Operational Risk Data Assurance Specialist

2 weeks ago


Bengaluru, Karnataka, India Goldman Sachs Full time

At Goldman Sachs, we're seeking a skilled Operational Risk Data Assurance Specialist to join our team in Bengaluru.

About the Role

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

We're looking for an individual with a strong analytical background to play a critical role in ensuring the effectiveness of controls and data accuracy in our Loss Data Validation function.

Key Responsibilities
  • Understand firm businesses and operational risk events arising from them, including regulatory expectations around operational risk event data quality and the firm's standards and policies.
  • Review and manage operational risk data quality processes, initiating challenge processes with key stakeholders.
  • Develop robust workflows, processes, and procedures around monitoring and challenging operational risk data quality.
  • Collaborate with internal stakeholders on implementing and facilitating the firm's data quality strategy.
  • Engage with external stakeholders, including regulators and external auditors.
  • Identify and escalate issues related to data and work accuracy and quality.
  • Initiate process improvements and develop methods to reduce process risks, increase controls, and enhance communication.

Maintain and analyze data quality exceptions going into firm's regulatory reporting deliverables.

Requirements
  • A minimum Bachelor's degree in Finance, Economics or Business.
  • At least 7 years of relevant experience in operational risk or a financial institution.
  • Broad knowledge of financial and accounting principles and interest in finance, global financial markets, and economic developments.
  • Strong analytical and quantitative skills.
  • Effective written and verbal communication skills.
  • Ability to self-organize and demonstrate attention to detail.
  • Flexibility in a multinational environment and managing varied workloads to meet deadlines.

Estimated salary: ₹18,00,000 per annum (approximately $22,400 USD).



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