Compliance - SDC Monitoring & Surveillance, Vice President

Goldman Sachs is a leading global investment banking, securities and investment management firm that provides a wide range of services worldwide to a substantial and diversified client base that includes corporations, financial institutions, governments, and high net-worth individuals. Founded in 1869, it is one of the oldest and largest investment banking firms. The firm is headquartered in New York and maintains offices in London, Hong Kong, Tokyo, Frankfurt, Bangalore, Salt Lake City and other major financial centres around the world. We are committed to growing our distinctive culture and upholding our core values which always place our client's interests first. These values are reflected in our Business Principles, which emphasize integrity, commitment to excellence, innovation, and teamwork.

Salt Lake City is an integral part of the Goldman Sachs global footprint that works seamlessly as a full and equal partner with Federation and Revenue areas of the firm to deliver banking, sales and trading, and asset management capabilities to clients around the world. Increased depths in capabilities and functional expertise have resulted in the creation of centres of excellence that drive many critical businesses around the globe.

The Compliance Division has established a dynamic team of professionals in Salt Lake City. The Salt Lake City team plays a central role in the division’s global strategy to provide solutions to the firm’s traditional business and growth market strategy. We work alongside functional counterparts in many global offices to implement the firm’s regulatory and reputational risk management program.

BUSINESS UNIT OVERVIEW:

SDC Monitoring and Surveillance (”SMS”) is part of the Global Banking & Markets (GBM Public) Division Compliance team which provides compliance coverage and monitors trading activity of the Equities and FICC (Fixed Income, Currency and Commodities) Sales and Trading businesses.

SMS has team members globally across the US, EMEA and Asia, and as such, aims to bring a global perspective and a globally coordinated approach, as well as customized solutions, to mitigate local regulatory risks.

SMS coordinates with other key risk management stakeholders, including compliance officers covering various GBM business lines to develop and/or enhance appropriate automated surveillance reports to mitigate a variety of Regulatory and Market risks. Post development, SMS performs reviews of such trading activity that is generated through the surveillance reports and provides oversight of such controls to ensure the continuing integrity, relevance and proper performance of those controls. SMS works closely with the Business, Line Compliance and Technology as well as other groups within the Firm.

Functional Responsibilities:

• Manage a team of up to 20 individuals that conduct surveillance reviews across the Americas region. Management includes the setting of goal review targets, ensure Quality Control procedures are followed, escalation and tracking of concerns elements.
• Ensure the Americas program is following the written operating model.
• Oversee testing of system controls and surveillance reports by participating in testing programs and validating test results.
• Provide written responses related to the surveillance program to Internal Committee structures and External parties.
• Conduct regular and rigorous reviews of the Americas Regulatory and Markets Environment to detect and opine on necessary changes to the Surveillance program. Inclusive of partnering with other stakeholders on proper assessment and development of such controls.

Basic Qualifications

• Undergraduate degree (preferably in Finance, Business or Accounting) or equivalent work experience
• Minimum of ten years of relevant industry experience in regulatory, audit, compliance, risk, surveillance

Skills and Characteristics:

• Experience with legal, regulatory and compliance issues in the financial industry
• Good knowledge of different financial products and market abuse scenarios.
• Inquisitive and proactive in identifying risks and proposing solutions.
• Good interpersonal skills and excellent written and oral communication skills.
• Candidate must be proactive, enthusiastic and team oriented.
• Ability to work with a variety of senior and junior people and build smooth working relationships.
• Highest attention to detail.
• Good team player - one who can prioritize in a fast moving, constantly changing environment.
• Entrepreneurial inclination - ability to work alone and act as project manager.
• Strong analytical and problem-solving skills with the ability to exercise sound and balanced judgment.
• Ability to handle multiple projects/tasks independently and work under tight deadlines.