The Goldman Sachs Group, Inc

Compliance, Core Compliance -Engineering, Artificial Intelligence, Vice President, New York

The Goldman Sachs Group, Inc • $180K — $250K *
New York, NY 10025In-Person
Finance & Insurance
5 - 7 years of experience
Reposted 4 days ago
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Job Overview by Ladders

Qualifications

  • 6-8 years of compliance or risk management experience, preferably in technology risk.
  • Bachelor's degree; graduate degree in information security/risk management is a plus.
  • Familiarity with AI-related risks in the financial sector.
  • Understanding technology risk and associated regulatory compliance.
  • Experience with reading and interpreting relevant regulations and laws.
  • Knowledge of global regulations related to technology, cybersecurity, and data governance.
  • Experience with regulatory agency interactions and audit support.

Responsibilities

  • Coordinate responses to emerging AI regulatory requirements.
  • Develop AI governance pertaining to the firm's internal strategy.
  • Participate in steering groups to ensure integration of AI governance in compliance frameworks.
  • Assist in developing regulatory responses regarding AI use.
  • Advise and influence divisions on regulations and reputational risks.
  • Analyze technology regulations to identify impacts and gaps.
  • Support policy development for technology-related compliance.

Benefits

  • Opportunity to work at the intersection of compliance and emerging AI technologies.
  • Exposure to a wide range of business functions and leaders within the firm.
  • Participation in global compliance initiatives that shape industry standards.
  • Collaborative environment with diverse professional backgrounds for knowledge sharing.
  • Commitment to personal and professional development through training initiatives.
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.

The Core Compliance team provides compliance coverage to the Core divisions, which include Operations, Engineering, Controllers, Corporate Planning & Management, Corporate Treasury, Corporate and Workplace Solutions, Executive Office, Risk, Tax and Human Capital Management divisions. This includes:
  • Conducting risk identification, measurement and assessment
  • Monitoring for compliance with laws, rules, regulations and policies, including the identification and investigation of conduct related issues
  • Participating in firm responses to regulatory examinations, audits and inquiries
  • Performing surveillance and investigations of business activities of the above-referenced Core divisions
  • Testing the effectiveness of controls
  • Writing policies and procedures
  • Communicating regulatory requirements and firm policy expectations to educate others both one-on-one and through compliance learning initiative

ROLE, RESPONSIBILITIES, AND QUALIFICATIONS

As part of the Americas Core Compliance team, you will provide compliance support and coverage for the firm's Engineering division, with a particular focus on governance and controls related to the firm's emerging use of Artificial Intelligence. In this role, you will have the opportunity to collaborate with various teams and divisions on the integration of artificial intelligence (AI) within the Firm. You will also participate in region-wide and global initiatives to enact the Global Compliance mandate and Business Unit priorities. To fulfill this role and responsibilities, you will need to:
  • Help co-ordinate and participate in the delivery of the firm's response to emerging regulatory requirements related to the adoption of AI
  • Assist in the ongoing development of AI governance as it pertains to the firm's internal AI strategy and framework
  • Actively participate in key steering groups and control forums related to AI to ensure governance processes are integrated into the broader Compliance framework
  • Assist in developing responses to regulatory and client inquiries in relation to the firm's use of AI
  • More broadly, advise, challenge, and influence the Engineering Division and business divisions in relation to regulations, policies, and reputational risk
  • Brief senior leadership on risks identified and ensure stakeholder investment
  • Analyze and conduct ongoing reviews of technology regulations, agency guidance, trends and enforcement actions to assess the impact to the firm and identify potential gaps
  • Partner with the impacted groups to ensure the business is able to support new requirements
  • Coordinate with counterparts in other jurisdictions to ensure the firm is meeting technology related regulatory requirements globally
  • As needed, support development and analysis of technology-related policies, standards and processes to ensure compliance with applicable regulations and requirements
  • Recommend compliance testing or forensic work to be performed
  • Develop and deliver communications and training to the Engineering Division and other Core teams
  • Coordinate with the broader Core Compliance team on specific initiatives and projects

QUALIFICATIONS AND SKILLS

A strong candidate for The Core Compliance team will satisfy the following criteria:
  • At least 6-8+ years of work experience, experience as a compliance officer or in a risk management role focused on technology risk preferable
  • Bachelor's degree or higher, graduate degree in information security/risk management a plus, but not required
  • Familiarity of risks associated with the deployment and implementation of AI technologies within the financial sector
  • Good understanding of the risks associated with technology functions
  • Experience reading and interpreting regulations, laws and statutes
  • Understanding of the global regulatory environment as it relates to technology, cyber security, information security, data governance, and artificial intelligence
  • Experience in cyber regulatory requirements and technology incident reporting is a plus
  • Experience interacting with regulators, or supporting regulatory audits or inquiries
  • Intellectual interest in new and emerging technologies, opportunities and risks, including artificial intelligence

A strong candidate for The Core Compliance team will possess the following skills:
  • Clear, concise communications skills; able to communicate with impact at senior levels
  • Able and willing to challenge; comfortable with inter-personal conflict; able to build strong professional rapport with stakeholders while maintaining independence as a risk manager
  • Work independently. Exercise sound judgment, ethics and integrity
  • Fast learner; able to adapt to business and regulatory changes; interest to challenge status quo and find new solutions
  • Well organized with the ability to manage both longer term projects and daily, often time-sensitive, escalations
  • Strong analytical, technical and problem-solving skills, with the ability to exercise sound and balanced judgment
  • Take ownership of tasks, progress them independently, and escalate to senior stakeholders when required
  • Proficient in using technology; able to analyze data sets and summarize findings; comfortable learning new technologies, both as a user and to identify risks
  • Team-oriented and supportive of others' success; comfortable representing a team work product to stakeholders

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
Finance & Insurance
Net Income
$9.4 billion
Founded
1869
5 Year Trend
+11.3%
Revenue
$53.4 billion
NASDAQ
GS
* Ladders Estimates

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