The Goldman Sachs Group, Inc

Controllers, Derivatives External Reporting Controller, Vice President, Jersey City

The Goldman Sachs Group, Inc$100K — $250K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Undergraduate degree in Accounting and/or Finance
  • 10+ years of experience in accounting at a large banking organization
  • Strong analytical and interpersonal skills, proficient in Microsoft applications
  • Excellent communication and organizational abilities
  • Team-oriented with strong independence capabilities
  • High energy and urgency focus
  • Capacity to manage multiple tasks under deadlines
  • Knowledgeable in US GAAP accounting and SEC reporting standards
  • Experience in SEC/Federal Reserve regulatory reporting is a plus

Responsibilities

  • Manage the full cycle of external reporting for derivatives-related regulatory filings
  • Evaluate the impact of changes in external reporting and new technology adoption
  • Guide and oversee controls and analytics within reporting processes
  • Lead strategic transformation of workflows to enhance efficiency
  • Collaborate with stakeholders on business initiatives and product requests
  • Drive implementation of new processes and improvements in control frameworks
  • Liaise with regulators regarding quarterly results and reporting guidance

Benefits

  • Comprehensive benefits and wellness offerings
  • Support for both full-time and part-time employees
  • Resources for enhancing employee experience
  • Eligibility for a discretionary bonus based on fiscal year-end performance
Full Job Description
Job Description

Controllers Overview

The mission of Controllers is to ensure that the firm meets the financial control and reporting obligations of a global, regulated, and public financial institution. Controllers provides the critical analysis required while ensuring the internal and external financial information of the firm is accurate. Additionally, Controllers serves an important role in safeguarding the assets of the firm through the independent scrutiny of financial information. Controllers engages regularly with the firm's regulators and auditors and through its strong culture of control and challenge helps to protect the firm from reputational and other risks.

Job Summary

As Derivatives Product Line Controller within Goldman Sachs, you will specialize in derivatives products and oversee the entire process of report production for external filings. Your responsibilities will encompass managing data from various sources to its final use for reporting while ensuring stringent controls and reviews are in place and properly executed.

The opportunity is within the Regulatory Reporting Controllers Derivatives Reporting team.

Job Responsibilities:
  • Manage end-to-end accountability of external reporting derivatives related regulatory and US GAAP disclosure preparation, including SEC 10Q/K, FR Y-9C, Bank Call Report, FR Y-15, FR 2510, etc.
  • Assess impact of changes to external reporting, including adoption of new technology
  • Provide guidance and oversight of controls and analytics
  • Lead strategic transformation of workflows
  • Partner with stakeholders across the firm on strategic business initiatives, new product requests, and automation/workflow enhancements
  • Drive new process implementation, control framework enhancements, and new disclosure requirements
  • Liaise with Goldman's regulators on quarterly results, new guidance, changes to reporting and interpretive matters

Required qualifications capabilities and skills:
  • Undergraduate degree in Accounting and/or Finance
  • 10+ years of working experience in accounting at a large banking organization
  • Strong analytical / interpersonal skills and a high proficiency with Microsoft software applications
  • Must possess strong written/verbal communication and organizational skills
  • Teamwork and collaboration-oriented, with the ability to work independently
  • Must demonstrate considerable energy, focus, drive, and a sense of urgency
  • Ability to manage multiple tasks, operate within deadlines, and escalate when appropriate
  • Well-versed in US GAAP accounting and SEC reporting standards
  • SEC / Federal Reserve regulatory reporting experience a plus

Salary Range
The expected base salary for this Jersey City, United States based position is $100000-$250000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.

Benefits
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.

About The Goldman Sachs Group, Inc

The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services, as well as financial services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. Its Investment Banking segment offers financial advisory services, including advisory assignments concerning mergers and acquisitions, divestitures, corporate defense, risk management, and restructurings and spin-offs; and underwriting services comprising public offerings and private placements of a range of securities, loans, and other financial instruments, and derivative transactions. The company’s Institutional Client Services segment provides client execution services, such as fixed income, currency, and commodities client execution related to making markets in interest rate products, credit products, mortgages, currencies, and commodities; and equities related to making markets in equity products, as well as executes and clears institutional client transactions on stock, options, and futures exchanges. This segment also engages in the securities services business providing financing, securities lending, and other brokerage services to institutional clients, including hedge funds, mutual funds, pension funds, and foundations. Its Investing and Lending segment originates longer-term loans; and invests in debt securities, loans, public and private equity securities, real estate, consolidated investment entities, distressed assets, currencies, commodities, and power generation facilities. The company’s investment management segment provides investment products and services, as well as offers wealth advisory services, including portfolio management and financial counseling, and brokerage and other transaction services.

The Goldman Sachs Group, Inc. Careers

Join the prestigious team at The Goldman Sachs Group, Inc., a global leader in finance and investments, and propel your career to new heights. Our firm is renowned for its commitment to excellence, innovation, and leadership in the financial sector.

Work You’ll Do

At Goldman Sachs, you will be part of a dynamic environment that fosters growth, diversity, and professional development. Engage in transformative projects that redefine the landscape of global finance, driven by a culture of high performance and continuous improvement.

Lead with Innovation and Leadership

Step into a role where your skills will be honed and your leadership capabilities enhanced. The Goldman Sachs Group, Inc. is at the forefront of merging financial expertise with technological innovation, creating a platform for you to lead impactful initiatives.

Join Our Diverse and Inclusive Team

Diversity and inclusion are at the core of our company culture. With employees from various backgrounds, Goldman Sachs thrives on the rich ideas and perspectives that this diversity brings. Here, every team member’s contribution is valued, and every voice is heard.

Explore Job Opportunities and Internships

Whether you’re seeking full-time employment or looking into internship opportunities, Goldman Sachs offers a range of positions that cater to different skills, experiences, and career aspirations. From analyst to executive positions, discover how you can contribute to our legacy of success.

Networking and Professional Growth

Goldman Sachs is not just a workplace. It is a community where you can build lasting relationships with colleagues and industry leaders. Our networking events, mentorship programs, and professional groups foster connections that can accelerate your career trajectory.

Benefits and Career Development

Invest in your future with Goldman Sachs’ unparalleled employee benefits and career development programs. From comprehensive health benefits to personalized career coaching and leadership training, we ensure that our team is equipped for success, both professionally and personally.

Prepare for Your Future

Ready to take the next step? Prepare your resume, sharpen your interview skills, and explore the vast array of job opportunities at The Goldman Sachs Group, Inc. Our hiring process is designed to identify and nurture talent, helping you to achieve your career goals.

Stay Connected

Keep up to date with the latest from Goldman Sachs Careers by subscribing to our job alert emails. Tailor your preferences to receive updates that match your career interests and stay ahead in the competitive financial sector.

Join The Goldman Sachs Group, Inc.

Embark on a rewarding journey with The Goldman Sachs Group, Inc. where your potential is limitless. Explore positions, read about our company culture, and apply today to become part of a team that values growth, leadership, and innovation.

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At The Goldman Sachs Group, Inc., your career is just the beginning – it’s an opportunity to excel and lead in the global financial industry. Join us and make your mark!
Learn more about The Goldman Sachs Group, Inc
Size
45,100 employees
Market Cap
$115.8 billion
Industry
Net Income
$9.4 billion
Founded
1869
5 Year Trend
+11.3%
Revenue
$53.4 billion
NASDAQ

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