Risk-Operational Risk-Associate-Bengaluru
Goldman Sachs · Posted Oct 26
Investment banking, securities, asset management, and wealth management services
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About the role
The Risk Division develops comprehensive processes to monitor, assess and manage the risk of expected and unexpected events that may have an adverse impact on the firm, and its teams drive how the firm takes and manages risk. The Operational Risk Assessment Execution team within Operational Risk builds and implements a standardized framework to identify, measure, monitor, and assess operational risk across the firm. The Associate will support the execution, enhancement, and strategic evolution of the firm's Risk and Control Self-Assessment (RCSA) program, including analysis, reporting, and stakeholder coordination.
What you will do
- Support the execution of business-as-usual (BAU) RCSA activities, including assessment planning, stakeholder coordination, and tracking completion against established timelines
- Analyze assessment outputs, risk data, and control information to identify trends and areas requiring management attention
- Develop reporting, dashboards, and management materials that provide insight into the firm’s operational risk profile and assessment results
- Partner with stakeholders across the firm to support assessment execution and ongoing program enhancements
- Contribute to the development and implementation of assessment strategy initiatives, methodology enhancements, and process improvements
- Support regulatory, audit, and remediation initiatives related to the operational risk assessment framework
- Manage and coordinate project deliverables associated with key assessment and framework uplift initiatives
- Provide guidance to stakeholders on assessment requirements, standards, and supporting tools
Skills used in this role
What the employer is looking for
- 4-7 years of experience in Risk Management, Internal Audit, Compliance, or a related financial services role
- Basic understanding of operational risk management frameworks and risk assessment methodologies, including Risk and Control Self-Assessments (RCSA)
- Strong analytical and problem-solving skills, with the ability to interpret risk and control data to identify meaningful insights
- Experience supporting framework enhancements or process improvements
- Proven ability to manage projects and coordinate deliverables across multiple stakeholders in a fast-paced environment
- Excellent verbal and written communication skills
- Proficiency in Excel and PowerPoint
- Self-motivated, collaborative, and intellectually curious, with a desire to understand different areas of the firm and contribute to the ongoing evolution of the operational risk program
- Bachelor’s degree required
Benefits and support
- Compensation and benefits are detailed in the job posting
About Goldman Sachs
The Goldman Sachs Group, Inc. is a leading global financial institution that delivers a broad range of financial services across investment banking, securities, investment management, and consumer banking to a diverse client base. Established in 1869 and headquartered in New York City, the firm serves corporations, financial institutions, governments, and high-net-worth individuals worldwide.
- Industry
- Investment Banking
- Company size
- 47400+ employees
- Founded
- 1869
- Location
- New York, New York, USA
- Funding stage
- Public Company
Leadership
Chairman and Chief Executive Officer
President and Chief Operating Officer
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