• Services Third Party Risk Manager – Supply Chain VP - London

    Location(s) UK-London
    Job ID
    2019-57625
    Schedule Type
    Full Time
    Level
    Vice President/Executive Director
    Function(s)
    General
    Region
    EMEA
    Division
    Services
    Business Unit
    Vendor Management Office
    Employment Type
    Employee
  • MORE ABOUT THIS JOB

    SERVICES

     

    Consisting of Corporate Services and Real Estate (CSRE) and the Office of Global Security (OGS), our teams drive productivity and enable the firm’s flow of business while ensuring its safety and security. CSRE acquires, develops and manages the firm’s global real estate portfolio and delivers innovative market development, document management and hospitality related services to internal partners in the firm.  CSRE’s vision is to provide the world’s best workplace to the people of Goldman Sachs.  OGS’s mission is to protect the firm's people, assets, and reputation and in doing so provides people protection, physical security, fire safety and crisis management.  We look for achievement-oriented, creative individuals who perform at their best in a diverse team environment and are motivated by tangible results.

    RESPONSIBILITIES AND QUALIFICATIONS

    WHO WE ARE

     

    The Goldman Sachs Group, Inc. is a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. The firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centres around the world.

    Founded in 1869, Goldman Sachs has long sustained a commitment to hiring and training outstanding leaders.  Our business principles are rooted in integrity, a commitment to excellence, innovation and teamwork.  These values enable us to execute successfully a business strategy that is focused on extraordinary client service and superior long-term financial performance for our shareholders.

     

    We conduct our business in increasingly complex markets. Our people must continually find new ways to provide access to capital, manage risk and provide investment opportunities for our clients to enable them to realize their goals.  We judge ourselves on our ability to help clients anticipate and respond to changing market conditions and to create opportunities that merit the trust they place in us. 

     

    BUSINESS UNIT AND ROLE OVERVIEW

     

    The objective of the Supply Chain Organization within the BUSINESS FINANCE AND SPEND MANAGEMENT DIVISION is to:

    • Deliver a competitive advantage through supply chain by:
    • Leveraging firm’s total spend to drive commercial benefits
    • Delivering resilient high performing and globally compliant operations
    • Innovating to enhance and improve the firm’s product offering
    • Increasing vendor diversity and adherence to the firm’s vendor code of conduct
    • Focus on those third parties delivering the most material outsourced services
    • Deliver world class Third Party Risk and Source to Pay (S2P) Technology Process

     

    The Third Party Risk Management (TPRM) team sits within the Spend Management and Supply Chain organization. The team’s key mission is to proactively identify, manage, monitor and report key TPRM risks in order to enable and challenge risk based decision making in support of the firm’s ‘One Goldman Sachs’ forward strategy.

    Reporting to the global Head of TPRM, this Vice President level professional will have responsibility for TPRM’s third party operational resilience assurance capability globally.

     

     

    RESPONSIBILITIES

    • Lead and build the new TPRM third party operational resilience assurance team
    • Implement TPRM operational resilience assurance program for firm critical outsourced activities (and relevant sub-contractors)
    • Act as the principal liaison with firmwide vendor technology and business resilience leadership teams to ensure integrated approach between Vendor Technology Risk (i.e. cyber/info sec), Business Continuity Planning and firm critical third party operational resilience programs
    • TPRM operational resilience assurance lead for program Risk Partner Framework (e.g. Technology Risk, firmwide BCP)
    • TPRM operational resilience assurance lead liaison with second line of defense Operational Risk Management and Analysis (ORMA) risk specialist team
    • Respond to TPRM operational resilience assurance program related inquiries from Regulators, Business Units or key stakeholders globally
    • Coordinate TPRM operational resilience assurance content for internal senior forums and business engagement meetings (e.g. Committees, Governance Groups)
    • Support maintenance of TPRM policies, procedures and standards consistent with regulatory guidance (including acting as a Regulatory Update Monitoring System (RUMS) monitor)
    • Provide input into TPRM data strategy
    • Involvement in industry engagement

     

    SKILLS & EXPERIENCE WE ARE LOOKING FOR

     

    • Bachelor’s degree in a related field (Economics, Law, Supply Chain Management, Business etc.)
    • Minimum 5 years’ experience in a risk management, third party risk management, or global risk program design
    • Experience in working with technology teams on quality assurance testing and/or business continuity testing
    • Strong foundation of third party risks (i.e. vendor, inter-affiliate outsourcing and contingent worker activities)
    • Possess a strong risk and control mindset
    • Highly organized; attention to detail (especially data quality) and excellent follow-through required
    • Knowledge and experience of working with key global regulators
    • Experience with running / contributing to risk management programs within the financial industry or other blue chip organizations
    • Global stakeholder engagement, including ability to coordinate and interact effectively with global colleagues
    • Analytical thinker, able to quickly assess situations, multi-task, prioritize and make observations and linked recommendations
    • Outstanding interpersonal and communication skills (both written and verbal)
    • Confident candidate who is an enthusiastic team player
    • Ability to adapt to a dynamic and changing organization
    • MS Office knowledge (Word, Excel, Power Point, Access)

     

    COMPETENCIES

    • Functional Expertise - Keeps up-to-date with emerging business, economic, market trends and risk factors
    • Technical Skills - Demonstrates strong technical skills required for the role, attention to detail, takes initiative to broaden his/her knowledge and demonstrates appropriate analytical and risk management skills
    • Driving Outcomes - Presents sound, persuasive rationale for ideas or opinions. Takes a position on issues and influences others' opinions with persuasive recommendations. Able to independently challenge TPRM program stakeholders using data to drive business outcomes
    • Drive and Motivation - Successfully handles multiple tasks, takes initiative to improve his/her own performance, works intensely towards extremely challenging goals, and persists in the face of obstacles or setbacks in order to drive execution
    • Client and Business Focus - Effectively handles difficult requests, builds trusting and long-term relationships with clients, helps clients to identify/define needs, and manages client/business expectations
    • Teamwork - Acts as a strong team player, collaborates with others within and across global teams, encourages other team members to participate and contribute, and acknowledges others' contributions
    • Communication Skills - Communicates what is relevant and important in a clear and concise manner and shares information/new ideas with others. Able to clearly articulate observations and linked recommendations
    • Judgement and Problem Solving - Thinks ahead, anticipates questions, plans for contingencies, finds alternative solutions and identifies clear objectives. Sees the big picture and effectively analyses complex issues
    • Creativity/Innovation - Drives process improvements and develops executable creative solutions

    ABOUT GOLDMAN SACHS

    The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

    © The Goldman Sachs Group, Inc., 2019. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.