Global Banking & Markets- New York - Vice President, Risk Governance - 7797957

Job Duties: Vice President, Risk Governance with Goldman Sachs & Co. LLC in New York, New York. Program management for strategic Risk and Control Self-Assessment (RCSA) uplift projects, improvements, and enhancements, including program management, execution, and implementation of strategic enhancements. Align divisional objectives with Firmwide operational risk tooling strategy. Drive conversations with engineers and second line teams to prioritize, design, and implement new capabilities in operational risk event management, challenge processes, and control efficacy testing. Execute oversight of the quarterly Risk and Control Self-Assessment including implementing change management programs, executing assessor updates, managing triggered risk and controls, compiling sign-off materials, and facilitating of sign-off meetings. Advise on RCSA and Sarbanes-Oxley issues and resolution plans and partnering and engaging with second line of defense personnel. Support and expand the integration of RCSA, including with Front Office, Engineering, and Operations to achieve a comprehensive risk management product. Source and handle data to drive RCSA ratings, transitioning over time from a manual human-based assessment to an automated platform.

Job Requirements: Bachelor's degree (U.S. or foreign equivalent) in Economics, Finance, Business Management, or a related field and five (5) years of experience in the job offered or in a related role. Prior experience must include three (3) years with the following: working within operational risk frameworks in the financial service industry to provide a consistent approach to risk management for various Operational Risk types; leveraging core framework elements to ensure appropriate identification, mitigation reporting, and escalation of operational risk including Internal and External Operational Risk Events, Risk and Control Self-Assessment (RCSA), Scenario Analysis, Issue Management, and Governance and Reporting; working with senior stakeholders globally, setting and providing guidance on assessment methodology, enforcing assessment standards and deadlines, and issuing identification and escalation; creating and curating metrics and management information for senior governance forums including operational risk event reporting and forecasting metric, key risk indicators, risk appetite metric, exception reporting, and remediation tracking and escalation; summarizing output of RCSA and other elements of the operational risk framework to senior management forums; identifying and mitigating operational risk errors through thematic event analysis, deep dive reviews and continued business engagement, and applying mitigation and integrating analysis into other elements of the operational risk framework; and utilizing governance practices in the financial services industry, including the "three lines of defense" model, role and responsibilities of internal audit and independent risk management functions, including Compliance and Operational Risk.

Salary Range: Annual base salary for this New York, New York -based position is $194,000 - $300,000.

The Goldman Sachs Group, Inc., 2025. All rights reserved. Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity.