What are the responsibilities and job description for the Compliance, Private Wealth Management, Associate position at Goldman Sachs?
MORE ABOUT THIS JOB :
GLOBAL COMPLIANCE
Our division prevents, detects and mitigates compliance, regulatory and reputational risk across the firm and helps to strengthen the firms culture of compliance. Compliance accomplishes these through the firms enterprise-wide compliance risk management program. As an independent control function and part of the firms second line of defense, Compliance assesses the firms 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 firms 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, political science, and criminal justice. We look for those who possess sound judgment, curiosity, and are able to adapt to a changing regulatory landscape.
RESPONSIBILITIES AND QUALIFICATIONS :
RESPONSIBILITIES AND QUALIFICATIONS
Job Summary & Responsibilities
Private Wealth Management (PWM) Compliance is responsible for supervising the business to ensure compliance with regulations and firm policies as well as assist with the implementation of new regulations and new systems / processes. The team covers many of the businesses within PWM that are constantly growing and changing. We are looking for a team member who wants to be part of growing the business in new dimensions someone who is equal part visionary and executor. At times, the role will require you to navigate and problem solve with multiple teams and stakeholders. We look to those who possess sound judgement, curiosity, and are able to adapt to a changing regulatory landscape.
As a contributor within PWM Compliance, a successful candidate will be responsible for supporting and organizing Compliances involvement in various projects and processes as well as being the key Compliance contact for certain working groups, business lines while developing subject matter expertise in regulations applicable to the business. Additionally, the role will involve working in collaboration with the broader compliance team in order to deliver high quality work products, reflecting attention to detail and analytical prowess.
PWM Compliance is seeking an experienced Associate to join our team based in Salt Lake City. In addition to the above, responsibilities may include :
- Interacting with the global PWM business and compliance teams on a daily basis
- Reviewing marketing materials that are used to pitch PWM products and services to clients
- Having knowledge and understanding of different rules and regulations and how they impact the PWM business
- Responding to different regulatory inquiries pertaining to PWM
- Developing and implementing policies, procedures and best practices for PWM
- Creating and implementing live and online compliance training programs to educate business professionals on applicable compliance requirements, legal issues and regulatory changes
- Producing and distributing global quarterly supervisory reports which detail key metrics and regulatory updates
- Acting as lead for multiple other supervisory processes
Basic Qualifications :
Skills and Characteristics :
An ideal candidate should :
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.
Were 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., 2020. All rights reserved.
Goldman Sachs is an equal employment / affirmative action employer Female / Minority / Disability / Veteran / Sexual Orientation / Gender Identity
