Risk Division JOB LOCATION: 717 North Harwood Street, Dallas, TX 75201 Number of direct reports: None JOB DUTIES: Identify, monitor, and analyze operational risks arising from data management ...
Risk Division JOB LOCATION: 717 North Harwood Street, Dallas, TX 75201 Number of direct reports: None JOB DUTIES: Identify, monitor, and analyze operational risks arising from data management ...
Risk Division JOB LOCATION: 717 North Harwood Street, Dallas, TX 75201 Number of direct reports: None JOB DUTIES: Identify, monitor, and analyze operational risks arising from data management ...
Risk Division JOB LOCATION: 717 North Harwood Street, Dallas, TX 75201 Number of direct reports: None JOB DUTIES: Identify, monitor, and analyze operational risks arising from data management ...
Associate Director Department: Operational Risk Management Department Overview The Operational Risk Management ("ORM") Department is responsible for the Risk Mitigation Framework. The Risk Mitigation ...
Associate Director Department: Operational Risk Management Department Overview The Operational Risk Management ("ORM") Department is responsible for the Risk Mitigation Framework. The Risk Mitigation ...
This includes execution of the Operational Risk Department (ORD) framework and related non ... Highly Desired (Not Required) > Direct experience with External Fraud risk (e.g., payment fraud ...
This includes execution of the Operational Risk Department (ORD) framework and related non ... Highly Desired (Not Required) > Direct experience with External Fraud risk (e.g., payment fraud ...
Director, Sourcing and Operational Risk Management
$175K - $210K/yr
Director, Sourcing and Operational Risk Management Location: Charlotte, NC, Dallas, TX, Knoxville, TN, Palo Alto, CA, Washington, D.C. Job Summary and Description: The Director of Sourcing ...
Director, Sourcing and Operational Risk Management
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Director, Fraud Risk Oversight
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Director, Fraud Risk Oversight
Westlake, TX · On-site
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... direct engagement with functional stakeholders and participation in relevant committees and working ... Operational Risk Coverage (e.g., Fraud, Cybersecurity, Technology, Information Security, Third ...
... direct engagement with functional stakeholders and participation in relevant committees and working ... Operational Risk Coverage (e.g., Fraud, Cybersecurity, Technology, Information Security, Third ...
... direct engagement with functional stakeholders and participation in relevant committees and working ... Operational Risk Coverage (e.g., Fraud, Cybersecurity, Technology, Information Security, Third ...
... direct engagement with functional stakeholders and participation in relevant committees and working ... Operational Risk Coverage (e.g., Fraud, Cybersecurity, Technology, Information Security, Third ...
The role owns and helps direct the issue management process. The incumbent will be responsible for ... operational, compliance, AML/ATF/sanctions and conduct risk. * Champions a high-performance ...
The role owns and helps direct the issue management process. The incumbent will be responsible for ... operational, compliance, AML/ATF/sanctions and conduct risk. * Champions a high-performance ...
The role owns and helps direct the issue management process. The incumbent will be responsible for ... operational, compliance, AML/ATF/sanctions and conduct risk. * Champions a high-performance ...
The role owns and helps direct the issue management process. The incumbent will be responsible for ... operational, compliance, AML/ATF/sanctions and conduct risk. * Champions a high-performance ...
... operational procedures that enable implementation of Global TPRM policy and standards. • ... years of direct experience in vendor management or third-party risk management is preferred ...
... operational procedures that enable implementation of Global TPRM policy and standards. • ... years of direct experience in vendor management or third-party risk management is preferred ...
Performs remediation and operational projects to continuously improve the accuracy, completeness ... years of direct experience in vendor management or third-party risk management is preferred ...
Performs remediation and operational projects to continuously improve the accuracy, completeness ... years of direct experience in vendor management or third-party risk management is preferred ...
Technology Cybersecurity Operational Risk Management Lead - Vice President
Plano, TX · On-site
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As a Cybersecurity Operational Lead in Compliance, Conduct, and Operational Risk team, you will ... Write and present risk and control assessments to Executive Directors, Managing Directors, and ...
Technology Cybersecurity Operational Risk Management Lead - Vice President
Plano, TX · On-site
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As a Cybersecurity Operational Lead in Compliance, Conduct, and Operational Risk team, you will ... Write and present risk and control assessments to Executive Directors, Managing Directors, and ...
As a Risk Management Associate Director, you'll be responsible for developing and implementing, or ... You'll play a key role in the Bank's Enterprise and Operational Risk Management Team, which is ...
As a Risk Management Associate Director, you'll be responsible for developing and implementing, or ... You'll play a key role in the Bank's Enterprise and Operational Risk Management Team, which is ...
Position Summary The Director of Risk Management supports the execution of TCR's risk management ... Partner with development, construction, and operations teams to assess project-level risks and loss ...
Position Summary The Director of Risk Management supports the execution of TCR's risk management ... Partner with development, construction, and operations teams to assess project-level risks and loss ...
Technology Cybersecurity Operational Risk Management Lead - Vice President
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Technology Cybersecurity Operational Risk Management Lead - Vice President
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Position Summary The Director of Risk Management supports the execution of TCR's risk management ... Partner with development, construction, and operations teams to assess project-level risks and loss ...
