Asset & Wealth Management, Control Office, Third Party Risk Management & Resilience, Associate,[...] in Birmingham

ASSET & WEALTH MANAGEMENT
Bringing together traditional and alternative investments, we provide clients around the world with a dedicated partnership and focus on long‑term performance. As the firm’s primary investment area, we provide investment and advisory services for some of the world’s leading pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors and individuals, for which we oversee more than $2 trillion in assets under supervision. Working in a culture that values integrity and transparency, you will be part of a diverse team that is passionate about our craft, our clients, and building sustainable success.

We are:

• Investors, spanning traditional and alternative markets offering products and services
• Advisors, understanding our clients’ priorities and poised to help provide investment advice and strategies that make sense for their portfolios
• Thought Leaders, providing timely insights across macro and secular themes to help inform our clients’ investment decisions
• Innovators, using our suite of digital solutions to help our clients address complex challenges and meet their financial goals

ROLE OVERVIEW
The Asset & Wealth Management (AWM) Control Office is a group in the AWM Risk organization overseeing the division’s control capabilities and maintaining confidence with the regulators and our clients. The AWM Risk division is responsible for the execution of a risk governance framework, and for establishing appropriate risk management best practices holistically across our business, including identification, measurement, monitoring, escalation and remediation of applicable risks within AWM. This group comprises of three critical risk programs, including the (1) Control Program, (2) Third Party Risk Management (TPRM) and Resilience Program and the (3) Testing Program. Our primary objectives are to establish a best‑in‑class operating platform for risk data, insights, remediation and certification; ensure operational resilience by preventing, responding to, and adapting from significant disruptions that could impact our clients, partners or the firm; and strengthen the effectiveness of our risk and control environment, and identifying opportunities for control improvement through convergence and automation.

Third party risks are risks resulting from introducing external parties into the firm’s ecosystem, infrastructure or supply chain, as well as associated with the provision of service between the firm’s affiliates. Failure to manage third party risk may result in a range of impacts, including regulatory action, consumer or client harm, financial loss and/or reputational damage.

We are seeking a highly motivated Associate to join our Third Party Risk Management and Resilience team within the AWM Control Office. In this role, the candidate will focus on strengthening the firm’s operational risk management framework. Key responsibilities include coordinating and responding to incidents and crisis situations, oversight of the risk framework and identifying and remediating control gaps. The ideal candidate will have a strong understanding of risk management, governance frameworks, third party relationships, and a robust control mindset.

RESPONSIBILITIES

• Collaborate with leadership and central risk partners to develop and support the consistent execution of the firm’s operational resilience and third party risk frameworks and procedures across the division
• Liaise with process and risk owners to understand business processes, educate on potential risks, and communicate third party control expectations
• Identify and document findings, outlining required remedial actions for regulatory, financial, information security, operational, and reputational risk
• Communicate risk findings constructively and effectively to relevant stakeholders
• Work with business functions and cross‑divisional stakeholders to drive and track resolution of findings, assisting with problem‑solving to remove roadblocks where required
• Conduct quality assurance checks on business continuity plans (BCPs) to ensure adherence to standards and regulatory requirements
• Manage firmwide recovery strategy testing encompassing home working environment, recovery site, and function handover
• Support resilience planning uplift activities to ensure they are executed on time against regulatory deadlines and quality standards
• Monitor operational resilience events and data, and the development and execution of continuous monitoring strategies for third party risk, to identify significant risks and ensure remediation
• Design, implement, and maintain automated issue/incident reporting to support informed leadership decisions
• Oversee and execute divisional risk metrics reporting for senior management

SKILLS & QUALIFICATIONS

• Bachelor’s degree and 3+ years of experience within a risk management or control discipline context and a solid understanding of the Asset & Wealth Management franchise
• Solid understanding of operational resiliency and third party risk management principles, methodologies and best practices
• Exceptional analytical, problem solving, critical thinking and project management skills with a proven track record of execution against deadlines
• Experience in delivering informative metrics and quantitative analysis to support management reporting
• Proven ability to apply risk assessment and mitigation techniques across various risk types
• Effective influencing skills to challenge the status quo and continuously improving the control environment
• Excellent communication skills to clearly articulate issues and ideas with different levels across Asset & Wealth Management stakeholders
• Strong time management skills to effectively prioritize, multi‑task and meet time‑sensitive deadlines
• Strategic thinker who anticipates questions, analyzes complex issues, plans for contingencies and identifies alternative solutions and clear objectives

Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.