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Job Snapshot
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Employee Type:
Full-Time -
Location:
New York, NY -
Job Type:
-
Experience:
At least 3 year(s) -
Date Posted:
10/2/2024
Job Description
The Operational Risk Department at Goldman Sachs is an independent risk management function responsible for developing and implementing a standardized framework to identify, measure, and monitor operational risk across the firm.
This Associate Operational Resilience (Oversight & Challenge) role is for a subject matter expert dedicated to actively employ and strengthen the components of the firm’s operational risk management framework. This role will be responsible to continuously identify, monitor, measure and assess the firm’s global operational resilience landscape. This specific role is focused on oversight and challenge of the technology resilience framework and programs.
Responsibilities:
- Assist in the development, implementation, and maintenance of the firm’s global operational resilience framework (policies, governance and minimum standards) to ensure a front-to-back approach to operational readiness and response to business disruption events
- Understand the global regulatory authorities’ approach to operational resilience, regional nuances and requirements, and integrate those expectations into the operational resilience framework
- Engage and liaise with regulators and internal audit on the operational resilience framework and support responses to requests/exams
- Utilise networks with peer firms to understand industry opinion and implementation of the operational resilience framework
- Engage and liaise with internal stakeholder groups (HCM, CWS, OGS, Operations, Engineering, Operational Risk, etc.) that have oversight of processes relevant to the firm’s operational resilience approach which is to prevent, protect, respond and adopt/learn from disruptive events
- Be apprised of operational resilience events and data collection including reporting when necessary; perform detailed reviews of trends to identify significant risks and ensure monitoring and remediation
- Participate in new activity review and ensure resilience risks arising from new products and/or business, migrations, etc. are properly considered
- Create and present divisional risk profile assessments by highlighting risk issues and trends to senior divisional managers and senior Operational Risk management team
- Assist in developing a strategic second line oversight and challenge of the operational resilience framework at the asset level (technology, people, facilities, third party, data)
- Assist in developing a strategic second line oversight and challenge of the operational resilience framework at the framework element level (metrics, crisis management, incident management, BCP, risks & controls, taxonomy, issue management, etc)
- Manage strategic planning uplift activities to ensure they are executed on time and with the expected level of quality
Qualifications
- 3+ years of relevant experience
- 2+ years of experience with risk and resilience framework and programs in a first line or second line capacity
- Understanding of key flows and functions of a global Investment Bank
- Strong client / stakeholder management skills with strong interpersonal and presentation skills, both verbal and written
- Ability to adapt verbal and written communication to audience depending on seniority and messaging
- Project management skills, including monitoring and reporting project performance
- Ability to work in a fast paced environment with a strong delivery focus
- Ability to work in a team environment and knowledge share with other colleagues within team, and support team members’ development
- Strong drive and sense of self-initiative
- Possess a Bachelor's or equivalent degree
