Global Banking & Markets Operations - Controls Monitoring & Testing - Associate - Dallas

At Goldman Sachs, we connect people, capital and ideas to help solve problems for our clients. We are a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. For us, it's all about bringing together people who are curious, collaborative and have the drive to make things possible for our clients and communities.

We make markets in and clear client transactions on major stock, options and futures exchanges worldwide. Through our global sales force, we maintain relationships with our clients, receiving orders and distributing investment research, trading ideas, market information and analysis.

Operations is a dynamic, multi-faceted organization that partners with all parts of the firm to provide banking, securities, and asset management services to clients around the world. In addition, Operations provides essential risk management and controls to preserve and enhance the firm's assets and its reputation. For every new product launched and every trade executed, it is Operations that develops and manages the processes and controls that enable business flow.

Do you have a deep subject matter expertise and a passion for risk & control management? We're looking for a professional to join our First line Risk Management team within Global Banking & Markets (GBM).

Controls Monitoring & Testing is a new function within the Strategy and Analytics group that focuses on evaluating and enhancing processes, systems, and controls through target testing and continuous improvement. As an Associate, you will be a part of this start-up journey and involved in independently assessing the division's overall control environment through a strong Monitoring & Testing framework. In doing so, you are supporting the provision of independent, objective and timely assurance around the firm's internal control structure.

Our core value is building strong relationships with our institutional clients, which include corporations, financial service providers, and fund managers. We help them buy and sell financial products on exchanges around the world, raise funding, and manage risk. This is a dynamic, entrepreneurial team that includes individuals who have a passion for the markets and who thrive in fast-paced, changing environments and are energized by a bustling trading floor.

• Develop an in-depth knowledge of the operational risk and control profile across Global Banking & Markets (GBM)
• Advise, challenge, and inform the businesses on recommended ways to mitigate risk; review action items to ensure that risk is being sufficiently addressed
• Set the tone from the top:
  Acts as a culture carrier by embedding & propagating a risk mind-set and awareness within the team, region & globally
• Identify ways to share risk best practice across teams and functions, and with other business lines where like processes exist/there is exposure to similar risk
• Partner with the business lines to understand the residual risks that exist after issues are resolved and engage across the front to back to apply lessons learned to improve our risk and control framework

• Identify continuous improvement mechanisms to strengthen the framework based on ever-evolving changes in process, regulations & platforms
• Partner with developers and low-code specialists to develop tooling to support test execution and the continuous monitoring of business processes.
• Work with our QA team to design tests for data quality, lineage and controls across a range of products, business lines and processes, including both manually and systematically created data. Develop methodologies to define test scripts, execute tests, including frequency, sampling, evidencing, and follow-up actions which integrate with the broader Divisional risk management framework and datasets
• Maintain strong relationships and connectivity with the broader control and data…