Job Description

OUR IMPACT

Platform Solutions, Goldman Sachs delivers a broad range of financial services across investment banking, securities, investment management and consumer banking to a large and diversified client base that includes corporations, financial institutions, governments, and individuals. Clients embed innovative financial products and solutions that create customer-centered experiences, powered by Goldman Sachs. The businesses of Platform Solutions share a developer-centric mindset and cloud-native platforms. We utilize financial products, including credit cards, installment financing and high yield savings accounts into the ecosystems of major brands to serve millions of loyal customers. We make it easy to offer a range of financial products powered by an API-first platform with the backing of Goldman Sachs' 150+ years of financial expertise. We offer a customized deployment approach while providing a modern, agile technology stack all supported by our long history of financial expertise, risk management and regulatory knowledge.

In Platform Solutions (PS), we power clients with innovative and customer-centered financial products. We bring the best qualities of a technology player and combine that with the best attributes of a large bank. PS is comprised of four main businesses, underpinned by engineering, operations and risk management:

• Transaction Banking, a cash management and payments platform for clients building a corporate treasury system
• Enterprise Partnerships, consumer financial products that companies embed directly within their ecosystems to better serve their end customers
• ETF Accelerator, a platform for clients to launch, list and manage exchange-traded funds

Join us on our journey to deliver financial products and platforms that prioritize the customer and developer experience. 

Your Impact

This position will play a key role on the First Line Risk and Control team, supporting Consumer Monitoring & Testing and driving the implementation of horizontal Consumer risk programs. This individual will be responsible for executing risk-based testing, liasing with product, operations, compliance, and legal teams to ensure regulatory adherence. The role will also provide the opportunity to drive development and enhancement of risk and control programs

• Execute testing and monitoring of regulatory, policy and process compliance
• Gather and synthesize data to determine root causes and trends related to testing failures
• Propose effective and efficient methods to enhance testing and sampling strategies (including automation) to ensure the most effective risk detection, analyses and control solutions
• Proactively identify potential business risks, process deficiencies and improvement opportunities and make recommendations for additional controls and corrective action to enhance the efficiency and effectiveness of risk mitigation processes
• Maintain effective communication with stakeholders and support teams in remediation of testing errors; assist with implementation of corrective actions related to testing fails and non-compliance with policies and procedures
• Identify continuous improvement opportunities to meet changing requirements, driving maximum visibility to the executive audience
• Work closely with enterprise risk teams to ensure business line risks are being shared and rolled up to firm-wide risk summaries

Your Skills

• 2-4 years of testing, audit, or compliance experience in consumer financial services
• Bachelor’s degree or equivalent military experience
• Knowledge of applicable U.S. federal and state consumer lending laws and regulations as well as industry association standards, including, among others, Truth in Lending Act (Reg Z), Equal Credit Opportunity Act (Reg B), Fair Credit Reporting Act (Reg V), UDAAP
• Understanding of test automation framework like data driven, hybrid driven etc 
• Knowledge of testing concepts, methodologies, and technologies 
• Genuine excitement and passion for leading root cause analysis, troubleshooting technical process failures and implementing fixes to operationalize a process 
• Analytical, critical thinking and problem solving skills
• Highly motivated self-starter with strong organizational skills, attention to detail, and the ability to remain organized in a fast-paced environment
• Interpersonal, and relationship management skills
• Integrity, ethical standards, and sound judgment; ability to exercise discretion with respect to sensitive information
• Ability to summarize observations and present in a clear, concise manner to peers, managers and senior Consumer Compliance management
• Quickly grasp complex concepts, including global business and regulatory matters 
• Confidence in expressing a point of view with management

• Plus: CPA, Audit experience, CRCM, proficiency in Aquadata studio, Snowflake, Splunk, Excel macros,Tableau, Hadoop/PySpark/Spark/Python/R, CPA, Audit experience, CRCM

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: https://www.goldmansachs.com/careers/footer/disability-statement.html

© 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 Identity