Compliance, Wealth Management Compliance, Associate, Dallas

Goldman Sachs, Inc.; Dallas (TX); On-site; USD 90,000 - 130,000; Full time

Job summary

Goldman Sachs Wealth Management Compliance in Dallas is seeking an Associate to join the team. You'll monitor surveillance, assess suitability, and collaborate with WM, Legal, and Operations to ensure regulatory compliance.

Responsibilities include reviewing marketing materials, advising on regulations, and contributing to US WM and Global Compliance projects. Requires a Bachelor's degree and 3–5 years of relevant experience.

Qualifications

• Bachelor’s degree required.
• 3–5 years of relevant experience in financial compliance.
• Knowledge of U.S. regulatory requirements.
• Strong written and verbal communication.

Responsibilities

• Monitor and surveil compliance with regulations and internal controls.
• Assess product and transaction suitability for clients.
• Interact with WM, Legal, Compliance, and Operations daily.
• Review marketing materials for Wealth Management products.
• Advise WM teams on regulations, policies and client issues.
• Participate in US WM and Global Compliance projects.

Skills

Regulatory compliance

Financial industry experience

Interpersonal skills

Analytical skills

Risk assessment

Written/verbal communication

Self-motivation

Education

Bachelor's degree

Job description

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.

Wealth Management Compliance is seeking an Associate to join our team and be based out of the Dallas. 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 WM business, Divisional Compliance, Legal and Operations teams on a daily basis
• Reviewing marketing materials that are used to pitch Wealth Management products and services to clients
• Advising Wealth Management teams on regulations, policies and client issues
• Participating in US WM and Global Compliance projects and initiatives

Basic Qualifications:

• Bachelor's degree required
• Three to five 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/or able to pass exams in a reasonable period of time

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

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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.