Organization: Risk Division, Operational Risk 

Team / Role: Operational Resilience (Oversight & Challenge)

Level/Location: Associate, Bengaluru

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. 

This Associate Operational Resilience (Oversight & Challenge) role is for a subject matter expert dedicated to actively employ and strengthen the components of the firm’s operational risk management framework.  This role will be responsible to continuously identify, monitor, measure and assess the firm’s global operational resilience landscape. This specific role is focused on oversight and challenge of the technology resilience framework and programs. 

 

Responsibilities:

Assist in the development, implementation, and maintenance of the firm’s global operational resilience framework (policies, governance and minimum standards) to ensure a front-to-back approach to operational readiness and response to business disruption events Understand the global regulatory authorities’ approach to operational resilience, regional nuances and requirements, and integrate those expectations into the operational resilience frameworkEngage and liaise with regulators and internal audit on the operational resilience framework and support responses to requests/examsUtilise networks with peer firms to understand industry opinion and implementation of the operational resilience frameworkEngage and liaise with internal stakeholder groups (HCM, CWS, OGS, Operations, Engineering, Operational Risk, etc.) that have oversight of processes relevant to the firm’s operational resilience approach which is to prevent, protect, respond and adopt/learn from disruptive eventsBe 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 Participate in new activity review and ensure resilience risks arising from new products and/or business, migrations, etc. are properly consideredCreate and present divisional risk profile assessments by highlighting risk issues and trends to senior divisional managers and senior Operational Risk management team Assist in developing a strategic second line oversight and challenge of the operational resilience framework at the asset level (technology, people, facilities, third party, data)Develop and enhance the strategic second line oversight and challenge of the operational resilience framework with focus on the technology and third party assets (vendors, applications, data centers, networks, cloud, testing programs, cyber, eTrading, etc)Assist in developing a strategic second line oversight and challenge of the operational resilience framework at the framework element level (metrics, crisis management, incident management, BCP, risks & controls, taxonomy, issue management, etc) Manage strategic planning uplift activities to ensure they are executed on time and with the expected level of quality

Qualifications

3+ years of relevant experience2+ years of experience with risk and resilience framework and programs in a first line or second line capacity primarily within third party and/or technology assets specificallyUnderstanding of key flows and functions of a global Investment BankStrong client / stakeholder management skills with strong interpersonal and presentation skills, both verbal and writtenAbility to adapt verbal and written communication to audience depending on seniority and messagingProject management skills, including monitoring and reporting project performanceAbility to work in a fast paced environment with a strong delivery focusAbility to work in a team environment and knowledge share with other colleagues within team, and support team members’ developmentStrong drive and sense of self-initiativePossess a Bachelor's or equivalent degree

 

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