Platform Solutions- Consumer Platforms-Business Risk, Associate, Richardson

Job Description

In Platform Solutions (PS), we power clients with innovative and customer-centered 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, 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.

Our Impact

We are seeking a risk professional to support our Consumer Business Risk team. The team is responsible for first-line risk management across the Consumer businesses, including supporting new product and feature development, conducting risk assessments, identifying and managing issues, facilitating risk measurement and reporting, and preparing responses for regulators.

The successful candidate will:

• Work with business functions and cross-divisional stakeholders (e.g., technology, operational, and vendor risk) to identify risk-focused requirements associated with product build and evolution

• Drive implementation of issues management and risk event management frameworks for existing and emerging businesses

• Propose and manage analytical risk reporting to drive business uplift

• Identify and assess business risks and required controls, both periodically and in response to new products/features and business environment changes

• Review and provide recommendations regarding business processes associated with emerging or otherwise significant risks

• Work across the consumer businesses to facilitate consistency in risk management approach

• Facilitate issue identification and provide effective challenge to business with respect to resolution

• Coordinate and contribute to business exam requests, including document collection and written responses

Requirements:

• Experience with retail consumer banking products (i.e. credit cards, consumer loans, deposit/checking products) bank including knowledge of business and compliance risk management and applicable regulatory requirements

• Bachelor's degree or equivalent military experience

• 4+ years work experience in, or working with, first or second line risk management teams including Business Risk, Operational Risk, Legal, Compliance or Financial Crimes Compliance

• Ability to drive a culture of risk management and compliance, while delivering a world class customer experience

• Ability to communicate effectively with senior management, key stakeholders and counterparts

• Self-starter with strong organizational skills and the ability to drive multiple projects concurrently

• Proven ability to apply strategic thinking to complex organizational and business issues

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

© The Goldman Sachs Group, Inc., 2021. All rights reserved.

Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity