Compliance

ABOUT COMPLIANCE, LEGAL AND THE CONFLICTS RESOLUTION GROUP (CLC)

Compliance, Legal and the Conflicts Resolution Group (CLC) work at the intersection of finance and control functions, enabling the firm to conduct business with the highest level of integrity. The expertise and experience of the three divisions address the legal, compliance and reputational risks facing Goldman Sachs. 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.

• Global Compliance prevents, detects and mitigates compliance, regulatory and reputational risks 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 a part of the firm’s second line of defense.
• The Legal Division’s advice and counsel provided to all areas of the firm are critical for maintaining our commitments to our clients, regulators and shareholders and to promote our culture of excellence and integrity. Our goal is to provide legal advice that protects the firm’s financial well-being and reputation and assists our various businesses in evaluating the risks associated with completing transactions and other activities.
• The Conflicts Resolution Group (CRG) is a control function whose mission is to evaluate advisory, financing, principal investing, lending and certain other activities to identify actual or perceived conflicts of interest and assess the potential reputational risks resulting from the potential intersection among new and existing roles, positions and responsibilities that the firm may have.

ABOUT THE ROLE 

The Core Compliance Team is at the forefront of delivering robust compliance risk management in adherence with regulator expectations. We are looking for a team member who can help drive our Corporate Policy Governance Framework forward, by collaborating with first- and second-line teams, including Risk, businesses, functions, engineering, and Compliance teams globally.  The successful candidate should demonstrate strategic thinking, comfort interacting with senior audiences, detailed understanding of corporate policy governance expectations and an ability to lead large scale transformation. 

We are looking for a leader who is strategic, organized and an effective communicator. The role requires collaboration, organization and innovation. Examples of duties include:

• Support the design and implementation of Target State Compliance policy documents
  • Incumbent must be comfortable influencing all levels of staff to drive change. 
• Align and continuously evolve the governance and oversight of the Compliance Policy Oversight Group, including reporting and development of key controls.
• Engage key stakeholders to make strategic decisions and prioritize implementation plans.
• Oversee regulatory mapping of obligations to policy documents for documents owned by Compliance 
• Draft required policy document communications and present to senior audiences as required 
• Facilitate Policy rationalization to achieve a target state of governing documents for Compliance
• Manage change in partnership with impacted stakeholders and deliver information and reporting to Compliance management
• Author and review governing documents that achieve minimum standards with quality and consistency
• Partner with and direct vendors to deliver against GS expectations.
• Manage requests and exams from outside regulators and internal audit.
• Represent Compliance in first line and second line led remediation efforts.

BASIC QUALIFICATIONS 

• 5+ years of experience in Financial Services, with risk, legal, compliance and/or project management experience 
• Bachelor’s Degree 
• Professional experience in handling policy governance objectives
• Advanced PowerPoint and Excel skills, with an ability to learn new tools quickly
• Strong understanding of Compliance program mandates and Operational Risk Frameworks Strong writing skills with critical thinking and problem solving skills 
• Demonstrated ability of execution against deadlines
• Strong communication and relationship-building skills in frequent interaction with other areas of Compliance 
• Demonstrate resiliency and creativity when under pressure and when managing time-sensitive demands from competing stakeholders
• Experience in delivering high quality work products, reflecting attention to detail 
• Work independently and exercise strong judgment when executing an assigned task 
• Multi-task and have the ability to manage and advance multiple projects simultaneously.
• Identify and effectively escalate potential issues to appropriate person(s)