risk Management team has primary responsibility for the Firmwide Issue Management Framework in addition to independent oversight, review and challenge of remediation, root cause analyses and lessons learned in the process of managing actual and potential risk from deficiencies or gaps in controls and processes. The team engages witha wide array of businesses and risk management groups across the Firm; the cross-disciplinary nature of this work makes for a rewarding and multifaceted work environment. Key Responsibilities: Understand and apply the firmâs issue management governance, including applicable policies, frameworks and standards Engage with stakeholders across the firm on effective review and challenge of enterprise-wide issues, including root causes analysis, remediation and lessons learned Analyze firmwide issues for macro themes, patterns, clustering and emerging risks Facilitate enterprise risk management framework and data collection and oversee and assess key risk processes related to controls, implementation of remediation plans, significant strategic growth initiatives, among others Develop risk and control assessment capabilities and operationalize processes to support them throughout the firm Experience/skills required: 1-2 yrs in the Financial Services/Banking industry or similar role with transferable skills Strong academic record with Bachelorâs degree, equivalent or above in Finance, Mathematics or a related quantitative/analytical discipline preferred Strong understanding of financial and non-financial risk disciplines Exceptional verbal, written, and interpersonal communication skills Strong analytical skills with high attention to detail and accuracy Proven problem-solving and a process & control-oriented mindset High proficiency in Excel and PowerPoint required. Programming experience (e.g. Python, SQL etc.) in workflow automation, data management, and/or data visualization (Tableau, Qlikview) is preferred Desire and ability to collaborate with people from different departments and levels of seniority Desire and ability to communicate complex information and concepts in layperson terms directly with senior management (both written and verbally) 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.

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