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Goldman Sachs

Compliance, Private Wealth Management Compliance, Associate / Vice President, Da

Goldman Sachs, Dallas, Texas, United States, 75215


GLOBAL COMPLIANCE

Our division prevents, detects, and mitigates compliance, regulatory, and reputational risk across the firm and helps to strengthen the firm’s culture of compliance. Compliance accomplishes these through the firm’s enterprise-wide compliance risk management program. As an independent control function and part of the firm’s second line of defense, Compliance assesses the firm’s compliance, regulatory, and reputational risk; monitors for compliance with new or amended laws, rules, and regulations; designs and implements controls, policies, procedures, and training; conducts independent testing; investigates, surveils and monitors for compliance risks and breaches; and leads the firm’s responses to regulatory examinations, audits, and inquiries. You'll be part of a team with members from a wide range of academic and professional backgrounds, such as law, accounting, political science, and criminal justice. We look for those who possess sound judgment, curiosity, and are able to adapt to a changing regulatory landscape.

RESPONSIBILITIES AND QUALIFICATIONS

Job Summary & Responsibilities

Private Wealth Management (“PWM”) Compliance is responsible for supervising the business to ensure compliance with regulations and firm policies as well as assist with the implementation of new regulations and new systems / processes. The team covers many of the businesses within PWM that are constantly growing and changing. We are looking for a team member who wants to be part of growing the business in new dimensions – someone who is equal part visionary and executor. At times, the role will require you to navigate and problem solve with multiple teams and stakeholders. We look to those who possess sound judgement, curiosity, and are able to adapt to a changing regulatory landscape.

As a contributor within PWM Compliance, a successful candidate will be responsible for supporting and organizing Compliance’s involvement in various projects and processes as well as being the key Compliance contact for certain working groups and business lines while developing subject matter expertise in regulations applicable to the business. Additionally, the role will involve working in collaboration with the broader Compliance team in order to deliver high quality work products reflecting attention to detail and analytical prowess.

PWM Compliance is seeking an experienced Associate or Vice President to join our team. In addition to the above, responsibilities may include:

Interacting with the global PWM business and compliance teams on a daily basis

Having knowledge and understanding of different rules and regulations and how they impact the PWM business

Reviewing marketing materials that are used to pitch PWM products and services to clients

Tracking, reviewing, and analyzing regulatory updates and assisting with implementing necessary changes across the business

Preparing supervisory meeting materials detailing key metrics and regulatory issues

Assisting with firm risk assessment processes for PWM business lines

Responding to different regulatory examinations and inquiries pertaining to PWM

Developing and implementing policies, procedures and best practices for PWM

Managing various regulatory projects spanning multiple business lines and stakeholders

Basic Qualifications:

Undergraduate degree

3+ years of relevant experience preferable

Proficiency with Microsoft Word, Excel, and PowerPoint

Excellent time management, analytical, and communication skills

Integrity, motivation, intellectual curiosity, and enthusiasm

Familiarity with financial industry products and markets, as well as corresponding rules and regulations

Preferred Qualifications

Graduate degree in law, business, or other relevant program

Outstanding graduate school and undergraduate credentials

At least three years of relevant post-undergraduate work experience, or, if holding a Masters, PhD, MBA, JD or equivalent, one to two years of relevant experience

Skills and Characteristics:

An ideal candidate should:

Have the ability to quickly grasp complex concepts, including global business and regulatory matters

Exercise strong judgement and decision-making in a collaborative consensus-driven environment

Be interested in and willing to develop expertise in legal, regulatory and compliance issues in the financial industry

Have strong project management skills and ability to see a task to completion

Possess excellent interpersonal skills - team player, able to forge relationships, build consensus, and influence decisions

Work well under pressure and have a positive, hands-on, “can do” attitude

Be able to devise and implement creative and innovative solutions

Possess strong analytical and risk assessment skills as well as concise verbal and written communication skills

Be a self-starter, with the ability to self-educate and work effectively with minimal supervision

Have the ability to multi-task and adapt to new situations and a dynamic work environment

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