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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, sales, and trading. We look for those who possess sound judgment, curiosity, and are able to adapt to a changing regulatory landscape.
The Consumer Privacy Office is part of the Consumer Compliance team at Goldman Sachs and has team members in New York and London. The Consumer Privacy Office provides privacy and data protection related support to Goldman Sachs' consumer businesses, including Marcus. The Consumer Privacy Office works with other privacy and data protection stakeholders at Goldman Sachs, including the Data Protection Office, Legal, Information Security and Technology Risk teams, Operations and the business teams that develop new consumer financial products and services.
RESPONSIBILITIES AND QUALIFICATIONS HOW YOU WILL FULFILL YOUR POTENTIAL
As a member of the Consumer Privacy Office in London, your responsibilities will include:
Developing strategy and procedures for responding to data subject requests
Drafting, editing and reviewing responses to data subject requests and data protection-related queries
Drafting and reviewing privacy-related disclosures, including fair processing notices and cookie disclosures, for retail financial products
Developing and maintaining team reporting frameworks and documentation for the Consumer Privacy Office
Liaising with the Data Protection Office and other data protection stakeholders to ensure alignment and communication
Drafting, reviewing, and revising existing data privacy policies, procedures and best practice documents
Incorporating privacy-by-design and privacy-by-default into business, products, new features and technology
Developing and delivering privacy training
Supporting the development and implementation of privacy governance frameworks with key stakeholders in Operations, Compliance, Technology, Legal and Risk
Implementing and overseeing the effectiveness of privacy controls, privacy enhancing technologies, and privacy risk mitigants
Supporting the creation of, and reviewing data processing records and compliance assessments, including data protection impact assessments
SKILLS & EXPERIENCE WE'RE LOOKING FOR
Prior experience in a Data Protection Office, Privacy Risk, Privacy Compliance or Privacy Legal / Paralegal function (1-2 years)
Experience with international privacy regulatory frameworks, particularly GDPR, E-Privacy and other applicable laws and regulations
Experience with handling data subject right requests, including drafting communications to data subjects
Experience with reviewing new and existing products and services from a privacy regulatory perspective
Strong relationship management skills with ability to deepen relationships and build partnerships across the business, including in Operations, Compliance, Technology, Legal and Risk
Comfortable taking the initiative and working across multiple business lines and jurisdictions
Consumer banking industry and products experience, including experience working with call centers would be beneficial
An understanding of digital and retail focused businesses, including new and developing businesses is also advantageous
Certified Information Privacy Professional accreditation or similar accreditation preferred
Excellent writing and organizational skills; experience with Microsoft Powerpoint and Excel
ABOUT GOLDMAN SACHS The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.