We invest in corporate equity and debt, real estate equity and debt, and infrastructure-related assets and companies. Merchant Banking operates on a global platform and our team works in a fast-paced, exciting environment. We look for individuals with versatile skills and a passion for investing.
The Merchant Banking Division has a small engineering team with an out-sized impact on the division’s internal information technology, investments in other firms, and acquisition of other firms.
Merchant Banking Division is looking for a mid-level VP to lead cybersecurity and technology risk embedded within the Merchant Banking Division (MBD) of Goldman Sachs. Goldman Sachs is critical infrastructure for the US and global financial system. We face the most sophisticated threats in the world, including organized crime and sovereign state attackers.
*We are open to both NYC and Dallas*
Your role will be fourfold: (1) ensure that MBD-developed or acquired software and systems are architected and implemented to be resilient and secure (2) manage the portfolio of risks and associated uplifts for MBD’s software and systems (3) participate in the portfolio risk management and business development processes of the division (4) create a lightweight and scalable program to assess and manage risk in current and potential portfolio companies and (5) help MBD assess whether or not to make particular investments in cybersecurity and technology companies.
The first two roles are to serve as the cybersecurity solutions architect and manager of risk (50% time).
In its technology stack, MBD faces two primary sources of risk: (a) the risk of insecurity of either MBD developed or vendor applications and (b) the security of the sensitive information that MBD must transfer for its business. In particular, MBD’s reliance on third-parties and advisers for due diligence, such as accountants and law firms, presents potential data leakage risk and associate reputational or regulatory impact.
To address these risk, the MBD Tech Risk VP would: identify tooling and controls to better protect the sensitive information MBD transfers inside and outside the firm; manage the cybersecurity risk of MBD apps, both internal and vendor. This would include managing vulnerabilities and implementing firmwide priorities, such as demising hardware or software that are no longer supported by a vendor; and shape the architecture, design, and implementation (code reviews) of new MBD applications to ensure that cybersecurity is built into the application.
The third role is to address cybersecurity risks in portfolio companies (~45% time).
A cybersecurity incident at a portfolio company in which the firm maintains a majority interest may result in both direct and indirect financial loss. A cybersecurity incident at a portfolio company may also cause immediate reputational harm to GS even where we do not maintain direct control over the company’s operations.
The MBD Tech Risk VP would build upon the work of existing consultants and advisers by: triaging the cybersecurity risk of portfolio companies based on their particular business, data, and regulatory environment; creating a program to assess the adequacy of portfolio companies’ existing controls; some assessments would be done by this individual, others by contractors; and overseeing uplifts to portfolio companies’ controls.
The fourth role is to advise MBD on Cybersecurity Investments (5% time)
A small part of this role would serve to provide subject-matter expertise on particular investment targets in the cybersecurity or broader technology fields.
This position is in New York (preferred) or Dallas and will report directly to the head of MBD Engineering, with a dotted line to the firm’s Global CISO. You will be a senior individual contributor. Success will be defined in part by managing the above risks without having to hire additional full-time employees.
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