Commitment to Talent: Goldman Sachs Black Analyst and Associate Initiatives
As part of the firm’s ongoing commitment to having the best talent at all levels, Goldman Sachs launched its third-annual Black Analyst Initiative (BAI) in the Americas and inaugurated the Black Analyst and Associate Initiative in EMEA this fall. These programs focus on growing and retaining a diverse talent pipeline for the firm and empowering managers to develop and retain talent.
With the support of senior sponsors, the program fosters relationships among participants, coaches and managers. Career development coaches work closely with participants and their managers to develop short and long-term career goals, consider mobility and networking opportunities, and discuss pathways to promotion. Senior sponsors also host roundtable discussions and collect participant experiences to share with divisional leadership as the initiative progresses.
“The Black Analyst Initiative was designed to provide all participants, including the managers, coaches and senior sponsors, with the opportunity to contribute to our collective effort of building the best talent at the firm,” said Edith Cooper, global head of Human Capital Management. “We are proud of the program’s results to date and look forward to more success in the future as we expand our efforts.”
BAI formally expanded to EMEA in 2016 and is supported locally by senior management through the EMEA Senior Diversity Council. Collectively, the Americas and EMEA initiatives engage more than 1,000 participants, managers and coaches and are supported by 55 senior sponsors globally.