Compliance, GBM Public Compliance -Equities, Custody Solutions, Associate

Socket.dev; New York (NY); On-site; USD 120,000 - 180,000; Full time

Job summary

Goldman Sachs in New York is seeking a Global Banking & Markets Public Compliance officer to help prevent, detect, and mitigate compliance, regulatory, and reputational risk within the Public business. This role collaborates with Legal, Risk, Finance and Internal Audit to uphold standards of conduct and governance.

You will support regulatory examinations and drive training programs across the division. The position requires a strong compliance background, excellent communication, and the

Qualifications

• Bachelor’s degree required.
• 3+ years of Compliance, Legal, Regulatory or Financial Services experience.
• Knowledge of broker‑dealers, swap dealers and other regulated entities’ rules.
• Regulatory experience in Equities or Custody Solutions is a plus.
• Understanding of equities and fixed income market conventions preferred.
• Excellent written and verbal communication skills.
• Experience leading, managing and participating in regulatory projects.
• Ability to handle multiple tasks under pressure.

Responsibilities

• Provide day‑to‑day line Compliance coverage for Global Banking & Markets Equities/Custody Solutions.
• Advise on compliant conduct for Custody Solutions client activity.
• Assess new initiatives and coordinate governance with stakeholders.
• Represent Compliance in cross‑divisional projects supporting regulatory requirements.
• Develop, draft and maintain Compliance policies and procedures.
• Create and deliver Compliance training programs for professionals.
• Assist with regulatory examinations, audits and inquiries.
• Oversee surveillances and programmatic reviews for risk detection.
• Analyze new or amended laws to form practical solutions.
• Evaluate risks and help develop Compliance action plans.

Skills

Compliance experience

Regulatory experience

Broker‑dealer regulations

Equities / Custody experience

Equities / fixed income knowledge

Excellent communication

Regulatory project leadership

Multi‑task under pressure

Education

Bachelor’s Degree

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.

Position Overview:

The role of a Global Banking & Markets Public Compliance officer is to assist the firm in preventing, detecting and mitigating compliance, regulatory, and reputational risk within the Global Banking & Markets Public business by articulating and maintaining the standards of conduct required of the firm’s businesses as well as the laws, regulations and policies governing those businesses. This business‑aligned compliance role provides both functional coverage to its aligned business Prime Services as well as general compliance for the product areas covered within those businesses, while working closely with other firm departments including Legal, Risk, Finance, Operations, Technology, and Internal Audit.

Responsibilities:

• Provide day-to-day line Compliance coverage for the Global Banking & Markets EquitiesCustody Solutions businessesincluding coverage of Custody Solutions Sales, Client Services, Trading Services, Product Development and Operations teams
• Advise on how to conduct the firm’s business particularly focused onCustody Solutionsclientactivity in a manner that complies with the vast array of rules, regulations, and regulatory expectations
• Assess new business initiatives and coordinate with interested stakeholders to support the firm’s overall governance framework
• Represent Compliance in broad‑based cross‑divisional projects supporting regulatory requirements
• Develop, draft and maintain Compliance policies and procedures outlining firm requirements, regulations and best practices
• Create and implement Compliance training programs for Equities/Custody Solutions professionals
• Assist with regulatory examinations, audits and inquiries
• Perform oversight of surveillances and programmatic reviews to assess Compliance risks and breaches
• Analyze new or amended laws, rules and regulations to formulate practical solutions to industry‑wide issues
• Evaluate compliance risks and assist in developing compliance action plans through the firm’s Compliance Risk Assessment

Qualifications:

• Bachelor’s Degree
• 3+ years of Compliance, Legal, Regulatory or Financial Services industry experience
• Knowledge of rules and regulations governing broker‑dealers, swap dealers, and other regulated financial services entities (SEC, CFTC, FINRA, NFA, NYSE, Nasdaq, CBOE, ISE, etc.)
• Regulatory experience within theEquities or Custody Solutions based businesses a plus
• Understanding of equities, fixed income market conventions preferred
• Excellent communications skills (oral and written) that demonstrate control‑side empowerment
• Experience leading, managing, and participating in regulatory projects and business initiatives requiring compliance input.
• Proven ability to handle and prioritize multiple tasks simultaneously and work under pressure

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.