Office of Regulatory Relations- Project Management, Implementation and Execution, Associate, Salt Lake City

Division Overview

The Office of Regulatory Relations protects the firm's regulatory reputation by managing its relationships with regulators and enhancing the firm's overall regulatory compliance. We set standards for all regulatory interactions at the firm and oversee certain areas of enhancement. We welcome people from a variety of academic and professional backgrounds who are interested in the regulatory landscape. This division is ideal for collaborative individuals who feel comfortable interacting with various stakeholders across the firm, as well as our regulators. Our work contributes directly to the firm's success whether managing regulatory exams, implementing, overseeing and assessing significant remediation initiatives and effectiveness, communicating with regulators or establishing firmwide regulatory standards.

Role Overview

The Implementation and Execution team executes high priority and complex projects for the firm by using best-in-class project management skills and strong working knowledge of financial services and operational processes. The Implementation and Execution team executes high priority and complex projects for the firm by using best-in-class project management skills and strong working knowledge of financial services and operational processes.

This role creates an opportunity to deliver key cross functional projects for the firm, engaging at all stages of the project life cycle.

You will be part of a dedicated team responsible for executing strategic projects to advance the firm's priorities and deliver impactful revenue risk control and regulatory efficiency opportunities. Using effective program delivery methods, functional and technical expertise, and stakeholder management skills, this team provides senior management with execution capabilities to deliver their most complex projects.

This role will initially focus on a key regulatory program where you will lead workstreams and contribute to the delivery of a multi-year strategic initiative. By performing the role, the candidate will acquire detailed knowledge of multiple areas within the firm.

The ideal experience would be project management experience working with Regulatory Remediation of Policies and Procedures. This is a non-IT / technical, traditional PM role.

Responsibilities will include:

• Project planning and execution: develop and manage project plans for regulatory remediation efforts, including scope, timelines, resources, and deliverables
• Stakeholder management: coordinate with internal teams, regulatory bodies, and external consultants to facilitate remediation efforts and communicate progress
• Risk Management: identify and manage risks associated with remediation projects, implementing mitigation strategies as needed
• Internal Audit Engagement: work closely with internal audit (IA) teams to address findings and recommendations, ensuring that remediation plans effectively resolve identified issues
• Audit Preparedness: ensure that remediation projects are prepared for internal and external audit, maintaining clear and comprehensive documentation of remediation activities
• Monitoring and Reporting: track project progress, prepare status reports, and present findings to senior management and stakeholders
• Documentation: maintain comprehensive documentation of remediation activities, including issue tracking, action plans, and outcomes
• Partnering with leadership / divisions to identify, define and document project objectives and requirements
• Working with and across businesses and CFO&E (Controllers, Finance, Operations & Engineering) teams to develop and execute project plans to achieve objectives, identifying key milestones and critical path
• Contributing to project and operating effectiveness by bringing a deep understanding of processes and systems used in Banking
• Structuring ambiguous problems and taking action to solve them without complete information
• Preparing materials for working groups and committees, project dashboards, operating model diagrams, requirement specifications, test plans, etc.
• Conducing detailed problem tracking, resolution and completion of all actions and issues by their deadlines
• Communicating updates, statuses and timelines to stakeholders, and escalating items at risk
• Delivering key results to senior management and addressing their queries
• Supporting teams with best practices, program-wide tools, dashboards and other enablers

Skills and Experience:

• Proven experience in financial services project management, regulatory compliance, or related fields. Experience in internal audit, risk or remediation projects is highly desirable.
• Working knowledge of regulatory requirements relevant to the industry
• Proven experience solving complex problems
• Demonstrated ability to manage multiple projects and meet competing deadlines - project management skills are a must
• Drive, motivation and resilience - ability to handle multiple tasks, taking initiative to improve his / her own performance, working intensely towards goals and persisting in the face of obstacles or setbacks
• Ability to build long-term relationships and consensus across divisions
• Collaborative and team-oriented, encourages other team members and acknowledges others' contributions
• Exceptional attention to detail
• Strong written and oral communication skills with confidence and ability to create, structure, and present messages to senior audiences
• Strong analytical, quantitative, and MS Excel skills
• Excellent critical thinking and problem-solving skills
• Ability to coordinate activities with multiple interdependencies across several GS internal teams. You will be key in connecting various functions or teams and sharing information
• Creativity and innovation, with an ability to critically examine current processes to propose and develop improvements
• Ideally a strong understanding of Investment Banking businesses, financial concepts, products and services

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.

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

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Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.