• Compliance, PWM Compliance - Insurance, Associate

    Location(s) US-TX-Dallas | US-NY-Albany
    Job ID
    Schedule Type
    Full Time
    Business Unit
    PWM Compliance
    Employment Type


    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. 


    Job Summary & Responsibilities


    Goldman Sachs Global Compliance is dedicated to protecting the reputation of the firm, managing risk and helping to advance the business of the firm. From global financial centers to important developing markets, Global Compliance professionals interpret and ensure compliance with regulatory requirements and determine how the firm can appropriately pursue global market opportunities. Global Compliance is organized broadly into divisional compliance groups and centralized compliance groups. This position sits in divisional compliance, supporting PWM Compliance’s insurance and annuity business.


    We are searching for a qualified individual to fill a compliance position focused on the digital and consumer activities based in either Albany, NY or Dallas, TX.

    As part of our team, the primary responsibilities will include:

    • Interacting with the cross- divisional business and compliance teams on a daily basis
    • Developing and monitoring insurance specific surveillances focused on compliance with regulatory and/or internal controls
    • Developing and implementing policies, procedures and best practices for digital and consumer offerings of insurance and annuities by the firm
    • Identify, escalate and assist in remediating errors and policy violations
    • Support and advise the business on new initiatives and product offerings
    • Training on new and existing legal, regulatory and firm procedures
    • Assist with internal and regulatory audits

    Basic Qualifications:

    • Bachelor’s degree required
    • 1-2 years of relevant experience
    • FINRA Series 6 or 7 and life and health insurance licenses preferred

     Skills and Characteristics:


    An ideal candidate should:

    • Be interested in and willing to develop expertise in legal, regulatory and compliance issues in the insurance industry
    • Possess excellent interpersonal skills - team player, able to forge relationships, build consensus, and influence decisions
    • Work well under pressure and has 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 quick learner and self-starter, with the ability to work effectively with minimal supervision.
    • Have the ability to multi-task and adapt to new situations and a dynamic work environment.


    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.

    © The Goldman Sachs Group, Inc., 2019. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.