Compliance, Asset Management (“AM”) Compliance, Associate, Dallas

Goldman Sachs•Dallas, TX

5d•Onsite

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. This position sits in the divisional compliance team that covers the Asset Management (“AM”) business within Goldman Sachs’ Asset & Wealth Management (“AWM”). Asset Management delivers innovative investment solutions through a global, multi-product platform that offers clients the advantages that come with working with a large firm, while maintaining the benefits of a boutique. AM’s clients are global, with complex challenges that require deep investment expertise and dedicated client service to help them achieve their unique investment goals. AM serves a diverse range of clients – individuals, financial advisors, and institutions – who rely on AM to help them understand markets, deliver innovative investment solutions and plan for their future.

Requirements

Bachelor’s degree required; JD or MBA a plus.
3+ years of Compliance, Legal, Regulatory or Financial Services industry experience.
Excellent written and oral communication skills, sound judgment, strong organizational skills and attention to detail.
Strong project-management and relationship-building skills, with the ability to collaborate effectively across business, regional and control-function teams.
Ability to analyze complex regulatory requirements, communicate them clearly and develop practical, risk-based solutions.
Ability to manage multiple priorities and work effectively in a fast-paced environment.

Nice To Haves

Experience advising on advertising or marketing compliance matters within asset management or another regulated financial services business preferred.
Working knowledge of the regulatory framework applicable to investment advisers, registered investment companies, broker-dealers and the marketing of investment products preferred.

Responsibilities

Provide compliance oversight and practical guidance to AM Marketing personnel regarding the development, review, approval and use of marketing materials and communications.
Review and advise on marketing materials and other content used to describe or promote AM products, services and investment capabilities.
Analyze and stay current on laws, rules, regulations and regulatory expectations applicable to investment adviser advertising, fund marketing and related communications in the United States and abroad.
Advise on new marketing channels, campaigns, content formats and other business initiatives, including the development of practical compliance controls and escalation processes.
Develop, draft and maintain compliance policies and procedures outlining firm requirements, jurisdictional requirements, applicable regulations and best practices for marketing activities.
Create and deliver compliance training for relevant stakeholders.
Perform compliance monitoring and testing, including reviews of surveillances and targeted or forensic reviews, to assess marketing compliance risks and identify potential breaches or control enhancements.
Coordinate with business and control-function stakeholders to address regulatory developments, compliance issues and remediation activities relating to marketing.
Assist with regulatory examinations, audits and inquiries, including gathering information, preparing responses and tracking follow-up items.