MORE ABOUT THIS JOB
GLOBAL BANKING & MARKETS
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 with a passion for the markets, with individuals who thrive in fast-paced, changing environments and are energized by a bustling trading floor.
RESPONSIBILITIES AND QUALIFICATIONS
We are recruiting for a New York office-based Analyst/Associate to join the Global Banking & Markets Operational Resilience team, within the Global Banking & Markets Public Operational Risk organization.
The Global Banking & Markets Operational Risk organization encompasses numerous functions including global management and oversight of Supervisory, Conduct and Operational Controls as well as divisional Technology and Operational Risk, and operational resilience. The organization spans 10 offices across the globe.
The Operational Resilience team is accountable for (1) pre-emptively identifying and mitigating threats to operating Resiliency Objectives that are established for Global Banking & Markets primary functions including Capital Markets, Banking, Operations and Engineering, and (2) preparedness for, and risk management of, incidents that may impact those objectives.
The successful hire will be responsible for driving initiatives to reduce risk and improve resiliency throughout the Global Banking & Markets front-to-back organization, ensuring effective recovery plans are in place and in compliance with the firm’s overall resiliency strategies for effective continuity of operations in crisis events. In this capacity the successful hire will work closely with the Resilience Manager to drive strategic direction and implement business continuity plans for functions, facilities, systems, third-parties and people across the division.
The successful hire will develop an in-depth knowledge of Global Banking & Markets business flows and Global Banking & Markets operational risk and resiliency posture. Working closely with stakeholders across Global Banking & Markets, Engineering Infrastructure, Risk Management, Corporate Services teams, the new hire will coordinate and ensure the smooth execution of business operations during events such as a pandemic, cyber-attacks, natural calamities, market disruptions, etc. In addition, the new hire will work towards creation of metrics and business intelligence to improve the robustness of the program across APAC and India regions.
Your Responsibilities:
Be a critical member of Americas Global Banking & Markets Public Crisis Management team. This includes notifying users during time of crisis, advocating for your users and assisting with business recovery.Drive efforts around education, awareness and adoption of the Operational Resilience and Risk program within the Global Banking and Markets Division. This includes creating training modules and quarterly team newsletters. Ensure Completeness and Certification of all Business Continuity Plans for the Region.Ensure all Assurance Tests are completed annually. Orchestrate divisional assurance activities (tabletop exercises, simulations, drills, training, etc.), drive results to completion and maintain test documentation in accordance with regulatory requirements.Ensure adherence to Operational Resilience Guidelines published by regional regulatorsDay to day task/project management and contributing to projects designed to introduce/improve processes and tools to enhance the firm’s risk management and recovery capabilities.Partner with Operational Risk, Internal Audit, and other Risk Partners to ensure regulatory requirements are being met and comply with the firm’s resiliency strategy.Act as a trusted advisor to business divisions for business resilience, providing appropriate guidance, business simulations and training on tools and risk mitigation strategies.
SKILLS & EXPERIENCE WE’RE LOOKING FOR
Basic Qualifications
Strong analytical, interpersonal, problem solving, organizational and time management skillsSelf-motivated with an ability to work on one’s own with a strong sense of ownership and accountabilityLevel-headed and composed even in difficult situations and exercises sound judgementHighly organized, strong attention to detail and excellent follow-up skillsExcellent written and oral communication skills with an ability to summarize complicated information to people with less technical knowledgeThe ability to develop and maintain good stakeholder relationships with colleagues and clients Ambitions in the Data Analytics space – data warehousing, data mining, and dashboard developmentInterest and aptitude for transforming data into information usable by the business (visualization, metric development, etc.)
Technical Qualifications (ideal not essential)
Knowledge on tools used to manage risk metrics and measurements, Tableau, Ignite Pad, Alteryx, design dashboard, data manipulation, etc. Exposure to IT Resilience, Tech Risk, Cyber Security principles would be an added advantage. Experience in managing Business Continuity Plans, and conducting assurances testing.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. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html
© The Goldman Sachs Group, Inc., 2023. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
Salary Range
The expected base salary for this New York, New York, United States-based position is $80000-$135000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.
Benefits
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.