Services, Third Party Risk Management (TPRM) Team, Third Party Risk Manager, Associate/VP - Dallas

Job Description

MORE ABOUT THIS JOB

WHO WE ARE

The Goldman Sachs Group, Inc. is 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 high-net-worth individuals. The firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centers around the world.

Founded in 1869, Goldman Sachs has long sustained a commitment to hiring and training outstanding leaders. Our business principles are rooted in integrity, a commitment to excellence, innovation and teamwork. These values enable us to execute successfully a business strategy that is focused on extraordinary client service and superior long-term financial performance for our shareholders.

We conduct our business in increasingly complex markets. Our people must continually find new ways to provide access to capital, manage risk and provide investment opportunities for our clients to enable them to realize their goals. We judge ourselves on our ability to help clients anticipate and respond to changing market conditions and to create opportunities that merit the trust they place in us.

The Third Party Risk Management (TPRM) team sits within the Services organization. The team’s key mission is to proactively identify, manage, monitor and report key third party vendor risks in order to enable and challenge risk based decision making in support of the firm’s ‘One Goldman Sachs’ forward strategy.

This Associate level professional will have responsibility for TPRM’s Contingent Worker (CW) Management Program globally. The Contingent Worker Management Program provides the framework for addressing, managing and reporting the risks attendant to the contingent workers that provide services to Goldman Sachs around the world.

RESPONSIBILITIES AND QUALIFICATIONS

BUSINESS UNIT AND ROLE OVERVIEW

The Third Party Risk Management (TPRM) team sits within the Services organization. The team’s key mission is to proactively identify, manage, monitor and report key third party vendor risks in order to enable and challenge risk based decision making in support of the firm’s ‘One Goldman Sachs’ forward strategy.

This Associate level professional will have responsibility for TPRM’s Contingent Worker (CW) Management Program globally. The Contingent Worker Management Program provides the framework for addressing, managing and reporting the risks attendant to the contingent workers that provide services to Goldman Sachs around the world.

RESPONSIBILITIES

Lead the firm’s global Contingent Worker (CW) Management Program

Act as the principal liaison with firm businesses and corporate functions to ensure effective planning and collaboration on CW Program initiatives, and coordination of efforts among various firm risk functions

Serve as TPRM CW lead liaison with second line of defense Operational Risk Management and Analysis (ORMA) risk specialist team

Respond to TPRM Contingent Worker Program related inquiries from Regulators, Business Units or key stakeholders globally

Coordinate TPRM Contingent Worker content for internal senior forums and business engagement meetings (e.g., Committees, Governance Groups, etc.)

Support maintenance of TPRM policies, procedures and standards consistent with regulatory guidance

Provide input into TPRM data strategy

Develop and deliver appropriate training program for Contingent Worker related [training] matters both within TPRM and the firm as a whole

Responsible for line managing one GS full time employee in support of global program

Proactive Involvement in industry engagement

SKILLS & EXPERIENCE WE’RE LOOKING FOR

Minimum 5 years’ experience in a risk management, third party risk management, or global risk program design function

Strong foundation of third party risks (i.e., vendor, inter-affiliate outsourcing and contingent worker activities)

Possess a strong risk and control mindset

Highly organized; attention to detail (especially data quality) and excellent follow-through required

Knowledge and experience of working with key global regulators

Experience with running / contributing to risk management programs within the financial industry or other blue chip organizations

Global stakeholder engagement, including ability to coordinate and interact effectively with global colleagues

Enhanced critical thinking and problem solving skills; agile thinker; collaboration skills; ability to be persuasive

Analytical thinker, able to quickly assess situations, multi-task, prioritize and make observations and linked recommendations

Outstanding interpersonal and communication skills (both written and verbal)

Confident candidate who is an enthusiastic team player

Ability to adapt to a dynamic and changing organization

MS Office knowledge (Word, Excel, Power Point, Access)

Possess a Bachelor’s degree

COMPETENCIES

Functional Expertise - Keeps up-to-date with emerging business, economic, market trends and risk factors

Technical Skills - Demonstrates strong technical skills required for the role, attention to detail, takes initiative to broaden his/her knowledge and demonstrates appropriate analytical and risk management skills

Driving Outcomes - Presents sound, persuasive rationale for ideas or opinions. Takes a position on issues and influences others' opinions with persuasive recommendations. Able to independently challenge TPRM program stakeholders using data to drive business outcomes

Drive and Motivation - Successfully handles multiple tasks, takes initiative to improve his/her own performance, works intensely towards extremely challenging goals, and persists in the face of obstacles or setbacks in order to drive execution

Client and Business Focus - Effectively handles difficult requests, builds trusting and long-term relationships with clients, helps clients to identify/define needs, and manages client/business expectations

Teamwork - Acts as a strong team player, collaborates with others within and across global teams, encourages other team members to participate and contribute, and acknowledges others' contributions

Communication Skills - Communicates what is relevant and important in a clear and concise manner and shares information/new ideas with others. Able to clearly articulate observations and linked recommendations

Judgment and Problem Solving - Thinks ahead, anticipates questions, plans for contingencies, finds alternative solutions and identifies clear objectives. Sees the big picture and effectively analyses complex issues

Creativity/Innovation - Drives process improvements and develops executable creative solutions

Courage—To develop and communicate recommended solutions to complex problems, particularly when it is novel in approach and not the majority view

ABOUT GOLDMAN SACHS

ABOUT GOLDMAN SACHSAt 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., 2020. All rights reserved.Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity