The Goldman Sachs Group
Finance Risk Associate, Governance and Strategic Projects, SLC
The Goldman Sachs Group, Salt Lake City, Utah, United States, 84193
Job Summary:The successful candidate will join the Finance Risk team, specifically within Governance and Strategic Projects which works closely with each of the risk disciplines in the department. Finance Risk provides oversight for Capital, Liquidity and Accrual Rate Risk. Accrual Rate Risk works closely with Corporate Treasury, and all risk-taking business units to monitor and set limits on accrual interest rate risk metrics. In addition, the team assesses new activity, understands business strategy, and reviews and challenges proposals that impact the firms interest rate exposures. Capital Risk is responsible for ensuring that the firm's process for applying the capital rule is well-defined and subject to independent oversight with appropriate testing and validation, the firm has a comprehensive governance structure which ensures that both policies /interpretations and calculation testing are covered by an independent second line function. Liquidity Risk is the independent risk management function responsible for identifying, quantifying, and managing the liquidity risk of the firm. We work closely with Corporate Treasury, Controllers, Operations, Global Banking and Markets, Asset and Wealth Management, Platform Solutions, and the broader Risk organization to provide independent risk assessment and oversight of the firm's liquidity risk taking.Key Responsibilities:Lead and manage the delivery of strategic departmental projects, including participation in cross divisional regulatory initiativesUnderstand and facilitate implementation of the firm's risk management framework within the Finance Risk departmentManage execution of Risk & Control Self-Assessment (RCSA) process for the departmentProduce reporting and analytics based on assessment results to senior management
Partner closely with key stakeholders in the department and Engineering on the prioritization of technology related enhancementsUnderstand and apply the firm's issue management governance, including applicable policies, frameworks and standardsEngage with stakeholders across the department on effective review and challenge of enterprise-wide issues, including root causes analysis, remediation and lessons learned
Provide transparency and progress of projects, issues, timelines, and budgets to Risk senior managementPrepare management reporting for senior management and the Board, where requiredProvide functional support on assessment methodology and ensure assessments are executed appropriately and on time
Experience/skills required:
Bachelor's degree3-5 years in the Financial Services / Banking industry or ConsultingPrior experience in risk management, corporate governance or project management assessment, process, and control-oriented mindsetUnderstanding of risk management frameworks and/or liquidity risk, interest rate risk or capital risk disciplines preferredExceptional verbal, written, and interpersonal communication skillsProven experience in driving own book of work and delivering against firmwide and cross-risk initiatives
About Goldman SachsAt 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.htmlThe Goldman Sachs Group, Inc., 2023. All rights reserved.Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
Partner closely with key stakeholders in the department and Engineering on the prioritization of technology related enhancementsUnderstand and apply the firm's issue management governance, including applicable policies, frameworks and standardsEngage with stakeholders across the department on effective review and challenge of enterprise-wide issues, including root causes analysis, remediation and lessons learned
Provide transparency and progress of projects, issues, timelines, and budgets to Risk senior managementPrepare management reporting for senior management and the Board, where requiredProvide functional support on assessment methodology and ensure assessments are executed appropriately and on time
Experience/skills required:
Bachelor's degree3-5 years in the Financial Services / Banking industry or ConsultingPrior experience in risk management, corporate governance or project management assessment, process, and control-oriented mindsetUnderstanding of risk management frameworks and/or liquidity risk, interest rate risk or capital risk disciplines preferredExceptional verbal, written, and interpersonal communication skillsProven experience in driving own book of work and delivering against firmwide and cross-risk initiatives
About Goldman SachsAt 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.htmlThe Goldman Sachs Group, Inc., 2023. All rights reserved.Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity