The Goldman Sachs Group, Inc

Compliance, GBM Public Compliance- Equities: Flow and Strategic Derivatives, Vice President, NY

The Goldman Sachs Group, Inc$100K — $250K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree
  • 6+ years in Compliance, Legal, Regulatory, or Financial Services
  • Knowledge of SEC, CFTC, FINRA regulations
  • Regulatory experience in OTC derivatives and securities-based swaps is a plus
  • Understanding of cash equities and derivatives market conventions preferred
  • Excellent oral and written communication skills
  • Experience in managing regulatory projects and compliance initiatives

Responsibilities

  • Provide daily compliance coverage for Global Banking & Markets Equities businesses
  • Advise on compliance for listed and OTC derivatives and financing products
  • Assess new business initiatives for compliance with governance framework
  • Represent Compliance in cross-divisional regulatory projects
  • Develop and maintain compliance policies and best practices
  • Create and implement training programs for Equities professionals
  • Assist with regulatory examinations and audits
  • Perform oversight on compliance risk assessments and breaches
  • Analyze new laws and regulations for practical compliance solutions

Benefits

  • Valuable and competitive benefits offerings
  • Wellness programs to enhance employee experience
  • General accessibility for active, full-time and part-time employees working at least 20 hours per week
Full Job Description
Job Description

Global Compliance

Position Overview:

The role of a Global Banking & Markets- Public Compliance officer is to assist the firm in preventing, detecting and mitigating compliance, regulatory, and reputational risk within the Global Banking & Markets-Public business by articulating and maintaining the standards of conduct required of the firm's businesses as well as the laws, regulations and policies governing those businesses. This Business-Aligned Compliance role provides both functional coverage to its aligned businesses (sales and trading) as well as general compliance for the product areas covered within those businesses, while working closely with other firm departments, including Legal, Risk, Finance, Operations, Technology, and Internal Audit.

Responsibilities:
  • Provide day-to-day line Compliance coverage for the Global Banking & Markets Equities Flow and Strategic Derivative businesses, including coverage of Equities Sales, Trading, and Strats teams
  • Advise on how to conduct the firm's business, particularly focused on listed and OTC derivatives, securities-based swaps, and financing products in a manner that complies with the vast array of rules, regulations and regulatory expectations
  • Assess new business initiatives and coordinate with interested stakeholders to support the firm's overall governance framework
  • Represent Compliance in broad-based cross-divisional projects supporting regulatory requirements
  • Develop, draft and maintain Compliance policies and procedures outlining firm requirements, regulations and best practices
  • Create and implement Compliance training programs for Equities professionals
  • Assist with regulatory examinations, audits and inquiries
  • Perform oversight of surveillances and programmatic reviews to assess Compliance risks and breaches
  • Analyze new or amended laws, rules and regulations in order to formulate practical solutions to industry-wide issues
  • Evaluate compliance risks and assist in developing compliance action plans through the firm's Compliance Risk Assessment

Qualifications:
  • Bachelor's Degree
  • 6+ years Compliance, Legal, Regulatory or Financial Services industry experience
  • Knowledge of rules and regulations governing broker-dealers, swap dealers, and other regulated financial services entities (SEC, CFTC, FINRA, NFA, NYSE, Nasdaq, CBOE, ISE, etc.)
  • Regulatory experience within the OTC derivatives and securities-based swaps businesses a plus
  • Understanding of cash equities, options, derivatives, and structured products market conventions preferred
  • Excellent communications skills (oral and written) that demonstrate control-side empowerment
  • Experience leading, managing and participating in regulatory projects and business initiatives requiring compliance input.
  • Proven ability to handle and prioritize multiple tasks simultaneously and work under pressure

Salary Range
The expected base salary for this New York, NY, United States-based position is $100000-$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

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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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