The Goldman Sachs Group, Inc

Compliance, Enterprise Compliance Office- Risk Assessments, Associate, NY

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

Qualifications

  • Bachelor's degree required
  • Experience with risk and control self-assessments or compliance risk assessments is essential
  • Knowledge of issue management preferred
  • Familiarity with non-financial risk management frameworks preferred
  • 3-4 years' experience in compliance or risk management within financial services or consulting
  • Excellent stakeholder and project management skills
  • Detail-oriented with the ability to produce quality work under tight deadlines
  • Proficiency in MS Office, particularly advanced skills in PowerPoint and Excel
  • Strong reporting and analytical skills with large data sets
  • Comfortable utilizing AI tools for analytical tasks

Responsibilities

  • Contribute to strategy for enhancing the Compliance Division's Risk and Control Self-Assessment (RCSA)
  • Oversee involvement in the RCSA, including risk and control inventory and risk taxonomy management
  • Facilitate execution of assessments through meetings with Divisional Compliance risk assessors
  • Liaise with Operational Risk on design and methodology matters
  • Analyze trends in assessment results and develop dashboards for Senior Management
  • Partner with Compliance Engineering on User Acceptance Testing and system improvements
  • Support responses to regulatory and internal reviews and audits

Benefits

  • Opportunity to work on a cutting-edge regulatory compliance program
  • Collaborative environment across multiple business units
  • Exposure to senior stakeholders and decision-makers
  • Engagement in strategic compliance initiatives
  • Potential for career growth in compliance and risk management
Full Job Description
Job Description

Global Compliance

Enterprise Compliance Office - Risk Management is a team within Global Compliance that is responsible for implementing and maintaining the firm's integrated regulatory compliance program, which includes risk assessments, regulatory change management, policies, and training.

RESPONSIBILITIES AND QUALIFICATIONS

Enterprise Compliance Office - Risk Management is at the forefront of ensuring our firm's compliance program is best in class, factoring in the latest regulatory guidance and industry standards. We are looking for a team member who can help drive our mission forward and collaborate across business units within Compliance, Compliance Engineering, Risk, and the firm. We are looking for someone who is equal part visionary and executor. At times, the role will require you to navigate and problem solve with multiple teams and stakeholders bearing in mind timelines and a senior audience.

Principal Responsibilities:
  • Contribute to strategy for enhancing and executing the Compliance Division's Risk and Control Self-Assessment (RCSA)
  • Oversee Compliance's involvement in the RCSA, including risk and control inventory management, risk taxonomy management, training, status tracking and communications
  • Facilitate the overall execution of the assessments by meeting directly with Divisional Compliance risk and control assessors
  • Liaise with OpRisk on design and methodology decisions
  • Analyze trends in risk assessment results, and develop reporting and dashboards, including issue management, for Compliance Senior Management
  • Partner with Compliance Engineering on UAT and system enhancements
  • Support responses to regulatory and internal reviews and audits

Qualifications:
  • Bachelor's degree required
  • Experience with risk and control self-assessments and/or compliance risk assessments required
  • Knowledge of issue management preferred
  • Knowledge of non-financial risk management frameworks preferred
  • Minimum of 3-4 years' experience in compliance or risk management in the financial services industry or consulting industry
  • Ability to independently lead meetings
  • Strong stakeholder and project management skills
  • Detail-oriented and able to produce quality work product, even when working under tight timeframes
  • MS Office proficiency; advanced knowledge of PowerPoint and Excel is preferred
  • Strong reporting and analytical skills and comfortable with large data sets
  • Comfortable using AI tooling to support analytical reviews

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

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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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