Compliance, Financial Crime Controls, COO Support, Associate

Job Description

OUR IMPACT 

The Goldman Sachs Group, Inc. is a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. The firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centers around the world.

At Goldman Sachs, our culture is one of teamwork, innovation and meritocracy. We often say our people are our greatest asset and we take pride in supporting each colleague both professionally and personally.  From collaborative work spaces and ergonomic services to wellbeing and resilience offerings, we offer our Compliance professionals the flexibility and support they need to reach their goals in and outside of the office.

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 objectives 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.

Within Global Compliance, FCC coordinates Goldman Sachs’ enterprise-wide anti-money laundering (BSA/AML), sanctions, anti-bribery compliance, and forensics surveillance efforts. The FCC team, which is comprised of professionals with extensive law enforcement, regulatory, legal, compliance, forensic consulting, operations, and business experience, administers an array of surveillances, due diligence and other control processes designed to identify potential money laundering, terrorist financing, bribery, securities fraud, and other violations of the law.

YOUR IMPACT

Within the FCC’s division, the COO Support team oversees established FCC governance, personnel, resourcing, budgeting and monitoring productivity and performance metrics. FCC COO Support professionals execute critical day-to-day compliance operations activities, lead projects and contribute to the ongoing advancement of our program. Regulators mandate our division to provide robust metrics, data-driven insight, and oversight of governance to ensure risk is being managed effectively. Our team environment encourages individuals to have a growth mindset, promotes collaboration, and provides career development opportunities for our people.

The COO Support Associate will be responsible for regular board, committee and regulatory reporting tasks, supporting in a variety of projects, driving process enhancements, and supporting technical initiatives. The individual will need to work well independently and as part of a team, demonstrate attention to details and time management. Also, the role is ideal for collaborative individuals that can understand business needs and identify how to meet those needs through the design and implementation of processes and tools. 

As a member of the FCC COO Support team, you will work closely with colleagues around the globe to:

• Support future and ongoing regulatory implementation and policy development
• Coordinate regulatory enquiries and exams including regulatory reports, questionnaires and surveys 
• Prepare governance meetings including committee and board presentations 
• Support AML risk assessment, policies and procedures 
• Act as a regional office lead for regulatory implementation and enhancement 

Preferred Qualifications:

• Strong academic record with Bachelor's degree or equivalent required 
• Interest in compliance laws, rules, regulations, risks and typologies
• Ability to manage expectations of key stakeholders 
• Strong analytical and risk assessment skills
• Excellent written and verbal communication skills
• Ability to prioritize workflows and ensure deadlines are met
• Ability to forge strong relationships with colleagues and clients
• Proactive, self-motivated, detail-oriented and well-organized
• Compliance or legal-related experience in financial services preferred
   

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.