The Goldman Sachs Group, Inc

Compliance, Asset Management Compliance, Vice President, New York

The Goldman Sachs Group, Inc$115K — $250K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree, JD or MBA required
  • 4 - 6 years of experience in Compliance, Legal, Regulatory or Financial Services
  • Strong communication skills, both oral and written
  • Excellent judgment and organizational skills
  • Proven project management capabilities
  • Ability to multitask in a fast-paced setting

Responsibilities

  • Provide compliance oversight and advice to AMD personnel
  • Develop and maintain compliance policies and procedures
  • Create and deliver compliance training sessions
  • Review marketing materials for regulatory compliance
  • Conduct testing and forensic reviews to identify compliance risks
  • Assist with regulatory exams and audits
  • Analyze new regulations to create practical solutions
  • Coordinate with business units on new initiatives and regulatory needs

Benefits

  • Comprehensive health and wellness offerings
  • Competitive retirement plans
  • Employee training and development programs
  • Work-life balance initiatives
  • Access to various employee resource groups
Full Job Description
Job Description

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 Description

This position sits in divisional compliance and is focused on Goldman Sachs' Asset Management Division ("AMD"). AMD delivers innovative investment solutions through a global, multi-product platform that offers clients the advantages that come with working with a large firm, while maintaining the benefits of a boutique. AMD's clients are global, with complex challenges that require deep investment expertise and dedicated client service to help them achieve their unique investment goals. AMD serves a diverse range of clients - individuals, financial advisors, and institutions - who rely on AMD to help them understand markets, deliver innovative investment solutions and plan for their future.

AMD Compliance is seeking a mid to senior level compliance professional to join the US AMD Compliance team. AMD Compliance provides daily advice to AMD's various business teams on portfolio management, investing and lending activities, fundraising, the Investment Advisers Act, Investment Company Act, reputational risk, and other various regulatory requirements. The individual will interact with different business lines and control functions, including AMD's Portfolio Management teams, Sales, Finance, Operations, Engineering, Legal, and Internal Audit. The ideal candidate will have a strong interest in understanding AMD's business model and operational processes.

Responsibilities
  • Provide Compliance oversight and support for AMD personnel and provide advice on how to conduct AMD's business in a manner that complies with the vast array of applicable rules, regulations and regulatory expectations
  • Develop, draft and maintain compliance policies and procedures outlining firm requirements, regulations and best practices
  • Create and deliver compliance trainings
  • Review and advise on product marketing materials used to pitch AMD's products and services
  • Perform testing, including the review of surveillances and conducting forensic reviews to assess compliance risks and identify potential breaches
  • Assist with regulatory examinations, audits and inquiries
  • Analyze new or amended laws, rules and regulations in order to formulate practical solutions to industry-wide issues
  • Coordinate with the business and other internal stakeholders to assist with new business initiatives and regulatory requirements

Qualifications
  • Bachelor's Degree, JD or MBA
  • 4 - 6 years of Compliance, Legal, Regulatory or Financial Services industry experience
  • Excellent communications skills (oral and written), judgment, organizational skills, and project management skills
  • Ability to handle multiple tasks simultaneously and work in a fast paced environment


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.

About The Goldman Sachs Group, Inc

The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services, as well as financial services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. Its Investment Banking segment offers financial advisory services, including advisory assignments concerning mergers and acquisitions, divestitures, corporate defense, risk management, and restructurings and spin-offs; and underwriting services comprising public offerings and private placements of a range of securities, loans, and other financial instruments, and derivative transactions. The company’s Institutional Client Services segment provides client execution services, such as fixed income, currency, and commodities client execution related to making markets in interest rate products, credit products, mortgages, currencies, and commodities; and equities related to making markets in equity products, as well as executes and clears institutional client transactions on stock, options, and futures exchanges. This segment also engages in the securities services business providing financing, securities lending, and other brokerage services to institutional clients, including hedge funds, mutual funds, pension funds, and foundations. Its Investing and Lending segment originates longer-term loans; and invests in debt securities, loans, public and private equity securities, real estate, consolidated investment entities, distressed assets, currencies, commodities, and power generation facilities. The company’s investment management segment provides investment products and services, as well as offers wealth advisory services, including portfolio management and financial counseling, and brokerage and other transaction services.

The Goldman Sachs Group, Inc. Careers

Join the prestigious team at The Goldman Sachs Group, Inc., a global leader in finance and investments, and propel your career to new heights. Our firm is renowned for its commitment to excellence, innovation, and leadership in the financial sector.

Work You’ll Do

At Goldman Sachs, you will be part of a dynamic environment that fosters growth, diversity, and professional development. Engage in transformative projects that redefine the landscape of global finance, driven by a culture of high performance and continuous improvement.

Lead with Innovation and Leadership

Step into a role where your skills will be honed and your leadership capabilities enhanced. The Goldman Sachs Group, Inc. is at the forefront of merging financial expertise with technological innovation, creating a platform for you to lead impactful initiatives.

Join Our Diverse and Inclusive Team

Diversity and inclusion are at the core of our company culture. With employees from various backgrounds, Goldman Sachs thrives on the rich ideas and perspectives that this diversity brings. Here, every team member’s contribution is valued, and every voice is heard.

Explore Job Opportunities and Internships

Whether you’re seeking full-time employment or looking into internship opportunities, Goldman Sachs offers a range of positions that cater to different skills, experiences, and career aspirations. From analyst to executive positions, discover how you can contribute to our legacy of success.

Networking and Professional Growth

Goldman Sachs is not just a workplace. It is a community where you can build lasting relationships with colleagues and industry leaders. Our networking events, mentorship programs, and professional groups foster connections that can accelerate your career trajectory.

Benefits and Career Development

Invest in your future with Goldman Sachs’ unparalleled employee benefits and career development programs. From comprehensive health benefits to personalized career coaching and leadership training, we ensure that our team is equipped for success, both professionally and personally.

Prepare for Your Future

Ready to take the next step? Prepare your resume, sharpen your interview skills, and explore the vast array of job opportunities at The Goldman Sachs Group, Inc. Our hiring process is designed to identify and nurture talent, helping you to achieve your career goals.

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Join The Goldman Sachs Group, Inc.

Embark on a rewarding journey with The Goldman Sachs Group, Inc. where your potential is limitless. Explore positions, read about our company culture, and apply today to become part of a team that values growth, leadership, and innovation.

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At The Goldman Sachs Group, Inc., your career is just the beginning – it’s an opportunity to excel and lead in the global financial industry. Join us and make your mark!
Learn more about The Goldman Sachs Group, Inc
Size
45,100 employees
Market Cap
$115.8 billion
Industry
Net Income
$9.4 billion
Founded
1869
5 Year Trend
+11.3%
Revenue
$53.4 billion
NASDAQ

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