Risk – Operational Risk – Third Party Risk – Associate
| Company | Goldman Sachs |
|---|---|
| Location | Salt Lake City, UT, USA |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Mid Level, Senior |
Requirements
- Bachelor’s degree and 3+ years of relevant experience, which could include working in operational risk, business units, or in consulting organizations.
- Proven business acumen and execution ability with understanding of third party risk management processes or robust grounding in operational risks and controls
- Strong verbal and written communication skills with the ability to present with impact and influence
- Ability to work in a fast-paced environment with a strong delivery focus
- Strong organizational skills and program management skills
- Ability to work in a global team environment and knowledge share with colleagues within team
- Familiarity with enterprise risk management best-practices and controls
Responsibilities
- Identify, monitor, and analyze operational risks arising from third party risk management, including through the vendor management lifecycle and Interaffiliate service provision
- Develop evidence-based challenges focused on improving all third party risk management operations
- Develop, monitor and report key risk indicators and provide independent risk oversight, facilitating incident and issue management, risk appetite assessment, and operational performance reporting
- Propose qualitative and quantitative operational risk appetite/tolerance and monitor risk taking trends through bespoke metrics at firmwide and divisional/sub-divisional levels, escalating concerns to senior management
- Monitor the key control inventory for sufficiency and completeness, and challenge the absence of controls and/ or controls not adhering to defined control standards
- Review New Activities and ensure data related operational risks arising from acquisitions, new products and/or business, and migrations, etc. are carefully considered
- Contribute to divisional and functional risk profile assessments by highlighting risk issues and trends to senior divisional managers and senior Operational Risk management team
- Conduct quarterly triggered assessments for the division to ensure the divisions risk and control self-assessment outcomes are consistent, credible, and underpinned by appropriate evidence
- Remain current on business drivers, regulatory and industry changes impacting the firm’s data governance activities and obligations
- Contribute to the advancement of operational risk methods and practices and the operational risk management framework
- This role requires an energetic, effective communicator that can liaise with 1LoD teams, Operational Risk colleagues, and business verticals and control divisions, both regionally and globally
Preferred Qualifications
- Ability to leverage SQL, Excel, Alteryx tools to design and implement metrics and analytics