Compliance, Enterprise Compliance Office- Risk Assessments, Associate, NY

Goldman Sachs•New York, NY

About The Position

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. Enterprise Compliance Office – Risk Management is a team within Global Compliance that is responsible for implementing and maintaining the firm's integrated regulatory compliance program, which includes risk assessments, regulatory change management, policies, and training. Enterprise Compliance Office – Risk Management is at the forefront of ensuring our firm's compliance program is best in class, factoring in the latest regulatory guidance and industry standards. We are looking for a team member who can help drive our mission forward and collaborate across business units within Compliance, Compliance Engineering, Risk, and the firm. We are looking for someone who is equal part visionary and executor. At times, the role will require you to navigate and problem solve with multiple teams and stakeholders bearing in mind timelines and a senior audience.

Requirements

Bachelor's degree required
Experience with risk and control self-assessments and/or compliance risk assessments required
Minimum of 3-4 years’ experience in compliance or risk management in the financial services industry or consulting industry
Ability to independently lead meetings
Strong stakeholder and project management skills
Detail-oriented and able to produce quality work product, even when working under tight timeframes
MS Office proficiency; advanced knowledge of PowerPoint and Excel is preferred
Strong reporting and analytical skills and comfortable with large data sets
Comfortable using AI tooling to support analytical reviews

Nice To Haves

Knowledge of issue management preferred
Knowledge of non-financial risk management frameworks preferred

Responsibilities

Contribute to strategy for enhancing and executing the Compliance Division’s Risk and Control Self-Assessment (RCSA)
Oversee Compliance’s involvement in the RCSA, including risk and control inventory management, risk taxonomy management, training, status tracking and communications
Facilitate the overall execution of the assessments by meeting directly with Divisional Compliance risk and control assessors
Liaise with OpRisk on design and methodology decisions
Analyze trends in risk assessment results, and develop reporting and dashboards, including issue management, for Compliance Senior Management
Partner with Compliance Engineering on UAT and system enhancements
Support responses to regulatory and internal reviews and audits