Risk, Operational Risk, Vendor Specialist, Associate, Dallas

Goldman Sachs Dallas , TX 75201

Posted 3 months ago

MORE ABOUT THIS JOB

RISK

The Risk division is responsible for credit, market and operational risk, model risk, independent liquidity risk, and insurance throughout the firm.

The Operational Risk Management and Analysis (ORMA) Department, an independent risk management function, is responsible for developing and implementing a standardized framework to identify, measure, and monitor and operational risk across the firm.

The ORMA Specialist team is comprised of experts who focus on a set of Firmwide risk domains that cover a subset of the firm's top operational risks exposures. The Specialists are responsible for developing and maintaining an effective second line risk oversight program for these domains and for providing challenge to the first line. These are achieved through risk assessments, risk hunting, metrics and governance processes.

The Specialist in Vendor Management role requires a professional with subject matter expertise in vendor risk management and oversight. This role will be responsible to define and implement programs that assess the effectiveness of controls related to vendor management. The candidate must be an energetic self-starter who can interact with senior business representatives, divisional risk teams as well as vendors.

This role requires an energetic self-starter with a commitment to improving risk management practices.

RESPONSIBILITIES AND QUALIFICATIONS

Responsibilities

  • Developing and implementing a firmwide vendor risk management framework and approach and ensuring process adherence

  • Devising innovative risk management solutions with robust metrics and risk indicators (KPIs/KRIs) to indicate areas of increasing risk/dependencies

  • Proactively identifying trends or developments that may materially impact vendor risk threshold

  • Risk hunting and identifying risks across vendor portfolio to challenge and identify areas where risk profile can be reduced through analysis

  • Monitoring exiting risk appetite, escalating threshold breaches as per standard processes

  • Reporting control weaknesses and emerging risks based on internal or external incidents

  • Performing risk assessments across vendor management and risk partner activities and the related business flows, controls and components used to conduct oversight

  • Assessing policies and procedures used to govern and manage vendor risks

  • Adhering strictly to compliance and operational risk controls in accordance with company and regulatory standards, policies, and practices

Qualifications

  • Experience in conducting risk reviews and assessments

  • Hands-on exposure to vendor risk management and oversight activities is preferable

  • Understanding of rules/regulations and appropriate control frameworks related to vendor management

  • Technical and quantitative aptitude and analytical skills to be able to identify and quantify operational risks and exposures

  • Strong relationship builder and is able to liaise across all levels of business and vendor teams, including senior management and governance structures, across all regions

  • Self-starter who can work independently and proactively with strong organizational skills and attention to detail

  • Strong verbal and written communication skills. Able to present with impact and influence.

  • Ability to challenge current thinking and suggest ideas of how to improve results

  • Strong project management and the ability to manage multiple assignments concurrently

  • Familiarity with enterprise risk management best-practices and controls

  • Possess a Bachelor's Degree

ABOUT GOLDMAN SACHS

The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world. The Goldman Sachs Group, Inc., 2019. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.


icon no score

See how you match
to the job

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon
lc_ad

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Operational Risk Reporting Consultant Operational Risk Group

