Job Information
Goldman Sachs & Company Compliance, Compliance Testing - Global Banking & Markets, Vice President in New York, New York
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 understanding of both the firm's businesses and the rules and regulations under which the firm operates.
This is an exciting opportunity for an individual who enjoys investigative work and possesses deep knowledge of sales and trading, portfolio management and/or risk management functions across a variety of asset classes. An ideal candidate will leverage their prior experience in sales and trading, strategist, market risk, product controllers, legal, or audit to investigate whether activities and practices are in compliance with policies and regulations and the firm's compliance control infrastructure. This individual should be comfortable handling multiple projects and having daily interactions with senior members of the businesses and engineers.
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
- Leverage strong communication skills to interact with Compliance and senior business management
- Team with colleagues around the globe to share findings and refine processes
- Execute multiple projects at the same time and meet tight deadlines
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
- Knowledge of products, the securities business and sales practices, i.e., prior experience in sales and trading, product controllers, compliance, legal, regulatory, audit or risk management functions Excellent interview, presentation, written communication, time management, and analytical skills
- Integrity, motivation, intellectual curiosity, and enthusiasm
- Knowledge of Microsoft Word and Excel; knowledge of Access, Alteryx and PowerPoint is useful
Preferred Qualifications:
- Deep understanding of the products offered by the Equities, Foreign Exchange, Interest Rates, Commodities or Credit Markets trading desks
- Financial instruments product knowledge (a Financial Engineering qualification, CFA, PRMIA or FRM qualifications)
- Experience in the financial services industry, either working for an investment manager, broker dealer, law firm, accounting firm, or regulator
- Understanding of risk management, accounting, information technology systems, and standard system implementation methodologies
- Fluency in French, Spanish, German, Italian, Portuguese, Japanese, Korean, or Mandarin Chinese
Salary Range
The expected base salary for this New York, New York, United States-based position is $115000-$250000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.
Benefits
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.
The Goldman Sachs Group, Inc., 2018. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.
Minimum Salary: 115000.00 Maximum Salary: 250000.00 Salary Unit: Yearly