Job Description

FINANCE | 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.

YOUR IMPACT

Do you have a deep subject matter expertise and a passion for risk management? We are looking for an Associate to serve as a member of the Monitoring & Testing team, a critical role within Corporate Treasury. By contributing to the development of a global segment strategy, as well as gaining invaluable exposure to senior leadership, this position contributes directly to the firm’s success in defining a standardized framework and robust organization to ensure regulatory compliance, protect client assets, and improve operational efficiency.

OUR IMPACT

Our team of critical thinkers partners with groups in all areas of the firm to perform financial analytics, reporting and data analytics. From day one, team members play a vital role in upholding the three principles of client focus, process innovation, and risk management.

The Monitoring and Testing Team is a group within Corporate Treasury Divisional Risk comprising of individuals with diverse backgrounds responsible for assessing the design and performance of the division’s key controls. 

The Monitoring & Testing function will implement an evaluation framework to continuously monitor the efficacy of our processes, systems, and controls, and ensure their performance and compliance through robust testing methods, positioning itself as a critical function in mitigating risk within Corporate Treasury. 

HOW YOU WILL FULFILL YOUR POTENTIAL

• Collaborate with the team to develop and implement a robust monitoring and testing framework for Corporate Treasury
• Assist in overseeing the overall monitoring and testing program, ensuring compliance with regulatory requirements and internal policies
• Define and document requirements, including identifying key risks and controls to be tested
• Execute monitoring and testing procedures, including the development and implementation of test plans, test scripts, and the evaluations and documentation of test results
• Identify gaps and weaknesses in existing processes and recommend improvements to enhance efficiency and effectiveness
• Liaise with internal stakeholders, such as compliance officers, risk managers and operations teams, to address identified issues and implement necessary corrective actions
• Collaborate with cross-functional teams to design and implement process improvements, leveraging technology where applicable to streamline monitoring and testing activities
• Stay up-to-date with industry trends, best practices, and regulatory changes related to monitoring and testing frameworks
• Provide training and guidance to team members on monitoring and testing methodologies, tools, and procedures
• Prepare and present reports to management summarizing monitoring and testing activities, findings, and recommendations for improvements

SKILLS & QUALIFICATIONS 

• 1-3 years of experience in the job offered or a related role
• Bachelor’s / undergraduate degree in Finance, Risk Management, Business Administration, or a related field is advantageous
• Detail-oriented and organized, with the ability to prioritize and manage highly complex change
• Preferred experience in a similar risk, compliance, or audit role with Treasury background
• Knowledge of monitoring and testing methodologies, including the ability to design and implement effective testing plans and evaluate test results
• Familiarity with risk management principles and frameworks such as RCSA, SOX
• Excellent analytical and problem-solving skills, with the ability to identify potential risks and control weakness in complex processes
• Exceptional communication and interpersonal skills, with the ability to collaborate effectively with stakeholders at all levels of the organization and drive consensus
• Proficient in using relevant software tools, such as Microsoft Office Suite and data analysis software

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