Compliance-Chicago-Associate-Business Unit Compliance Chicago · · Associate

Goldman Sachs Bank AG; Chicago (IL); On-site; USD 65,000 - 120,000; Full time

Benefits offered by this job

Healthcare benefits

Paid time off

Financial wellness programs

Job summary

Goldman Sachs Bank AG is seeking a Compliance Associate based in Chicago, IL, to join the Private Wealth Management team. This role involves monitoring compliance with regulations, assessing financial products for clients, and advising teams on regulatory issues. Ideal candidates will have strong interpersonal skills, three years of relevant experience, and a proactive approach.

The position offers a salary range of $65,000 to $120,000 plus eligibility for bonuses. Comprehensive benefits include healthcare, retirement plans, and wellness incentives.

Qualifications

• Three years of relevant experience.
• Hold Series 7, 9, and 10 licenses or willingness to obtain.
• Ability to work effectively with minimal supervision.

Responsibilities

• Monitor compliance with regulatory controls.
• Assess financial product suitability for clients.
• Advise on regulations, policies, and client issues.

Skills

Interpersonal skills

Experience with regulatory compliance

Analytical skills

Communication skills

Multi-tasking

Job description

Compliance, Private Wealth Management (PWM) Compliance, Associate, Chicago location_on Chicago, IL, United States

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.

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.

Job Summary & Responsibilities

Goldman Sachs Global Compliance is dedicated to protecting the reputation of the firm, managing risk and helping to advance the business of the firm. From global financial centers to important developing markets, Global Compliance professionals interpret and ensure compliance with regulatory requirements and determine how the firm can appropriately pursue global market opportunities.

Private Wealth Management Compliance is seeking an Associate to join our team and be based out of our Chicago office. As part of this team, the primary responsibilities will include:

• Monitoring and conducting surveillances focusing on compliance with regulatory and/or internal controls
• Assessing financial product and transaction suitability relating to a range of clients, ensuring strict compliance with regulations and internal policies
• Interacting with the Midwest PWM business, Divisional Compliance, Legal and Operations teams on a daily basis
• Reviewing marketing materials that are used to pitch Private Wealth Management products and services to clients
• Advising Private Wealth Management teams on regulations, policies and client issues
• Participating in US PWM and Global Compliance projects and initiatives

Basic Qualifications

• Three years of relevant experience

Skills and Characteristics

• Have experience with legal, regulatory and compliance issues in the financial industry
• Possess excellent interpersonal skills – team player, able to forge relationships, build consensus and influence decisions
• Work well under pressure and has a positive, hands‑on, “can do” attitude
• Be able to devise and implement creative and innovative solutions
• Possess strong analytical and risk assessment skills as well as concise verbal and written communication skills
• Be a quick learner and self‑starter, with the ability to work effectively with minimal supervision
• Have the ability to multi‑task and adapt to new situations and a dynamic work environment
• Hold the Series 7, 9 and 10 or be willing and able to pass exams in a reasonable period of time

Salary Range

The expected base salary for this Chicago, IL, United States‑based position is $65,000‑$120,000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year‑end.

Benefits

Goldman Sachs offers a comprehensive benefits package that includes healthcare, dental, disability, life and travel insurance, as well as paid time off, retirement savings plans, financial wellness programs, employee assistance programs, and wellness incentives such as fitness reimbursement and on‑site health services.

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