Vice President, SLC The Operational Risk Department at Goldman Sachs is an independent risk management function responsible for developing and implementing a standardized framework to identify ...
Vice President, SLC The Operational Risk Department at Goldman Sachs is an independent risk management function responsible for developing and implementing a standardized framework to identify ...
Vice President, SLC The Operational Risk Department at Goldman Sachs is an independent risk management function responsible for developing and implementing a standardized framework to identify ...
Vice President, SLC The Operational Risk Department at Goldman Sachs is an independent risk management function responsible for developing and implementing a standardized framework to identify ...
Vice President, SLC The Operational Risk Department at Goldman Sachs is an independent risk management function responsible for developing and implementing a standardized framework to identify ...
Vice President, SLC The Operational Risk Department at Goldman Sachs is an independent risk management function responsible for developing and implementing a standardized framework to identify ...
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Vice President Operational Risk information
See Pleasant Grove, UT salary details
$61.8K - $77.8K
2% of jobs
$77.8K - $93.9K
8% of jobs
$104.1K is the 25th percentile. Wages below this are outliers.
$93.9K - $109.9K
23% of jobs
$109.9K - $125.9K
16% of jobs
The median wage is $127.1K / yr.
$125.9K - $141.9K
14% of jobs
$141.9K - $158K
11% of jobs
$159.8K is the 75th percentile. Wages above this are outliers.
$158K - $174K
9% of jobs
$174K - $190K
7% of jobs
$190K - $206.1K
4% of jobs
$206.1K - $222.1K
3% of jobs
$222.1K - $238.1K
2% of jobs
$61.8K
$140.5K
$238.1K
How much do vice president operational risk jobs pay per year?
What does a vice president of operational risk do?
How does a vice president of operational risk typically collaborate with other departments to manage risk across the organization?
What are the key skills and qualifications needed to thrive as a vice president of operational risk, and why are they important?
What is the difference between Vice President Operational Risk vs Risk Manager?
| Aspect | Vice President Operational Risk | Risk Manager |
|---|---|---|
| Credentials | Bachelor's/Master's in Finance, Risk Management, or related fields; certifications like FRM or CRM often preferred | Bachelor's degree in Finance, Risk Management, or related fields; certifications like FRM or CRM beneficial |
| Work Environment | Strategic, leadership-focused, overseeing risk policies across departments | Operational, analyzing and managing specific risk areas within teams |
| Employer & Industry Usage | Common in banking, finance, and large corporations with complex risk frameworks | Found across industries, including banking, insurance, and corporate sectors |
The Vice President Operational Risk typically holds a senior leadership role, focusing on strategic risk oversight and policy development, while the Risk Manager handles day-to-day risk assessments and mitigation within specific areas. Both roles require relevant certifications and experience but differ mainly in scope and responsibility.
What cities near Pleasant Grove, UT are hiring for Vice President Operational Risk jobs?
Cities near Pleasant Grove, UT with the most Vice President Operational Risk job openings:

Risk, Operational Risk, Vice President, Salt Lake City
Salt Lake City, UT • On-site
Full-time
Re-posted 4 days ago
Goldman Sachs rating
7.8
Based on 28 frontline employees who took The Breakroom Quiz
90th of 176 rated banks
Job description
Organization: Risk Division, Operational Risk
Team: Transaction Execution and Processing Risk (TEPR)
Level/Location: Vice President, SLC
The Operational Risk Department at Goldman Sachs is an independent risk management function responsible for developing and implementing a standardized framework to identify, measure, and monitor operational risk across the firm.
Position Overview:
The TEPR team is a 2nd Line of Defense (2LoD) team with a focus on independently overseeing and challenging the execution & processing risks of transaction lifecycles of the Firm. We are seeking a Vice President of Transaction, Execution and Processing Risk (TEPR) team to support the team's efforts in managing the transaction-related operational risks across the Firm. This role requires a deep understanding of financial transaction lifecycles as well as understanding of a financial institution's operational risk management framework (ORMF) elements. The successful candidate will provide subject matter expertise and set the strategic direction in managing transaction, execution and process risks of the Firm, oversee proper execution of the Firm's ORMF and collaborate with senior stakeholders within the Risk Division and across relevant business Segments of the Firm.
Responsibilities:
- Contribute to the development, implementation, and maintenance of the firm's strategy for managing transaction, execution and processing risk, aligning with the Firm's overall risk management framework
- Understand the process flows of the Firm's transaction lifecycles across multiple business Segments
- Set minimum controls requirements for transaction lifecycle activities
- Identify, analyze and challenge transaction execution and processing risks with a horizontal view across the business segments
- Utilize data analytics and reporting tools to support the 2LoD analyses and challenges
- Establish a 2LoD metrics program to support a qualitative/quantitative to maintain ongoing monitor, triggers, escalation, and mitigating actions of the relevant control vulnerabilities and risk profile changes
- Evaluate the impact and likelihood of risks as well as review adequacy and effectiveness of existing controls and recommend enhancements
- Perform detailed reviews of TEPR-related incident trends to identify significant risks or control deficiencies and ensure remediation of issues comprehensively and timely.
- Prepare and present comprehensive risk profile reports to senior management, highlighting key risk themes, trends, and strategic recommendations.
- Develop presentation materials and conduct sessions to educate staff on transaction execution and processing risks
- Raise awareness about risk management practices and promote a risk-aware culture across the organization
- Mentor and guide a team of risk managers, fostering professional growth and skill development
- Provide subject matter expertise during internal and regulatory audits and examinations as well as thought leadership within the organization.
Qualifications and skills
- Bachelor's degree or equivalent required
- Master's degree in Finance, Business, Risk Management, or a related field; professional certifications in risk management (e.g., FRM, CIA) are desirable but not mandatory
- 10+ years of experience in operational risk management, with subject matter expertise in managing transaction, execution and processing risk, or related areas within the financial services industry
- Proven track record of leading and managing operational risk management framework within the financial services industry
- Familiarity with enterprise risk management best-practices and controls
- Proficiency in data analysis, and risk reporting
- In-depth understanding of regulatory compliance requirements and industry best practices
- Exceptional analytical skills with the ability to synthesize complex data and provide strategic insights
- Excellent communication and presentation skills, to a) interact confidently with senior executives and b) convey complex concepts to diverse audiences
- Strong leadership abilities and a demonstrated capacity to drive change and influence decision-making
- Strong analytical abilities, including the use of data and visualization of data to aid strategy discussion with proficiency in Excel, PowerPoint, and Sharepoint - Tableau & SQL are a plus
What Goldman Sachs employees say
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About Goldman Sachs
Sourced by ZipRecruiter
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