AWM, Private Bank, Deposits Process & Controls, Associate- Dallas

Goldman Sachs; Dallas (TX); On-site; USD 110,000 - 150,000; Full time

Job summary

Goldman Sachs is seeking a Deposits Process & Controls Associate within Private Banking to strengthen governance, drive process improvement and risk management for the Deposits business. You will collaborate with Risk, Compliance, Operations, Technology, and Audit to support a scalable, well-controlled operation.

The role focuses on identifying control gaps, supporting remediation efforts, and enhancing governance frameworks across deposits, liquidity, and treasury products.

Qualifications

• 3-5 years in Private Banking Operations, Treasury, Risk, Audit, or related roles.
• Strong understanding of risk, controls, governance, and process management.
• Excellent written and verbal communication skills.

Responsibilities

• Identify process, operational risk, and control gaps across Deposits business.
• Support risk and control activities, issues management, and audits.
• Develop and maintain governance frameworks to ensure firmwide standards.
• Monitor and report on risk, controls, and remediation progress.
• Document end-to-end deposit processes and drive improvements with stakeholders.
• Participate in product/process changes by assessing control impacts.

Skills

Risk governance

Process management

Communication

Multi-workstream leadership

Problem solving

Deposits/treasury knowledge

Job description

Your Impact

The Private Bank provides lending and banking solutions, including deposits, to high-net-worth clients across the firm's global Wealth Management businesses. The Deposits Process & Controls Associate will help strengthen the Deposits business operating model through enhanced governance, process improvement, risk management, and controls oversight. This role sits within the business and partners closely with Risk, Compliance, Operations, Technology, and Audit teams to support a scalable, well-controlled business.

Job Description

Your Impact

The Private Bank provides lending and banking solutions, including deposits, to high-net-worth clients across the firm's global Wealth Management businesses. The Deposits Process & Controls Associate will help strengthen the Deposits business operating model through enhanced governance, process improvement, risk management, and controls oversight. This role sits within the business and partners closely with Risk, Compliance, Operations, Technology, and Audit teams to support a scalable, well-controlled business.

Key Responsibilities

Risk & Controls

• Identify process, operational risk, and control gaps across the Deposits business.
• Support RCSA activities, issues management, audit remediation, and regulatory initiatives.
• Develop and maintain controls, procedures, and governance frameworks to ensure compliance with firmwide standards.
• Monitor and report on risk, control, and remediation activities.

Process & Business Management

• Document and enhance end-to-end deposit processes, procedures, and workflows. Conduct periodic team trainings to review these
• Partner with stakeholders to drive process improvements, operational efficiency, and control effectiveness.
• Participate in the design of and launch of new products, pricing initiatives, and business changes by assessing process and control impacts.
• Assist with management reporting, business metrics, and strategic initiatives supporting the Deposits franchise.

Stakeholder Engagement

• Run Deposits governance and risk forums, e.g., Deposits SteerCo
• Regular regional, advisor or client engagement and analysis to identify product or control gaps, issues and opportunities
• Regular engagement with Risk, Compliance, Operations, Technology, and Internal Audit teams to communicate ongoing business priorities.
• Coordinate and/or prepare responses to audits, reviews, and regulatory requests.
• Communicate process changes, risks, and remediation efforts to stakeholders across the business.
• Develop and review all deposits-related materials through a governance and risk lens including trainings, internal and external marketing materials

Skills & Experience

• 3-5 years of experience in Private Banking Operations, Treasury, Operational Risk, Controls, Internal Audit, RCSA, Project Management, or a related first- or second-line function.
• Strong understanding of risk, controls, governance, and process management frameworks.
• Excellent written and verbal communication skills.
• Proven ability to manage multiple workstreams and drive execution across stakeholder groups.
• Strong analytical, organizational, and problem-solving skills.
• Experience with banking products, deposits, treasury services, or liquidity management is a plus.