Operational Risk Analyst

OUR IMPACT

Across Wealth Management, Goldman Sachs helps empower clients and customers around the world to reach their financial goals. Our advisor-led wealth management businesses provide financial planning, investment management, banking, and comprehensive advice to a wide range of clients, including ultra-high net worth and high net worth individuals, as well as family offices, foundations and endowments, and corporations and their employees. Our direct-to-consumer business provides digital solutions that help customers save and invest. Across Wealth Management, our growth is driven by a relentless focus on our people, our clients and customers, and leading-edge technology, data, and design.

Marcus by Goldman Sachs
As the online consumer banking business of Goldman Sachs, Marcus operates as a digital bank, providing high-yield savings accounts and Certificates of Deposit (CDs) directly to individual consumers. Marcus combines Goldman Sachs' over 150 years of expertise with intuitive digital experiences, focusing on value, transparency, and simplicity for its millions of customers, and is recognized as the largest pure online bank, delivering a fully digital experience without physical branches.

YOUR IMPACT

This role will be responsible for supporting the Marcus business and working within the broader Goldman Sachs Risk Management Framework. Understanding of operational risk is the key element for this role bringing direct experience to support Marcus.  

What you’ll do:

• Supports the Business Risk Managers in designing and developing suitable controls for the Marcus Operations team
• Completes ongoing risk assessments of agreed procedures; analysing existing risks along with new and emerging risks and identifying, describing and estimating the risks affecting the business 
• Works closely with Training team to establish quality issues and ensure this is embedded into policies, procedures and controls
• Supports and maintain the Risk Control Self Assessments for Marcus UK
• Supports incident management and operational resilience planning for Marcus UK
• Acts as a point of contact for any operational risk requirements or queries. Providing operational risk support for the wider business
• Working with the wider 1st line risk team, to ensure timely completion of all firmwide and business specific core tasks

REQUIREMENTS

• Understanding of risk management, preferably within Retail Banking environment
• A background in risk management and controls operating in the 1st line 
• Experience in a regulated and audited service environment 
• Understanding of the UK regulatory environment
• Ability to operate autonomously and work seamlessly within a broader team
• Excellent communication and delivery skills
• Good presentation skills 

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. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world. 

We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers. 

We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html

© The Goldman Sachs Group, Inc., 2021. All rights reserved.

Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity