CORPORATE TREASURY, REG W BANK CONTROLS & MONITORING, VICE PRESIDENT
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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 OverviewGS 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 TeamBank 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 to bank regulations, including but not limited to Reg W and Reg K, and also contribute to different strategic and commercial Bank initiatives.Primary ResponsibilitiesOversight of daily Reg W, Reg O and Reg K monitoringException management and resolution of GS Bank exposures/covered transactionsPrepare / review senior management reports, including Bank Board and Bank Management CommitteeProvide oversight of control improvement, scalability, and efficiency initiatives for daily process management Leverage problem solving capabilities for evaluating complex transactions impacting Bank regulationsProvide project management leadership and support for new product development and Technology builds/enhancementsMonitor, understand and oversee the workflows, processes and regulations impacting Bank activityExtensive 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 MarketsRequired Skills and Experience Bachelor s degreeProven 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 stakeholdersSelf-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 ExperienceBackground in financial services control-side line-roles , e.g. Compliance, Finance, Operations Experience working with Securities and / or Derivative instruments, and the regulations governing themExperience project managing technical process change programsExperience with Excel, Tableau and Alteryx 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. 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 employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender IdentitySalary RangeThe expected base salary for this New York, New York, United States-based position is $130000-$260000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.BenefitsGoldman 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.Posting Date: 2024-01-24