Business Unit Compliance

Goldman Sachs Bank AG; Sydney; Hybrid; AUD 90,000 - 130,000; Full time

Benefits offered by this job

Healthcare Insurance

Vacation Entitlements

Wellness Programs

On-site Health Centers

Job summary

Goldman Sachs is seeking a Compliance professional to support Global Advisory and Markets in Australia, focusing on Equities. The role provides real-time compliance coverage for trading activities and collaboration with Legal, Risk and Operations to manage regulatory obligations.

The ideal candidate will have 1+ years in compliance or related control functions, strong analytical and communication skills, and a proactive attitude to identify and mitigate risks in a fast-paced environment.

Qualifications

• 1+ years in compliance or control functions.
• Strong analytical skills and sound judgment.
• Excellent written communication and relationship building.

Responsibilities

• Provide real time compliance support for Equities on the trading floor.
• Maintain and communicate standards of conduct under laws and policies in Australia.
• Monitor regulatory changes and implement appropriate policies and training.
• Assist in investigations, audits and regulatory inquiries as needed.
• Develop policies, testing and monitoring to support the business.
• Collaborate with Legal, Risk and Operations to drive strategic initiatives.
• Deliver regular compliance training to business professionals.

Skills

Compliance experience

Regulatory knowledge

Analytical skills

Communication skills

Teamwork

Attention to detail

Job description

Compliance, Global Advisory and Markets, Equities, Analyst, Sydney location_on Sydney, NSW, Australia

Compliance, Global Advisory and Markets, Equities, Sydney

The Goldman Sachs Group is a bank holding company and a leading global investment banking, securities and investment management firm. Goldman Sachs provides a wide range of services worldwide to a substantial and diversified client base that includes corporations, financial institutions, governments and high net worth individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong, Sydney and other major financial centers around the world.

We are committed to growing our distinctive culture and upholding our core values which always place our client's interests first. These values are reflected in our Business Principles, which emphasize integrity, commitment to excellence, innovation and teamwork.

GLOBAL COMPLIANCE

Compliance 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 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. 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.

BUSINESS COVERAGE

Business Supported:Global Advisory and Markets - Public. The role would primarily cover Equities (including Equities Sales and Trading, and Listed Derivatives), but also support the broader Global Advisory and Markets - Public Compliance function.

HOW YOU WILL FULFILL YOUR POTENTIAL

Global Advisory and Markets - Public Compliance provides compliance coverage and support to the business units in Australia. Compliance also works closely with other firm departments, such as Legal, Controllers, Risk, Engineering, Operations and Internal Audit. This is a trading floor-based compliance function providing real time support to the Equities business. The role also involves driving forward strategic business initiatives and projects.

Core aspects include:

• Primary coverage focused on the Equities sales and trading businesses in their day to day business operations, new products and market initiatives, but also providing support for the broader Global Advisory and Markets - Public Compliance function;
• Articulate and maintain the standards of conduct required by the laws, regulations and policies governing these business operations in Australia in order to assist the firm in avoiding regulatory/legal liability and reputational risk;
• Monitor changes in laws and regulations affecting the businesses, and implementing a compliance program to ensure compliance;
• Formulate appropriate policies, training, testing and monitoring and advisory coverage for the business;
• Devise and implement strategic solutions with senior compliance management and other control side departments;
• Support handling of regulatory and internal investigations/audits and escale significant or unresolved issues to senior compliance management and the business units when necessary;
• Conduct regular compliance training for business unit professionals and supervisors.

SKILLS AND EXPERIENCE WE ARE LOOKING FOR

• 1+ years of compliance, legal, audit or other control function experience;
• Strong analytical skills and ability to exercise judgment and manage execution under pressure;
• Inquisitive and proactive in identifying risks and proposing solutions;
• Good interpersonal skills and excellent written communication skills;
• Ability to work with a variety of senior and junior people, and build strong working relationships;
• Highest attention to detail;
• Good team player - one who is able to prioritize in a fast moving, constantly changing environment;
• Strong analytical and problem solving skills with the ability to exercise sound and balanced judgment;
• Ability to handle multiple tasks simultaneously and work under tight deadlines.

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.

Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.

Healthcare & Medical Insurance

We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.

We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.

Financial Wellness & Retirement

We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.

Health Services

We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.

Fitness

To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).

Child Care & Family Care

We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.

Benefits at Goldman Sachs

Read more about the full suite of class-leading benefits our firm has to offer.