Operational Risk Specialist

5 days ago


Dallas, Texas, United States Goldman Sachs Full time
About This Role

At Goldman Sachs, we are seeking an experienced Operational Risk Specialist to join our team in Dallas. As an Operational Risk Specialist, you will play a critical role in developing and implementing a standardized framework to identify, measure, and monitor operational risk across the firm.

Key Responsibilities
  • Operational Risk Oversight: Perform ongoing review and oversight of Consumer and Wealth Management (CWM) to ensure effective risk management practices.
  • Risk Evaluation: Review and evaluate new activity proposals, including potential acquisitions, for operational risk considerations and requirements.
  • Operational Risk Event Management: Facilitate data collection, review, and analysis of operational risk issues and trends to identify significant or emerging risks.
  • Emerging Risk Identification: Identify emerging risks within business drivers, regulatory, and industry changes.
  • Scenario Analysis: Conduct scenario analysis by working with stakeholders to develop and quantify scenarios measuring tail risks used for stress testing and capital calculations.
  • Risk Challenge: Conduct challenge of the business Risk and Control Self-Assessment (RCSA).
  • New Activity Evaluation: Review new activity memos to evaluate new businesses and firm acquisitions for operational risk.
  • Risk Metrics Development: Work with business units to develop day-to-day risk management metrics quantifying divisions' exposure to various types of operational risk.
  • Operational Risk Method Advancement: Contribute to the advancement of operational risk methods and practices and the operational risk management framework.
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. We are a leading global investment banking, securities, and investment management firm. Our culture values diversity, inclusion, and innovation, and we strive to create a workplace where everyone can grow and thrive.



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