AWM, Marcus by Goldman Sachs, Issues Management- Business Controls and Risk Management, Vice President, Richardson, TX

The Goldman Sachs Group, Inc. is a leading global financial services firm providing investment banking, Global Markets and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. The firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Bangalore, Hong Kong and other major financial centers around the world.

AWM Description

Bringing together traditional and alternative investments, we provide clients around the world with a dedicated partnership and focus on long-term performance. As the firm's primary investment area, we provide investment and advisory services for some of the world's leading pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors and individuals, for which we oversee more than $2 trillion in assets under supervision. Working in a culture that values integrity and transparency, you will be part of a diverse team that is passionate about our craft, our clients, and building sustainable success. We are:

• Investors, spanning traditional and alternative markets offering products and services
• Advisors, understanding our clients' priorities and poised to help provide investment advice and strategies that make sense for their portfolios
• Thought Leaders, providing timely insights across macro and secular themes to help inform our clients' investment decisions
• Innovators, using our suite of digital solutions to help our clients address complex challenges and meet their financial goals

YOUR IMPACT

We are looking for Vice President to serve as a member of the Marcus US Deposits Business Controls function in Richardson, TX. The role will lead a team of experts for issues management, to proactively identify, assess, manage and report on control issues.

OUR IMPACT

Within Asset & Wealth Management, we seek to provide innovative investment solutions to help our clients meet their financial goals. We work with specialists and groups from around the firm to help individuals and institutions across various industries navigate changing markets and to provide them with a diverse offering of product solutions.

As part of AWM, Marcus US Deposits is the Consumer deposits business, offering savings accounts and certificates of deposits to our customers to manage their financial goals. Our growth is driven by a relentless focus on our people, our clients, and leading-edge technology, data and design. We value self-starters with an entrepreneurial spirit, providing the support and resources to ensure your success.

Marcus US Deposits Business Controls is a first-line risk and controls management function which ensures process and controls design, controls assessment, issues management, controls monitoring and testing, risk reporting and governance.

Our primary objective is to elevate our controls environment to enable growth and scalability of the business in a well-managed way. It is a critical function to mitigate risk within Marcus US Deposits and Goldman Sachs as a whole. This function collaborates strongly with other functions in Business Controls to ensure proactive risk assessment, control design and enhancement. We are looking for people with strong analytical and quantitative backgrounds and a strong interest in financial services. We seek bright and dynamic individuals with a quantitative orientation, basic financial acumen, and fluency with risk and controls.

HOW YOU WILL FULFILL YOUR POTENTIAL

ROLE REQUIREMENTS

• Evaluate control issues to ensure conformance to Consumer and Firm requirements
• Analyze issue root-cause and validate remediation actions
• Perform issue data quality monitoring
• Aggregate issues to identify key themes and control enhancement opportunities
• Develop and report on Key Risk Indicators/ Key Control Indicators
• Lead senior management presentations on issue metrics and analysis
• Identify ways to share risk best practice across teams and functions, and with other business lines where like processes exist/there is exposure to similar risk
• Hire, develop and retain great talent

SKILLS & QUALIFICATIONS

• Bachelor's degree in Risk Management, Business, Finance, or a related field
• 10+ years related work experience
• Understanding of Consumer banking processes in a risk management context are required
• Exposure to qualitative and quantitative controls across financial products.
• Familiarity with issues management/ GRC tools (Archer, EIR, etc.)
• 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 control enhancements
• Good influencing skills to challenge the status quo and enhance the control environment
• 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
• CFA, FRM or equivalent professional certifications preferred
• Experience with Tableau or other reporting/ data analytics tools

PREFERRED QUALIFICATIONS

• 5-7 years banking experience, specifically in operational risk, compliance, internal audit or issues management
• Strong knowledge of Risk Assessment Framework and experience performing control assessments
• Working knowledge of financial, operational, compliance, and reputation risks
• Experience aggregating and analyzing various types of risks and data with output to dashboards and/or formal written assessments