Asset & Wealth Management, Marcus US Deposits Business Controls & Risk Management, Associate - Richardson

The Goldman Sachs Group, Inc. is a leading global financial services firm providing investment banking, Global Markets and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. The firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Bangalore, Hong Kong and other major financial centers around the world.AWM DescriptionBringing together traditional and alternative investments, we provide clients around the world with a dedicated partnership and focus on long-term performance. As the firm’s primary investment area, we provide investment and advisory services for some of the world’s leading pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors and individuals, for which we oversee more than $2 trillion in assets under supervision. Working in a culture that values integrity and transparency, you will be part of a diverse team that is passionate about our craft, our clients, and building sustainable success. We are:Investors, spanning traditional and alternative markets offering products and servicesAdvisors, understanding our clients’ priorities and poised to help provide investment advice and strategies that make sense for their portfoliosThought Leaders, providing timely insights across macro and secular themes to help inform our clients’ investment decisionsInnovators, using our suite of digital solutions to help our clients address complex challenges and meet their financial goalsYOUR IMPACTWe are looking for an Associate to serve as a member of the Marcus US Deposits Business Controls and Risk Management function in Richardson (Texas). The role will execute key control deliverables related to issues management, risk reporting and control assessments, to ensure regulatory compliance, protecting client assets, and managing risk.OUR IMPACTWithin Asset & Wealth Management, we seek to provide innovative investment solutions to help our clients meet their financial goals. We work with specialists and groups from around the firm to help individuals and institutions across various industries navigate changing markets and to provide them with a diverse offering of product solutions. As part of AWM, Marcus US Deposits is the Consumer deposits business, offering savings accounts and certificates of deposits to our customers to manage their financial goals. Our growth is driven by a relentless focus on our people, our clients, and leading-edge technology, data and design. We value self-starters with an entrepreneurial spirit, providing the support and resources to ensure your success.Marcus US Deposits Business Controls is a first-line risk and controls management function which ensures process and controls design, controls assessment, issues management, controls monitoring and testing, risk reporting and governance.Our primary objective is to elevate our controls environment to enable growth and scalability of the business in a well-managed way. It is a critical function to mitigate risk within Marcus US Deposits and Goldman Sachs as a whole. The Risk Governance team, specifically, is a fundamental function to manage AWM’s Consumer Risk environment. As part of the broader AWM Consumer Risk team, the Risk Governance Associate role serves as part of the first line of defense to ensure strong risk mitigation governance and collaborative engagements with 2LOD & 3LOD. This role will focus on ensuring the health of the risk mitigation framework and proactively engaging with risk partners and business leaders to identify risks.HOW YOU WILL FULFILL YOUR POTENTIALROLE REQUIREMENTSProactively identify business risks, process deficiencies, and potential gaps/ weaknesses in risk management practices.Present outcomes of gap assessment and remediation to leadership.Pre-empt 2LOD/3LOD engagements by pro-actively reviewing process documentation (process maps, procedures, etc.) and working with stakeholders to identify existing controls, identify control gaps (automation, detective reporting, etc.) and ensure that risks are sufficiently mitigated.Actively participate in cross-functional working groups to reconcile engineering roadmaps and daily intake requests, ensuring all prioritized initiatives are seamlessly aligned with the PRC Change Management framework.Lead cross-functional 2LOD/3LOD engagement efforts across the business.Work closely with stakeholders to map change management activities to reporting requirements, preparing bi-weekly impact assessments and supporting ad-hoc audit deliverables.Head continuous change management improvements by compiling and delivering daily risk escalations, monthly performance reports, and organic growth metrics to executive audiences.Maintain effective communication with other teams to facilitate weekly executive approval meetings, resolve past-due tickets, and shepherd the implementation of corrective actions for non-compliance with policies and procedures to ensure timely resolution.Contribute to executive reporting and other data-driven deliverables, with a focus on providing appropriate content, context, and structure in a precise and timely manner.SKILLS & QUALIFICATIONS Bachelor's degree in Risk Management, Business, Finance, or a related field5+ years related work experience in an Operational Risk, Audit, Change Management role or transferable knowledge.Understanding of Consumer banking processes in a risk management context are requiredExposure to qualitative and quantitative controls across financial products.Strong analytical orientation, lateral thinking, organizational, influencing skills and attention to detail.Ability to perform data analytics using metrics to identify trends and themesExcellent communication skills to clearly articulate issues and ideas with different levels of stakeholdersInnovative, including a keen eye for identifying areas of unmitigated riskGood influencing skills to challenge the status quoSound time management skills to be able to effectively prioritize and multi-task.A mentor / coach to the juniors in the teamGood interpersonal and teamwork skills to develop strong stakeholder relationshipsThe ability to present with impact and build consensus across senior stakeholder groupsTrack record of delivering and enhancing measurable, impactful business outcomesProficiency in Jira and Microsoft tool suite including SharePoint, Excel, Word, and PowerPointPREFERRED QUALIFICATIONS3-5 years banking experience, specifically in operational risk, compliance, internal audit or corporate governanceExperience in Consumer Banking (Deposits), specifically in operational risk, change management, or complianceWorking knowledge of financial, operational, compliance, and reputation risksExperience working on AuditsABOUT GOLDMAN SACHSAt 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: The Goldman Sachs Group, Inc., 2023. All rights reserved.Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.Posting Date: 2026-07-01