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Goldman Sachs

Vice President Asset & Wealth Management Strategic Transformation Office, Monito

Goldman Sachs, Dallas, Texas, United States, 75215


GOLDMAN SACHS ASSET & WEALTH MANAGEMENT

A career with Goldman Sachs Asset & Wealth Management is an opportunity to help clients across the globe realize their potential, while you discover your own. As part of one of the world’s leading asset managers with over $2 trillion in assets under supervision, you can expect to participate in exciting investment opportunities while collaborating with talented colleagues from all asset classes and regions, and building meaningful relationships with your clients. 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. Bringing together traditional and alternative investments, Goldman Sachs Asset & Wealth Management provides clients around the world with a dedicated partnership and focus on long-term performance. As a primary investment area within Goldman Sachs, we provide investment and advisory services for pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors, and individuals.

YOUR IMPACT

Are you passionate about transformation projects and contributing to the ever-evolving landscape of the Asset & Wealth Management industry? Can you see yourself in a fast-paced, global team environment, working on the design and development of risk and control management strategies?

We are looking for a Vice President to serve as a member of the Design Implementation Team for the Monitoring & Testing function in Dallas a critical role within the Asset & Wealth Management Strategic Transformation Office. By contributing to the development of a global segment strategy, as well as gaining invaluable exposure to senior leadership, this position contributes directly to the firm’s success in defining a standardized framework and robust organization to ensure regulatory compliance, protect client assets, and improve operational efficiency.

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. Financial planning, investment management, banking and comprehensive advice is provided to a wide range of clients, including ultra-high net worth and high net worth individuals, as well as family offices, foundations and endowments, and corporations and their employees. 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.

The Asset & Wealth Management Strategic Transformation Office is a recently established entity tasked with overseeing comprehensive large-scale transformations. Our primary objectives are to enhance scalability, drive revenue growth, improve client experience, and elevate controls to optimize our operating platform. This group comprises of four critical functions, including (1) Product Management & Design, (2) Change Management, (3) Regulatory Management, and (4) Monitoring & Testing.

The Monitoring & Testing function will implement an evaluation framework to continuously monitor the efficacy of our processes, systems, and controls, and ensure their performance and compliance through robust testing methods, positioning itself as a critical function in mitigating risk within Asset & Wealth Management and Goldman Sachs as a whole. This partnership with strategic efforts across the firm allows for close collaboration with the other three functions of the Asset & Wealth Management Strategic Transformation Office, providing opportunities for experience and influence in other areas.

HOW YOU WILL FULFILL YOUR POTENTIAL

Collaborate with the team to develop and implement a robust monitoring and testing framework for Asset & Wealth Management operations

Assist in overseeing the overall monitoring and testing program, ensuring compliance with regulatory requirements and internal policies

Define and document requirements, including identifying key risks and controls to be tested

Execute monitoring and testing procedures, including the development and implementation of test plans, test scripts, and the evaluations and documentation of test results

Identify gaps and weaknesses in existing processes and recommend improvements to enhance efficiency and effectiveness

Liaise with internal stakeholders, such as compliance officers, risk managers and operations teams, to address identified issues and implement necessary corrective actions

Collaborate with cross-functional teams to design and implement process improvements, leveraging technology where applicable to streamline monitoring and testing activities

Stay up-to-date with industry trends, best practices, and regulatory changes related to monitoring and testing frameworks

Provide training and guidance to team members on monitoring and testing methodologies, tools, and procedures

Prepare and present reports to management summarizing monitoring and testing activities, findings, and recommendations for improvements

SKILLS & QUALIFICATIONS

Bachelor’s / undergraduate degree in Finance, Risk Management, Business Administration, or a related field is advantageous

Strong project management skills, with experience executing projects on time and within budget

Detail-oriented and organized, with the ability to prioritize and manage highly complex change

Proven experience in a similar risk, compliance, or audit role within the Asset & Wealth Management industry

Strong understanding of Asset & Wealth Management products, processes, and regulations preferred

Knowledge of monitoring and testing methodologies, including the ability to design and implement effective testing plans and evaluate test results

Familiarity with risk management principles and frameworks

Excellent analytical and problem-solving skills, with the ability to identify potential risks and control weakness in complex processes

Exceptional communication and interpersonal skills, with the ability to collaborate effectively with stakeholders at all levels of the organization and drive consensus

Proficient in using relevant software tools, such as Microsoft Office Suite and data analysis software

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