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.
Our business principle #2 states: “We are dedicated to complying fully with the letter and spirit of the laws, rules and ethical principles that govern us. Our continued success depends upon unswerving adherence to this standard.”
It is the role of Goldman Sachs’ Global Compliance Division to help ensure that every employee and client of the firm upholds this principle. Accordingly, the Division is viewed as an integral part of the firm, enabling it to conduct business confidently in complex global markets.
Part of the Global Compliance Division, the firm’s Regulatory Practice Group (“RPG”) is a dynamic, global team of more than 50 professionals charged with interfacing with regulators on regulatory examinations and inquiries received in jurisdictions worldwide. Led by a Global Head in New York, the team has members in Bengaluru, Hong Kong, Jersey City, London, New York, Sydney and Tokyo.
The RPG team for the Americas is looking for a talented individual to join its New York team as a Vice President, to serve as RPG’s Global Technology Coordinator. The position will be based at Goldman Sachs’ global headquarters in Manhattan.
Because technology plays an integral part in the firm’s provision of financial services to firm clients, it also plays a critical role in the firm’s responses to requests for information received from financial industry regulators globally. These information requests, which seek to test Goldman Sachs’ compliance with the laws and regulations applicable to its many businesses, routinely require the production of documentation and data that is created and/or maintained in a wide array of firm systems. For example, a regulatory inquiry may require the production of client account statements from an electronic storage location, client position information from an electronic position ledger, and a detailed audit trail of client trading activity from the firm’s electronic trading systems.
As RPG’s Global Technology Coordinator, you will serve as the key liaison between RPG team members (in all regions) and Engineering teams globally for the purposes of:
As suggested by the above description, applicants need to have significant experience either as a member of an Engineering team within the financial industry, or in a role that involved regular work with Engineering teams. In particular, applicants should have experience with systems used to create or maintain one or more of the following data types: CFTC, SEC or FINRA regulatory reporting, order and execution audit trails (equities, options, bonds, futures), account position information, and/or trade allocation information. Familiarity with the challenges attendant to data gathering across multiple systems and businesses will be an advantage.
In addition, a RPG Vice President must have the ability to:
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.