Corporate Planning & Management-Monitor and Testing-Dallas-Associate

Corporate Planning & Management Division

The Corporate Planning & Management (CPM) Division unifies Finance & Planning, Spend Management, Operational Risk and Resilience, and CPM Engineering teams to deliver business planning and analytics, expense management, third party risk management, and governance strategies across the firm. CPM has five (5) operating pillars.

Finance & Planning supports the execution of the firm's strategic objectives through the management of the planning process, firmwide reporting and analytics and insights into the firm's business plans and budgets. They develop a consistent framework for revenue division projections creating transparency, accountability and efficiency around projections. This pillar also includes the CF&O, EO and Engineering divisional CFOs, who are strategic finance advisors helping the firm and the non-revenue divisions achieve commercial financial opportunities.

Product Finance is responsible for the overall governance and proactive management of the firm's non-compensation expenses.

Spend Management encompasses the functions responsible for managing all aspects of the firm's spend with third parties - advising commercial agreements and driving operating efficiency. Departments include Strategic Sourcing, Procure to Pay, Integrated Travel and Expense, Infrastructure and Transformation and Sustainable Operations.

Operational Risk & Resilience drives firmwide Operational Risk programs along with second line teams and implements required changes within CPM. The Corporate Insurance & Advisory team in this pillar identifies, procures, and manages corporate insurance needs for the firm and its investing businesses.

CPM Engineering team provides engineering solutions that enable the firm to manage third-party spend, data and automation, plan budgets, forecast financial scenarios, allocate expenses and support corporate decision making in-line with the firm's strategic objectives.

Role Overview

The role requires collaboration with all CPM Pillars and different functions such as Compliance, Risk across the firm on a regular basis, an ability to work independently, and ability to interact with senior professionals across the firm. The role will sit within CPM Divisional Risk Team.

The Monitoring & Testing function will implement an evaluation framework to continuously monitor the efficacy of our processes, systems, and controls, and ensure their performance and compliance through robust testing methods, positioning itself as a critical function in mitigating risk within Corporate Planning & Management and Goldman Sachs as a whole. This partnership with strategic efforts across the firm allows for close collaboration with the other all pillars across CPM, providing opportunities for experience and influence in other areas. CPM Monitoring & Testing team is looking for people with strong quantitative and technical backgrounds and a strong interest in Risk Management.

We seek bright and dynamic individuals with a quantitative orientation, basic financial acumen, and fluency with programming tangible experience in Monitoring & Testing and / or Control Testing.

Job responsibilities will include, but are not limited to :

• Develop an in-depth knowledge of the risk and control profile across Corporate Planning & Management
• Partner with the CPM Pillars to understand the residual risks that exist after issues are resolved and engage across the front to back to apply lessons learned to improve our risk and control framework
• Conduct comprehensive reviews and evaluations of processes, controls, and procedures to ensure adherence to regulatory requirements and firmwide policies and standards.
• Perform risk assessments and gap analysis to identify remediation requirements and areas of improvement and facilitate development of action plans to address any identified deficiencies and share best practices across teams and functions.
• Provide risk management consulting to support the business in designing and implementing risk mitigation strategies, business processes and business controls.
• Advise, challenge and inform the CPM Pillars on recommended ways to mitigate risk; review action items to ensure that risk is being sufficiently addressed
• Monitor moderately complex business specific programs and provide risk management consulting to support the business in designing and implementing risk mitigation strategies.
• Monitor, measure, evaluate, and report on the impact due to control deficiencies to relevant business group or functional area.
• Provide guidance to business groups on the development, implementation, and monitoring of business specific programs to identify, assess, and mitigate risk.
• Collaborate with the stakeholders across CPM Pillars to identify current and emerging risks associated with business activities and operations.
• Collaborate and consult with colleagues, management, and pillars regarding risk management.

Key Skills Required :

Qualifications :

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.