OPERATIONS GOVERNANCE, AUDIT & CHANGE MANAGEMENT – ANALYST/ASSOCIATE

YOUR IMPACT

We’re looking for a professional individual who is eager to apply their financial market knowledge in the continuously evolving regulatory and controls environment under which Goldman Sachs Bank Europe SE (GSBE) operates. In the Operations Outsourcing, Governance & Audit Management team, you will support and drive processes and enhancements to the governance and oversight framework, improve controls and work to proactively mitigate risks.

Our team is seeking a professional who is looking to collaborate with multiple stakeholders across all divisions to improve GSBE ´s governance framework and play a central role in regulatory and audit related activities.

If you have a background in risk management, change management and governance acquired through experience in the financial services industry, this presents a fantastic opportunity to advance your career with a leading global bank in the industry. We aim to implement strategies, assess change feasibility, create project plans, drive analysis and implementation, and manage stakeholder communication across Operations governance.

OUR IMPACT

The Global Banking and Markets Operations division is a dynamic, multi-faceted organization that partners with all parts of the firm to provide banking services to clients around the world. In addition, the division 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.

The Operations Outsourcing, Governance and Audit Management team plays a key role in the oversight of GSBE ´s outsourced activities and implementation of relevant controls and processes across the legal entity governance. Specific to this role, the team partners with all relevant stakeholders locally and globally to ensure appropriate oversight of related regulatory requirements as well as the division’s frameworks and internal governance from a legal entity perspective. Our team is responsible for the coordination of regulatory & statutory audits as well as audit finding remediation management. We support Operations management to prioritize business and information needs, strengthen Operations integration with key stakeholders to improve processes, controls and service provided to and from GSBE. Finally, we manage and oversee key projects impacting GSBE Operations horizontal. We are responsible for the risk management functions and the development and execution of a robust governance framework.

HOW YOU WILL FULFILL YOUR POTENTIAL

• Work as part of our dynamic team and help define and drive the strategic governance framework of the bank.
• Governance:
  • Assist in the management and enhancement of the governance framework incl. preparation of KPI/KRI for outsourced activities, RCSA sign-off, periodic SLA related reviews and other inquiries.
  • Supporting management to prioritize business and information needs (ad-hoc inquiries, new product memo analysis, committee work)
  • Contributed to the risk mitigation programs of the bank.
• Audit Management: Operations horizontal coordination for regulatory & statutory audits as well as audit finding remediation management.
• Change Management: supporting and oversight of projects impacting GSBE Ops horizontal. Define and provide supervisory oversight for comprehensive project documentation in support of strategic initiatives and change management including business/functional requirement documents, process flow diagrams and comprehensive data analysis.
• Actively contribute to building strong relationships across the firm and external stakeholders.
• Self-motivated and proactive team player, who has strong organizational skills as well as the ability to effectively manage competing priorities within deadlines,
• Strong analytical skills with an ability to understand complex workflows paired with meticulous attention to detail,
• Strong communication skills to clearly articulate issues and ideas and provide timely escalation,
• Good interpersonal skills to build strong relationships with key stakeholders within and outside of Operations,
• Flexible and able to work well under pressure in a team environment,
• Proficiency in Microsoft Office applications,
• Active interest in understanding and learning about the global financial markets.
• Bachelor's degree
• Min. 1-3 years of related experience
• Ability to interact with internal experts and various global stakeholders comfortably and effectively.
• Experience in change management, having previously worked on projects.
• Strong organizational skills and ability to manage multiple assignments concurrently.
• Working experience and interest in data analysis, process automation, big data or technical process efficiencies / BI tools is a plus.
• Excellent communication and organization skills.

SKILLS & EXPERIENCE WE ARE LOOKING FOR

PREFERRED QUALIFICATIONS

• Bachelor's degree
• Min. 1-3 years of related experience
• Ability to interact with internal experts and various global stakeholders comfortably and effectively.
• Experience in change management, having previously worked on projects.
• Strong organizational skills and ability to manage multiple assignments concurrently.
• Working experience and interest in data analysis, process automation, big data or technical process efficiencies / BI tools is a plus.
• Excellent communication and organization skills.

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 several 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. about our culture, benefits, and people at GS.com/careers.

We’re committed to finding reasonable accommodation for candidates with special needs or disabilities during our recruiting process. : https://www.goldmansachs.com/careers/footer/disability-statement.html

We Offer Best-In-Class Benefits

Healthcare & Medical Insurance

We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.

Holiday & Vacation Policies

We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.

Financial Wellness & Retirement

We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.

Health Services

We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.

Fitness

To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).

Child Care & Family Care

We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.

Benefits at Goldman Sachs

Read more about the full suite of class-leading benefits our firm has to offer.

Opportunity Overview CORPORATE TITLE Associate OFFICE LOCATION(S) Frankfurt JOB FUNCTION Regulatory Compliance DIVISION Global Banking & Markets