Compliance, GBM Private Compliance, Vice President, New York

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.

Job Summary & Responsibilities

The candidate will be an integral member of the Global Banking & Markets Private Compliance team ("GBM Private Compliance"). Global Banking & Markets Private ("GBM Private") offers an array of investment banking activities, including underwriting, lending and advisory services, to clients in a wide variety of industry sectors.

GBM Private Compliance is responsible for assisting GBM Private bankers with business, regulatory and compliance-related matters. In addition to working collaboratively with fellow team members and global counterparts within GBM Private Compliance, the candidate will regularly interact with individuals in GBM Private, other compliance teams and other Goldman Sachs departments, including Legal, Internal Audit, Finance, Operations, Technology and the Conflicts Resolution Group.

The candidate's responsibilities would include:

• Providing advice and compliance oversight to GBM Private personnel on transactions, new business initiatives and significant business changes affecting the firm, as well as compliance, regulatory and reputational issues.
• Assisting in responding to regulatory inquiries and investigations.
• Developing and implementing policies, procedures and best practice standards for GBM Private.
• Creating and implementing new controls and surveillances to mitigate risks to the firm by analyzing the transactional processes used in GBM Private, as well as the activities and actions of individual bankers.
• Assisting other compliance teams in monitoring GBM Private activities to help ensure adherence to applicable laws, regulations and firm policies and procedures, including developing and executing surveillance and other forensic compliance programs.
• Creating and implementing live and online compliance training programs to educate business professionals on applicable compliance requirements, legal issues and regulatory changes.

Required Experience/Skills

The candidate should:

• Be detail-oriented and able to produce quality work product, even when working under tight time frames.
• Be able to effectively summarize, communicate and defend positions.
• Be a critical thinker who is willing to challenge the status quo.
• Possess strong analytical, organizational, researching and fact-gathering skills.
• Be a pro-active team player, who enjoys working collaboratively.
• Be a quick learner who can adapt well to a fluid regulatory and business environment.
• Possess effective interpersonal and communication skills.
• Have the ability to multi-task and adapt to new situations and a dynamic work environment.
• Work well under pressure and have a positive, hands-on, "can do" attitude.
• Be a quick learner and self-starter, with the ability to work effectively with minimal supervision.
• Be creative, with the ability to devise and implement innovative solutions.

Basic Qualifications

• Bachelor's degree; JD preferred
• 6+ years experience in compliance, law and/or finance, preferably related to investment banking transactions
• Strong project management skills
  
  

ABOUT GOLDMAN SACHS

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