• Services, Spend Management, Third Party Governance, Analyst/Associate- Dallas

    Location(s) US-TX-Dallas
    Job ID
    2020-59528
    Schedule Type
    Full Time
    Level
    Associate
    Function(s)
    General
    Region
    Americas
    Division
    Services
    Business Unit
    Supply Chain
    Employment Type
    Employee
  • MORE ABOUT THIS JOB

    SERVICES

    Consisting of Corporate Services and Real Estate (CSRE) and the Office of Global Security (OGS), our teams drive productivity and enable the firm’s flow of business while ensuring its safety and security. CSRE acquires, develops and manages the firm’s global real estate portfolio and delivers innovative market development, document management and hospitality related services to internal partners in the firm.  CSRE’s vision is to provide the world’s best workplace to the people of Goldman Sachs.  OGS’s mission is to protect the firm's people, assets, and reputation and in doing so provides people protection, physical security, fire safety and crisis management.  We look for achievement-oriented, creative individuals who perform at their best in a diverse team environment and are motivated by tangible results.

    RESPONSIBILITIES AND QUALIFICATIONS

    BUSINESS UNIT AND ROLE OVERVIEW

    The objective of the BUSINESS FINANCE AND SPEND MANAGEMENT groups to:

    1. Deliver a competitive advantage through supply chain by:
    • Leveraging firm's total spend to drive commercial benefits
    • Delivering resilient high performing and globally compliant operations
    • Innovating to enhance and improve the firm's product offering
    • Increasing vendor diversity and adherence to the firm's vendor code of conduct
    1. Focus on those third parties delivering the most material outsourced services
    2. Deliver world class Third Party Risk and Source to Pay (S2P) Technology Process

    The Third Party Risk Management (TPRM) team sits within the Spend Management and Supply Chain organization. The team's key mission is to proactively identify, manage, monitor and report key TPRM risks in order to enable and challenge risk based decision making in support of the firm's 'One Goldman Sachs' forward strategy.

     

    Reporting to the global Head of the TPRM third party operational resilience assurance team, this Associate/Analyst level professional will have responsibility for the delivery of TPRM's third party operational resilience assurance capability globally.

     

    RESPONSIBILITIES

    • Being part of the new TPRM third party operational resilience assurance team
    • Implement TPRM operational resilience assurance program for firm critical outsourced activities (and relevant sub-contractors)
    • Act as liaison with firmwide vendor technology and business resilience leadership teams to ensure integrated approach between Vendor Technology Risk (i.e. cyber/info sec), Business Continuity Planning and firm critical third party operational resilience programs
    • TPRM operational resilience assurance liaison for program Risk Partner Framework (e.g. Technology Risk, firmwide BCP)
    • TPRM operational resilience assurance liaison with second line of defense Operational Risk Management and Analysis (ORMA) risk specialist team
      • Co-ordination of TPRM operational resilience assurance program related inquiries from Regulators, Business Units or key stakeholders globally
      • Help co-ordinate TPRM operational resilience assurance content for internal senior forums and business engagement meetings (e.g. Committees, Governance Groups)
      • Support maintenance of TPRM policies, procedures and standards consistent with regulatory guidance (including acting as a Regulatory Update Monitoring System (RUMS) monitor)
      • Provide input into TPRM data strategy
      • Involvement in industry engagement

    SKILLS & EXPERIENCE WE'RE LOOKING FOR

     

      • Bachelor's degree in a related field (Economics, Law, Supply Chain Management, Business etc.)
      • Experience in risk management, third party risk management, or global risk program delivery
      • Experience in working with technology teams on quality assurance testing and/or business continuity testing
      • Strong foundation of third party risks (i.e. vendor, inter-affiliate outsourcing and contingent worker activities)
      • Possess a strong risk and control mindset
      • Highly organized; attention to detail (especially data quality) and excellent follow-through required
      • Knowledge and experience of working with key global regulators
      • Experience with running / contributing to risk management programs within the financial industry or other blue chip organizations
      • Global stakeholder engagement, including ability to coordinate and interact effectively with global colleagues
      • Analytical thinker, able to quickly assess situations, multi-task, prioritize and make observations and linked recommendations
      • Outstanding interpersonal and communication skills (both written and verbal)
      • Confident candidate who is an enthusiastic team player
      • Ability to adapt to a dynamic and changing organization
      • MS Office knowledge (Word, Excel, Power Point, Access)

    COMPETENCIES

      • Functional Expertise - Keeps up-to-date with emerging business, economic, market trends and risk factors
      • Technical Skills - Demonstrates strong technical skills required for the role, attention to detail, takes initiative to broaden his/her knowledge and demonstrates appropriate analytical and risk management skills
      • Driving Outcomes - Presents sound, persuasive rationale for ideas or opinions. Takes a position on issues and influences others' opinions with persuasive recommendations.  Able to independently challenge TPRM program stakeholders using data to drive business outcomes
      • Drive and Motivation - Successfully handles multiple tasks, takes initiative to improve his/her own performance, works intensely towards extremely challenging goals, and persists in the face of obstacles or setbacks in order to drive execution
      • Client and Business Focus - Effectively handles difficult requests, builds trusting and long-term relationships with clients, helps clients to identify/define needs, and manages client/business expectations
      • Teamwork - Acts as a strong team player, collaborates with others within and across global teams, encourages other team members to participate and contribute, and acknowledges others' contributions
      • Communication Skills - Communicates what is relevant and important in a clear and concise manner and shares information/new ideas with others.  Able to clearly articulate observations and linked recommendations
      • Judgement and Problem Solving - Thinks ahead, anticipates questions, plans for contingencies, finds alternative solutions and identifies clear objectives. Sees the big picture and effectively analyses complex issues
      • Creativity/Innovation - Drives process improvements and develops executable creative solutions

    ABOUT GOLDMAN SACHS

    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., 2020. All rights reserved.
    Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity