The Goldman Sachs Group, Inc

Compliance, Business Intelligence Group, Associate, Dallas

The Goldman Sachs Group, Inc$80K — $120K *
Legal & Accounting
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3+ years in legal, regulatory, accounting, compliance, or finance roles
  • Experience with risk assessment in reputational, legal, regulatory, and environmental contexts
  • Proficiency in online research and database tools
  • Excellent oral and written communication abilities
  • Familiarity with investment banking operations and related transactions
  • Interest or experience in ESG (Environmental, Social, and Governance) considerations
  • Strong analytical skills and intellectual curiosity

Responsibilities

  • Conduct due diligence on transactions to evaluate reputational risks
  • Analyze reputational issues including FCPA compliance and human rights concerns
  • Collaborate with various departments to inform risk management decisions
  • Gather risk-relevant data from diverse sources such as media and public records
  • Coordinate with external consultants and legal counsel during the due diligence process
  • Review independent reports on regulatory compliance and environmental impacts
  • Prepare summaries for business areas and firmwide committee analysis

Benefits

  • Collaborative work environment with diverse team backgrounds
  • Opportunities for professional development in risk management
  • Exposure to high-stakes transactions and decision-making processes
  • Access to a broad range of informational resources and databases
  • Engagement in special projects that contribute to overall firm strategy
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.

Business Intelligence Group Overview

The Business Intelligence Group ('BIG') is an advisory group in the Legal and Compliance Division that focuses on legal, regulatory and reputational risk, in relation to transactions across all divisions of the firm. BIG supports certain of the firm's business lines and many of the firm's committees in their efforts to make fully informed commercial and reputational risk management decisions. BIG is composed of individuals with a diverse set of backgrounds, including lawyers, researchers, accountants, risk managers, etc, many of whom have prior regulatory, government, audit and/or transactional due diligence experience.

The BIG Americas team has offices in New York and Dallas and primarily covers transactions originating from North, South and Central America. Both offices work collaboratively across all transaction reviews and BIG operations

Role Overview
  • Conduct legal, regulatory and financial due diligence to assess reputational risk in a variety of transactions and business relationships
  • Reputational issues analyzed by BIG include FCPA/anti-bribery compliance, environmental/social responsibility concerns, geo-political risk, financial irregularities, litigation risk, controversial products/services, human rights issues, data privacy, etc.
  • Clients include revenue-generating departments across all divisions of the firm, as well as areas within the control side
  • Identify and evaluate risk-relevant information from a variety of sources, including but not limited to: online media, proprietary databases, regulatory lists, public filings, litigation records, research reports, various internet sources
  • Instruct and liaise with external investigative consultants, evaluate reports and help drive the due diligence process to address risks identified, coordinating with in-house lawyers, external counsel, compliance and business teams. Liaise with internal and external legal counsel on risks which merit further due diligence
  • Review and analyze various independent due diligence reports on topics including regulatory compliance, internal controls, environmental impact, etc.
  • Analyze risk-relevant portions of financial statements and public filings
  • Prepare summary and presentation materials for analysis by relevant business areas and firmwide committees
  • Responsible for developing relevant industry/regional expertise and anticipating potential reputational risks
  • Other special projects on an ad hoc basis

Skills and Experience:
  • Approximately 3 or more years of legal/regulatory, accounting, compliance or other financial experience
  • Risk assessment skills and experience, preferably involving reputational, legal, regulatory, environmental and general compliance topics.
  • Strong technical proficiency - experience in online research and databases preferred
  • Excellent analytical and communication skills (both oral and written)
  • General experience dealing with the investment banking industry and knowledge of various types of investing and lending transactions
  • Additional experience in an ESG (Environmental, Social and Governance) risk-related role is a plus
  • Demonstrates a strong sense of intellectual curiosity and interest in current events
  • Team player with inherent commercial judgment
  • Ability to work effectively in a fast-paced and, at times, high pressure environment
  • Strong sense of discretion with respect to highly confidential information
  • CPA, CFA, JD/attorney license CFE designations are a plus, but not required
  • Preferred, but NOT required: additional language skills

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.

Stay Connected

Keep up to date with the latest from Goldman Sachs Careers by subscribing to our job alert emails. Tailor your preferences to receive updates that match your career interests and stay ahead in the competitive financial sector.

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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