AWM, Marcus, Controls Monitoring and Testing, Vice President, Chicago

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 direct-to-consumer business provides digital solutions that help customers save and invest. 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 seeking an experienced Vice President to lead Controls Monitoring and Testing for Marcus US Deposits within the Asset Wealth Management Division. This role is part of Marcus Deposit's first line of defense Business Controls team, and will manage a team to assess, design and implement controls monitoring and testing for key controls.

Key Responsibilities

• Develop and execute a road-map to implement controls monitoring and testing for key controls.
• Assess risks (regulatory and operational) and associated controls to identify relevant control monitoring and testing strategies to proactively assess control failures.
• Ensure timely and periodic execution of controls monitoring and testing as per plan.
• Analyze control monitoring and testing outputs to assess thematic control failures.
• Collaborate with cross-functional teams to review control testing results and assess root cause.
• Lead results aggregation, analysis and reporting senior stakeholder review and risk committees.
• Collaborate with other Controls functions to inform process and controls design, based on control testing outcomes.
• Engage with second- and third-line functions as required to inform applicable compliance and audit examination.
• Hire, develop and retain talent.
• Innovate controls testing strategies and tools to ensure efficiency in testing, analysis and reporting.
• Collaborate with internal stakeholders to infuse a culture of risk awareness and regulatory compliance.
• Contribute to Risk Governance initiatives by providing expertise and thought leadership.

Required Qualifications

• A minimum of 10 years of experience in Operational Risk, Compliance, Controls or Audit functions in the financial services industry.
• Expertise in leading, developing and implementing controls monitoring and testing functions.
• Strong leadership skills with experience in managing and motivating teams.
• Excellent communication and interpersonal skills to effectively engage with internal and external stakeholders.
• Ability to work autonomously and navigate complex organizational structure.
• Exceptional analytical and decision-making skills.
• Bachelor's degree required; an advanced degree or relevant professional certifications would be advantageous.

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.

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