At a Glance
- Tasks: Lead and manage complex projects in recovery and resolution planning for a global financial firm.
- Company: Goldman Sachs is a leading global investment banking and securities firm with a commitment to diversity.
- Benefits: Enjoy professional growth opportunities, wellness programs, and a supportive work culture.
- Why this job: Join a dynamic team focused on regulatory compliance and strategic initiatives in a fast-paced environment.
- Qualifications: Experience in project management, regulatory engagement, and strong analytical skills are essential.
- Other info: This role requires on-site work in London and adherence to COVID-19 vaccination policies.
The predicted salary is between 72000 - 100000 £ per year.
OUR IMPACT Controllers ensure that the firm meets all the financial control and reporting obligations of a global, regulated, and public financial institution. Our professionals measure the profitability of, and risks associated with, every aspect of the firm’s business. Controllers also ensure that the firm’s activities are conducted in compliance with the regulations governing transactions in the financial markets. We’re a team of specialists charged with managing the firm’s liquidity, capital, and risk, and providing the overall financial control and reporting functions. Whether assessing the creditworthiness of the firm’s counterparties, monitoring market risks associated with trading activities, or offering analytical and regulatory compliance support, our work contributes directly to the firm’s success. The business is ideal for collaborative individuals who have strong ethics and attention to detail. The RRP core team is a small centralized team that is responsible for setting the strategy for, planning, and coordinating the firm’s global and local RRP deliverables. The team also has responsibility for running the assurance framework across our RRP capabilities, and is the first point of call for regulatory enquiries relating to RRP globally. YOUR IMPACT We are seeking a Vice President Project Manager manage a variety of the RRP team’s deliverables. The role will be based in the London office and span multiple aspects of RRP from a global, UK and European perspective. The role requires effective program delivery methods, functional and technical expertise, and stakeholder management experience to enhance and manage RRP capabilities. The successful candidate will be able to lead workstreams and contribute to the delivery of multi-year strategic initiatives for the firm. Responsibilities: Act as a PMO for the firm’s RRP deliverables including managing multiple projects and meeting competing deadlines – deep project management skills are a must. Author sections of the firm’s recovery and resolution plans and other regulatory deliverables Project managing the firm’s Trading Book Wind Down program through implementation and delivery phrases Act as a contact for the external regulators and firm’s Senior Management with respect to RRP matters Manage assurance work such as capability testing and simulation exercises Participating in industry forums Partnering with leadership / divisions to identify, define and document project objectives and requirements. This role provides an exciting opportunity to participate in an important area of regulatory focus and be involved in developing the firm’s thinking and approach to resolvability as its business model continues to evolve. A public summary of the firm’s resolution plan can be found on the firm’s external website: https://www.goldmansachs.com/investor-relations/creditor-information/2023-global-resolution-plan.pdf REQUIREMENTS Complex program management : Experience executing high priority and complex projects across a large organisation by using best-in-class project management skills Experience of launching and running cross functional projects, engaging at all stages of the project life cycle Ability to work with a federated team of 100+ individuals across multiple divisions within the firm to plan and execute RRP deliverables Ability to coordinate activities with multiple interdependencies across several GS internal teams and connect various functions/teams and sharing information. Drive, motivation, and resilience : Ability to handle multiple tasks, taking initiative to improve own performance while also collaborating with other team members Creativity and innovation are key alongside an ability to critically examine current processes to propose improvements Critical thinking and problem-solving skills are key to ensure the candidate can structure ambiguous problems and take action to solve them without complete information. Working knowledge of financial services & experience of regulatory interaction: The candidate should have experience of external, regulatory engagement and will oversee external deadlines and deliverables. The candidate will be required to lead workstreams to deliver multi-year strategic initiatives internally as well as occasionally be a point of contact for global and UK regulators. Understanding and experience of RRP regimes is desirable but not essential. Additionally, the successful candidate should demonstrate: Communication : Experience preparing reports, timelines and materials for working groups and committees. They should show an ability to translate complex issues into key messages for cross-divisional teams and leadership Control mindset: The candidate should demonstrate the ability to maintain and develop a robust control, governance and assurance framework around the firm’s global RRP deliverables Analytical skills: An eye for detail is important and the ability to prepare, review and challenge financial projections and non-financial capabilities. Writing skills: The ability to produce documentation to meet regulatory submission standards, and to critically review/ challenge materials prepared by other areas in a timely manner. 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 Please note that our firm has adopted a COVID-19 vaccination requirement for employees who work onsite at any of our U.S. locations to safeguard the health and well-being of all our employees and others who enter our U.S. offices. This role requires the employee to be able to work on-site. As a condition of employment, employees working on-site at any of our U.S. locations are required to be fully vaccinated for COVID-19, and to have either had COVID-19 or received a booster dose if eligible under Centers for Disease Prevention and Control (CDC) guidance, unless prohibited by applicable federal, state, or local law. Applicants who wish to request for a medical or religious accommodation, or any other accommodation required under applicable law, can do so later in the process. Please note that accommodations are not guaranteed and are decided on a case by case basis. Â The Goldman Sachs Group, Inc., 2023. All rights reserved. Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity #J-18808-Ljbffr
Controllers-Recovery and Resolution Planning (RRP) Core Team-Vice President-London employer: Goldman Sachs
Contact Detail:
Goldman Sachs Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Controllers-Recovery and Resolution Planning (RRP) Core Team-Vice President-London
✨Tip Number 1
Familiarize yourself with the Recovery and Resolution Planning (RRP) frameworks and regulations. Understanding the nuances of these regulations will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the financial services industry, especially those involved in regulatory compliance and project management. Engaging in discussions can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Showcase your project management skills by discussing specific examples where you've successfully managed complex projects. Highlight your ability to coordinate across multiple teams and meet tight deadlines.
✨Tip Number 4
Prepare to discuss your experience with external regulators and how you've handled regulatory interactions in the past. This will be crucial as the role involves being a point of contact for regulatory matters.
We think you need these skills to ace Controllers-Recovery and Resolution Planning (RRP) Core Team-Vice President-London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your project management experience, particularly in complex program management and regulatory interactions. Use specific examples that demonstrate your ability to manage multiple projects and meet deadlines.
Craft a Strong Cover Letter: In your cover letter, emphasize your skills in stakeholder management and your experience with cross-functional projects. Mention your understanding of financial services and any relevant experience with recovery and resolution planning.
Showcase Analytical Skills: Provide examples in your application that showcase your analytical skills and attention to detail. Highlight instances where you prepared reports or documentation for regulatory submissions, as this is crucial for the role.
Demonstrate Communication Skills: Illustrate your communication abilities by discussing how you've translated complex issues into key messages for diverse teams. This will show your capability to prepare materials for working groups and committees effectively.
How to prepare for a job interview at Goldman Sachs
✨Showcase Your Project Management Skills
Since the role requires deep project management skills, be prepared to discuss your experience managing complex projects. Highlight specific examples where you successfully led cross-functional teams and met tight deadlines.
✨Demonstrate Regulatory Knowledge
Familiarize yourself with recovery and resolution planning (RRP) frameworks and regulatory requirements. Be ready to discuss any previous interactions with regulators and how you managed compliance in past roles.
✨Emphasize Analytical and Problem-Solving Abilities
Prepare to showcase your analytical skills by discussing how you've tackled ambiguous problems in the past. Use specific examples to illustrate your critical thinking process and how you arrived at effective solutions.
✨Communicate Clearly and Effectively
Strong communication is key for this role. Practice summarizing complex issues into clear, concise messages. Be ready to provide examples of reports or presentations you've prepared for senior management or working groups.