Corporate Treasury-Bank Controls & Monitoring - Salt Lake City-Vice President Salt Lake City · [...]
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Corporate Treasury-Bank Controls & Monitoring - Salt Lake City-Vice President

Location: Salt Lake City, Utah, United States

Opportunity Overview

CORPORATE TITLE: Vice President

OFFICE LOCATION(S): Salt Lake City

JOB FUNCTION: Funding & Capital Planning

DIVISION: Corporate Treasury

CORPORATE TREASURY

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.

Business Unit Overview

GS Bank USA is a NY state chartered bank accepting deposits, lending to individuals and corporate clients, transacting in derivatives, and investing in community development programs. GS Bank is a primarily ‘virtual' bank, serving clients around the world with no retail locations. As part of the Corporate Treasury Division, the Bank Controls and Monitoring Team works very closely with the Corporate Treasury division, various Global Banking and Markets teams, as well as Compliance, Legal, and Internal Audit to ensure the Bank is being properly monitored, regulated, and controlled, while also looking towards strategic ways to continue to grow the Bank.

Bank Controls & Monitoring Team

Bank Controls & Monitoring (BCM) is a high-value risk monitoring, reporting, and infrastructure strategy team within the Corporate Treasury Division. BCM is responsible for providing, maintaining, and monitoring an overall effective control environment in relation to various Bank and Federal regulations. BCM also works closely with Bank Leadership to define the appropriate support models for strategic bank initiatives and to define the strategies for identifying, developing, and controlling commercial opportunities.

Your Impact

You will actively engage in new and exciting commercial and control initiatives within Corporate Treasury relating to GS Bank. BCM is looking for professionals who will work with teams within the Corporate Treasury Division as well as partner with outside divisions to help ensure overall compliance with bank regulations, including but not limited to Reg W and Reg K, and also contribute to different strategic and commercial Bank initiatives.

Primary Responsibilities

• Oversight of daily Reg W, Reg O, and Reg K monitoring
• Exception management and resolution of GS Bank exposures/covered transactions
• Prepare/review senior management reports, including Bank Board and Bank Management Committee
• Provide oversight of control improvement, scalability, and efficiency initiatives for daily process management
• Leverage problem-solving capabilities for evaluating complex transactions impacting Bank regulations
• Provide project management leadership and support for new product development and Technology builds/enhancements
• Monitor, understand, and oversee the workflows, processes, and regulations impacting Bank activity
• Extensive ad hoc analysis for Bank transactions and impact on various Bank regulations (Reg W Section 23A)
• Liaise with multiple groups across the firm including Bank Regulatory and Deposits Legal, Compliance, Engineering, Controllers, Asset and Wealth Management, and Global Banking and Markets

Required Skills and Experience

• Proven analytical skills, problem-solving ability, and a control and risk mentality paired with meticulous attention to detail
• Aptitude for building relationships and ability to communicate complex issues to senior stakeholders
• Self-motivated and proactive team player, who takes ownership and accountability of projects, has strong organizational skills as well as the ability to effectively manage competing priorities
• Flexible and able to work well under pressure in a team environment

Preferred Skills and Experience

• Background in financial services control-side ‘line-roles', e.g. Compliance, Finance, Operations
• Experience working with Securities and/or Derivative instruments, and the regulations governing them
• Experience project managing technical process change programs
• Experience with Excel, Tableau, and Alteryx