Asset Management Public - Operations Embedded Risk - Salt Lake City - Vice President

Goldman Sachs • Salt Lake City, UT

28d

About The Position

ASSET MANAGEMENT

Bringing together traditional and alternative investments, we provide clients
around the world with a dedicated partnership and focus on long-term
performance. As the firm’s primary investment area, we provide investment and
advisory services for some of the world’s leading pension plans, sovereign
wealth funds, insurance companies, endowments, foundations, financial advisors
and individuals, for which we oversee more than $2 trillion in assets under
supervision. Working in a culture that values integrity and transparency, you
will be part of a diverse team that is passionate about our craft, our clients,
and building sustainable success. We are:

Investors, spanning traditional and alternative markets offering products and
services
Advisors, understanding our clients’ priorities and poised to help provide
investment advice and strategies that make sense for their portfolios
Thought Leaders, providing timely insights across macro and secular themes to
help inform our clients’ investment decisions
Innovators, using our suite of digital solutions to help our clients address
complex challenges and meet their financial goals 

YOUR IMPACT
Do you have a deep subject matter expertise and a passion for risk management?
We’re looking for a professional to join our Embedded Risk Management (ERM) team
specifically focused on the risk within the Asset Management Division Operations
(AMD) area, who can proactively hunt for and monitor risk across the business
units they support. 

OUR IMPACT
Our team of critical thinkers partners with groups in all areas of the firm to
perform financial analytics and reporting and data analytics and engineering.
Our division also provides critical operations design and handles capital
markets operations to ensure business flows smoothly across our global offices.
From day one, team members play a vital role in upholding the three Operations
principles of client focus, process innovation, and risk management.
The ERM employs the components of the Operations Risk Management Framework to
continuously measure and assess levels of risk for existing/new processes within
the Business Unit.  In addition to being affiliated with specific product and/or
functional areas, the ERM is bound together in the Asset Management Operations
Risk Management organization in order to improve consistency of risk measure and
assessment practices across the front to back businesses.

Requirements

• This role requires an energetic self-starter that can liaise with various Operations and other Federation teams both regionally and globally.  Solid experience and prudent knowledge in the Firm’s operational processing and control requirements are required together with strong interpersonal and analytical skills for this role.
• Excellent communication skills – able to clearly articulate issues and ideas with appropriate level of confidence and sense of urgency, across various internal stakeholders, often working with leadership/across leadership teams.
• Strong control, compliance & risk management mindset – Demonstrates a risk and control mindset, adhering to and able to help others to understand firm policies and procedures. Promptly understands, identifies, escalates, and resolves any financial and nonfinancial risks or control gaps
• Strong analytical skills with an ability to understand complex workflows, and excellent attention to details.
• Should have the ability to perform data analytics using metrics to identify trends and themes.
• Demonstrates strong technical skills required for the role, pays attention to detail, takes initiative to broaden his/her knowledge and demonstrates appropriate financial/analytical skills. Should have knowledge of excel, Alteryx and SharePoint and the ability to take data driven decisions using metrics.
• Sound time management skills to be able to effectively prioritize and multi-task. 
• Drive and Motivation - Successfully handles multiple tasks, takes initiative to improve his/her own performance, works intensely towards extremely challenging goals and persists in the face of obstacles or setbacks
• Proven track record of improving processes and demonstrating successful teamwork.
• Proven ability to effectively manage operational risks and to develop control enhancements.
• Good interpersonal skills to build strong relationship with key stakeholders within and outside of Operations.
• Good influencing skills to work with the Operations team in challenging the status quo and continuously enhancing the control environment.
• Innovative and flexible in coming up with suggestions and ideas. Looks for new ways to improve current processes and develop creative solutions that are grounded in reality and have practical value
• Strong project management skills.
• Inquisitive and able to learn quickly
• Keeps current with emerging business, economic and market trends

Nice To Haves

• Solid knowledge & experience in the Financial Industry.
• Practical experience working in Operations.

Responsibilities

• Proactive risk management, such as probing when incidents occur and assessing the risks the teams are running by truly embedding in the businesses. Conduct risk reviews on areas with particular concern and make recommendations/suggestions to socialize and close and risk and control gaps. 
• Challenge the status quo – challenge the risk and control framework to further enhance the control environment
• Partner with the business units to understand the residual risks that exist after issues are identified and resolved. Engaging with Technology and cross asset teams to achieve this. 
• Risk Analysis – work with the team and other regional/functional Operations groups to identify key risk metrics (e.g. via KRI’s) and highlighting areas of concerns, working with line managers on remediation efforts.  Driving the agenda and conversations in risk meetings.
• Risk & Control Self-Assessment (RCSA) – work with line managers in ensuring the RCSA risk and control templates reflect the current risk environment and also vet through RCSA issues raised to ensure proper remediation is in place 
• Work closely with other risk managers in other locations to share key initiatives and best practices; better integrate with the wider Asset Management Risk Management team

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed