Goldman Sachs Group, Inc.
Risk, Operational Risk, Associate, Salt Lake City
Goldman Sachs Group, Inc., Salt Lake City, Utah, United States, 84193
Risk, Operational Risk, Associate, Salt Lake City
Salt Lake City, Utah, United States
Job Description Team / Role: Transaction Execution and Processing Risk (TEPR)
Level/Location: Associate, SLC
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.
Position Overview:
The Transaction, Execution and Processing Risk (TEPR) team is a 2nd Line of Defense (2LoD) team with a focus on independently overseeing and challenging the execution & processing risks of transaction lifecycles of the Firm. We are seeking a candidate to support the team’s efforts in managing the transaction-related operational risks as it relates to Asset & Wealth Management (AWM) business activities. The ideal candidate will have experience supporting different stages in transaction lifecycle, including pre-trade, trade execution, and post-trade execution activities, as well as understanding of a financial institution’s operational risk management framework (ORMF) elements.
Responsibilities:
Contribute to the development, implementation, and maintenance of the firm’s strategy for managing transaction, execution and processing risk, aligning with the Firm's overall risk management framework
Understand the process flows of the Firm’s transaction lifecycles across AWM
Set minimum controls requirements for the activities in each stage of the transaction lifecycle
Identify, analyze and challenge transaction execution and processing risks with a horizontal view across the business segments
Utilize data analytics and reporting tools to support the 2LoD analyses and challenges
Support creation of a 2LoD metrics program to support a qualitative/quantitative to maintain ongoing monitor, triggers, escalation, and mitigating actions of the relevant control vulnerabilities and risk profile changes
Evaluate the impact and likelihood of risks as well as review adequacy and effectiveness of existing controls and recommend enhancements
Perform detailed reviews of TEPR-related incident trends to identify significant risks or control deficiencies and ensure remediation of issues comprehensively and timely.
Prepare and present comprehensive risk profile reports to senior management, highlighting key risk themes, trends, and strategic recommendations.
Develop presentation materials and conduct sessions to educate staff on transaction execution and processing risks
Raise awareness about risk management practices and promote a risk-aware culture across the organization
Mentor and guide a team of risk managers, fostering professional growth and skill development
Provide subject matter expertise during internal and regulatory audits and examinations as well as thought leadership within the organization.
Qualifications and skills
Bachelor’s degree or equivalent required
Master’s degree is a plus
3+ years of experience in risk management or related areas within the financial services industry preferred, specifically with exposure to AWM products and processes.
Familiarity with enterprise risk management and operational risk management best-practices and controls
Proficient in data analysis and reporting
Exceptional analytical skills with the ability to synthesize complex data and provide strategic insights in written and verbal form.
Excellent communication and presentation skills
Experience in working in a team setting
Proficient in Excel, PowerPoint, and SharePoint – Tableau & SQL are a plus
Understanding of regulatory requirements impacting AWM transactions
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 150019
Job Category Associate
Posting Date 12/09/2025, 09:08 PM
Locations Salt Lake City, Utah, 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
#J-18808-Ljbffr
Job Description Team / Role: Transaction Execution and Processing Risk (TEPR)
Level/Location: Associate, SLC
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.
Position Overview:
The Transaction, Execution and Processing Risk (TEPR) team is a 2nd Line of Defense (2LoD) team with a focus on independently overseeing and challenging the execution & processing risks of transaction lifecycles of the Firm. We are seeking a candidate to support the team’s efforts in managing the transaction-related operational risks as it relates to Asset & Wealth Management (AWM) business activities. The ideal candidate will have experience supporting different stages in transaction lifecycle, including pre-trade, trade execution, and post-trade execution activities, as well as understanding of a financial institution’s operational risk management framework (ORMF) elements.
Responsibilities:
Contribute to the development, implementation, and maintenance of the firm’s strategy for managing transaction, execution and processing risk, aligning with the Firm's overall risk management framework
Understand the process flows of the Firm’s transaction lifecycles across AWM
Set minimum controls requirements for the activities in each stage of the transaction lifecycle
Identify, analyze and challenge transaction execution and processing risks with a horizontal view across the business segments
Utilize data analytics and reporting tools to support the 2LoD analyses and challenges
Support creation of a 2LoD metrics program to support a qualitative/quantitative to maintain ongoing monitor, triggers, escalation, and mitigating actions of the relevant control vulnerabilities and risk profile changes
Evaluate the impact and likelihood of risks as well as review adequacy and effectiveness of existing controls and recommend enhancements
Perform detailed reviews of TEPR-related incident trends to identify significant risks or control deficiencies and ensure remediation of issues comprehensively and timely.
Prepare and present comprehensive risk profile reports to senior management, highlighting key risk themes, trends, and strategic recommendations.
Develop presentation materials and conduct sessions to educate staff on transaction execution and processing risks
Raise awareness about risk management practices and promote a risk-aware culture across the organization
Mentor and guide a team of risk managers, fostering professional growth and skill development
Provide subject matter expertise during internal and regulatory audits and examinations as well as thought leadership within the organization.
Qualifications and skills
Bachelor’s degree or equivalent required
Master’s degree is a plus
3+ years of experience in risk management or related areas within the financial services industry preferred, specifically with exposure to AWM products and processes.
Familiarity with enterprise risk management and operational risk management best-practices and controls
Proficient in data analysis and reporting
Exceptional analytical skills with the ability to synthesize complex data and provide strategic insights in written and verbal form.
Excellent communication and presentation skills
Experience in working in a team setting
Proficient in Excel, PowerPoint, and SharePoint – Tableau & SQL are a plus
Understanding of regulatory requirements impacting AWM transactions
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 150019
Job Category Associate
Posting Date 12/09/2025, 09:08 PM
Locations Salt Lake City, Utah, 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
#J-18808-Ljbffr