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Goldman Sachs Risk Vice President-Operational Dallas 
United States, Texas, Dallas 
639516415

Yesterday
The Risk division is responsible for credit, market and operational risk, model risk, independent liquidity risk, and insurance throughout the firm.

Title: Vice President

Primary Responsibilities:

  • Oversee operational risk framework within the second line of defense working closely with the first line whilst providing robust and independent challenge
  • Facilitate operational risk event management framework and data collection, including the detailed reviews of significant events to ensure appropriate remediation plans are implemented on-time, and identification of trends to identify significant or emerging risks
  • Review and evaluate new business initiatives and firm acquisitions to identify changes to the operational risk profile of the division and ensure proper controls are in place
  • Conduct quarterly trigger assessments for divisions to ensure the risk and control self -assessment (RCSA) and tail scenarios remain accurately assessed and current
  • Facilitate challenge of 1st line RCSA and Control Assessment ratings to ensure appropriate measurement approach and rationale has been employed
  • Conduct scenario analysis by working with stakeholders to develop and quantify scenarios measuring tail risks used for stress testing and capital calculations
  • Work with 1st line process owners to develop day to day risk management metrics which quantify the divisions exposure to various types of operational risk; review aggregated results and month over month results to identify trends and thematic areas for review and deep dives
  • Contribute to the advancement of operational risk methods and practices and the operational risk management framework
  • Act as the Operational Risk SME/lead on serval BAU work-streams associated with new products /acquisitions
  • Manage the Dallas TxB Second Line Risk team and liaise closely with the EMEA lead and broader Platform Solutions leads to help define strategic investments and uplifts
  • Work with horizontal risk stripes and their leadership to help define key themes and content required to help produce comparables for the divisional risk stories
  • Build and define independent metrics to monitor and challenge first lines controls for new and ongoing activities

This role requires an energetic self-starter that can liaise with stakeholders across business units and federation teams both regionally and globally. Familiarity with the concepts of operational risk, the firm’s process flows and control environment combined with strong interpersonal and analytical skills and a penchant for problem solving are necessary for this role.


Qualifications:

  • Experience developing and deploying an operational risk framework for payments and/or deposits business
  • Bachelor’s degree and 10+ years of relevant experience working in operational risk, relevant revenue generating division, or a control function (e.g., Credit Risk, Compliance, Operational Risk, Finance/Controllers or Audit)
  • Strong verbal and written communication skills
  • The ability to present with impact and build consensus across senior stakeholder groups
  • Ability to work in a fast paced environment with a focus on delivery
  • Strong organizational skills (project management experience a plus)
  • Proficiency in Excel, PowerPoint, and SharePoint – Tableau & SQL are a plus
  • Familiarity with enterprise risk management best-practices and controls
  • Quick learner who can thrive working as part as a cross-regional team and individually

Preferred:

  • Payments experience including industry payments experience and/or firm payment policy experience
  • Risk assessment experience for change management and process design
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