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.
The Goldman Sachs Group, Inc. is a leading global financial services firm providing investment banking, securities, and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments, and high-net-worth individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in London, Hong Kong, Tokyo, Salt Lake City, Singapore, Bengaluru, Warsaw, and other major financial centers around the world.
This is an exciting opportunity for an individual who is a self-starter who exudes energy, curiosity, and enthusiasm to join the firm's Compliance Testing Group to conduct forensic reviews covering the various firm businesses and divisions. In performing these reviews, the individual will use advanced testing techniques to check compliance with regulations and the firm's policies, procedures, and compliance control infrastructure. This individual should be comfortable handling multiple projects and having daily interactions with senior members of the businesses and other Federation Divisions, including, among others, portfolio managers, private wealth managers, traders, sales employees, investment bankers, research analysts, and technologists.
The Regional Regulatory Affairs team provides centralised compliance functions for the businesses and legal entities based in the Regional Offices (e.g. Milan, Madrid, Paris, Moscow, Dubai...) They are responsible for the management of the firm's risks by ensuring adherence to laws, rules and regulatory requirements in the businesses working in or into the regional office. They interact with local Regulators, monitor trends and changes in regulations, develop and implement polices, procedures and controls. Their local Compliance Programs leverage Firmwide and Divisional elements, includes certain local controls implemented and requires monitoring, forensics and assurances be conducted
The individual will work closely with Compliance teams across Europe and gain an excellent understanding of both the firm's businesses and the rules and regulations under which the firm operates.
RESPONSIBILITIES AND QUALIFICATIONS HOW YOU WILL FULFILL YOUR POTENTIAL
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 - have the ability to work on several different reviews with different individuals at the same time
Leverage strong communication skills to interact with Compliance and business senior management
Automate and improve the review process
Meet tight deadlines
SKILLS & EXPERIENCE WE'RE LOOKING FOR
Integrity, motivation, intellectual curiosity, and enthusiasm
Knowledge of Microsoft Word and Excel is a must
Knowledge of Alteryx and other Data Analytics and Visualization tools is preferred
Broad knowledge of financial products, markets, and European laws and regulations
Fluency in English - Excellent written English skills, with ability to describe complex issues in a clear and concise manner
Excellent interview, presentation, communication, time management, and analytical skills
Fluency in other European languages, especially French, Spanish, Italian, or German
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 or Big 4 financial services advisory firm, or a national regulator
Understanding of accounting, information technology systems, and standard system implementation methodologies
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.