Wells Fargo

Posted Yesterday

VIEW JOBS 1/24/2020 12:00:00 AM 2020-04-23T00:00 Job Description Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume prior to submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as "Personal Cell" or "Cellular" in the contact information of your application. At Wells Fargo, we want to satisfy our customers' financial needs and help them succeed financially. We're looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you'll feel valued and inspired to contribute your unique skills and experience. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you. Corporate Risk helps all Wells Fargo businesses identify and manage risk. The team focuses on several key risk types, including conduct, credit, financial crimes, information security, interest rate, liquidity, market, model, operational, regulatory compliance, reputation, strategic, and technology risk. The group provides leadership, enhances communications, assists with problem identification and solutions, and shares best practices. In addition, the group provides an enterprise-wide view of risk, assists management and our Board of Directors in identifying and monitoring risks that may affect multiple lines of business, and takes appropriate action when business activities exceed the risk tolerance of the company. An individual contributor, this Operational Risk Consultant 4 (ORC4) reports directly to the Head of Operational Risk Reporting, will work on a team responsible for developing reporting to be used for senior level audiences including the Board of Directors, Risk Committees and Operational Risk Group (ORG) leadership. This ORC4 will work closely with the ORG Data Analytics and Insights Team to summarize key risks/themes and emerging risks across operational risk across all Wells Fargo groups. About Wells Fargo Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo's vision is to satisfy our customers' financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 8,200 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 42 countries and territories to support customers who conduct business in the global economy. With approximately 265,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortune's 2017 rankings of America's largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories. Corporate Risk provides leadership, enhances communications, assists with problem identification and solutions, and shares best practices. In addition, this group provides an enterprise-wide view of risk, assists management and our Board of Directors in identifying and monitoring risks that may affect multiple lines of business, and takes appropriate action when business activities exceed the risk tolerance of the company. This role is an individual contributor position and reports into the Operational Risk Reporting and Insights (ORRI) team within the Operational Risk Group Independent Risk Management team. The ideal candidate should have subject matter experience in Operational Risk from an industry and/or internally at Wells Fargo. The candidate will work on a team responsible for developing/coordinating reporting to be used for senior level audiences including the Board of Directors, Risk Committees and Operational Risk Group Leadership. The ideal candidate will work closely with the Operational Risk Group Data Analytics and Insights (DA&I), Oversight and Reporting teams to help summarize key risks/themes and emerging risks across Operational Risk across all Wells Fargo groups. This position requires strong communication skills, ability to be flexible and high attention to detail for all reporting. The ideal candidate will provide the operational risk reporting team ad hoc related support to review and summarize key operational risk events. The candidate must be willing to operate in an environment of change and be flexible as the operational risk reporting team continues to evolve. The candidate must be able to collaborate across a broad audience of individuals across the Operational Risk Group, Control Teams, other Risk Organizations and Audit. Desired Qualifications: * Advanced Microsoft Office skills * Excellent verbal, written, and interpersonal communication skills * Strong analytical skills with high attention to detail and accuracy * Ability to interact with all levels of an organization * Knowledge of Wells Fargo Systems and Operational Risk systems a plus * Familiarity with a variety of Operational Risk related applications including SHRP modules such as Issues Management and the Controls Catalog Required Qualifications * 6+ years of experience in compliance, operational risk management (includes audit, legal, credit risk, market risk, or the management of a process or business with accountability for compliance or operational risk), or a combination of both; or 6+ years of IT systems security, business process management or financial services industry experience, of which 3+ years must include direct experience in compliance, operational risk management, or a combination of both Desired Qualifications * Advanced Microsoft Office skills * Excellent verbal, written, and interpersonal communication skills * Strong analytical skills with high attention to detail and accuracy * Ability to interact with all levels of an organization * Experience successfully collaborating with others in a change driven environment * Knowledge and understanding of Shared Risk Platform (SHRP) such as reporting and issue management Other Desired Qualifications * Knowledge of Wells Fargo operational risk systems * Ability to grasp big-picture concepts and distill down to the appropriate amount of detail based on the audience presentation/story boarding Job Expectations * Ability to travel up to 15% of the time Salary Information The salary range displayed below is based on a Full-time 40 hour a week schedule. NC-Charlotte: Min: $80,500 Mid: $115,000 MN-Minneapolis: Min: $80,500 Mid: $115,000 GA-Atlanta: Min: $80,500 Mid: $115,000 TX-DAL-Downtown Dallas: Min: $80,500 Mid: $115,000 CO-Denver: Min: $80,500 Mid: $115,000 IA-Des Moines: Min: $80,500 Mid: $115,000 AZ-PHX-Central Phoenix: Min: $80,500 Mid: $115,000 OR-Portland: Min: $80,500 Mid: $115,000 NC-Raleigh: Min: $80,500 Mid: $115,000 UT-Salt Lake City: Min: $80,500 Mid: $115,000 TX-SA-Downtown: Min: $80,500 Mid: $115,000 MO-Saint Louis: Min: $80,500 Mid: $115,000 Street Address NC-Charlotte: 301 S Tryon St - Charlotte, NC MN-Minneapolis: 550 South 4th St - Minneapolis, MN GA-Atlanta: 2 Peachtree St Nw - Atlanta, GA TX-DAL-Downtown Dallas: 1445 Ross Ave - Dallas, TX CO-Denver: 1740 Broadway - Denver, CO IA-Des Moines: 666 Walnut St - Des Moines, IA AZ-PHX-Central Phoenix: 100 W Washington St - Phoenix, AZ OR-Portland: 635 Sw 6th Ave - Portland, OR NC-Raleigh: 150 Fayetteville St - Raleigh, NC UT-Salt Lake City: 299 S Main St - Salt Lake City, UT TX-SA-Downtown: 109 N San Saba - San Antonio, TX MO-Saint Louis: 1 N Jefferson Ave - Saint Louis, MO Disclaimer All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act. Relevant military experience is considered for veterans and transitioning service men and women. Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation. Wells Fargo Dallas TX

Risk, Operational Risk, Vendor Specialist, Associate, Dallas

Goldman Sachs