Risk, Operational Risk, Analyst, Hong Kong

Risk, Operational Risk, Analyst, Hong Kong

location_on

Hong Kong

share

Share

bookmark_border

Save

Opportunity Overview

sitemap_outline

CORPORATE TITLE

Associate

language

OFFICE LOCATION(S)

Hong Kong

account_balance

DIVISION

Risk Division

Apply

At Goldman Sachs, we connect people, capital and ideas to help solve problems for our clients. We are a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals

ABOUT OUR ROLES IN OPERATIONL RISK

Through measuring and managing operational risk across the firm, you will contribute to an effective and efficient allocation of risk capital, and enforce the risk appetite of the firm. In doing so you will provide commercial and strategic business risk insight to the firm and to our clients, including adjusting business practices to reduce inherent risk and increase ambient control. You will become a risk expert with in-depth knowledge in different businesses and all aspects of operational risk.

YOUR IMPACT AND RESPONSIBILITIES

The Operational Risk Department, an independent risk management function as part of the Risk Division, is responsible for developing and implementing a standardized framework to identify, measure, and monitor operational risks across the firm.

The role is for a junior professional with an interest in expanding on existing subject matter expertise in order to actively employ and strengthen the components of the firm’s operational risk management framework.

Responsibilities include

Facilitation of operational risk event collection, performing detailed reviews of events, tracking of remediation, conducting trend analysis and reporting

Interaction with Subject Matter Experts (SMEs) in Technology and the business in order to help identify enhancements through effective assessment and challenge of the business and technology processes and the Technology Control Infrastructure

Working with Business Continuity Coordinators in all business and technology groups across the Asia region to ensure Divisional plans and assurance activities meet Firm and regulatory requirements

Interaction with regulators in matters related to operational & technology risks as well as support for the firm’s Operational Risk Governance framework

Exercising credible and effective challenge as a 2nd line of defense

Ensuring operational risks arising from new products, activity, migrations, etc. are properly considered

Remaining current on business drivers, regulatory and industry changes impacting the business, identifying new or emerging risks to which the business is exposed

Providing clear and concise verbal and written recommendations and guidance to internal staff on Operational Risk matters

Working with senior stakeholders across the Firm to further strengthen and develop the risk framework and its individual components

Conducting training and raising awareness of the operational risk framework and business continuity program within the region

Identifying, monitoring and analyzing risk measures

Contributing to the advancement of operational risk methods and practices and the operational risk management framework

QUALIFICATIONS

This role requires an energetic self-starter who can liaise with teams across the Firm at several levels of management both regionally and globally, and may require interaction with external parties. Experience in businesses, products, technologies and control requirements is required together with strong interpersonal and analytical skills.

Core Skills and Experience

Clear English communication skills (written and spoken)

Strong understanding of risk management concepts and how Technology and Business controls, policies and procedures enable effective prevention, detection, and mitigation of risks

Strong analytical, interpersonal, problem solving, organizational and time management skills

Knowledge of Asia Financial Markets, products traded, and an understanding of the processes and business and technology flows in an Investment Bank

Understanding of the regulatory environment and/or business continuity knowledge in developing or maintaining business continuity plans, business recovery site development and testing, and crisis management across Asia markets are an advantage

Understanding of technology risks and controls including those applicable to Information Security, Cyber Security, and Application Development

Good understanding of the regulatory environment in Asia

Knowledge of, and experience with, Business Continuity and Technology Resiliency concepts and frameworks in order to drive the regional cross-divisional program which is part of the global Firmwide Business Continuity Program is advantageous

Strong technical and quantitative aptitude to be able to understand and determine quantification of operational risks

Excellent interpersonal, verbal and written communication skills. Able to present and communicate status and risks and technical details with impact and influence

Ability to work in a fast paced environment

Self-starter, able to work independently and proactively, with a proven track record of delivery

Team oriented

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., 2024. All rights reserved.

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.

We Offer Best-In-Class Benefits

Healthcare & Medical Insurance

We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.

Holiday & Vacation Policies

We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.

Financial Wellness & Retirement

We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.

Health Services

We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.

Fitness

To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).

Child Care & Family Care

We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.

Benefits at Goldman Sachs

Read more about the full suite of class-leading benefits our firm has to offer.

Learn More