• Compliance Testing Group, Analyst/Associate

    Location(s) US-UT-Salt Lake City
    Job ID
    2020-59967
    Schedule Type
    Full Time
    Level
    Analyst
    Function(s)
    General
    Region
    Americas
    Division
    Compliance
    Business Unit
    Compliance Testing 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. 

    RESPONSIBILITIES AND QUALIFICATIONS

    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 testing reviews covering the 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 New York, Salt Lake City, London, Warsaw, Tokyo, Singapore, Bengaluru, and Hong Kong) is comprised of individuals with varying backgrounds and experience (former auditors, accountants, regulators, prosecutors, compliance professionals, lawyers and traders).  The individual will work closely with Compliance and business management, and gain an excellent understanding of both the firm's businesses and the rules and regulations under which the firm operates.  

     

    Responsibilities:

    • 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
    • Multi-task work on several different reviews with different individuals at the same time
    • Leverage strong communication skills to interact with Compliance and business senior management
    • Team with colleagues around the globe to share findings and refine processes

    Basic Qualifications

    • Bachelor's Degree
    • 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
    • Knowledge of Microsoft Word and Excel 

    Preferred Qualifications

    • Compliance, auditing, testing, legal, or regulatory/law enforcement experience
    • Experience in the financial services industry, either working for an investment manager, broker dealer, law firm, accounting    firm, or regulator
    • Understanding of accounting, information technology systems, and standard system implementation methodologies
    • Fluency in French, Spanish, German, Italian, Portuguese, Japanese, Korean, or Mandarin Chinese a plus

    ABOUT GOLDMAN SACHS

    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., 2020. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.