Controllers Divisional Overview
Controllers ensure that the firm meets all the financial control and reporting obligations of a global, regulated and public financial institution. In the Controllers Department, our professionals measure the profitability of, and risks associated with, every aspect of the firm's business. Controllers also ensure that the firm's activities are conducted in compliance with the regulations governing transactions in the financial markets.
Treasury Product Control
A group within broader Controllers organization, Funding Controllers are responsible for reporting, analyzing and providing commentary on Funding related activities. Within the Funding Controllers, Treasury Controllers are responsible for supporting, monitoring and reporting P&L and Balance sheet for Corporate Treasury activities.
Want more jobs like this?
Get Business Operations jobs in Jersey City, NJ delivered to your inbox every week.
Corporate Treasury manages the firm's financial resources (liquidity, balance sheet, funding and capital) and is responsible to minimize interest expense through liability planning, asset liability management and liquidity portfolio yield enhancement. It is a central function and manages the aggregated interest rate risk from all businesses through investment securities portfolio and interest rate derivatives.
Your impact
Team is looking for an Associate to join Treasury Controllers team. In this role, you will leverage diverse skill set including accounting, finance, technology, product expertise and risk management to design and deliver solutions to support Treasury's existing and new initiatives.
If you have an appetite for problem solving, intuition for process improvement, desire to analyze key metrics and lead projects forward, all at the intersection of finance & technology, this role is for you.
Key responsibilities
- Partner with businesses to understand the impact of various business activities
- Analyze and understand Treasury's sources and uses of Funding and its impact on net interest P&L
- Perform daily, weekly, monthly and quarterly P&L and balance sheet for Treasury businesses.
- Analyze and understand firmwide Net interest income (NII)
- Assess new trades for accounting treatment, financial statements disclosures and appropriate valuations.
- Perform on-going price verification procedures, where applicable, to ensure appropriate valuation of firm inventory
- Preparation and analysis of drivers for Quarterly Earnings Release and filings
- Interaction with Product Controllers, Trading Desks, Divisional Management and Franchise Managers to analyze current and historical business trends to establish future business strategy
- Respond to ad-hoc questions and analysis as they pertain to balance sheet and P&L of Treasury activity
- Work with Technology teams to automate and enhance P&L reporting process
Basic Qualifications
- Accounting, Economics or Finance degree preferred
- CPA, or CFA preferred, but not required
- 3 years of related experience is required
- Strong quantitative, analytical and organizational skills
- Excellent interpersonal and communication skills; the ability to clearly articulate ideas
- The ability to work on a global team of diverse individuals
- Proactive; the ability to respond creatively and quickly in a fast-paced, high-pressure, changing environment
- Accurate and detail-oriented with sound judgment and integrity
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., 2023. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
Salary Range
The expected base salary for this Jersey City, New Jersey, United States-based position is $85000-$140000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.
Benefits
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.