Compliance, Compliance Investigator - Auditor, Vice President
Location: New York, New York
Type: Full Time
Internal Number: 19580465
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.
Business Unit and Role Overview
Compliance Testing Group ("CTG") is seeking an individual who is a self-starter who exudes energy, curiosity, and enthusiasm to conduct compliance reviews covering various firm businesses and divisions. The principal objective of CTG is to create and execute detailed testing to assess compliance with regulations and firm policies, working closely with Compliance and business management to refine firm processes. CTG's global team (with locations in Dallas, New York, Salt Lake City, London, Warsaw, Tokyo, Singapore, and Hong Kong) is comprised of individuals with varying backgrounds and experience (former auditors, accountants, regulators, prosecutors, compliance professionals and traders). The individual will work closely with Compliance and business management and gain an understanding of the firm's businesses and the rules, as well as regulations under which the firm operates.
This is an exciting opportunity for an individual who enjoys investigative work and possesses deep knowledge of wealth, asset or portfolio management, and/or risk management functions across a variety of asset classes. The ideal candidate will possess and leverage their extensive knowledge in wealth or asset management through prior roles (e.g., compliance, financial advisor, sales, product controller, market risk, legal, or audit) to investigate whether activities and practices comply with policies and regulations and the firm's compliance control infrastructure. This individual should be comfortable handling multiple projects, having daily interactions with senior members of the businesses, and supervising junior staff.
Manage local staff by assisting junior staffers in executing their projects and providing investigatory guidance
Propose methods of testing and execute plans discussed and agreed with a team leader
Gather data, perform analyses, and document results
Identify potential compliance, conduct and reputational risks, and effectively escalate to appropriate individuals
Leverage strong communication skills to interact with compliance and senior business management
Execute multiple projects at the same time and meet tight deadlines
Managing a team or functioning as a team's subject matter expert
Broad knowledge of financial products, markets, and laws and regulations such as FINRA rules, SEC rules, and the Investment Company Act of 1940
Excellent interview, presentation, written communication, time management, and analytical skills
Integrity, motivation, intellectual curiosity, and enthusiasm
Prior experience in compliance, product controllers, legal, regulatory, audit or risk management functions covering asset or wealth management and/or global banking and markets businesses
Experience in the financial services industry, either working for an investment manager, broker dealer, law firm, accounting firm, or regulator
Financial instruments product knowledge (a Financial Engineering qualification, CFA, PRMIA or FRM qualifications)
Fluency in French, Spanish, Portuguese, German, Japanese, Korean, or Mandarin Chinese
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
?? The Goldman Sachs Group, Inc., 2021. All rights reserved. Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
Salary Range The expected base salary for this New York, New York, United States-based position is $115000-$250000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.
Benefits Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here .