The Goldman Sachs Group, Inc

Corporate Treasury, Risk & Governance, Associate

The Goldman Sachs Group, Inc$90K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3+ years relevant experience in risk management or financial operations
  • Strong analytical skills to understand complex workflows
  • Excellent communication skills with varied stakeholders
  • Proficient in data analysis using Excel, Alteryx, and SharePoint
  • Demonstrated capacity for innovative problem-solving and process improvement
  • Sound time management and organizational skills
  • Ability to effectively manage operational risks and enhance controls.

Responsibilities

  • Proactively manage and assess risks across business units
  • Challenge existing risk and control frameworks for improvements
  • Collaborate with business units to evaluate residual risks
  • Identify key risk metrics and drive discussions in risk meetings
  • Ensure Risk & Control Self-Assessments reflect current risk environments
  • Share best practices and initiatives with global risk management teams

Benefits

  • Collaborative work environment with a focus on innovation
  • Exposure to a wide range of financial analytics and operations
  • Opportunity to engage with various teams across global offices
  • Role in shaping risk management practices within the firm
  • Chance to contribute to critical operations design and implementation
Full Job Description
Job Description

We're a team of specialists charged with managing the firm's funding, liquidity, capital and relationships with creditors and regulators. Corporate Treasury manages the firm's financial resources and minimizes interest expense through liability planning, asset liability management, and liquidity portfolio yield enhancement. The division is ideal for collaborative individuals who have strong quantitative analysis skills and risk management capabilities since Treasury actively manages the firm's financial resources which are constantly changing due to business activity, markets, risk appetite, regulations and other factors.

YOUR IMPACT

Do you have a deep subject matter expertise and a passion for risk management? We're looking for a professional to join Corporate Treasury Divisional Risk & Governance team specifically focused on the risk within the Corporate Treasury area, who can proactively hunt for and monitor risk across the business units they support.

OUR IMPACT

Our team of critical thinkers partners with groups in all areas of the firm to perform financial analytics and reporting and data analytics and engineering. Our division also provides critical operations design and handles capital markets operations to ensure business flows smoothly across our global offices. From day one, team members play a vital role in upholding the three Operations principles of client focus, process innovation, and risk management.

The Divisional Risk & Governance team employs components of the Enterprise Risk Management Framework to continuously measure and assess levels of risk for existing/new processes within the Business Unit. In addition to being affiliated with specific product and/or functional areas, the team is bound together with 2nd & 3rd Line of defense in order to improve consistency of risk measure and assessment practices across the front to back businesses.

RESPONSIBILITIES AND QUALIFICATIONS

JOB SUMMARY AND RESPONSIBILITIES
  • Be proactive risk managers such as probing when incidents occur and assessing the risks the teams are running by truly embedding in the businesses. Conduct risk reviews on areas with particular concern and make recommendations/suggestions to socialize and close and risk and control gaps.
  • Challenge the status quo - challenge the risk and control framework to further enhance the control environment
  • Partner with the business units to understand the residual risks that exist after issues are identified and resolved. Engaging with Technology and cross asset teams to achieve this.
  • Risk Analysis - work with the team and other regional/functional Operations groups to identify key risk metrics (e.g. via KRI's) and highlighting areas of concerns, working with line managers on remediation efforts. Driving the agenda and conversations in risk meetings.
  • Risk & Control Self-Assessment (RCSA) - work with line managers in ensuring the RCSA risk and control templates reflect the current risk environment and also vet through RCSA issues raised to ensure proper remediation is in place
  • Work closely with other risk managers in other locations to share key initiatives and best practices; better integrate with the wider global Global Markets Risk Management teams

PREFFERED EXPERIENCE & SKILLS

This role requires an energetic self-starter that can liaise with various Operations and other Federation teams both regionally and globally. Solid experience and prudent knowledge in the Firm's operational processing and control requirements are required together with strong interpersonal and analytical skills for this role.
  • 3+ years of relevant experience
  • Excellent communication skills to clearly articulate issues and ideas with different levels across Operations and Federation stakeholders.
  • Strong control mindset with a passion for risk management
  • Strong analytical skills with an ability to understand complex workflows, and excellent attention to details.
  • Should have the ability to perform data analytics using metrics to identify trends and themes
  • Demonstrates strong technical skills required for the role, pays attention to detail, takes initiative to broaden his/her knowledge and demonstrates appropriate financial/analytical skills. Should have knowledge of excel, Alteryx and SharePoint and the ability to take data driven decisions using metrics
  • Sound time management skills to be able to effectively prioritize and multi-task
  • 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
  • Proven track record of improving processes and demonstrating successful teamwork
  • Proven ability to effectively manage operational risks and to develop control enhancements
  • Good interpersonal skills to build strong relationship with key stakeholders within and outside of Operations
  • Good influencing skills to work with the Operations team in challenging the status quo and continuously enhancing the control environment
  • Innovative and flexible in coming up with suggestions and ideas. Looks for new ways to improve current processes and develop creative solutions that are grounded in reality and have practical value
  • Strong project management skills.
  • Inquisitive and able to learn quickly
  • Keeps current with emerging business, economic and market trends

PREFERRED QUALIFICATIONS
  • Solid knowledge & experience in the Financial Industry.
  • Practical experience working in Operations.

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.

SEARCH GOLDMAN SACHS JOBS

READ CAREERS BLOG

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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