Asset & Wealth Management, Marcus US Deposits Business Controls & Risk Management, Associate

Asset & Wealth Management, Marcus US Deposits Business Controls & Risk Management, Associate - Richardson  Richardson, TX, United States

Bringing together traditional and alternative investments, we provide clients around the world with a dedicated partnership and focus on long‑term performance. As the firm’s primary investment area, we provide investment and advisory services for some of the world’s leading pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors and individuals, for which we oversee more than $2 trillion in assets under supervision.

Working in a culture that values integrity and transparency, you will be part of a diverse team that is passionate about our craft, our clients, and building sustainable success.

• Investors
  , spanning traditional and alternative markets offering products and services
• Advisors
  , understanding our clients’ priorities and poised to help provide investment advice and strategies that make sense for their portfolios
• Thought Leaders
  , providing timely insights across macro and secular themes to help inform our clients’ investment decisions
• Innovators
  , using our suite of digital solutions to help our clients address complex challenges and meet their financial goals

We are looking for an Associate to serve as a member of the Marcus US Deposits Business Controls and Risk Management function in Richardson (Texas). 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.

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. The Risk Governance team, specifically, is a fundamental function to manage AWM’s Consumer Risk environment. As part of the broader AWM Consumer Risk team, the Risk Governance Associate role serves as part of the first line of defense to ensure strong risk mitigation governance and collaborative engagements with 2

LOD & 3

LOD. This role will focus on ensuring the health of the risk mitigation framework and proactively engaging with risk partners and business leaders to identify risks.

• Proactively identify business risks, process deficiencies, and potential gaps/ weaknesses in risk management practices.
• Present outcomes of gap assessment and remediation to leadership.
• Pre‑empt 2
  
  LOD/3
  
  LOD engagements by pro‑actively reviewing process documentation (process maps, procedures, etc.) and working with stakeholders to identify existing controls, identify control gaps (automation, detective reporting, etc.) and ensure that risks are sufficiently mitigated.
• Actively participate in cross‑functional working groups to reconcile engineering roadmaps and daily intake requests, ensuring all prioritized initiatives are seamlessly aligned with the PRC Change Management framework.
• Lead cross‑functional 2
  
  LOD/3
  
  LOD engagement efforts across the business.
• Work…