MORE ABOUT THIS JOB

GLOBAL COMPLIANCE

 

At Goldman Sachs, the mandate of Global Compliance is to prevent, detect and mitigate compliance, regulatory, and reputational risk across the firm and help to strengthen the firm’s culture of compliance. Compliance accomplishes this mandate through the firm’s enterprise-wide compliance risk management program. As an independent control function and part of the firm’s second line of defence, 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. Compliance provides advice on how to conduct the firm’s business in a manner that complies with the vast array of rules, regulations and regulatory expectations around the globe. Importantly, Compliance plays a key role in reviewing and effectively challenging transactions presenting compliance or reputational risks.

RESPONSIBILITIES AND QUALIFICATIONS

BUSINESS UNIT AND ROLE OVERVIEW

 

Part of the Global Compliance Division, the firm’s Control, Finance & Operating Divisions (“CF&O”) Compliance team is a global team with responsibility for providing compliance coverage to the Control, Finance & Operating Divisions, comprised of Engineering, Controllers, Corporate Treasury, Risk, Corporate and Workplace Solutions, Corporate Planning & Management, Executive Office, Tax and Human Capital Management divisions and business-aligned operations functions.  The team has members in Bengaluru, Dallas, London, New York, Salt Lake City, Singapore, Tokyo, and Warsaw.

 

CF&O Compliance contributes to the compliance mandate by: conducting risk identification, measurement and assessment, monitoring for compliance with laws, rules, regulations and policies, including the identification and investigation of conduct related issues, participating in firm responses to regulatory examinations, audits and inquiries, performing surveillance and investigations of business activities of the above-referenced CF&O groups, testing the effectiveness of controls, writing policies and procedures and communicating regulatory requirements and firm policy expectations to educate others both one-on-one and through compliance learning initiative

 

CF&O Compliance is looking for a talented Vice President to join the team to assist with the coverage of Corporate Treasury. The role of this Compliance Officer is to articulate and maintain the standards of conduct required of Corporate Treasury as well as the laws, regulations and policies governing these businesses to assist the firm in mitigating regulatory and conduct risk in EMEA. The Compliance Officer provides support to the Corporate Treasury Division's functional areas, including Corporate Treasury trading, which focuses on efficient management of liabilities supporting the firm’s assets, including issuance of secured and unsecured liabilities and execution of interest rate, currency, and other hedging strategies. 

 

 

ROLE AND RESPONSIBILITIES

 

This role will focus on, but not be limited to, providing Compliance coverage of Corporate Treasury, with an emphasis on regulatory and conduct risk in EMEA. As Corporate Treasury compliance coverage, you will provide real-time compliance guidance to the Corporate Treasury Department holistically, as well as trading specific compliance guidance to the Corporate Treasury trading group. This includes all relevant rules, regulations and internal policies that govern the Corporate Treasury business.  

 

A successful candidate will also participate in region-wide and global initiatives to enact the Global Compliance mandate.  

 

To fulfil this role, you will:

Provide proactive risk mitigation instructions on regulatory and policy matters including individual transactions, new products and business initiatives.Advise, challenge and influence CF&O divisions about regulations, policies and reputational riskIdentify, investigate and manage compliance issues involving CF&O divisionsExecute Compliance Risk Assessment and other core compliance deliverablesAnalyse regulatory changes and enforcement actions to assess the impact to CF&O divisions, and participate in work to ensure the business is able to support new requirementsDevelop and deploy second line controls and assisting the first line with the development of their controls.Review of new algorithms and other electronic-related business initiatives.Conduct forensic reviews to monitor the CF&O divisions compliance with regulations and firm policiesRecommend compliance testing work to be performed for CF&O divisionsDraft and assist in the implementation of policies and proceduresDevelop and deliver communication and training to the CF&O divisionsInvestigate and liaise with internal stakeholders in relation to conduct issues Provide support and guidance to Corporate Treasury in interactions with regulators

 QUALIFICATIONS AND SKILLS

 

A strong candidate for CF&O Compliance will satisfy the following criteria:

5+ years Compliance/Legal/Regulatory background covering Corporate Treasury / Treasury trading functions Bachelor’s degree required; in addition advanced degree in relevant field (e.g., J.D., LL.M., M.B.A.) is a plus but not required Clear, concise written and verbal communications skills; able to communicate with impact at senior levelsAble and willing to challenge; comfortable with inter-personal conflict; able to build strong professional rapport with stakeholders while maintaining independence as a risk managerSound judgment, ethics and integrityFast learner; able to adapt to business and regulatory changes; interest to challenge status quo and find new solutionsAbility to process large amounts of information on novel topics and identify salient points, and succinctly present them to a senior audience.Ability to build relationships with stakeholders of various seniority and across different roles.Proactive, self-motivated, assertive and well organized.Takes ownership of tasks, progresses them independently, and escalates to senior stakeholders when required.Strong analytical, technical and problem-solving skills, with the ability to exercise sound and balanced judgment.Ability to learn and navigate technical firm systems used for forensic reviews.Forward looking, focused on improving and streamlining controls and processes.Ability to work independently and yet remain a strong team player.Ability to handle multiple tasks simultaneously and work to tight deadlines, balancing short-term and long-term projectsA strong understanding of EU financial regulations 

ABOUT GOLDMAN SACHS

The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.