YOUR IMPACT
The Private Bank is a business unit of the Asset and Wealth Management Division (AWM) that provides tailored lending and banking products, such as bank loans, mortgages, deposits and margin financings, to high-net-worth clients of the firm's global Wealth Management businesses. The Private Bank has an ambitious growth agenda which will require more investment in appropriately managing operational and regulatory risks.
The Private Bank has established a GRA team of seven with one in Frankfurt, three in London and three in New York. We are also hiring in Dallas. The global head of the GRA Team sitting in London. The GRA Team has established and oversees a robust governance and controls program, proactively managing the Private Bank's regulatory relationships and requirements across the broad range of jurisdictions in which it operates, examining processes and procedures to drive increase business efficiency and profitability, and providing legal and regulatory expertise in structuring specific transactions. The three principal areas the GRA team focuses on are, (i) governance and controls; (ii) regulatory oversight and reporting and (iii) transaction execution and projects.
As part of the firm's desire to increase durable revenues, the Private bank is growing. The GRA team is integral part of the Private Bank's first line of defence.
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.
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