Operational Risk Data Assurance Specialist

1 month ago


Bengaluru, Karnataka, India Goldman Sachs Full time

The Risk division at Goldman Sachs is responsible for managing the firm's credit, market, and operational risk, as well as model risk, independent liquidity risk, and insurance. The Analytics & Reporting (A&R) group within Risk Engineering plays a critical role in ensuring the firm's senior leadership, investors, and regulators have a complete view of the firm's risk profile.

The Op Risk Event Data Assurance function is a key part of this work, focusing on the quality of data used for risk management and regulatory reporting. This includes operational risk event data, which requires timely and accurate reporting. The Loss Data Validation function ensures the effectiveness of controls and data accuracy.

The Op Risk Event Data Assurance function is responsible for assuring the data quality of operational risk event data. This includes:

  • Understanding the firm's businesses and operational risk events, including regulatory expectations around data quality.
  • Daily review and management of operational risk data quality processes, including initiating challenge processes with stakeholders.
  • Building robust workflows, processes, and procedures for monitoring and challenging data quality.
  • Working with internal stakeholders to implement the firm's data quality strategy.
  • Engaging with external stakeholders, including regulators and auditors.
  • Identifying and escalating issues related to data accuracy and quality.
  • Initiating process improvements and developing methods to reduce risks and increase controls.

The ideal candidate will have a strong understanding of financial and accounting principles, as well as experience in operational risk or a financial institution. They will also have strong analytical and quantitative skills, as well as excellent written and verbal communication skills.

At Goldman Sachs, we are committed to fostering a diverse and inclusive workplace. We believe that our people are our greatest asset, and we strive to create an environment where everyone can grow and succeed.



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