Salt Lake City
Global Banking & Markets Operational Risk and Resilience (GBMORR) is responsible for first-line oversight of Operational Risk that arise within the end-to-end activities of the Division Business Supervision, Conduct, Control Remediation, Third Party/Vendor, and Business Continuity and Resiliency. The group works closely with revenue and control functions (including Sales, Trading, Engineering and Operations), risk coverage for other areas (credit, counterparty, liquidity, and market risk) and second and third line of defense (including internal audit and compliance).
Within the GBMORR organization, the Global Banking and Markets Strategy and Analytics group's mission is to optimise the firm's operational risk frameworks, deliver key analytics, continuously increase usage of interconnected data to enable decisions, and to develop new innovations in the field of Operational Risk.
THE ROLE
The Quality Assurance & Monitoring team is a new function within the Strategy and Analytics group. Within this team, your responsibilities will include
- Design tests for data quality, lineage and controls across a range of products, business lines and processes, including both manually and systematically created data
- Develop methodologies to define test scripts, execute tests, including frequency, sampling, evidencing, and follow-up actions which integrate with the broader Divisional risk management framework and datasets
- Partner with developers and low-code specialists to develop tooling to support test execution, recordkeeping and reporting
- Maintain strong relationships and connectivity with the broader control and data organisations to enable maintenance of the test suites as the operating and control environment changes
- Execute test suites using manual and automated techniques, and integrate results into the broader risk management framework, including control enhancements and risk assessments
YOUR IMPACT
In this role, you will
- develop an in-depth knowledge of the operational risk and control profile across Global Banking & Markets.
- participate in the ongoing uplift and innovation of operational risk processes designed which facilitate GBMORR supervisors and leadership's understanding and management of their risk and controls.
- work closely with stakeholders across Global Banking and Markets to ensure our risk and control framework is effective and fit for purpose.
- use and enhance data, tools and processes to continuously improve the way we risk manage our business.
- Coordinate end-to-end risk management delivery with other Divisions, such Compliance, Legal, Risk and Internal Audit as well as support regulatory interactions
BASIC QUALIFICATIONS
- Defining and executing quality assurance programs
- Aptitude handling large data sets, synthesizing a variety of information to summarise a profile. Data analytics, data visualisation, automation or low-code experience is helpful, e.g. SQL, Alteryx, Tableau or similar
- Track record of delivering and enhancing measurable, impactful business outcomes and products
- Experience in process redesign and executing strategic concepts from unstructured inception to detailed implementation
- Understanding of risks and controls and their relationship to each other. Knowledge of how these operate in a financial markets sales and trading context is helpful
- Building and maintaining stakeholder relationships
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. Were 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 GS.com/careers.We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more https//www.goldmansachs.com/careers/footer/disability-statement.html
The Goldman Sachs Group, Inc., 2023. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity