Risk, Operational Risk - Operational Resilience, Associate, Frankfurt

at  Goldman Sachs

RISK

The Risk Division is a team of specialists charged with managing the firm’s credit, market, liquidity, operational and capital risk. Whether assessing the creditworthiness of the firm’s counterparties, monitoring market risks associated with trading activities, or offering analytical and regulatory compliance support, our work contributes directly to the firm’s success. The division is ideal for collaborative individuals who have strong ethics and attention to detail.

EXPERIENCE & QUALIFICATIONS REQUIRED

• 3 to 5+ years of relevant experience
• Understanding of key flows and functions of a global Investment Bank
• Understanding of the resilience regulatory environment globally with focus in the European Union and Switzerland, including Digital Operational Resilience Act requirements
• Experience in setting strategy and working with cross organization working groups to implement strategy
• Strong client / stakeholder management skills with strong interpersonal skills, both verbal and written
• Ability to work in a fast paced environment with a strong delivery focus

• Understand the European regulatory authorities’ approach to operational resilience, regional nuances and requirements, and integrate those expectations into the operational resilience framework
• Support execution of the firm’s Operational Resilience framework for the European legal entities of Goldman Sachs
• Manage firmwide tests of recovery strategies to include home working environment, recovery site, and function handover.
• Execute against resilience planning uplift activities to ensure they are executed on time and with the expected level of quality
• Conduct analyses of the firm adherence to different regulatory requirements and frameworks for Operational Resilience
• Support the establishment and maintenance of qualitative/quantitative operational resilience metrics for EMEA legal entities
• Maintain ongoing monitor, triggers, escalation and mitigating actions of the relevant metrics
• Identify and drive initiatives that improve the risk management activities at the firm
• Be apprised of operational resilience events and data collection including reporting when necessary; perform detailed reviews of trends to identify significant risks and ensure monitoring and remediation
• Prepare and present commercially effective strategies and present to Operational Risk senior management and business stakeholders