Risk, Operational Risk, Associate, Salt Lake

Organization: Risk Division, Operational Risk

Team / Role: Transaction Execution and Processing Risk (TEPR)

Level/

Location:

Associate, SLC

The Operational Risk Department at Goldman Sachs is an independent risk management function responsible for developing and implementing a standardized framework to identify, measure, and monitor operational risk across the firm.

The Transaction, Execution and Processing Risk (TEPR) team is a 2nd Line of Defense (2

LoD) team with a focus on independently overseeing and challenging the execution & processing risks of transaction life cycles of the Firm. We are seeking a candidate to support the team's efforts in managing the transaction‑related operational risks as it relates to Asset & Wealth Management (AWM) business activities. The ideal candidate will have experience supporting different stages in transaction lifecycle, including pre‑trade, trade execution, and post‑trade execution activities, as well as understanding of a financial institution's operational risk management framework (ORMF) elements.

• Contribute to the development, implementation, and maintenance of the firm's strategy for managing transaction, execution and processing risk, aligning with the Firm's overall risk management framework
• Understand the process flows of the Firm's transaction life cycles across AWM
• Set minimum controls requirements for the activities in each stage of the transaction lifecycle
• Identify, analyze and challenge transaction execution and processing risks with a horizontal view across the business segments
• Utilize data analytics and reporting tools to support the 2
  
  LoD analyses and challenges
• Support creation of a 2
  
  LoD metrics program to support a qualitative/quantitative program to maintain ongoing monitoring, triggers, escalation, and mitigating actions of the relevant control vulnerabilities and risk profile changes
• Evaluate the impact and likelihood of risks as well as review adequacy and effectiveness of existing controls and recommend enhancements
• Perform detailed reviews of TEPR‑related incident trends to identify significant risks or control deficiencies and ensure remediation of issues comprehensively and timely.
• Prepare and present comprehensive risk profile reports to senior management, highlighting key risk themes, trends, and strategic recommendations.
• Develop presentation materials and conduct sessions to educate staff on transaction execution and processing risks
• Raise awareness about risk management practices and promote a risk‑aware culture across the organization
• Mentor and guide a team of risk managers, fostering professional growth and skill development
• Provide subject matter expertise during internal and regulatory audits and examinations as well as thought leadership within the organization.

• Bachelor's degree or equivalent required
• Master's degree is a plus
• 3+ years of experience in risk management or related areas within the financial services industry preferred, specifically with exposure to AWM products and processes.
• Familiarity with enterprise risk management and operational risk management best‑practices and controls
• Proficient in data analysis and reporting
• Exceptional analytical skills with the ability to synthesize complex data and provide strategic insights in written and verbal form.
• Excellent communication and presentation skills
• Experience in working in a team setting
• Proficient in Excel, PowerPoint, and SharePoint - Tableau & SQL are a plus
• Understanding of regulatory requirements impacting AWM transactions

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