Global Compliance

Our division prevents, detects and mitigates compliance, regulatory and reputational risk across the firm and helps to strengthen the firm’s culture of compliance. Compliance accomplishes these through the firm’s enterprise-wide compliance risk management program. As an independent control function and part of the firm’s second line of defense, Compliance assesses the firm’s compliance, regulatory and reputational risk; monitors for compliance with new or amended laws, rules and regulations; designs and implements controls, policies, procedures and training; conducts independent testing; investigates, surveils and monitors for compliance risks and breaches; and leads the firm’s responses to regulatory examinations, audits and inquiries. You'll be part of a team with members from a wide range of academic and professional backgrounds, such as law, accounting, sales, and trading. We look for those who possess sound judgment, curiosity, and are able to adapt to a changing regulatory landscape.

Role Overview

The candidate's responsibilities will primarily be compliance coverage of investment banking derivatives / swap dealer activity within Global Banking & Market s (GBM) . GBM offers an array of investment banking and other activities, including underwriting, lending, hedging and advisory services, to clients in a wide variety of industry sectors. The candidate will be an integral member of the compliance team covering of investment banking activity within GBM .

The Investment Banking Compliance team is responsible for assisting Goldman Sachs bankers with business, regulatory and compliance matters. In addition to working collaboratively with fellow team members and global counterparts in GBM Compliance, the candidate will regularly interact with GBM business professionals, other compliance teams and other Goldman Sachs departments, including Legal, Internal Audit, Finance, Operations, Technology and the Conflicts Resolution Group.

The candidate’s responsibilities would include advisory coverage of investment banking derivatives / s wap d ealer a ctivities and will focus on:

• Providing advice and compliance oversight to front office personnel on transactions, new business initiatives and significant business changes affecting the firm, as well as compliance, regulatory and reputational issues.
• Assisting in responding to regulatory inquiries and investigations (CFTC, SEC & NFA).
• Developing and implementing policies, procedures and best practice standards for their coverage area .
• Creating and implementing new controls and surveillances to mitigate risks to the firm by analyzing the transactional processes used i n investment banking , as well as the activities and actions of individual bankers.
• Assisting other compliance teams in monitoring front office activities to help ensure adherence to applicable laws, regulations and firm policies and procedures, including developing and executing surveillance and other forensic compliance programs.
• Creating and implementing live and online compliance training programs to educate business professionals on applicable compliance requirements, legal issues and regulatory changes.

Required Experience/Skills: The candidate should:

• Be detail-oriented and able to produce quality work product, even when working under tight time frames.
• Be able to effectively summarize, communicate and defend positions.
• Be a critical thinker who is willing to challenge the status quo.
• Possess strong analytical, organizational, researching and fact-gathering skills.
• Be a proactive team player, who enjoys working collaboratively.
• Be a quick learner who can adapt well to a fluid regulatory and business environment.
• Possess effective interpersonal and communication skills.
• Have the ability to multi-task and adapt to new situations and a dynamic work environment.
• Work well under pressure and have a positive, hands-on, “can do” attitude.
• Be a quick learner and self-starter, with the ability to work effectively with minimal supervision.
• Be creative, with the ability to devise and implement innovative solutions.

Basic Qualifications

• Bachelor’s degree; JD preferred
• 5+ years’ experience in compliance, law and/or finance, preferably related to investment banking transactions with a focus on swap dealer activities
• Strong project management skills

ABOUT GOLDMAN SACHS

At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.

We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.

We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html

© The Goldman Sachs Group, Inc., 2021. All rights reserved.

Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity

Salary Range
The expected base salary for this New York, New York, United States-based position is $115000-$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 .