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
- 3-5 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
Skills Required
- 3-5 years of prior work experience in a relevant field
- Team player with positive attitude and strong work ethic
- Excellent verbal and written communication skills
- Ability to work in a fast-paced environment with a focus on delivery
- Proficiency in Excel and PowerPoint
- Quick learner who can thrive working as part of a cross-regional team and individually
- Change management experience, including project and/or program management
- Experience with risk management frameworks
- Experience supporting risk and control programs within non-financial risk disciplines (e.g., operational risk, compliance)
- Experience in process and framework design
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.
-
Healthcare Strength — Coverage includes medical, dental, vision, disability, life and accident insurance, with multiple plan options and most premiums subsidized; coverage often starts on day one. Wellness resources, on-site health centers in some locations, and EAP access reinforce the depth of health support.
-
Parental & Family Support — Family care includes on-site childcare in some offices, expectant parent resources, and transitional programs for returning parents. Feedback suggests parental leave is very generous, with reports of around 20 weeks paid leave and stipends for adoption, surrogacy, and fertility-related services.
-
Retirement Support — The firm provides a 401(k) plan with employer matching contributions and broad financial education to help employees plan for retirement. Resources also support saving for education and preparing for unexpected events.
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
.png)
