• Compliance, Regulatory Practice Group, Firmwide Compliance Program, Senior Analyst

    Location(s) US-NY-New York
    Job ID
    2019-57702
    Schedule Type
    Full Time
    Level
    Analyst
    Function(s)
    Compliance
    Region
    Americas
    Division
    Compliance
    Business Unit
    Regulatory Practice Grp
    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. 

     

    Overview

     

    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, as well managing various Firmwide Compliance Programs.  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 Firmwide Compliance Program (“FCP”) team as a Senior Analyst.  The FCP team within the Regulatory Practice Group is responsible for the governance and maintenance of various firmwide compliance frameworks, examples include: Volcker, supervisory rules, committee governance, and certain bank holding company regulations.  The Volcker Compliance Program and Supervisory Certifications Management frameworks, for example, focus on enterprise wide compliance risk management pertaining to BHC Act regulations and programs such as, the Volcker Rule Compliance Program (“VCP”), governance processes associated with the Volcker-related system of internal controls, firmwide supervisory compliance and related certifications, and issue management. The team also provides periodic management reporting on various compliance metrics to senior management, committees and the Board of Directors.

     

    RESPONSIBILITIES AND QUALIFICATIONS

    Responsibilities

     

    Principal Responsibilities include:

    • Contribute to the design and help oversee the governance framework over the development, periodic review and change management of the inventory of internal controls related to the VCP
    • As part of the management of the Volcker-related system of internal controls, facilitate sessions with control owners to review and assess control design; prepare control design assessment reports
    • Assist in the development of meeting material to be used during the Supervisory Certification meetings in support of Volcker, FINRA and other regulatory certification requirements
    • Execute monthly and quarterly control processes required as part of the Volcker, Supervisory and related Bank Holding Company act compliance frameworks
    • Assist in the development and ongoing maintenance of the technology platforms that support the Supervisory Certification and related processes
    • Action ad hoc requests and initiatives

    Qualifications

     

    • Bachelor’s degree;
    • 1 to 3 years of relevant work experience;
    • Proficiency with Microsoft Word, Excel and PowerPoint;
    • Excellent time management, analytical and communication skills;
    • Attention to detail and strong follow-up skills;
    • Integrity, motivation, intellectual curiosity and enthusiasm;
    • Ability to learn quickly and work through complex issues;
    • Understanding of Compliance related internal controls design, implementation and testing;
    • Exceptional judgment skills– ability to identify and effectively escalate potential issues;
    • Exceptional interpersonal skills – engaging, communicative, assertive, persuasive, courteous and the ability to work with people across all levels of seniority;
    • Project management experience with proven ability to build rapport with stakeholders and appropriately exercise judgment in a collaborative, consensus-driven environment
    • Prior regulatory experience (inclusive of Volcker and FINRA) and/or management consulting background beneficial but not mandatory
    • Prior experience with SOX, Internal Audit or Compliance Testing functions beneficial but not mandatory

    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



    © The Goldman Sachs Group, Inc., 2020. All rights reserved.
    Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity