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.
Vice President, 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
- Lead the execution of business-as-usual (BAU) RCSA activities, including assessment planning, stakeholder engagement, governance, and execution against established timelines
- Drive analysis of assessment results, risk information, and control data to identify key themes, emerging risks, and areas requiring management attention
- Develop and deliver reporting, dashboards, and management materials that provide senior leadership and governance forums with insight into the firm’s operational risk profile and assessment outcomes
- Lead strategic initiatives to enhance assessment methodologies, frameworks, tools, and operating processes, improving effectiveness and consistency across the program
- Manage regulatory, audit, and remediation activities related to the operational risk assessment framework, ensuring timely and sustainable outcomes
- Oversee complex cross-functional projects and framework uplift initiatives, driving alignment across stakeholders and deliverables
- Provide thought leadership and subject matter expertise on assessment requirements, standards, and methodologies
Qualifications
- 5-10 years of experience in Risk Management, Internal Audit, Compliance, or a related financial services role
- Strong understanding of operational risk management frameworks and risk assessment methodologies, including Risk and Control Self-Assessments (RCSA)
- Demonstrated experience leading large-scale risk assessment, governance, or framework enhancement initiatives
- Experience managing complex projects and driving execution across multiple workstreams and stakeholders
- Proven ability to manage projects and coordinate deliverables across multiple stakeholders in a fast-paced environment
- Strong proficiency in Excel and PowerPoint
- Self-motivated, collaborative, and intellectually curious, with a demonstrated ability to lead initiatives and drive change
- 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.
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Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
Skills Required
- 5-10 years of experience in Risk Management, Internal Audit, Compliance, or related financial services role
- Strong understanding of operational risk management frameworks and risk assessment methodologies, including RCSA
- Demonstrated experience leading large-scale risk assessment, governance, or framework enhancement initiatives
- Experience managing complex projects and driving execution across multiple workstreams and stakeholders
- Proven ability to manage projects and coordinate deliverables across multiple stakeholders in a fast-paced environment
- Strong proficiency in Excel and PowerPoint
- Self-motivated, collaborative, intellectually curious, with demonstrated ability to lead initiatives and drive change
- 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 — 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.
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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.
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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