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Position Summary The Director of Risk Management supports the execution of TCR's risk management ... Partner with development, construction, and operations teams to assess project-level risks and loss ...
As a Cybersecurity Operational Lead in Compliance, Conduct, and Operational Risk team, you will ... Write and present risk and control assessments to Executive Directors, Managing Directors, and ...
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Director, GTB Product Risk Management
Dallas, TX · On-site
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Director, GTB Product Risk Management
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Director, GTB Product Risk Management
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The director supports the implementation of the operational risk framework tools, providing business support and oversight across GTB product-related activities, ensuring reliable AML risk management ...
Director Operational Risk information
See Irving, TX salary details
$51.9K - $69.8K
6% of jobs
$69.8K - $87.8K
6% of jobs
$100.7K is the 25th percentile. Wages below this are outliers.
$87.8K - $105.8K
17% of jobs
$105.8K - $123.8K
16% of jobs
The median wage is $127.1K / yr.
$123.8K - $141.8K
23% of jobs
$151.7K is the 75th percentile. Wages above this are outliers.
$141.8K - $159.8K
11% of jobs
$159.8K - $177.7K
6% of jobs
$177.7K - $195.7K
4% of jobs
$195.7K - $213.7K
4% of jobs
$213.7K - $231.7K
2% of jobs
$231.7K - $249.7K
3% of jobs
$51.9K
$137.5K
$249.7K
How much do director operational risk jobs pay per year?
What does a Director of Operational Risk do?
How does a Director of Operational Risk typically collaborate with other departments to manage enterprise-wide risks?
What is the difference between Director Operational Risk vs Risk Manager?
| Aspect | Director Operational Risk | Risk Manager |
|---|---|---|
| Credentials | Typically requires advanced degrees (e.g., MBA, Risk Management certifications) | Often requires similar certifications but may have less emphasis on advanced degrees |
| Work Environment | Strategic, leadership-focused, overseeing risk frameworks across departments | Operational, focused on identifying and mitigating specific risks within teams |
| Employer & Industry Usage | Common in banking, finance, insurance, and large corporations | Found across various industries including finance, healthcare, and manufacturing |
The main difference is that the Director of Operational Risk typically holds a senior leadership role responsible for setting risk strategies and policies, while the Risk Manager focuses on implementing risk mitigation measures at the operational level. Both roles require relevant certifications and experience, but the Director position involves broader strategic oversight.
What are the key skills and qualifications needed to thrive as a Director of Operational Risk, and why are they important?
Goldman Sachs rating
8.3
Based on 27 frontline employees who took The Breakroom Quiz
49th of 170 rated banks
Job description
JOB TITLE: Associate, Operational Risk
ENTITY: Goldman Sachs & Co. LLC
DIVISION: Risk Division
JOB LOCATION: 717 North Harwood Street, Dallas, TX 75201
Number of direct reports: None
JOB DUTIES:
Identify, monitor, and analyze operational risks arising from data management practices such as prioritization of critical data, cataloguing of data lineage, data sourcing contracts, data governance standards, data quality controls and data quality monitoring
Develop evidence-based challenges and recommendations to improve data management operations and reduce operational risk
Develop, monitor and report metrics to measure adherence to data management standards, such as ownership, authoritative data sourcing and data quality controls
Propose qualitative and quantitative operational risk appetite/tolerance and monitor risk-taking trends through bespoke metrics.
Monitor the key control inventory for critical data, challenging the absent or non-compliant controls and ensure alignment with defined standards
Conduct scenario analysis by working with stakeholders to develop plausible tail risk scenarios used in quantifying specific businesses exposure to potential risk
Contribute to divisional and functional risk profile assessments by highlighting risk issues and trends to senior divisional managers and senior Operational Risk management team
Conduct quarterly triggered assessments to ensure the divisional risk and control self-assessment outcomes are consistent, credible, and underpinned by appropriate evidence
Remain current on business drivers, regulatory and industry changes impacting the firm's data governance activities and obligations
Contribute to the advancement of operational risk methods and practices and the operational risk management framework
Identify and drive initiatives that improve the risk management activities at the firm
MINIMUM EDUCATION REQUIREMENTS/DEGREE AND FIELD:
Master's degree (U.S. or foreign equivalent) in Finance, Economics, Business Administration, Computer Science, Accounting, Law, or a related field and one (1) of experience in the job offered or in a related role.
OR
Bachelor's degree (U.S. or foreign equivalent) in Finance, Economics, Business Administration, Computer Science, Accounting, Law, or a related field and three (3) years of experience in the job offered or in a related role.
SPECIAL SKILLS AND/OR LICENSES REQUIRED TO PERFORM THE JOB:
Prior experience must include two (2) years with Master's degree or four (4) years in the following:
Regulatory Compliance and Business Law
Corporate Governance and Risk Management
Finance and Financial Products
Operational Process Analysis
Management and Stakeholder Communication
Project Management
No license/travel/foreign language requirement
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Benefits
Hours and flexibility
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About Goldman Sachs
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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.
Industry
Finance and insurance
Company size
10,000+ Employees
Headquarters location
New York, NY, US
Year founded
1869