Senior Associate

YOUR IMPACT

Regulatory Due Diligence is looking for a motivated leader to join our vibrant Salt Lake City team. The core workflow consists of team members working with a wide variety of individuals from the Global Banking and Markets, Compliance and Legal divisions to facilitate an excellent client onboarding experience and mitigate risks associated with the regulatory requirements and documentation of related transactions. As a member of the Client Onboarding organization, the individual will specialize in the review of documentation related to global financial regulatory obligations and the approval of new relationships for the global Institutional Franchise and Clearing businesses. The individual will work directly with our internal partners, clients, and sales in a fast-paced environment with precision and accuracy. In addition, the individual will lead and motivate team members, work cross-functionally for process and procedure solutions, and to manage escalations. This individual will also be involved in driving forward innovative solutions and collaborating with Technology. The ability to prioritize, meet deadlines and communicate to all levels of the organization, including Sales, Legal and Compliance is critical. 

OUR IMPACT

Global Banking & Markets – Public spans all product lines and markets, serving as internal business partners who develop the processes and controls, and help to specify the systems that deliver accuracy, timeliness and integrity to our business.

Global Banking & Markets – Public is a dynamic, multi-faceted division that partners with all parts of the firm to deliver banking, sales & trading, and asset management capabilities to clients around the world. In addition, Global Banking & Markets – Public provides essential risk management and control to preserve and enhance the firm’s assets and its reputation. For every trade agreed, new product launched and every transaction completed, it is Global Markets that develops the processes and controls that makes business flow.

HOW YOU WILL FULFILL YOUR POTENTIAL

- The Regulatory Due Diligence team conducts regulatory adherence checks for counterparties trading with Goldman Sachs to ensure all parties meet its’ compliance obligations and other regulatory requirements. 

- The work Regulatory Due Diligence performs is critical to support both new client onboardings as well as managing existing client maintenance/data quality.

- In this role, you will be expected to engage the Business, Compliance, Credit, Legal and Operations stakeholders to ensure effective onboarding of clients. 

- You will need to be a quick learner and understand the regulatory environment, including multiple new regulations, to identify risk and escalate concerns while ensuring to protect the firm and the clients. 

- You will be required to have the ability to prioritize, meet deadlines and communicate to all levels of the organization. 

- Key to Regulatory Due Diligence team members’ success is the ability to use critical thinking to balance tight control requirements with the service demands of our internal clients

- Support and execution of on-going projects initiatives including new regulatory requirements and new business markets

SKILLS & EXPERIENCE WE’RE LOOKING FOR

-Bachelor’s degree 

-Critical thinking / thought leadership / ability to suggest improvements and “hunt” for risk

-Service orientation, sense of urgency, ability to manage internal clients’ expectations, follow- through and professionalism

-Thrives in a teamwork environment, strong interpersonal skills

-Detail oriented

-Ability to multi-task and prioritize

-Strong verbal and written communication

-Technical expertise in Microsoft Office (Word, Excel, etc.) as well as proficiency with web-based applications

- Ability to collaborate with Legal & Compliance teams to create solutions for our clients

PREFERRED QUALIFICATIONS

-3 to 5 years work experience with prior management responsibilities

- Experience with major regulators such as CFTC/SEC/NFA a plus

- Candidate must be proactive, enthusiastic and team oriented

- Ability to remain composed under pressure

- Ability to prioritize and make decisions in a fast-paced environment

- Accuracy and attention to detail

- Strong client service orientation

- Strong written and verbal communication skills

- Adapt to new changes and new challenges

- Strong analytical skills

- Well developed organizational skills