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.

CF&O Compliance - BUSINESS UNIT AND ROLE OVERVIEW

Part of the Global Compliance Division, the firm’s CF&O Compliance team is a global team with responsibility for providing compliance coverage to Corporate Treasury, Engineering, Controllers, Operations, 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, RESPONSIBILITIES, and QUALIFICATIONS

This role will focus on, but not be limited to, providing Compliance coverage of Corporate Treasury with an emphasis on regulatory and conduct risk in the Americas. As Corporate Treasury Compliance coverage, you will provide real-time compliance guidance to the Corporate Treasury Division holistically and trading-specific compliance guidance to the Corporate Treasury trading group. This includes all relevant rules, regulations and internal policies that govern the Corporate Treasury business.

A successful candidate will also participate in region-wide and global initiatives to enact the Global Compliance mandate.

To fulfil this role, you will:

• Provide Compliance coverage for Corporate Treasury functions, including Liquidity Management, Asset Liability Management, Payments, Resource Allocation, Execution (trading), and Operations and Engineering
• Review and challenge Treasury activities (funding, pricing practices, payments processing, cash sweeps, collateral use) for regulatory and conduct risks
• Provide proactive, early‑stage compliance challenge and guidance on new activities, including regulatory impact assessment and control design
• Support the completion of various risk assessment programs impacting Corporate Treasury
• Perform targeted reviews of Corporate Treasury controls and processes
• 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 Corporate Treasury; coordinate timely escalation, root-cause analysis, and corrective actions.
• Provide support and guidance to Corporate Treasury in regulatory exams and inquiries; prepare materials and evidence and oversee issue management.
• Brief senior leadership on risks identified and ensure stakeholder engagement
• Develop and deliver targeted training programs
• Investigate and liaise with internal stakeholders in relation to conduct issues
• Coordinate with the broader CF&O Compliance team on initiatives and projects
• Bachelor’s degree or higher
• At least 3 years of Compliance, Legal, Regulatory or Financial Services industry experience
• Knowledge of activities of a Treasury function and fixed income trading products
• Understanding of regulations, practices and markets infrastructure in the Americas

QUALIFICATIONS AND SKILLS

A strong candidate for CF&O Compliance will satisfy some or all of the following criteria:

• Bachelor’s degree or higher
• At least 3 years of Compliance, Legal, Regulatory or Financial Services industry experience
• Knowledge of activities of a Treasury function and fixed income trading products
• Understanding of regulations, practices and markets infrastructure in the Americas

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

• Clear, concise communications skills; able to communicate with impact at senior levels
• Able and willing to challenge; comfortable with inter-personal 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; interest to challenge status quo and finding innovative solutions
• Proficient in using technology; able to analyze data sets and summarize findings
• Team-oriented and supportive of others’ success; comfortable representing a teamwork 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 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.