Compliance - New York - Associate, Regulatory Compliance - 9338281

Goldman Sachs • New York, NY

11h • Onsite

About The Position

This Associate, Regulatory Compliance position at Goldman Sachs & Co. LLC in New York, New York involves supporting and contributing to the creation and execution of detailed testing to assess compliance with regulations and firm policies. The role requires close collaboration with Compliance and business management to identify compliance, conduct, and reputational risks, and to refine firm controls. The associate will propose and execute testing methods, gather data, perform analyses, and document testing results according to workplans and methodologies. Key aspects include identifying and escalating potential risks, reporting findings and recommendations, and documenting them in compliance case management software. The role also involves working with global colleagues to share findings and improve firm controls and processes, managing multiple reviews simultaneously, and utilizing strong communication skills to interact with senior management.

Requirements

• Bachelor’s degree (U.S. or foreign equivalent) in Finance, Taxation, Accounting, Business Analytics, Legal or a related field
• Three (3) years of experience in the job offered or in a related role
• Three (3) years of experience with: interview, presentation, written communication, time management, and analytical skills
• Three (3) years of experience with: compliance, auditing, testing (i.e., Compliance testing, controls testing, risk testing), legal, or regulatory/law enforcement experience
• Three (3) years of experience drafting and narrating risk incidents into a document
• Three (3) years of experience recommending solutions to improve controls and errors through analyzing data and records and monitor completion of risk mitigation actions
• Three (3) years of experience presenting relevant findings and issues identified during investigations and testing to key stakeholders and providing recommendations of mitigating actions
• Two (2) years of experience with: broad knowledge of financial products and markets, as well as laws, rules and regulations, such as FINRA and SEC rules
• Two (2) years of experience in the financial services industry, either working for an investment manager, broker dealer, law firm, accounting firm, or regulator

Responsibilities

• Support and contribute to creating and executing detailed testing to assess compliance with regulations and firm policies
• Work closely with Compliance and business management to identify compliance, conduct, and reputational risks, and refine firm controls as appropriate
• Propose methods of testing and execute reviews discussed and agreed with a team leader to evaluate compliance risks and adherence to laws, regulations, and internal policies
• Gather data, perform analyses, and document testing results in accordance with the workplan and testing/investigation methodologies
• Identify potential compliance, conduct, and reputational risks, and effectively escalate to appropriate individuals
• Report on test results, findings, and recommendations, and document in compliance case management software timely
• Work with colleagues around the globe to share findings and refine firm controls and processes
• Multi-task work on several different reviews with different individuals at the same time
• Leverage strong communication skills to interact with Compliance and business senior management

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees