CWM - Personal Financial Management - Regional Risk Management Associate – Dallas, TX

Location(s) US-TX-Dallas
Job ID
2021-70112
Schedule Type
Full Time
Level
Associate
Function(s)
Investment Banking
Region
Americas
Division
Consumer and Wealth Management
Business Unit
United Capital
Employment Type
Employee

MORE ABOUT THIS JOB

Consumer and Wealth Management (CWM)

Across Consumer and Wealth Management (CWM), Goldman Sachs helps empower clients and customers around the world reach their financial goals. Our advisor-led wealth management businesses provide financial planning, investment management, banking and comprehensive advice to a wide range of clients, including ultra-high net worth and high net worth individuals, as well as family offices, foundations and endowments, and corporations and their employees. Our consumer business provides digital solutions for consumers to better spend, borrow, invest, and save. Across CWM, our growth is driven by a relentless focus on our people, our clients and leading-edge technology, data and design.

 

PFM

Goldman Sachs Personal Financial Management (GS PFM) specializes in creating personalized wealth management plans for affluent individuals and families. We give clients clarity, confidence and control over their financial decisions. Our dedicated team of advisors across approximately 100 offices throughout the U.S., develops and implements personalized plans tailored to each client's values and life goals. Our advisors offer an investment platform inclusive of products and services offered by Goldman Sachs and other third parties, including private banking and lending offerings. We consider the relationships with our clients a lifelong partnership, a partnership backed by over 150 years of Goldman Sachs providing consistency, perspective and access as our clients’ needs evolve.

RESPONSIBILITIES AND QUALIFICATIONS

PFM REGIONAL RISK TEAM OVERVIEW

 

The Regional Risk Team aims to effectively identify, monitor, evaluate, and manage GS PFM’s financial and non-financial risks in support of the firm’s guidelines and strategic plan. The Regional Risk Management team is responsible for identifying and managing risks across GS PFM and ensuring that those risks are managed systemically. To fulfill these objectives, Regional Risk Managements interfaces with a wide array of leaders, businesses and risk management groups across the firm. The cross-disciplinary nature of the projects that the team engages in makes for a rewarding and multifaceted work environment.

RESPONSIBILITIES AND QUALIFICATIONS

 

Primary functions of Regional Risk Team: 

  • Risk Identification: categorize all position level risk of GS PFM; identify any new and emerging risks; curate and prioritize a list of top risks faced GS PFM and keep senior leadership of the division and the firm informed of GS PFM’s overall risk profile
  • Risk Management: manage and coordinate GS PFM risks across different risk levels; assess and manage risks at the household and account level and overall for GS PFM
  • Stakeholder Communication: clearly articulate areas of focus requiring action by compliance, supervision and other key stakeholders

 

Key responsibilities:

  • Interact with stakeholders within GS PFM and across other Divisions to help enhance and drive consistency across the firm’s risk management processes
  • Engage with representatives from across the Firm to identify and appropriately categorize and prioritize financial and non-financial risks
  • Contribute to the design and implementation of scenarios for surveillance
  • Help to drive and create presentations or other reporting for senior risk committees focused on key risks, internal/external event reviews and/or new initiatives
  • Assist in coordinating and driving agenda setting for select risk committees at the firm
  • Assist with the end to end management and reporting of security incidents, operational incidents and trade errors
  • Conduct surveillance of GS PFM’s assets and transactions for heightened risk considerations

 

Qualifications:

  • Bachelor's degree
  • 2-3 years of work experience in financial services
  • Interest in financial markets, investments and risk management, motivated by learning and continuous improvement
  • Ability to work independently, form own judgment/opinions, provide insights and drive change
  • Proactive with strong analytical, interpersonal and communication skills and ability to build relationships remotely
  • High attention to detail and accuracy
  • Ability to comfortably and effectively interact with internal risk experts, business units and various stakeholders outside of Risk, including senior management
  • Strong organizational skills and the ability to manage multiple assignments concurrently
  • Self-motivated with the ability to succeed with
  • Advanced skills in Excel, PowerPoint and Word

ABOUT GOLDMAN SACHS

CONSUMER AND INVESTMENT MANAGEMENT DIVISION (CIMD)

The Consumer and Investment Management Division includes Goldman Sachs Asset Management (GSAM), Private Wealth Management (PWM) and our Consumer business (Marcus by Goldman Sachs). We provide asset management, wealth management and banking expertise to consumers and institutions around the world. CIMD partners with various teams across the firm to help individuals and institutions navigate changing markets and take control of their financial lives.

 

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