Asset & Wealth Management- Chicago- Associate, Risk Governance

Associate, Risk Governance Responsibilities

Lead controls design on new products by reviewing process documentation (such as process maps, procedures, and product briefs) to document existing controls and identify additional controls that mitigate risks and improve processes (such as automation and detective reporting). Oversee control implementation by working with stakeholders to socialise control recommendations and then track implementation of the controls. Build out presentations to clearly communicate risks and controls gaps to executives across business areas.

Proactively identify potential business risks, process deficiencies and improvement opportunities. Gather and synthesize data to define control design requirements and execute on getting those requirements prioritised and implemented. Lead cross‑functional project management efforts across the team. Head continuous control framework monitoring, improvements, and evolution to meet changing requirements to support maximum visibility to the executive audience. Transition processes, risks, controls, and related data from Excel to more intuitive, faster, and easier tools.

Design and project key metrics for the business to proactively monitor and assess control performance such as KCIs, KRIs. Work closely with compliance to map regulatory requirements to specific processes and controls. Maintain effective communication with other teams to determine root cause of errors and shepherd the implementation of control‑specific corrective actions related to non‑compliance with policies and procedures. Contribute to executive reporting and other data‑driven deliverables, with a focus on providing appropriate content, context, and structure in a precise and timely manner.

Automate controls reporting related activities by leveraging Excel Macros to save critical time. Train and lead new joiners to help accommodate them into their new roles.

Master's degree (U.S. or foreign equivalent) or Bachelor's degree (U.S. or foreign equivalent) in Economics, Finance, Enterprise Risk Management, Financial Economics, Accounting or related field and one (1) year of experience (with a Master's) or three (3) years of experience (with a Bachelor's) in the job offered or in a related role. Prior employment must include one (1) year of experience (with a Master's) or three (3) years of experience (with a Bachelor's) with root cause analysis;

building reports and presentations using Excel and PowerPoint; risk assessment, inherent and residual risk; ERM frameworks and reviewing policies and standards; controls, such as documenting and assessing; issues management their alignment to controls; project management, analytical and research skills; knowledge of data analysis techniques, including data manipulation and aggregation; proficiency in data visualization tool, Tableau; and designing and creating visualisations for business performance analysis.

Annual base salary for this Chicago, Illinois–based position $93,000 – $123,000. May be eligible for a bonus at fiscal year end. See benefits summary here.

Chicago, IL, United States

Goldman Sachs is an equal‑opportunity employer and does not discriminate on the basis of race, colour, religion, sex, national origin, age, veteran status, disability, or any other characteristic protected by applicable law.