Asset & Wealth Management-Client Onboarding-Audit Response-Salt Lake City-Vice President

OUR IMPACT

Private Wealth Management (PWM) secures, develops and manages relationships with high-net-worth individuals, their families, family offices and foundations. PWM assists clients with building and preserving their financial wealth by creating and implementing long-term asset allocation within the context of each client's particular risk tolerance, and by providing access to innovative investment ideas and opportunities. PWM professionals develop customized investment strategies and offer a full array of wealth management products and services, including private banking and trust company services.

YOUR IMPACT

The core mission of the Audit Response Team is to serve as a centralized hub for managing external and regulatory audit requests. The team is designed to streamline the information-gathering process, ensure the integrity and quality of deliverables through rigorous internal reviews, and provide clear scoping for the remediation of regulatory findings. By centralizing these functions, the team aims to improve efficiency through self-sourcing data and recurring queries, while maintaining high standards of compliance and reporting for Wealth Management Operations.

This role will be a key member of the Wealth Management Operations team overseeing critical audit requests and ensure efficient and high-quality outcomes are obtained during the audit process. The role of the employee will include, but is not limited to the following:

• Liaising with key stakeholders and/or utilising tooling available to curate high quality audit deliverables for any external requests related to WM Operations functions.
• Manage the review and approval process for any external requests related to WM Operations functions
• Ensure tracking, visibility and reporting for any external requests related to WM Operations functions

The employee will be collaborating closely with PWM Business, Legal, Compliance, Operations, Engineering and other functional teams.

KEY RESPONSIBILITIES

• Strategic Leadership: Provide overall team performance management and direction for the centralized audit response function.
• Stakeholder Management: Oversee engagement with senior management and external auditors/regulators to ensure tracking, transparency and alignment on all deliverables.
• High-Risk Oversight: Personally oversee the delivery of complex or high-risk audit requests and regulatory findings. Inclusive of data analysis to ensure completeness and accuracy of deliverables.
• Remediation Scoping: Lead the effort to ensure any regulatory findings are clear regarding root causes, impacted scope, and required remediation, while coordinating with functional owners for implementation of required remedial actions to their processes.
• Quality Assurance: Ensure all team deliverables undergo a robust review and approval process prior to dissemination.

BASIC QUALIFICATIONS

• 7+ years' relevant experience, in a comparable role preferably including regulatory change/consulting or Audit/Compliance background
• Candidates should be fluent in English and hold a bachelor's degree or higher in a relevant field.
• Have strong attention to detail and a strategic mindset with strong problem-solving skills, data analysis skills, and able to provide creative & innovative solutions
• Proven experience in building and managing senior stakeholder relationships, coordinate and collaborate strong-minded stakeholders across functions and influencing them to focus on the key problems and outcomes
• Drive to execute, ability to collaborate and learn from others in the team and deliver high quality deliverables
• Excellent communication and interpersonal skills, written and oral; confident in interaction with senior stakeholders

ABOUT GOLDMAN SACHS

At Goldman Sachs, we commit to 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.