Asset & Wealth Management, Risk Governance, Associate - Dallas

Goldman Sachs•Dallas, TX

18h•Onsite

About The Position

The Asset & Wealth Management Risk and Governance Associate will play a pivotal role in a high-priority strategic program: the development and implementation of a comprehensive Global Risk Profile. This initiative is designed to unify risk oversight across our main business segments, as well as our globally regulated entities, ensuring a consistent approach to identifying, quantifying, and mitigating risks in an increasingly complex macroeconomic and regulatory environment. This role involves collaborating with various stakeholders across the organization to support the development and maintenance of the AWM Risk Profile. This will involve identifying critical risks, developing sophisticated scoring methodologies and translating these into functional requirements for Business Intelligence teams. This role also includes active stakeholder engagement and managing deliverables within project timelines and provides actionable insights for Executive level leadership. This is a unique opportunity for an emerging professional to gain exposure to multi-asset class risk management, strategic project execution, and high-level stakeholder engagement within a premier financial institution.

Requirements

1-5 years of experience of experience in risk management, governance or business analysis.
Exposure to financial services, operational risk, audit or risk management a plus
Familiarity with asset and wealth management products, services, and regulations (e.g., mutual funds, ETFs, hedge funds, private equity, wealth advisory practices)
Excellent analytical, problem-solving, and communication skills (both written and verbal)
Ability to translate complex risk concepts into simple visual requirements for developers and executive summaries
Ability to work independently and as part of a team
Bachelor's degree in Finance, Economics, Data Analytics, or a related field.
Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint), and project management tools.
Strong understanding of how data is structured; experience with SQL or Tableau/PowerBI is a plus
Strong project management skills, with a proven ability to manage deliverables within project timelines.

Responsibilities

Assist in the design and population of the firm’s global risk profile, covering Market, Credit, Liquidity, Operational, and Fiduciary risks.
Collect and synthesize complex datasets from various business units (Asset Management, Private Wealth, and Alternatives) to create a "single source of truth" for risk reporting.
Support the Program Management Office (PMO) in tracking milestones, managing documentation, and ensuring the timely delivery of strategic risk workstreams.
Develop and maintain the scoring logic used to rate risks across the division.
Help develop and maintain interactive risk dashboards for senior management, highlighting emerging trends and potential limit breaches.
Act as the primary liaison between the Risk Governance team and technical BI teams.
Draft detailed Business Requirement Documents (BRD) for automated risk reports.
Define data sourcing requirements to move from manual reporting to automated, "single-source-of-truth" metrics.
Lead User Acceptance Testing (UAT) to ensure dashboards accurately reflect the intended risk logic and data integrity.
Identify efficiencies in how risk data is collected and reported across different business lines.
Ensure alignment with enterprise-wide standards.
Work closely with Risk leads and Operational Risk coverage teams, Compliance, and Operations to validate risk assumptions and refine risk appetite statements.
Prepare presentation materials for Risk Committees and Board-level updates regarding the progress of the strategic risk program.
Prepare high-quality presentation materials for council/Committee meetings.
Engage with senior stakeholders to identify "deep dive" topics for upcoming meetings.
Monitor metrics and provide commentary on breaches or emerging trends.