Transaction Banking, Head of Risk and Control Product, Vice President

Goldman Sachs • Dallas, TX

14d

About The Position

The Head of Risk and Control Product leads Transaction Banking’s Risk Product function and reports to the Global Head of Payments in Transaction Banking. The function owns, builds and oversees payment-related risk platforms, including Credit Risk Management, anti-money laundering (AML), sanctions and fraud. The role is accountable for the strategy, roadmap, delivery and ongoing oversight of internal product solutions and capabilities needed to process payments safely and efficiently. Working with first-line risk teams, second-line Risk and Compliance partners, Engineering and Operations, the position enables business growth through scalable risk capabilities aligned with the firm’s risk appetite.

The role owns product strategy and roadmaps, translates risk policies and control requirements into product requirements, and leads complex global platform initiatives from concept through launch. It also establishes governance and measures control effectiveness, platform performance and operational efficiency. The successful candidate sets direction for Product Risk, communicates priorities and progress to senior stakeholders, and builds and develops a high-performing team of product managers.

Requirements

• Bachelor’s degree.
• At least 10 years of relevant experience in payments, risk management or product management, ideally with substantial experience delivering risk-related platforms or capabilities.
• Deep payments and risk expertise, including a strong understanding of credit risk, AML, sanctions and fraud across domestic and cross-border payments.
• Proven track record of end-to-end product ownership and delivering complex initiatives on time while balancing risk requirements, client outcomes, business priorities and technical feasibility.
• Excellent written and verbal communication skills, including the ability to explain complex risk and technology topics clearly to senior audiences.
• Strong stakeholder management and influencing skills, including demonstrated ability to build alignment across risk, compliance, technology and operational teams and resolve competing priorities.
• Strong product judgment, analytical and organizational skills, including structured delivery planning and dependency management.
• Experience using JIRA and Confluence.

Nice To Haves

• Experience in a first-line risk function or senior product role focused on credit risk or fraud risk, with exposure to AML and sanctions capabilities.
• Experience owning or delivering credit risk platforms supporting exposure monitoring, limits and risk decision-making.
• Experience building or transforming transaction banking or corporate payments risk platforms, including integration with payment processing, risk data and operational workflows.

Responsibilities

• Own the product strategy and roadmap across Credit Risk Management, AML, sanctions and fraud, prioritizing investment to support growth, expansion into new client segments and operational scalability.
• Maintain clear governance, decision-making and escalation while respecting first-line ownership and independent second-line oversight and challenge.
• Translate risk policies, control requirements and operational workflows into actionable product requirements across geographies and payment modalities.
• Shape capabilities for credit exposure and limit management, transaction monitoring, sanctions screening and fraud prevention in partnership with firmwide second-line experts.
• Agree strategic priorities with first-line risk and second-line Risk and Compliance partners, aligning Engineering, Operations and business stakeholders on requirements, trade-offs and client experience.
• Drive greenfield risk platform builds from concept and design through development, testing and launch, managing complex, multi-quarter initiatives across global, cross-functional teams.
• Define KPIs for control effectiveness, platform performance and operational efficiency, using data to assess outcomes and guide improvement.
• Set a clear direction for Product Risk with measurable business and risk outcomes, and communicate priorities and progress to senior stakeholders.
• Build, lead and develop a high-performing team of product managers, fostering clear ownership, strong product judgment and accountability for execution.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive