Compliance, Enterprise Compliance Office - Risk Management, Associate, Dallas

The Goldman Sachs Group; Dallas (TX); On-site; USD 110,000 - 180,000; Full time

Job summary

The Goldman Sachs Group is hiring for a regulatory change and compliance risk role within Enterprise Compliance Office. You will apply regulatory expertise to design, execute and govern firmwide change management processes, collaborating across Compliance, Legal, Risk, Engineering and business stakeholders.

The role requires strong communication, judgment, and ability to translate complex requirements into actionable program needs.

Qualifications

• 4+ years in compliance or risk management in financial services or consulting.
• Bachelor's degree required.
• Experience with issue management or internal control frameworks.
• Experience with quality assurance or 2LOD review and challenge.
• Strong understanding of Compliance mandates and Operational Risk.
• Excellent reporting and communication skills.

Responsibilities

• Support design and implementation of regulatory change management processes.
• Influence staff at all levels to drive change.
• Align and evolve strategy for regulatory changes.
• Engage stakeholders to prioritize plans and manage volumes.
• Oversee consistency across divisions and identify improvements.
• Participate in projects for horizon scanning and vendor content governance.
• Support regulatory change governance routines across the Firm.
• Identify automation opportunities for streamlined processes.
• Represent Compliance in remediation efforts.

Skills

Regulatory change mgmt

Stakeholder management

Project management

Analytical thinking

Effective communication

PowerPoint proficiency

Excel proficiency

Education

Bachelor's degree

Tools

PowerPoint

Excel

Job description

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.

RESPONSIBILITIES AND QUALIFICATIONS

Enterprise Compliance Office - Risk Management is at the forefront of aligning our firm's compliance program with applicable laws, rules, regulations and evolving regulatory expectations. We are looking for a legal or regulatory practitioner to drive our mission forward by applying legal analysis, regulatory subject matter expertise and sound judgment to the design, execution and governance of firmwide regulatory change management and compliance risk management processes. The role requires excellent communication skills, close collaboration across Compliance, Legal, Risk, Engineering and business stakeholders, and the ability to translate complex regulatory requirements into clear, actionable program requirements for senior audiences.

Principal Responsibilities

• Support the design and implementation of strategic and sustainable regulatory change management process

• Incumbent must be comfortable influencing all levels of staff to drive change.

• Align and continuously evolve strategy for managing regulatory changes

• Engage key stakeholders to make strategic decisions, prioritize implementation plans and manage volumes.

• Oversee consistency across pillars and divisions; identifying and addressing opportunities

• Participate in project to implement strategic sourcing solution for horizon scanning and regulatory change

• Manage vendor content, including identifying requirements for GS profiles and engage strategically for efficient and optimized vendor information

• Support regulatory change governance routines across Compliance and the Firm

• Identify automation and other strategic opportunities for a streamlined regulatory change process

• Represent Compliance in first line and second line led remediation efforts.

Qualifications

• 4+ years' experience in compliance or risk management in the financial services industry or consulting industry

• Bachelor's degree

• Experience with issue management and/or internal control frameworks

• Experience with quality assurance or 2LOD review and challenge

• Strong understanding of Compliance program mandates and Operational Risk Frameworks

• Excellent reporting skills

• Exceptional analytical, problem solving, critical thinking and project management skills with a proven track record of execution against deadlines

• Strong communication and relationship-building skills in frequent interaction with other areas of the firm, in particular, senior stakeholders

• Detail-oriented and able to produce quality work product, even when managing time-sensitive demands from competing stakeholders

• Work independently and exercise strong judgment

• Advanced PowerPoint and Excel skills
  

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.

We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html

The Goldman Sachs Group, Inc., 2023. All rights reserved.

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.