At a Glance
- Tasks: Support risk management by designing controls and conducting assessments for customer support teams.
- Company: Join Goldman Sachs, a leading global investment firm with a dynamic culture.
- Benefits: Gain valuable experience, professional development, and a chance to make an impact.
- Why this job: Be part of a team that empowers clients and drives innovation in financial services.
- Qualifications: Detail-oriented with a basic understanding of risk management; strong communication skills are essential.
- Other info: Opportunities for growth in a fast-paced, supportive environment.
The predicted salary is between 28800 - 48000 £ per year.
Across Wealth Management, Goldman Sachs helps empower clients and customers around the world to reach their financial goals. Our advisor led wealth management businesses provide financial planning, investment management, banking, and comprehensive advice to a wide range of clients, including ultra high net worth and high net worth individuals, as well as family offices, foundations and endowments, and corporations and their employees. Our direct to consumer business provides digital solutions that help customers save and invest. Across Wealth Management, our growth is driven by a relentless focus on our people, our clients and customers, and leading edge technology, data, and design.
Marcus by Goldman Sachs combines the entrepreneurial spirit of a start up with more than 150 years of experience. Today, we serve millions of customers across multiple products, leveraging innovative design, data, engineering, and other core capabilities to provide customers with powerful tools and products that are grounded in value, transparency, and simplicity.
Are you passionate about customer service? Do you have experience in delivering and designing training across large organisations? Do you have a background in risk management and controls operating in the 1st line? We’re looking for a first line risk analyst to support our business risk team in our Marcus UK business.
What you’ll do:
- Supports the Business Risk Managers in designing and developing suitable controls for the Marcus Operations team.
- Works with Customer Support team to build a strong understanding with established policies, procedures and authority levels across multiple cross functional teams and processes and works with risk manager to define and set controls to ensure compliance.
- Carries out monthly control testing on all procedures, as directed by the management team, to identify any gaps in controls of new / emerging risks.
- Completes ongoing risk assessments of agreed procedures, as directed by the wider management team; analysing existing risks along with new and emerging risks and identifying, describing and estimating the risks affecting the team.
- Works closely with Training team to establish quality issues and ensure this is embedded into policies, procedures and controls.
- Partners with Training and Development analysts to collect and analyze data from each audit/monitor activity and assist customer support teams with the development and implementation of appropriate corrective action plans, training tips, and team communication to improve overall quality results.
- Supports regular audits of policy and compliance to standards.
- Supports and maintain the Risk Control Self Assessments for the Customer Support teams.
- Inputs into the monthly Risk and Compliance dashboard.
- Provides control results to feed into monthly report on control testing.
- Works with business risk strategy manager to ensure the incident management and business continuity plans are understood.
- Deputises for business risk managers as required.
- Ensure that all risk actions are updated regularly, and closed as appropriate.
What we’re looking for:
- Must be self directed, detail oriented, positive attitude, driven, able to work independently in a team oriented and fast paced environment.
- Proven ability to lead by example, with a positive attitude.
- Good interpersonal skills.
- Excellent communication and delivery skills.
- Ability to lead teams and drive performance standards.
- Good leadership skills and the ability to motivate and coach staff.
- A desire to help others work towards targets and develop their skills.
Basic Qualifications:
- Basic understanding of risk management, preferably within Retail Banking environment.
Desirable Qualifications:
- Experience in a regulated and audited service environment.
- Understanding of the UK regulatory environment.
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.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity.
Marcus by Goldman Sachs, Business Risk Analyst, Analyst, Birmingham Birmingham United Kingdom ... employer: Goldman Sachs Bank AG
Contact Detail:
Goldman Sachs Bank AG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Marcus by Goldman Sachs, Business Risk Analyst, Analyst, Birmingham Birmingham United Kingdom ...
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Goldman Sachs, especially those in the Business Risk team. A friendly chat can give you insider info and might even lead to a referral.
✨Tip Number 2
Prepare for the interview by understanding the company culture and values. Goldman Sachs is all about teamwork and innovation, so think of examples from your past that showcase these traits.
✨Tip Number 3
Practice your responses to common interview questions, but keep it natural. Use the STAR method (Situation, Task, Action, Result) to structure your answers and highlight your risk management experience.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression and shows your enthusiasm for the role. And remember, apply through our website for the best chance!
We think you need these skills to ace Marcus by Goldman Sachs, Business Risk Analyst, Analyst, Birmingham Birmingham United Kingdom ...
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Business Risk Analyst role. Highlight relevant experience in risk management and customer service, and don’t forget to showcase your interpersonal skills. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role at Marcus by Goldman Sachs. Share specific examples of your past experiences that align with the job description. Let us know why you’re the perfect fit!
Showcase Your Attention to Detail: As a Business Risk Analyst, attention to detail is key. Make sure your application is free from typos and errors. A polished application reflects your commitment and professionalism, which we highly value at StudySmarter.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application directly and ensures you don’t miss out on any important updates. We can’t wait to hear from you!
How to prepare for a job interview at Goldman Sachs Bank AG
✨Know Your Risk Management Basics
Make sure you brush up on your understanding of risk management, especially within a retail banking context. Be ready to discuss how you've applied these principles in past roles, as this will show your familiarity with the industry and its regulations.
✨Showcase Your Customer Service Passion
Since the role involves working closely with customer support teams, highlight your experience in delivering excellent customer service. Share specific examples where you’ve gone above and beyond to meet client needs, as this aligns perfectly with the company’s focus on empowering clients.
✨Prepare for Control Testing Scenarios
Expect questions about control testing and compliance. Think of scenarios where you identified gaps in controls or implemented corrective actions. This will demonstrate your analytical skills and ability to contribute to the team’s risk management efforts.
✨Emphasise Team Collaboration
The role requires working with various teams, so be prepared to discuss how you’ve successfully collaborated in the past. Highlight your interpersonal skills and any leadership experiences that showcase your ability to motivate and coach others towards achieving targets.