Business Unit Compliance

Goldman Sachs Bank AG; Dallas (TX); On-site; USD 90,000 - 150,000; Full time

Job summary

An established industry player is seeking a Vice President for their Compliance Division in Dallas. This role focuses on ensuring compliance with regulatory requirements across various operational functions. The ideal candidate will have significant experience in compliance management, risk assessment, and a deep understanding of the regulatory landscape. You will be instrumental in advising operations on compliance matters, conducting investigations, and drafting policies. Join a forward-thinking company that values diversity and fosters professional growth, providing you with the opportunity to make a meaningful impact in a dynamic environment.

Benefits

Diversity and Inclusion Programs

Professional Development Opportunities

Wellness Programs

Flexible Work Arrangements

Qualifications

• 5+ years in compliance or risk management roles required.
• Strong knowledge of regulations in the Americas is essential.

Responsibilities

• Provide compliance coverage for Control, Finance, and Operating divisions.
• Advise on regulations and manage compliance issues effectively.

Skills

Compliance Management

Risk Assessment

Regulatory Knowledge

Communication Skills

Analytical Skills

Interpersonal Skills

Education

Bachelor's Degree

Compliance Certification

Tools

Data Analysis Software

Job description

Compliance – Control, Finance and Operating (CF&O) Broker-Dealer Operations, Vice President

Location: Dallas, Texas, United States

Opportunity Overview

CORPORATE TITLE: Vice President

OFFICE LOCATION(S): Salt Lake City, Dallas

JOB FUNCTION: Business Unit Compliance

DIVISION: Compliance Division

Global Compliance

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 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.

BUSINESS UNIT AND ROLE OVERVIEW – CF&O Compliance

Part of the Global Compliance Division, the firm’s CF&O Compliance team is a global team responsible for providing compliance coverage to Operations, Engineering, Controllers, Corporate Treasury, Corporate and Workplace Solutions, Executive Office, Corporate Planning & Management, Risk, Tax, and Human Capital Management divisions. This includes:

• 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 Federation groups
• Testing the effectiveness of controls
• Writing policies and procedures
• Communicating regulatory requirements and firm policy expectations to educate others both one-on-one and through compliance learning initiatives

ROLE AND RESPONSIBILITIES

This role will focus on providing Compliance coverage for the Control, Finance, and Operating divisions located in Dallas, with an emphasis on non-financial regulatory reporting requirements in the Americas region. This role has a diverse scope covering all asset classes for multiple reporting obligations for GS Legal Entities globally.

To fulfill this role, you will:

• Advise, challenge, and influence Operations functions about regulations, policies, and reputational risk
• Analyze regulatory changes and enforcement actions to assess the impact on Operations and participate in work to ensure the business can support applicable rules and requirements
• Support the development and analysis of related policies, standards, and processes to ensure compliance with applicable regulations and requirements
• Identify, investigate, and manage compliance issues involving Operations functions
• Provide support and guidance to Operations functions in dealing with regulators
• Brief senior leadership on risks identified and ensure stakeholder engagement
• Conduct forensic reviews to monitor compliance with regulations and firm policies
• Input into compliance risk assessments to ensure the effectiveness of the firm's compliance program
• Draft and assist in the implementation of policies and procedures
• Develop and deliver communication and training
• Investigate and liaise with internal stakeholders regarding conduct issues
• Recommend compliance testing work to be performed
• Provide support and guidance to Operations functions in managing information barriers
• Coordinate with the broader Federation Compliance team on initiatives and projects

QUALIFICATIONS AND SKILLS

A strong candidate for Federation Compliance will satisfy some or all of the following criteria:

• At least 5 years of work experience, including 3 years as a compliance officer or in a risk management or control function role
• Knowledge of operational practices in securities and derivatives markets
• Knowledge of regulations, practices, and market infrastructure in the Americas
• Understanding of the global regulatory environment
• Experience working as a regulator, interacting with regulators, or supporting regulatory audits or inquiries

A strong candidate for CF&O Compliance will possess the following skills:

• Clear, concise communication skills; able to communicate with impact at senior levels
• Able and willing to challenge; comfortable with interpersonal conflict; able to build strong professional rapport with stakeholders while maintaining independence as a risk manager
• Sound judgment, ethics, and integrity
• Fast learner; able to adapt to business and regulatory changes; interested in challenging the status quo and finding new solutions
• Proficient in using technology; able to analyze data sets and summarize findings; comfortable learning new technologies, both as a user and to identify risks
• Team-oriented and supportive of others’ success; comfortable representing a team work product to stakeholders
• Well organized with the ability to manage both longer-term projects and daily, often time-sensitive, escalations

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 opportunities to grow professionally and personally, from our training and development opportunities to benefits, wellness, and personal finance offerings.

We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process.

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