Asset & Wealth Management - Private Operational Risk - Associate - Dallas

Goldman Sachs • Dallas, TX

1d

About The Position

We are seeking a highly motivated and detail-oriented Operational Risk Associate to join our AM Private Operational Risk team. This position plays an integral role in supporting the risk management framework across multiple business segments within the Goldman Sachs Asset & Wealth Management (AWM) division. The primary responsibilities include proactive identification of operational risks, conducting root cause analysis, fostering business partnerships, promoting operational resilience, engaging stakeholders, evaluating controls, and implementing firmwide frameworks. Collaboration with various stakeholder groups throughout the firm and division—including investment teams, compliance, legal, operations, and other risk management functions—is essential to ensure comprehensive assessment of operational risks, effective operation of controls, and adherence to industry regulations as well as the firm's overarching risk management and governance standards.

Requirements

• Bachelor’s degree in finance, Economics, Business Administration, or a related discipline.
• Minimum of 3 years’ experience in asset management, private investing, alternatives investing, non-financial risk management, compliance, or a related area within the asset management sector.
• Demonstrated analytical and problem-solving abilities.
• Strong proficiency in Microsoft Office Suite, including Excel, PowerPoint, and Word.
• Strong proficiency in workflow tools such as Tableau for dashboard development.
• Experience utilizing AI tools, data mining, and techniques for analyzing unstructured data.
• Exceptional communication and people skills, with the capacity to collaborate effectively within a team.
• Self-driven, able to proactively identify and resolve issues.
• Meticulous attention to detail and commitment to accuracy.

Responsibilities

• Collaborate with business leadership, deal teams, portfolio managers, traders, operations, and engineering partners to proactively identify and remediate areas of operational risk.
• Support the implementation of the firmwide risk framework, including documenting operational risk events, performing inherent risk assessments, and conducting control evaluations.
• Assist with escalation procedures and dissemination of significant events, facilitating the management of ongoing incidents.
• Conduct functional deep dive reviews and targeted risk assessments to identify, analyze, and address control gaps and emerging risks.
• Develop, analyze, and publish standardized control metrics, while developing business analytics tools (e.g. Tableau, Alteryx) to identify trends, errors and opportunities for process improvement.
• Manage governance and reporting of control and risk initiatives through advanced business analytics and visualization tools.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees