Asset & Wealth Management, Marcus US Deposits Business Controls & Risk Management, Associate - Richardson

About the role

The Goldman Sachs Group, Inc. is seeking an Associate to join the Marcus US Deposits Business Controls and Risk Management function in Richardson, Texas. The role will execute key control deliverables related to issues management, risk reporting, and control assessments to ensure regulatory compliance, protect client assets, and manage risk.

Responsibilities

• Proactively identify business risks, process deficiencies, and potential gaps/weaknesses in risk management practices.
• Present outcomes of gap assessment and remediation to leadership.
• Pre-empt 2LOD/3LOD engagements by proactively reviewing process documentation (process maps, procedures, etc.) and working with stakeholders to identify existing controls, identify control gaps (automation, detective reporting, etc.) and ensure that risks are sufficiently mitigated.
• Actively participate in cross-functional working groups to reconcile engineering roadmaps and daily intake requests, ensuring all prioritized initiatives are seamlessly aligned with the PRC Change Management framework.
• Lead cross-functional 2LOD/3LOD engagement efforts across the business.
• Work closely with stakeholders to map change management activities to reporting requirements, preparing bi-weekly impact assessments and supporting ad-hoc audit deliverables.
• Maintain effective communication with other teams to facilitate weekly executive approval meetings, resolve past-due tickets, and shepherd the implementation of corrective actions for non-compliance with policies and procedures to ensure timely resolution.
• Contribute to executive reporting and other data-driven deliverables, with a focus on providing appropriate content, context, and structure in a precise and timely manner.

Qualifications

• Bachelor's degree in Risk Management, Business, Finance, or a related field.
• 5+ years related work experience in an Operational Risk, Audit, Change Management role or transferable knowledge.
• Understanding of Consumer banking processes in a risk management context are required.
• Exposure to qualitative and quantitative controls across financial products.
• Strong analytical orientation, lateral thinking, organizational, influencing skills and attention to detail.
• Ability to perform data analytics using metrics to identify trends and themes.
• Excellent communication skills to clearly articulate issues and ideas with different levels of stakeholders.
• Innovative, including a keen eye for identifying areas of unmitigated risk.
• Good influencing skills to challenge the status quo.
• Sound time management skills to be able to effectively prioritize and multi-task.
• A mentor/coach to the juniors in the team.
• Good interpersonal and teamwork skills to develop strong stakeholder relationships.
• The ability to present with impact and build consensus across senior stakeholder groups.
• Track record of delivering and enhancing measurable, impactful business outcomes.
• Proficiency in Jira and Microsoft tool suite including SharePoint, Excel, Word, and PowerPoint.

Skills

• Bachelor's degree in Risk Management, Business, Finance, or a related field.
• 5+ years related work experience in an Operational Risk, Audit, Change Management role or transferable knowledge.
• Understanding of Consumer banking processes in a risk management context are required.
• Exposure to qualitative and quantitative controls across financial products.
• Strong analytical orientation, lateral thinking, organizational, influencing skills and attention to detail.
• Ability to perform data analytics using metrics to identify trends and themes.
• Excellent communication skills to clearly articulate issues and ideas with different levels of stakeholders.
• Innovative, including a keen eye for identifying areas of unmitigated risk.
• Good influencing skills to challenge the status quo.
• Sound time management skills to be able to effectively prioritize and multi-task.
• A mentor/coach to the juniors in the team.
• Good interpersonal and teamwork skills to develop strong stakeholder relationships.
• The ability to present with impact and build consensus across senior stakeholder groups.
• Track record of delivering and enhancing measurable, impactful business outcomes.
• Proficiency in Jira and Microsoft tool suite including SharePoint, Excel, Word, and PowerPoint.

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