Early Careers|Compliance, Securities Division Compliance – Equities, Analyst

Location(s) US-NY-New York
Job ID
2019-56445
Schedule Type
Full Time
Level
Analyst
Function(s)
Compliance
Region
Americas
Division
Compliance
Business Unit
Securities Division Compliance
Employment Type
Employee

MORE ABOUT THIS JOB

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, sales, and trading. We look for those who possess sound judgment, curiosity, and are able to adapt to a changing regulatory landscape. 

 

BUSINESS UNIT OVERVIEW

 

The Securities Division Compliance Monitoring and Surveillance team (”SMS”) is part of the Securities Division Compliance team which provides compliance coverage and support to the Equities and FICC (Fixed Income, Currency and Commodities) Sales and Trading businesses.

SMS’s primary function is to manage compliance and regulatory risk through the development and oversight of controls.

 

SMS helps identify and prioritize the compliance and regulatory risks across the Securities Division businesses, and works to develop and/or enhance appropriate risk control measures to mitigate such risks. The controls include preventative front-end trading system controls and processes, surveillance reports and processes, and management information systems. Post development, SMS performs surveillance reviews and maintains oversight of such controls to ensure the continuing integrity, relevance and proper performance of those controls. On a daily basis, team members are responsible for reviewing a set of surveillance reports and interacting with line compliance and the business to determine whether an exception can be closed or requires further escalation.  Team members also work with colleagues in Audits and Inquiries to provide data and respond to requests from the various regulatory bodies that oversee our business lines.

 

SMS works closely with the Business, Line Compliance and Technology as well as other groups within the Firm.

 

SMS has team members globally across the US, EMEA and Asia, and as such, aims to bring a global perspective and globally co-ordinated approach as well as customized solutions to mitigate local regulatory risks

 

RESPONSIBILITIES AND QUALIFICATIONS

 

Job Description

 

The role of a Securities Division Compliance officer is to assist the firm in preventing, detecting and mitigating compliance, regulatory, and reputational risk within the Securities Division 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 coverage support to the Division’s functional (including sales, trading, and capital markets) and product areas (fixed income, equities, options, etc.), while working closely with other firm departments, including Finance, Operations, Technology, Internal Audit and Legal.

 

Responsibilities

  • Cover Securities Division Equities business personnel (including sales and trading) 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 for Equities professionals
  • 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 desk initiatives

Qualifications

  • Bachelor’s Degree
  • 0 - 2 years Compliance, Legal, Regulatory or Financial Services industry experience
  • Excellent communications skills (oral and written)
  • Knowledge of general trading rules and regulations (SEC, FINRA, NYSE, Nasdaq, CBOE, etc.) preferred
  • Ability to handle multiple tasks simultaneously and work under pressure

ABOUT GOLDMAN SACHS

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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