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Human Capital Management
Goldman Sachs Veteran RecruitingTalent Acquisition Initiatives and Programming
Americas Diversity Recruiting
2015
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Americas Talent Acquisition Initiatives Goldman Sachs Veterans Recruiting
Veterans Integration Program (VIP)
– Firmwide veterans internship program aimed at recently separated service members—program runs for 8 weeks and provides participants education around financial services, professional skills, GS culture and financial products; as well as the opportunity to complete substantive work and network with senior leaders
– Initiative expanded into separate UK and India program
Veterans On Wall Street (VOWS)
– 2014 VOWS Hiring Symposium hosted in partnership with Citigroup and Deutsche Bank at 200 West ; employment symposium with more than 300 transitioning service members, and 400 senior leaders from over 150 companies, 20 government agencies, and 30 non-profits
Morning Session: opportunity for transitioning veterans to learn about career opportunities in various industries and how to best position themselves for success
Afternoon Session: opportunity for senior business leaders and human resource professionals interested in veterans’ affairs to hear from organizations on how they are overcoming the challenges associated with veteran hiring and maximizing their efforts
Veteran Conferences/Partnerships
– Diversity Recruiting partners with various veteran organizations for conference attendance, informational sessions, marketing, and sourcing opportunities
Conferences: Service Academy Career Conferences (SACC), US Chamber of Commerce Hiring Our Heroes, Military MOJO, Academy Women, Veterans MBA Conference
Partnerships: Wall Street Warfighters, American Corporate Partners (ACP), campus veteran clubs
Goldman Sachs Veterans Career Summit
– One day program for veterans seeking more information about career opportunities in the financial services industry; open to undergraduate sophomores and juniors, 1st year MBA students, and all transitioning military members; ~120 veterans attend this event hosted at 200 West
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Veterans Integration Program (VIP)Goldman Sachs Veterans Recruiting
Launched in 2012, the Goldman Sachs Veterans Integration Program (VIP) is an eight-week program that provides transitioning Service men and women exiting the military an opportunity for professional skills training and education in financial services. Similar to a student internship, the VIP offers a guided period of exploration and skills cultivation in a new and dynamic work environment. This program reinforces our vision of the firm as an employer of choice and strengthens our brand as a corporate leader in our focus on veterans. This Firmwide initiative is managed by the Americas Diversity Recruiting Team with close connectivity to the Veterans Network.
2012
350 applicants, 61 candidates interviewed
Initial class of 15 veterans
7 participating divisions
2013
450 applicants, 127 candidates interviewed
Class size doubles to 38 veterans
Divisional participation increases to 14
Geographic footprint expands to include London, Salt Lake City, Irving
2014
550 applicants, 190 candidates interviewed
Class increased to 73 veterans
London runs focused EMEA program; pilot program launched in Bangalore
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2015 VIP Overview, Stats & HighlightsGoldman Sachs Veterans Recruiting
The Goldman Sachs Veterans Integration Program (VIP) ensures that veterans, including those with a disability, have the resources and support they need to transition back into the civilian workforce. Each program participant becomes an integral part of the firm, leading critical projects and refreshing professional skills. Veterans receive two rounds of 360º feedback from peers and managers, participate in weekly team meetings, and present deliverables to senior managers. In addition to their day-to-day roles, participants take advantage of trainings and networking opportunities with senior management. The program provides a window into full-time open roles at Goldman Sachs.
Programming for the 2015 VIP included a comprehensive five-day orientation with capital markets training, panel discussions, roundtables with senior leaders and Excel training. In addition, each returnee was paired provided Goldman Sachs Veterans Network mentor and a buddy from the 2014 program help them acclimate to the firm’s culture.
550+ applications; 9.0% program offer rate
− 250+ phone screened by Goldman Sachs Veterans Network
− 100+ candidates attended on-site Superdays Class size of 51
− 41 NY/NJ | 7 SLC | 3 Dallas
Divisional Breakdown
Class Demographics
Participant Highlights Olympic medalist in Athens & Beijing; member of SEAL
Team Five Candidate member of SEAL Team Six Two pilots for Presidential aircraft “Marine One” Speechwriter for the first female 4 star Admiral US Navy Two candidates hold PhDs Candidate member of Royal Air Force Candidate was a professional soccer player
IBD 9 Operations 9 Compliance 1IMD 7 Technology 7 IA 1Securities 4 Finance 4 Legal 1MBD 1 HCM 3 Services 1GIR 1 RMD 2
- 35% Army- 29% Navy- 18% Air Force- 18% Marines
- 8.3 Avg Years of Service- 25 Advanced Degrees- 42 Participants with Middle East
Deployments
Program Overview 2015 Stats & Highlights
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Veteran Recruiting ResourcesGoldman Sachs Veterans Recruiting
Resume 101 for Veterans
Marketing Flyers
Videos
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Mission StatementGoldman Sachs Veterans Network
The Goldman Sachs Veterans Network provides firmwide leadership on
veterans’ affairs. As a bridge to the active duty ranks, the network helps the firm
recruit talented troops who are transitioning to the civilian workforce. Internally,
we enhance the professional development and retention of the firm’s veterans
– including those currently serving in the Guard and Reserve – and advise the firm
on military-related engagement (e.g., charitable organizations, veteran-owned
business partnerships and community service). Our vision is to ensure that
Goldman Sachs is a military employer-of-choice and a corporate leader on its
commitment to veterans."
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Engagement StructureGoldman Sachs Veterans Network
Recruiting Awareness Community Engagement
Professional Development
VIPExternal Partnerships
Community TeamWorksVOWS
Veterans Month Additional Programming
Reservists Roadmap Mentoring Program
Communications
Regional Connectivity