The Goldman Sachs Group, Inc

Compliance - Salt Lake City - Vice President, Business Unit Compliance- 10076305

The Goldman Sachs Group, Inc$130K — $180K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business Administration, Finance, Legal Studies, Human Resources, Management, or related field.
  • 5+ years of experience in compliance, surveillance, or internal audit within financial services.
  • Strong knowledge of regulatory frameworks to identify compliance risks and propose solutions.
  • Experience communicating compliance recommendations to management and stakeholders.
  • 3+ years in securities markets including equities, derivatives, fixed income, commodities, and currencies related to compliance risks.
  • Expertise in detection logic and surveillance development for trading markets.
  • 2+ years working with capital markets regulations focusing on market manipulation.

Responsibilities

  • Lead a team in investigating insider trading and market manipulation cases.
  • Collaborate with Business Personnel, Compliance Officers, and Technology to enhance compliance controls and procedures.
  • Develop and test automated surveillance models with strategy and engineering teams.
  • Analyze trading activities to support investment recommendations by researching market events.
  • Utilize data analytics tools to report on operational metrics and compliance.
  • Investigate trading issues flagged by various business units.
  • Coordinate globally with the Financial Crime Compliance group on trading investigations.

Benefits

  • Comprehensive medical, dental, and vision insurance.
  • 401(k) plan with company match.
  • Generous paid time off and holiday schedule.
  • Opportunities for professional development and certifications.
  • Access to wellness programs and resources.
Full Job Description
Job Description

Job Duties: Vice President, Business Unit Compliance with Goldman Sachs & Co. LLC in Salt Lake City, Utah. Lead regional execution team of investigators of insider trading, information barrier, and market manipulation scenarios through investigations and analysis of trading alerts. Partner with Business Personnel, Compliance Officers, and Compliance Technology to develop and/or enhance system controls, surveillances and associated procedures and training to assess the firm's compliance, regulatory, and reputational risk. Liaise with strategy groups, Engineering, and Technology in the development, review, and testing of new or existing automated surveillance models and output. Research market-moving events, develop market color, and analyze trading activity to support investment recommendations. Leverage data analytics tools to track, analyze and report on key operational metrics. Investigate potential trading issues flagged by the business units, such as the Global Markets & Banking and Investment Banking segments. Coordinate with the Financial Crime Compliance group globally on trading-related investigations and potential escalations which may result in the filing of Suspicious Activity Reports (SAR). Monitor to ensure that surveillance reviews are being performed properly from a qualitative and timeliness perspective. Participate in and lead working groups that focus on enhancing the controls and quality of the trade surveillance program. Identify enhancements to existing controls. Test the integrity of system controls and surveillance reports by participating in testing programs and validating test results.

Job Requirements: Bachelor's degree (U.S. or foreign equivalent) in Business Administration, Finance, Legal Studies, Human Resources, Management or a related business discipline and five (5) years of experience in the job offered or in a related role. Prior experience must include five (5) years of experience with the following: compliance, surveillance, or internal audit experience within the financial service industry; applying knowledge of regulatory framework to proactively identify compliance risks and propose solutions; identifying control framework deficiency and proposing solutions to mitigate the deficiency; and communicating (both written and verbal) recommendations related to compliance controls to management and internal and external stakeholders to work towards a consensus-driven solution. Prior experience must include three (3) years of experience with the following: applying expertise in securities markets and businesses and products, such as equities, derivatives, fixed income, commodities, and currencies as it applies to compliance and/or regulatory risks to review surveillance alerts for disposition or escalation; detection logic and surveillance development; working independently within a surveillance and monitoring team including experience handling multiple tasks simultaneously, managing stakeholders' expectations, and working under tight deadlines; and utilizing analytical and problem-solving skills to review and disposition alerts, escalation issues to respond to regulatory inquiries. Prior experience must include two (2) years of experience with the following: applying expertise of applicable capital markets regulations as it applies to market manipulation to review surveillance alerts for disposition or escalation.

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
Net Income
$9.4 billion
Founded
1869
5 Year Trend
+11.3%
Revenue
$53.4 billion
NASDAQ

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