RISK The Risk Division is a team of specialists charged with managing the firm’s credit, market, liquidity, operational and capital risk. Whether assessing the creditworthiness of the firm’s counterparties, monitoring market risks associated with trading activities, or offering analytical and regulatory compliance support, our work contributes directly to the firm’s success. The division is ideal for collaborative individuals who have strong ethics and attention to detail.

OPERATIONAL RISK

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 role is for a professional with subject matter expertise dedicated to actively employ and strengthen the components of the firm’s operational risk management framework. This role will have responsibility to continuously identify, monitor, measure and assess the firm’s global operational resilience landscape. 

RESPONSIBILITIES

Understand the European regulatory authorities’ approach to operational resilience, regional nuances and requirements, and integrate those expectations into the operational resilience framework

Support execution of the firm’s Operational Resilience framework for the European legal entities of Goldman Sachs

Manage firmwide tests of recovery strategies to include home working environment, recovery site, and function handover.

Execute against resilience planning uplift activities to ensure they are executed on time and with the expected level of quality

Conduct analyses of the firm adherence to different regulatory requirements and frameworks for Operational Resilience

Support the establishment and maintenance of qualitative/quantitative operational resilience metrics for EMEA legal entities 

Maintain ongoing monitor, triggers, escalation and mitigating actions of the relevant metrics

Identify and drive initiatives that improve the risk management activities at the firm

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

Prepare and present commercially effective strategies and present to Operational Risk senior management and business stakeholders

EXPERIENCE & QUALIFICATIONS REQUIRED

3 to 5+ years of relevant experience

Understanding of key flows and functions of a global Investment Bank

Understanding of the resilience regulatory environment globally with focus in the European Union and Switzerland, including Digital Operational Resilience Act requirements

Experience in setting strategy and working with cross organization working groups to implement strategy

Strong client / stakeholder management skills with strong interpersonal skills, both verbal and written

Ability to work in a fast paced environment with a strong delivery focus

ABOUT GOLDMAN SACHS At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world. 
We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at /careers. 
We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process.