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IBD-TxB-Dallas-Chief Credit Officer-VP

goldmansachs Goldman Sachs

Like most financial institutions, Goldman Sachs specializes in several key areas, including mergers and acquisitions, investment research, securities and risk management, and technological innovation.

The Role

TxB’s Risk Management team oversees all risks across TxB globally. Potential candidates will have a bird’s eye view of an exciting new business and the opportunity to work closely with TxB and GS leadership teams. They will also have a view into all TxB products, new business initiatives, go-to-market strategies, client interactions, regulatory dynamic and the full spectrum of business risks and controls.

Principal responsibilities relate to:

  • Provide thought leadership and support TxB’s global and regional risk management programs, developing and implementing risk strategies enabling continual improvement to keep up with evolving business needs
  • Directly accountable for TxB’s credit risk program. Responsibilities include, but are not limited to:
    • Establish program governance framework and portfolio structure in order to deliver the business objectives regarding commercial outcome and credit risk appetite
    • Oversight of all credit risk across TxB products such as lending products, intra-day risk
    • Build and optimize existing risk management strategies to improve loss targets/commercial benefit
    • Oversee the development of TxB credit polices
    • Provide strategic liaison between TxB credit risk and firmwide credit risk team to ensure program management
    • Work closely with business and federation partners including Legal, Compliance, Controllers and second line Risk
    • Establish a culture of continuous improvement, in line with strategic objectives and introduction of new products and offerings
  • Work closely with TxB’s head of Credit Products to create a transparent and effective approach to credit risk management. Responsibilities include, but are not limited to:
    • Partner with product leadership for co-developing various credit products
    • Post stakeholders on continuous progress within the function
  • Support regulatory and executive leadership interface as required. Responsibilities include, but are not limited to:
    • Keep up to date with applicable regulations and compliance requirements
    • Ensure credit risk strategies and related controls comply with global regulatory requirements, oversee regulatory reporting;

Basic Qualifications

  • As a risk leader in a startup environment, Credit Products Risk Manager will secondarily engage with a broad range of risk management topics including:
    • Support TxB’s Risk program buildout globally, provide oversight of key policies and procedures, and oversee various governance forums
    • Support TxB’s business development team on structuring legal & compliance solutions, client documentation reviews and exception approvals, other revenue enablement and regulatory controls related to Sanctions & AML
    • Coordinate with second line (risk, compliance, controllers, etc.) and third line of defense (audit) stakeholders
    • Support executive reporting, GS governance committee and board presentations
    • Assist with TxB’s global expansion program, including the development of business and operational controls
  • ~15 years’ experience in a risk management or audit role
  • Prior experience leading large high performing teams
  • Ability to be creative, collaborate widely and deliver on key risk objectives in a fast paced start-up environment
  • Strong presentation skills, organizational and interpersonal skills
  • Strong data analysis skills. Visualizing complex data analyses and communicating to a wide variety of audiences, including senior leadership

Preferred Qualifications

  • Small business cash-flow, portfolio lending credit experience
  • Prior Transaction Banking and payments risk experience

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

© The Goldman Sachs Group, Inc., 2021. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity

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IBD-TxB-Dallas-Chief Credit Officer-VP

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Goldman Sachs

Like most financial institutions, Goldman Sachs specializes in several key areas, including mergers and acquisitions, investment research, securities and risk management, and technological innovation.

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