AWM, Marcus, Business Controls, Associate, Dallas (Richardson)/ SLC (Draper)

Wealth Management

Across Wealth Management, Goldman Sachs helps empower clients and customers around the world to reach their financial goals. Our advisor-led wealth management businesses provide financial planning, investment management, banking and comprehensive advice to a wide range of clients, including ultra-high net worth and high net worth individuals, as well as family offices, foundations and endowments, and corporations and their employees. Our consumer business provides digital solutions for customers to better spend, borrow, invest, and save. Across Wealth Management, our growth is driven by a relentless focus on our people, our clients and customers, and leading-edge technology, data and design.

Marcus by Goldman Sachs

The firm’s direct-to-consumer business, Marcus by Goldman Sachs, combines the entrepreneurial spirit of a start-up with more than 150 years of experience. Today, we serve millions of customers across multiple products, leveraging innovative design, data, engineering and other core capabilities to provide customers with powerful tools and products that are grounded in value, transparency and simplicity.

YOUR IMPACT

We are looking for an Analyst to serve as a member of the Marcus US Deposits Business Controls function in Richardson (Texas) or Draper (Utah). The role will execute key control deliverables related to issues management, risk reporting and control assessments, to ensure regulatory compliance, protecting client assets, and managing risk.

OUR IMPACT

Within Asset & Wealth Management, we seek to provide innovative investment solutions to help our clients meet their financial goals. We work with specialists and groups from around the firm to help individuals and institutions across various industries navigate changing markets and to provide them with a diverse offering of product solutions. 

As part of AWM, Marcus US Deposits is the Consumer deposits business, offering savings accounts and certificates of deposits to our customers to manage their financial goals. Our growth is driven by a relentless focus on our people, our clients, and leading-edge technology, data and design. We value self-starters with an entrepreneurial spirit, providing the support and resources to ensure your success.

Marcus US Deposits Business Controls is a first-line risk and controls management function which ensures process and controls design, controls assessment, issues management, controls monitoring and testing, risk reporting and governance.

Our primary objective is to elevate our controls environment to enable growth and scalability of the business in a well-managed way. It is a critical function to mitigate risk within Marcus US Deposits and Goldman Sachs as a whole. This function collaborates strongly with other functions in Business Controls to ensure proactive risk assessment, control design and enhancement. We are looking for people with strong analytical and quantitative backgrounds and a strong interest in financial services. We seek bright and dynamic individuals with a quantitative orientation, basic financial acumen, and fluency with risk and controls.

HOW YOU WILL FULFILL YOUR POTENTIAL

ROLE REQUIREMENTS

• Evaluate control issues to ensure conformance to Consumer and Firm requirements
• Analyze issue root-cause and validate remediation actions
• Perform issue data quality monitoring
• Aggregate issues to identify key themes and control enhancement opportunities
• Develop and report on Key Risk Indicators/ Key Control Indicators
• Engage with audit and risk partners to facilitate exams and monitor findings
• Assess vendor risks and issues for themes, and monitor closure
• Perform control reviews to identify enhancement opportunities
• Advise, challenge & inform the businesses on risk mitigation actions
• Lead senior management presentations on risk and control metrics and analysis
• Coordinate and facilitate governance routines with key executive stakeholders.
• 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

SKILLS & QUALIFICATIONS 

• Bachelor's degree in Risk Management, Business, Finance, or a related field
• 5+ years related work experience
• Understanding of Consu