Transaction Banking Division-NEW YORK-Vice President-Operational Risk

Platform Solutions, Transaction Banking - Operational RIsk, Vice President, New York, NY

Platform Solutions

In Platform Solutions (PS), we power clients with innovative and customer-centred financial products. We bring the best qualities of a technology player and combine that with the best attributes of a large bank. PS is comprised of four main businesses, underpinned by engineering, operations, and risk management:

• Transaction Banking (TxB), a cash management and payments platform for clients building a corporate treasury system
• Enterprise Partnerships, consumer financial products that companies embed directly within their ecosystems to better serve their end customers
• Merchant Point-of-Sale Lending, a platform that provides custom credit financing for home improvement merchants to offer directly to their customers
• ETF Accelerator, a platform for clients to launch, list and manage exchange-traded funds

Join us on our journey to deliver financial products and platforms that prioritize the customer and developer experience

HOW YOU WILL FULFILL YOUR POTENTIAL

As part of TxB's global operational risk team, you will help lead and manage audit and regulatory engagements across multiple internal and external stakeholders. We are looking for someone with lots of energy that has excellent communication skills, enjoys product and engineering challenges, and can operate in a highly fluid, rapidly changing environment. If that's you, we would like to hear from you!

RESPONSIBILITIES

• Facilitate the timely, complete, and accurate execution of concurrent internal and external audit and regulatory engagements by (1) coordinating and tracking requests, (2) gathering relevant evidence from authoritative sources, and (3) reviewing evidence to confirm it meets the request's requirements prior to submission
• Assist in fact-finding, data analysis, and supporting documentation collation in response to findings
• Design, socialize, and track the timely implementation of remedial actions to address control gaps
• Prepare documentation of key processes, transaction flows, and controls for external and internal audiences
• Monitor ongoing adherence to TxB and Firmwide control programs, provide early warnings to responsible parties, and drive completion of required actions
• Support regulatory engagements and routines, as required, including keeping up to date with various applicable regulations, reporting and other regulatory interactions
• Collaborate closely with second line of defense (2LOD) and third line of defense (3LOD) partners
• Establish trusted partnerships with peers, functional leads, and executive level stakeholders
• Update and maintain documentation for team processes and best practices
• Must be independent and comfortable in a fast paced, ambiguous, and often multi-directional work environment
• Manage ongoing and detailed project plans to drive key deliverables to completion
• Provide clear and concise updates to leadership

BASIC QUALIFICATIONS

• 10+ years of relevant professional experience in risk, audit, regulatory and/or compliance
• Ability to analyze internal and external processes and integration to understand risks and identify controls
• Understanding of relevant audit and control standards and the ability to drive and maintain the compliance
• Ability to be creative, collaborate widely and deliver on key risk objectives in a fast-paced start-up environment
• Strong presentation skills, organizational and interpersonal skills, and leadership presence
• Must be independent and comfortable in a fast paced, ambiguous, and often multi-directional work environment
• Ability to manage several projects/tasks simultaneously
• Team oriented; strong interpersonal and communication skills
• Energetic, self-directed, and self-motivated
• Fluent in English

PREFERRED QUALIFICATIONS

• Prior Transaction Banking/Commercial Banking/Payments experience
• Knowledge of SOC 1/2 reporting

Salary Range
The expected base salary for this New York, New York, United States-based position is $125,000 - $250,000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.

Benefits
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here .

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