Risk - Operational Risk - Associate - London
Goldman Sachs
2021-12-03 07:34:11
Barkingside, Greater London, United Kingdom
Job type: fulltime
Job industry: Banking & Financial Services
Job description
MORE ABOUT THIS JOB
RISK
The Risk division is responsible for credit, market, operational, model, and liquidity risks throughout the firm.
RESPONSIBILITIES AND QUALIFICATIONS
YOUR IMPACT
Through assessing and managing operational risk across the firm, you will contribute to effective and comprehensive risk management as the firm executes on its business strategy. In doing so, you will provide commercial and strategic risk insight to the firm, including adjusting business practices to reduce inherent risk and enhance controls. You will become a risk expert with in-depth knowledge of various divisions and all aspects of operational risk.
HOW YOU WILL FULFILL YOUR POTENTIAL
The Operational Risk Department, an independent risk management function as part of the Risk Division, is responsible for developing and implementing a standardized framework for assessing, monitoring and managing operational risks across the firm. The role is for a professional dedicated to actively employing and strengthening the components of the firm's operational risk management framework.
Responsibilities include:
- Working with stakeholders across the firm to further develop and strengthen the operational risk framework and its individual components
- Contributing to the advancement and/or execution of operational risk programs and practices
- Help develop and institutionalize governance processes and enhance controls, driving a culture of risk management and mitigation
- Monitoring and analyzing risk measures and metrics
- Providing clear and concise verbal and written recommendations and guidance to internal colleagues on matters of operational risk management
- Remaining current on business drivers, regulatory and industry changes impacting the business, identifying new or emerging risks to which the firm is exposed
- Provide support to regulatory deliverables and overall engagement relating to operational risk
Key Skills
This role requires an energetic self-starter, who can engage with stakeholders across the firm at several levels of management, both regionally and globally, and may require occasional interaction with external parties. Strong interpersonal, analytical and presentation skills are required for this role. Project or other change management skills are also recommended.
- Excellent interpersonal, verbal and written communication skills
- Strong organizational skills, including project or change management
- Ability to work in a fast-paced environment
- Technical and quantitative aptitude to be able to understand and develop quantification of operational risks
- Self-starter, continuous learner, proactive, independent, proven delivery track record
- High attention to detail Team oriented, inquisitive and enthusiastic
ABOUT GOLDMAN SACHS
YOUR IMPACT
Through assessing and managing operational risk across the firm, you will contribute to effective and comprehensive risk management as the firm executes on its business strategy. In doing so, you will provide commercial and strategic risk insight to the firm, including adjusting business practices to reduce inherent risk and enhance controls. You will become a risk expert with in-depth knowledge of various divisions and all aspects of operational risk.
HOW YOU WILL FULFILL YOUR POTENTIAL
The Operational Risk Department, an independent risk management function as part of the Risk Division, is responsible for developing and implementing a standardized framework for assessing, monitoring and managing operational risks across the firm. The role is for a professional dedicated to actively employing and strengthening the components of the firm's operational risk management framework.
Responsibilities include:
- Working with stakeholders across the firm to further develop and strengthen the operational risk framework and its individual components
- Contributing to the advancement and/or execution of operational risk programs and practices
- Help develop and institutionalize governance processes and enhance controls, driving a culture of risk management and mitigation
- Monitoring and analyzing risk measures and metrics
- Providing clear and concise verbal and written recommendations and guidance to internal colleagues on matters of operational risk management
- Remaining current on business drivers, regulatory and industry changes impacting the business, identifying new or emerging risks to which the firm is exposed
- Provide support to regulatory deliverables and overall engagement relating to operational risk
Key Skills
This role requires an energetic self-starter, who can engage with stakeholders across the firm at several levels of management, both regionally and globally, and may require occasional interaction with external parties. Strong interpersonal, analytical and presentation skills are required for this role. Project or other change management skills are also recommended.
- Excellent interpersonal, verbal and written communication skills
- Strong organizational skills, including project or change management
- Ability to work in a fast-paced environment
- Technical and quantitative aptitude to be able to understand and develop quantification of operational risks
- Self-starter, continuous learner, proactive, independent, proven delivery track record
- High attention to detail Team oriented, inquisitive and enthusiastic