Transaction Banking, Business Risk Management, Associate

Goldman Sachs

About The Position

TRANSACTION BANKING We aim to build a modern and digital-first transaction banking solution to serve our clients. Our business combines the strength, heritage, and expertise of a 150-year-old firm with the agility and entrepreneurial spirit of a tech start-up. Our goal is to provide a best-in-class digital product that helps clients to succeed by giving them a holistic view of their business. Through the use of modern technology built on the cloud, we are the alternative to legacy platforms. We’re a team of diverse experts helping our clients to build the future of their Treasury. ROLE SUMMARY As part of TxB’s global 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!

Requirements

Bachelor's degree in Business or Finance
3+ years experience within a risk management / compliance / other governance function preferred
Ability to analyze internal and external processes and integration to understand risks and identify controls
Attention to detail with a “Big Picture” mindset
Strong presentation skills, organizational and interpersonal skills, and leadership presence
Self-motivated and strong judgment and comfort with ambiguity and an ability to ideate from a blank canvas with minimal supervision
Expertise with MS-Office 365 suite, and SharePoint
Team oriented; ability to manage several projects/tasks simultaneously

Nice To Haves

Prior work experience Transaction Banking, Commercial Banking, or Payments organization
Prior experience in managing risk governance programs and business KRIs and KPIs

Responsibilities

Assist with leading the Risk & Control and Self-Assessment (RCSA) including coordinating and executing requirements per Firmwide standards
Identify weaknesses and gaps in processes (as evidenced by metrics, RCSA, incidents, issues, findings, etc.)
Assist with leading Issue Management Framework including coordinating and executing requirements per Firmwide standards
Engage with key stakeholders to identify and document operational issues, track progress of resolution, and communicate status regularly to stakeholders
Produce risk reporting and metrics to provide timely management information to business management on issues, control deterioration and remediation status; monitor metrics across the business
Prepare documentation of key processes and procedures for external and internal audiences
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
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