Asset & Wealth Management, Operational Risk, Analyst - Dallas

Goldman Sachs • Dallas, TX

7d

About The Position

This role is within Asset & Wealth Management, focusing on Operational Risk. The Analyst will support various aspects of issue identification, analysis, remediation, and monitoring & reporting. This includes collaborating with issue owners, aggregating issues across the business, and facilitating executive reporting. The position involves analyzing potential business risks, process deficiencies, and gaps in risk management standards. The Analyst will also support the development of process and control environments, conduct deep dives into processes to document controls and identify gaps, and partner with other teams to remediate issues and implement corrective actions. A key part of the role is developing executive reports and data-driven deliverables, performing root cause analysis, and collaborating with cross-functional teams to resolve inconsistencies and enhance controls testing. The Analyst is expected to become a subject matter expert in the operational risk management framework within Wealth Management, demonstrating critical thinking and proactively seeking opportunities to add value.

Requirements

• Bachelor's degree in Risk Management, Business, Finance or a related field
• A minimum of 2+ years of experience in a role in financial services with operational risk exposure or audit or broader risk management
• Ability to work independently and collaboratively in a fast-paced environment
• Analytical and research skills with a demonstrated ability to execute projects from inception through completion
• Critical thinking, problem solving, organizational and time management skills
• Exceptional communication and interpersonal skills
• Ability to work under pressure and manage tight deadlines or unexpected changes in expectations or requirements
• Effectively manage multiple priorities and work autonomously
• Good judgment and discretion
• Experience building reports and presentations. Expert level proficiency in the Microsoft tool suite, including Excel, Word and PowerPoint

Nice To Haves

• Exposure to financial services, operational risk, audit or risk management a plus
• Exposure to Wealth Management a plus
• Experience in risk analysis and management and/or an understanding of regulations and regulatory reform strongly preferred

Responsibilities

• Support all aspects of issue identification, analysis, remediation and monitoring & reporting, including collaboration with issue owners, aggregation of issues across the business, and facilitation of executive reporting.
• Analyze potential business risks, process deficiencies, and potential gaps/ weaknesses in risk management standards.
• Support developing process and controls environment (inventory and maps) across asset management, wealth management and consumer businesses.
• Support process deep dives by reviewing process documentation (process maps, procedures, etc.) to document existing controls and identify control gaps.
• Partner with other business units and support teams to remediate issues and assist with implementation of corrective actions related to control failures and operational risk events.
• Develop executive reporting and other data-driven deliverables, with a focus on providing appropriate content, context, and structure in a precise and timely manner.
• Gather and synthesize data to perform root cause analysis and determine thematic trends related to issues identified by the business first, second and third lines of defense.
• Collaborate with cross-functional teams to resolve operational inconsistencies and enhance controls testing processes.
• Become a subject matter expert in areas of the operational risk management framework executed across Wealth Management.
• Be a critical thinker: Thoughtful, self-aware, and use available evidence to make decisions.
• Pro-actively seek out areas to add value.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level