Description

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 Controllers team in Frankfurt is responsible for ensuring that the financial and regulatory requirements of our German entities are met, in accordance with statutory and firm requirements. Controllers are also responsible for the identification, measurement and mitigation of firmwide financial reporting risks in support of regulatory mandates and corporate governance. We also manage operational, technology, and other risks in the Controllers division.

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.

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.

OUR IMPACT

YOUR IMPACT As well as being involved in the firm’s European RRP deliverables, the role holder will be a full member of the RRP core team and will have the opportunity to participate in the firm’s broader recovery and resolution planning efforts.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 recovery planning and resolvability as its business model continues to evolve. Responsibilities include:

  • Ensuring that the firm RRP deliverables comply with all European requirements and are consistent with the firm’s global plans
  • Acting as a key contact for the firm’s European RRP deliverables
  • Authoring sections of the firm’s recovery and resolution plans and other regulatory deliverables
  • Conducting assurance work such as capability testing and simulation exercises
  • Acting as credible contact for the European Regulators and the firm’s Senior Management with respect to RRP matters
  • Participating in industry forums

A public summary of the firm’s resolution plan can be found on the firm’s external website: We are seeking an associate to own and manage the firm’s European RRP deliverables. The role, which will be based in the firm’s Frankfurt office, will also be involved in the firm’s global RRP and requires the following attributes:

  • Strong project management skills: ability to work with a federated team of subject matter experts across multiple divisions within the firm to plan and execute on the firm’s RRP deliverables
  • Credibility with the Regulators and Senior Management: theholder of the role will beinvolved in regular interactions with the SRB and ECB and the firm’s Senior Management with respect to RRP matters
  • Control mindset: the ability to maintain anddevelop a robust control, governance and assurance framework around the firm’sEuropean RRP deliverables
  • Technical competence: understandingand experienceofthe European RRP regimes. Experience in one or more of the following areas would be beneficial: Capital, Liquidity, Financial/ Regulatory Reporting, Operations, Risk Management
  • Analytical skills: an eye for detail and the ability to prepare, reviewand challengefinancial projections as well as other core sections of the recovery and resolution plans
  • Writing skills: the ability to produce documentation to meet regulatory submission standards, and to critically review/ challenge materials prepared by other areas

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.

We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process.

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.

Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity