The Goldman Sachs Group, Inc

Compliance, GBM Public - Electronic Trading Compliance, Vice President, New York

The Goldman Sachs Group, Inc$150K — $200K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Undergraduate degree required.
  • 3+ years of experience in risk management or electronic trading.
  • Knowledge of broker-dealer compliance (FINRA, NYSE, SEC).
  • Strong communication skills in high-pressure situations.
  • Ability to engage with senior management across various functions.

Responsibilities

  • Provide expertise on governance of market conduct and regulatory risk in electronic trading.
  • Perform risk assessments of electronic trading activities and algorithmic logic.
  • Develop governance and control frameworks for electronic trading risks.
  • Collaborate with global teams to implement governance and controls.
  • Evaluate risks and advise business on compliance regulations and policies.
  • Track compliance review pipeline effectively.
  • Monitor regulatory developments and assist in interpretation of new regulations.

Benefits

  • Comprehensive training programs.
  • Opportunity to work with a diverse team of professionals.
  • Exposure to global compliance initiatives.
  • Growth potential in a dynamic regulatory environment.
  • Chance to influence governance structures and compliance mechanisms.
Full Job Description
Job Description

Global Compliance

The role challenges the individuals to become subject matter experts in electronic trading activities (including algorithms) across asset classes and markets; to understand business and regulatory concerns and devise control mechanisms to improve our control structure; and review and oversee an appropriate governance framework within the program. This role requires the individual to be self-motivated, an excellent communicator, a consensus builder and able to apply sound judgment to drive solutions.

This individual's responsibilities will include
  • Provide subject matter expertise on governance of market conduct, operational and regulatory risk related to algorithmic and other electronic trading activities
  • Perform risk-based assessments of electronic trading activities as it relates to market access
  • Perform risk-based assessment of algorithmic trading logic as it relates to regulatory risk
  • Advance governance and control frameworks to manage risks in electronic trading
  • Collaborate with business, legal and compliance colleagues globally to implement governance and controls
  • Evaluate risks and provide compliance advice to business personnel with regards to the rules, regulations, internal policies and appropriate risk mitigation mechanisms
  • Track and manage pipeline for compliance reviews
  • Actively monitor regulatory developments and trends, and assist with the interpretation and implementation of new rules/regulations and related controls
  • Coordinate responses to regulatory reviews and inquiries
  • Help develop and deliver training as part of ongoing Compliance training program


A successful individual will bring deep expertise in electronic trading with knowledge of market structure. The candidate must demonstrate high level of initiative, ability to effectively probe and analyze complex situations, and apply sound judgment to resolve issues in a timely manner with minimal supervision.

SKILLS / EXPERIENCE
  • An undergraduate degree is required
  • Knowledge of broker-dealer regulatory compliance including FINRA, NYSE and SEC regulations
  • At least 3 or more years of relevant work experience preferably in risk management, electronic trading product management or trading technology
  • Background in Financial Engineering, Computer Science, Engineering, or similar degree is a plus, but not required
  • Background in Equities and/or Compliance considerations with trading algorithms is a plus, but not required
  • Strong written and verbal communication skills and an ability to work well under the pressures of trading environment
  • Ability to engage with senior management across a range of functions
  • Ability to work independently and apply judgment to resolve issues in a timely manner

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

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Join Our Diverse and Inclusive Team

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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.

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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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