Compliance, Control Room Compliance, Associate

Goldman Sachs • Salt Lake City, UT

5h

About The Position

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.

Our Impact 

The Control Room, part of the Compliance Division, is seeking a compliance
officer for a role in Salt lake City. The Salt Lake City Control Room is one of
seven Goldman Sachs Control Rooms globally (including New
York, London, Bengaluru, Hong Kong, Tokyo and Sydney). The Control Room is
primarily responsible for preserving the integrity of the Firm's information
barriers by monitoring and controlling the flow of confidential information
between the Firm's private/advisory side businesses (e.g., Investment Banking,
Asset Management Private, Finance and Risk) and public side businesses (e.g.,
Global Markets, Asset Management Public, Private Wealth Management, and Global
Investment Research). Additionally, the Control Room is tasked with staying
close to banking transactions to ensure that all legal and policy restrictions
are activated in a timely manner, as well as advising firm divisions dealing
with trading and research as to the applicability of those restrictions.

Requirements

• College or university graduate with 4 plus years of compliance experience in financial services, preferably with control room and/or private side compliance
• Strong understanding of Investment Banking & Securities business and products
• Strong understanding of the current regulatory environment and financial markets and/or securities regulation and rules
• Proficient in using Microsoft Office products, tools, and utilities for business use
• Excellent verbal and written communication skills
• Ability to work as a member of a team in a high-pressure, fast-paced environment

Nice To Haves

• Knowledge of US Securities laws including, SEC Reg M, SEC Rules 14e - 5, 144A and Reg D etc

Responsibilities

• Interacting with the Global Banking & Markets and Asset Wealth Management Divisions to maintain the Firm's Confidential Lists
• Reviewing research published by Global Investment Research to ensure compliance with certain legal and regulatory obligations
• Liaising with Legal and other areas of Compliance in order to monitor and/or restrict sales, trading and/or research activities pursuant to certain legal, regulatory and/or policy considerations
• Applying the Research Settlement rules to facilitate communications between Equity Research and Global Banking & Markets Private personnel
• Manage the Firm’s bespoke Materiality Checking process, working with the Conflicts Resolution Group, to facilitate approval for certain Firm and client transactions and subsequent risk management activities

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level