GOLDMAN SACHS ASSET MANAGEMENT (GSAM)

GSAM is one of the world’s leading investment managers. GSAM provides institutional and individual investors with investment and advisory solutions, with strategies spanning asset classes, industries, and geographies. We help our clients navigate today’s dynamic markets and identify the opportunities that shape their portfolios and long-term investment goals. We extend these global capabilities to the world’s leading pension plans, sovereign wealth funds, central banks, insurance companies, financial institutions, endowments, foundations, individuals and family offices. 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.

Goldman Sachs Fund Services Limited (GSAM FSL) is the Irish based management company of GSAM.

KEY RESPONSIBILITIES

Ensure compliance with all applicable regulatory requirements related to Delegate and Outsourcing Oversight and Operational Resilience. Oversee the identification, assessment, monitoring and reporting of operational risks for any incidents impacting funds under the Management Company Oversight. Assist in maintaining key Management Company risk management framework components and risk policies and procedures. Monitor Delegate performance against Key Risk Indicators [KRIs], and where applicable, escalate any concerns regarding risks to relevant management committees and boards of directors.Perform periodic ongoing oversight of Group Affiliate delegates performance and Key Performance Indicators [KPIs] in line with Management Company oversight requirements; including identification on key areas of risks and challenges, as well as mitigation plan if necessary. Engage with Vendor Management teams with respect to external delegate performance and KPI’s in line with Management Company oversight requirements.Act as an oversight delegate for a sub-set of broker, custodian and/or fund administrators to maximize potential value delivery across the firmAssist with the evaluation, selection, negotiation and onboarding of new vendors and ongoing compliance with Firm vendor policiesReview all Service Level Agreements and Key Performance Indicators and ensure changes are made where deemed necessary, and that these are metEngage with the Depositary on any matters that require escalation to the Management Company or BoardParticipate in the weekly joint Management Company Risk Oversight Group and the GSAM FSL monthly Risk Management Committee.Participate and report to GSAM FSL Management Company Risk Management Forums on items related to delegate oversight.Proactively engage with delegates where issues arise and to ensure services meet expectations.Compile and prepare risk reports for relevant Management Company Risk Committees, Fund Boards and the GSAM FSL Management Company BoardPresent risk reporting to relevant Management Company Risk Committees, Fund Boards and the GSAM FSL Management Company BoardManage new vendor appointment Initial Due Diligence and Management Company approvals as required.Engage in any regulatory projects impacting the Management CompanyKeep abreast of external and internal regulatory bodies divisional and group-wide risk standards and business changes; assessing any potential impact for the Group. In doing so, ensure that changes to the regulatory standards are implemented by the first line.Explore solutions that leverage business intelligence, low code automation, industry utilities, and external vendor solutions

EXPERIENCE & QUALIFICATIONS REQUIRED

Bachelor’s degree or equivalent, with relevant industry experienceRelevant work experience of 4+ yearsDetail oriented with the ability to quickly identify and learn pertinent information across a wide range of products and the full trade lifecycleAble to develop strong relationships across the organization and at all levels of management including the various Boards of DirectorsExcellent written, communication and presentation skillsAbility to work independently, multi-task and prioritize work under tight deadlinesIntellectual curiosity, and a strong work ethic and commitment to a superior work productAbility to cultivate effective partnerships with a broad range of stakeholdersForward thinking, with the ability to assert new ideas and follow them throughSelf-motivated, and a proactive team player who takes ownership and accountability of projectsStrong organizational skills with the ability to effectively manage competing priorities

PREFERRED SKILLS

Knowledge of European fund structures and products (i.e., mutual funds and alternative investment funds), operations, trade lifecycle and regulatory environments would be beneficialOperational Risk or Outsourcing Oversight experience gained within regulated sectors (Asset Management preferred)Experience producing risk reports and presentationsPrevious experience in an oversight or risk related role Good analytical skills and understanding of different risk methodologies 

 

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.