Compliance, Asset Management Compliance, Associate / Vice President, Hong Kong
May 9, 2022
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.
YOUR IMPACT The role of an Asset Management Compliance officer is to assist the firm in preventing, detecting and mitigating compliance, regulatory, and reputational risk within the Alternative business of Goldman Sachs Asset Management (former MBD, AM Alternatives hereafter) by articulating and maintaining the standards of conduct required of the firm's businesses as well as the laws, regulations and policies governing those businesses. Divisional Compliance provides daily advice to the business units on investing and lending activities, fundraising, Investment Adviser Act requirements, and reputational risk, while working closely with other firm departments, including Finance, Operations, Technology, Internal Audit and Legal. Principal Responsibilities:
Cover Asset Management Alternatives in personnel and provide advice on how to conduct the firm's business in a manner that complies with the vast array of rules, regulations and regulatory expectations.
Develop, draft and maintain Compliance policies and procedures outlining firm requirements, regulations and best practices.
Create and implement Compliance training programs.
Review and advise on product marketing materials.
Perform look-backs, oversight and surveillances to assess compliance risks and breaches.
Assist with regulatory examinations, audits and inquiries.
Analyze new or amended laws, rules and regulations in order to formulate practical solutions to industry-wide issues.
Coordinate with the business, Legal, Technology and other divisions across the firm on new initiatives.
Bachelor's Degree, JD or MBA.
Compliance, Legal, Regulatory or Financial Services industry experience
Excellent communications skills (oral and written.)
Ability to handle multiple tasks simultaneously and work under pressure.
Ability to think through issues logically and make decisions on their own, and make necessary escalation.
No compliance experience necessary, but candidates with experience with regulatory bodies, accounting, banking and finance are encouraged to apply.
Proactive, self-motivated, well-organized and hands on.
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.
We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.
We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html
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