Risk Division
The Risk Division develops comprehensive processes to monitor, assess and manage the risk of expected and unexpected events that may have an adverse impact on the firm. Risk teams play a critical function for the firm, driving how the firm takes and manages risk.
Associate, Operational Risk Assessments Team
The Operational Risk Assessment Execution team within Operational Risk is responsible for developing and implementing a standardized framework to identify, measure, monitor, and assess operational risk across the firm. The Associate will support the execution, enhancement, and strategic evolution of the firm’s Risk and Control Self-Assessment (RCSA) program.
Responsibilities
- Support the execution of business-as-usual (BAU) RCSA activities, including assessment planning, stakeholder coordination, and tracking completion against established timelines
- Analyze assessment outputs, risk data, and control information to identify trends and areas requiring management attention
- Develop reporting, dashboards, and management materials that provide insight into the firm’s operational risk profile and assessment results
- Partner with stakeholders across the firm to support assessment execution and ongoing program enhancements
- Contribute to the development and implementation of assessment strategy initiatives, methodology enhancements, and process improvements
- Support regulatory, audit, and remediation initiatives related to the operational risk assessment framework
- Manage and coordinate project deliverables associated with key assessment and framework uplift initiatives
- Provide guidance to stakeholders on assessment requirements, standards, and supporting tools
Qualifications
- 4-7 years of experience in Risk Management, Internal Audit, Compliance, or a related financial services role
- Basic understanding of operational risk management frameworks and risk assessment methodologies, including Risk and Control Self-Assessments (RCSA)
- Strong analytical and problem-solving skills, with the ability to interpret risk and control data to identify meaningful insights
- Experience supporting framework enhancements or process improvements
- Proven ability to manage projects and coordinate deliverables across multiple stakeholders in a fast-paced environment
- Excellent verbal and written communication skills
- Proficiency in Excel and PowerPoint
- Self-motivated, collaborative, and intellectually curious, with a desire to understand different areas of the firm and contribute to the ongoing evolution of the operational risk program
- Bachelor’s degree required
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 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
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Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
Skills Required
- 4-7 years of experience in Risk Management, Internal Audit, Compliance, or a related financial services role
- Basic understanding of operational risk management frameworks and risk assessment methodologies, including Risk and Control Self-Assessments
- Strong analytical and problem-solving skills, with the ability to interpret risk and control data
- Experience supporting framework enhancements or process improvements
- Ability to manage projects and coordinate deliverables across multiple stakeholders
- Excellent verbal and written communication skills
- Proficiency in Excel and PowerPoint
- Bachelor's degree
Goldman Sachs Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Goldman Sachs and has not been reviewed or approved by Goldman Sachs.
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Healthcare Strength — Healthcare is described as offering multiple plan options with subsidized premiums and prescription coverage. Materials indicate there are no pre-existing condition limitations in the U.S. summary.
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Retirement Support — Retirement benefits are considered competitive, including employer 401(k) matching and access to financial education and planning resources. These features position long-term savings as a core component of the package.
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Parental & Family Support — Family-support programs include paid parenting leave, family-care leave, and resources such as childcare support and lactation rooms in some offices. These offerings signal emphasis on supporting caregivers alongside work.
Goldman Sachs Insights
What We Do
At Goldman Sachs, we believe progress is everyone’s business. That’s why we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, Goldman Sachs is a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices in all major financial centers around the world. More about our company can be found at www.goldmansachs.com
