At a Glance
- Tasks: Lead risk management initiatives and collaborate with teams to enhance operational controls.
- Company: Goldman Sachs, a global leader in investment banking and financial services.
- Benefits: Diverse opportunities for growth, wellness programs, and a supportive work culture.
- Other info: Embrace a culture of teamwork and innovation while advancing your career.
- Why this job: Join a dynamic team passionate about markets and make a real impact in risk management.
- Qualifications: 5+ years in Financial Services with strong analytical and communication skills.
The predicted salary is between 63000 - 77000 £ per year.
Our core value is building strong relationships with our institutional clients, which include corporations, financial service providers, and fund managers. We help them buy and sell financial products on exchanges around the world, raise funding, and manage risk. This is a dynamic, entrepreneurial team that includes individuals who have a passion for the markets and who thrive in fast-paced, changing environments and are energized by a bustling trading floor. At Goldman Sachs, our culture is one of teamwork, innovation and meritocracy. We often say our people are our greatest asset and we take pride in supporting each colleague both professionally and personally.
BUSINESS SEGMENT AND ROLE OVERVIEW
The First line Global Banking and Markets Risk Operating Unit team employs key components of the firm risk management framework to continuously measure and assess levels of risk for existing/new processes. In addition to being affiliated with specific product and/or functional areas, the team partners with the second line Risk Division in order to improve consistency of risk measure and assessment practices.
RESPONSIBILITIES
- Facilitate Issue, Events and Risk and Control Self-Assessment (RCSA) key processes for the GBM division, ensuring accurate identification and remediation of Issue/Events, as well as assessment of operational risk and controls.
- Challenge business units on the completeness and accuracy of Issue, Events and RCSA.
- Collaborate with Second and Third line teams, such as Compliance and Internal Audit, to ensure alignment and coordination across risk framework.
- Prepare risk reports and presentations for senior management and governance committees.
- Contribute to the ongoing development and implementation of Enterprise Risk Management Framework (ERMF) tooling, methodology and best practices.
- Advise, challenge, inform the line teams on recommended ways to mitigate risk; reviews actions items to ensure that risk is being sufficiently addressed.
- Drive projects improving and maintaining tools supporting the operational risk framework.
- Work closely with senior divisional leadership to implement and support an issue and events management program for Global Banking and Markets, including managing issues/events and remediation. Provide guidance on best practices for remediation to ensure sustainable solutions.
SKILLS & EXPERIENCE WE'RE LOOKING FOR
- This role requires an energetic self-starter that can liaise across Global Banking and Markets both regionally and globally.
- Solid understanding of the global markets franchise offered by the firm and experience within a risk management or control discipline context are required.
- 5+ years in the Financial Services / Banking industry.
- Solid knowledge & experience in the Financial Industry.
- Strong interpersonal and analytical skills along with an interest in the broader control environment within financial services are essential to succeed in this role.
- Strong control mindset with a passion for risk management.
- Excellent communication skills to clearly articulate issues and ideas with different levels across Global Banking and Markets stakeholders.
- Strong analytical skills with an ability to understand complex workflows, and excellent attention to details.
- Sound time management skills to be able to effectively prioritize and multi-task.
- Good interpersonal and teamwork skills to collaborate as a global team and build strong relationships with key stakeholders across Divisions.
- Aptitude handling large data sets, synthesizing a variety of information to describe a risk and control profile.
- Strong PowerPoint and Excel Skills required.
- Practical experience in Sales and Trading, First Line Risk and Controls, Internal Audit, Risk, Compliance or Operations functions.
- Knowledge of Data Management and/or Visualization (ie Alteryx) a strong plus.
- Knowledge of Operational Risk is a plus.
- Experience in process redesign and executing strategic concepts from inception to implementation is a plus.
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.
We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process.
GBM Public, NFR Operating Unit, Vice President, London employer: Goldman Sachs
Goldman Sachs is an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration within the Digital Engineering team. Employees benefit from extensive growth opportunities, mentorship programs, and the chance to work on cutting-edge UI products in a fast-paced global environment, all while contributing to a resilient cloud-based platform that serves corporate clients.
StudySmarter Expert Advice🤫
We think this is how you could land GBM Public, NFR Operating Unit, Vice President, London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
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Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
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We think you need these skills to ace GBM Public, NFR Operating Unit, Vice President, London
Some tips for your application 🫡
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Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Goldman Sachs.
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How to prepare for a job interview at Goldman Sachs
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Goldman Sachs.
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✨Network with Industry Professionals
Before your interview, reach out to current or former Goldman Sachs employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
