Asset & Wealth Management – Regulatory Management – Regulatory Solutions – Associate - Birmingham

Goldman Sachs; Birmingham; On-site; GBP 50,000 - 80,000; Full time

Job summary

A leading global investment firm in Birmingham seeks a candidate to join the Asset & Wealth Management Regulatory Management team. This role involves analyzing the impact of regulatory policies, ensuring compliance, and collaborating with internal stakeholders. The ideal candidate holds a Bachelor's degree and has over 2 years of experience in management consulting or related financial services. Strong analytical, communication, and project management skills are essential, along with an understanding of asset management products and the regulatory environment.

Benefits

Diversity and inclusion initiatives

Training and development opportunities

Wellness programs

Qualifications

• 2+ years of experience in management consulting or related financial services.
• Understanding of asset management operating models.
• Experience in regulatory strategy for the business.

Responsibilities

• Analyze regulatory policies' impact across the business.
• Collaborate on regulatory challenges with stakeholders.
• Lead discussions on regulatory changes.

Skills

Management consulting experience

Analytical skills

Project management

Communication skills

Problem-solving skills

Understanding of asset management products

MS Office proficiency

Education

Bachelor’s degree

Tools

PowerPoint

Excel

Job description

YOUR IMPACT

The Asset & Wealth Management Strategic Transformation Office is a recently established entity tasked with overseeing comprehensive large‑scale transformations. Our primary objectives are to enhance scalability, drive revenue growth, improve client experience, and elevate controls to optimize our operating platform. This group comprises four critical functions, including (1) Product Management & Design, (2) Change Management, (3) Regulatory Management, and (4) Monitoring & Testing.

The AWM Regulatory Management team manages the regulatory strategy and roadmap for the AWM business globally. As the key business partner for regulatory matters, the team is responsible for: 1) Regulatory Solutions; assessing the impact of regulations on business activities, and 2) Regulatory Controls; ensuring a robust control framework is in place to evidence compliance.

Regulatory Solutions represent the views of the business on regulatory change governance forums and act as co‑sponsors of new regulations. The team is responsible for performing detailed assessments on new regulations, identifying the impact on existing AWM capabilities and supporting the design of appropriate solutions to deliver regulatory requirements. The team also supports the launch of new products, funds or trading activity by advising on current live and new upcoming regulatory considerations.

HOW YOU WILL FULFILL YOUR POTENTIAL

• Build a deep understanding of the Asset and Wealth Management business through analyzing the applicability and impact of regulatory policies and rules to each business area (new regulations and new business activities)
• Simplify complex problems (regulatory challenges) by collaborating with the team, key stakeholders, and regulatory experts within the firm
• Exert influence and impact, to drive business engagement and lead strategic cross‑divisional discussions on regulatory change matters
• Deploy appropriate methodologies and governance tools to drive the timely delivery of analysis and agreed solution approach (operational and technology driven)
• Build strong senior stakeholder relationships that will be required when performing complex analysis across multiple businesses

SKILLS & EXPERIENCE WE’RE LOOKING FOR

• Bachelor’s degree and 2+ years of experience in management consulting or related field in financial services with active involvement in new regulation assessments and implementations
• Understanding of asset management products (closed / open funds, traditional and alternatives products), and the wider asset management operating model and ecosystems
• Experience working as part of a business or regulatory function owning the regulatory strategy, roadmap, analysis and interpretation of new regulations for the business
• Strategic mindset with strong analytical, problem‑solving and critical thinking skills to provide creative and innovative solutions
• Project management experience including definition of business case and scope, articulation of issues, challenges, risks, dependencies and solutions
• Strong communication and relationship‑building skills
• Proven track record of supporting the design and execution of solutions for complex problems
• Experience in Reg product and platform management is preferable
• Multi‑task and can manage and advance multiple projects simultaneously
• Proficiency in MS Office, PowerPoint, and Excel, with an ability to learn new tools quickly

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 firm‑wide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at / careers. We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process.