Compliance, Regulatory Inventory Traceability Compliance Officer, Executive Director, London
Opportunity Overview
CORPORATE TITLE: Vice President
OFFICE LOCATION(S): London
JOB FUNCTION: Regulatory Compliance
DIVISION: Compliance Division
OUR IMPACT
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.
YOUR IMPACT
Compliance, Legal and the Conflicts Resolution Group (CLC) work at the intersection of finance and control functions, enabling the firm to conduct business with the highest level of integrity. The expertise and experience of the three divisions address the legal, compliance and reputational risks facing Goldman Sachs. 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.
- Global Compliance prevents, detects and mitigates compliance, regulatory and reputational risks across the firm and helps to strengthen the firm's culture of compliance.
- The Legal Division's advice and counsel provided to all areas of the firm are critical for maintaining our commitments to our clients, regulators and shareholders.
- The Conflicts Resolution Group (CRG) evaluates advisory, financing, principal investing, lending and certain other activities to identify actual or perceived conflicts of interest.
The Core Compliance Team is at the forefront of delivering robust compliance risk management in adherence with regulator expectations. We are looking for a team member who can help drive our Enterprise Compliance Risk Management program forward, by collaborating with first and second line teams, including engineering, Operational Risk, business and compliance globally. The successful candidate should demonstrate an understanding of regulatory change management practices, including strategic technology solutions, awareness of financial services businesses and products and regulatory authorities. Individual should be highly organized and comfortable interacting with senior audiences.
We are looking for someone with experience managing regulatory change and mapping activities countries and has experience in operational or compliance risk management. The role requires collaboration, organization and innovation. Examples of duties include:
- Support the design and implementation of strategic and sustainable regulatory inventory and traceability process.
- Align and continuously evolve strategy for managing a Regulatory Inventory and mapping to relevant parts of the Risk Management Framework.
- Engage key stakeholders to make strategic decisions, prioritize implementation plans and manage volumes.
- Oversee consistency across pillars and divisions; identifying and addressing opportunities.
- Facilitate reporting and information sharing.
- Manage regulatory mapping activities across Compliance and the Firm globally.
- Manage vendor content, including identifying opportunities for automation.
- Partner with and direct vendors to deliver against GS expectations.
- Manage requests and exams from outside regulators and internal audit.
- Represent Compliance in first line and second line led remediation efforts.
BASIC QUALIFICATIONS
- 5+ years of experience in Financial Services, with risk, legal, compliance and/or project management experience.
- Bachelor's Degree.
- Professional experience in handling various regulatory change objectives.
- Advanced PowerPoint and Excel skills.
- Program management and reporting capabilities.
- Strong understanding of Compliance program mandates and Operational Risk Frameworks.
- Exceptional analytical, problem solving, critical thinking and project management skills.
- Strong communication and relationship-building skills.
- Experience in delivering high quality work products.
- Ability to manage and advance multiple projects simultaneously.
- Identify and escalate potential issues effectively.
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.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity.
