Wealth Management

Across Wealth Management, Goldman Sachs helps empower clients and customers around the world to reach their financial goals. Our advisor-led wealth management businesses provide financial planning, investment management, banking and comprehensive advice to a wide range of clients, including ultra-high net worth and high net worth individuals, as well as family offices, foundations and endowments, and corporations and their employees. Our consumer business provides digital solutions for customers to better spend, borrow, invest, and save. Across Wealth Management, our growth is driven by a relentless focus on our people, our clients and customers, and leading-edge technology, data and design.

Marcus by Goldman Sachs

The firm’s direct-to-consumer business, Marcus by Goldman Sachs, combines the entrepreneurial spirit of a start-up with more than 150 years of experience. Today, we serve millions of customers across multiple products, leveraging innovative design, data, engineering and other core capabilities to provide customers with powerful tools and products that are grounded in value, transparency and simplicity.

Your Impact

The Business Process Engineering team is a fundamental function to support new product launches and continuously look for process improvement in existing products and processes to assess and enhance inefficiencies in the business. As part of the broader Business Controls team, the Process Engineering role serves as an integral part of Marcus’ first line of defense to ensure process-level inefficiencies and risks are evaluated to drive cost benefits and risk mitigation.

 What you can expect in a Business Process Engineering Associate role:

Proactively identify potential business risks, process deficiencies and improvement opportunities Develop and maintain the process and controls environment (inventory and maps) for deposits operationsDesign process solutions using continuous improvement principlesContinuously assess and identify opportunities to improve all functional processesCollaborate with the Business to refine and maintain their Business Process InventoriesPerform assessments to define different process KPIs / KRIsLead and deliver executive reporting and other data-driven deliverables, with a focus on providing appropriate content, context, and structure in a precise and timely manner Collaboratively create a robust process, risk, and controls environment to ensure the highest standards of consumer protectionMaintain current and target operating models to drive process efficiencies and risk controlEstablish and maintain a change management frameworkObtain necessary change advisory board approvalsAssess the impact of change across the business and ensures production readiness

 Qualifications:

Bachelor’s degree 3+ years experience with consumer banking and financial servicesDemonstrated experience in assessing and designing business processes or workflowsExperience with process engineering to develop, identify and implement efficiency opportunities from end to endUnderstanding of Business Process Continuity methodologies and basic requirementsAnalytical mindset with ability to leverage statistical analysis and/or generation of basic KPIsComfortable presenting to large stakeholder groups and driving meetingsExcellent interpersonal, relationship building, communication (written and verbal) and collaboration skillsAptitude for building relationships and ability to communicate complex issues to a wide array of internal partners with different levels of product experienceKnowledge of standard processing engineering tools (e.g., Signavio, Visio, Other process management tools)Self-motivated and proactive team player, who takes ownership and accountability of projectsAbility to work independently, multi-task and take ownership of various parts of an initiative while still following proper chain of command, and effectively working in a team environmentAbility to work under pressure and manage tight deadlines or unexpected changes in expectations or requirements 

Preferred qualifications:

Bachelor’s degree in a financial operations or engineering fieldExpertise in Business Process workflow tooling/designKnowledge of Process Mining tools and experience analyzing data from tools to translate into process improvementsKnowledge of process risk components, specifically regulatory and/or operational riskSix Sigma and Lean CertificationStrong Process Assessment Framework knowledge and experience performing process assessments covering technical and system integrated processesExperience working with Process Automation, RPA and Machine LearningExperience designing relational databases 

 

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. 

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