At a Glance
- Tasks: Support operational risk management and enhance controls for Marcus by Goldman Sachs.
- Company: Join the largest pure online bank, part of Goldman Sachs.
- Benefits: Competitive salary, diverse workplace, and opportunities for growth.
- Other info: Dynamic team culture with a focus on professional development.
- Why this job: Make a real impact in a digital banking environment focused on innovation.
- Qualifications: Understanding of risk management in retail banking and strong communication skills.
The predicted salary is between 40000 - 50000 £ per year.
Our Impact
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
As the online consumer banking business of Goldman Sachs, Marcus operates as a digital bank, providing high‑yield savings accounts and Certificates of Deposit (CDs) directly to individual consumers. Marcus combines Goldman Sachs' over 150 years of expertise with intuitive digital experiences, focusing on value, transparency, and simplicity for its millions of customers, and is recognized as the largest pure online bank, delivering a fully digital experience without physical branches.
Your Impact
- This role will be responsible for supporting the Marcus business and working within the broader Goldman Sachs Risk Management Framework.
- Understanding of operational risk is the key element for this role bringing direct experience to support Marcus.
- Supports the Business Risk Managers in designing and developing suitable controls for the Marcus Operations team.
- Completes ongoing risk assessments of agreed procedures; analysing existing risks along with new and emerging risks and identifying, describing and estimating the risks affecting the business.
- Works closely with Training team to establish quality issues and ensure this is embedded into policies, procedures and controls.
- Supports and maintain the Risk Control Self Assessments for Marcus UK.
- Supports incident management and operational resilience planning for Marcus UK.
- Acts as a point of contact for any operational risk requirements or queries.
- Providing operational risk support for the wider business.
- Working with the wider 1st line risk team, to ensure timely completion of all firmwide and business specific core tasks.
Requirements
- Understanding of risk management, preferably within Retail Banking environment.
- A background in risk management and controls operating in the 1st line.
- Experience in a regulated and audited service environment.
- Understanding of the UK regulatory environment.
- Ability to operate autonomously and work seamlessly within a broader team.
- Excellent communication and delivery skills.
- Good presentation skills.
Marcus by Goldman Sachs, Operational Risk Analyst, Analyst, Birmingham employer: Goldman Sachs, Inc.
Goldman Sachs is an exceptional employer, particularly for the Operational Risk Analyst role in Birmingham, where you will be part of a dynamic team dedicated to empowering clients through innovative digital banking solutions. The company fosters a collaborative work culture that prioritises employee growth and development, offering extensive training and mentorship opportunities. With a commitment to diversity and inclusion, Goldman Sachs provides a supportive environment that values every individual's contribution, making it an ideal place for those seeking meaningful and rewarding careers.
