AWM, Marcus , Risk Reporting, Vice President, Richardson, TX

Job Description

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.

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.

We are seeking an experienced Risk Reporting Vice President (VP) for Marcus US Deposits within the Asset Wealth Management (AWM) Division. This role is part of Marcus Deposit's first line of defense Business Controls team, and will manage a team to provide risk and controls reporting for business and Board risk reporting.

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.

As part of the broader Business Controls team, the Risk Reporting VP focuses on the assessing, designing and executing risk reporting requirements across various first‑and second‑line stakeholders.

• Develop and execute a plan to execute various risk reporting requirements through the year.
• Develop suitable Key Risk Indicators (KRIs) and Key Control Indicators (KCIs) to provide risk insights to senior leadership.
• Design risk profile reporting to inform stakeholders about key business risks and control effectiveness.
• Collaborate with cross‑functional teams for intake and to review reporting outcomes.
• Present risk reports to business stakeholders and Risk committees.
• Streamline reporting through automation of data sourcing, aggregation and reporting output.
• Hire, develop and retain talent.
• Collaborate with internal stakeholders to infuse a culture of risk awareness and regulatory compliance.
• Contribute to Business Controls initiatives by providing expertise and thought leadership.

• A minimum of 10 years of…