Compliance, GBM Public Compliance- Equities: Prime Services Synthetic Financing and Futures, Associate, NY

Goldman Sachs•New York, NY

28d

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. Position Overview: The role of a Global Banking & Markets- Public Compliance officer is to assist the firm in preventing, detecting and mitigating compliance, regulatory, and reputational risk within the Global Banking & Markets-Public business by articulating and maintaining the standards of conduct required of the firm’s businesses as well as the laws, regulations and policies governing those businesses. This Business-Aligned Compliance role provides both functional coverage to its aligned businesses (sales and trading) as well as general compliance for the product areas covered within those businesses, while working closely with other firm departments, including Legal, Risk, Finance, Operations, Technology, and Internal Audit.

Requirements

Bachelor’s Degree
3+ years Compliance, Legal, Regulatory or Financial Services industry experience
Knowledge of rules and regulations governing broker-dealers, swap dealers, and other regulated financial services entities (SEC, CFTC, FINRA, NFA, NYSE, Nasdaq, CBOE, ISE, etc.)
Excellent communications skills (oral and written) that demonstrate control-side empowerment
Experience leading, managing and participating in regulatory projects and business initiatives requiring compliance input.
Proven ability to handle and prioritize multiple tasks simultaneously and work under pressure

Nice To Haves

Regulatory experience within Prime Services, OTC derivatives, and securities-based swaps businesses a plus
Understanding of cash equities, equity derivatives and market conventions preferred

Responsibilities

Provide day-to-day line Compliance coverage for the Global Banking & Markets Prime Services Equities Synthetic Financing and Futures Execution businesses, including coverage of Equities Sales, Trading, Strats, and Structuring teams
Advise on how to conduct the firm’s business, particularly focused on OTC derivatives, securities-based swaps, and listed futures in a manner that complies with the vast array of rules, regulations and regulatory expectations
Assess new business initiatives and coordinate with interested stakeholders to support the firm’s overall governance framework
Represent Compliance in broad-based cross-divisional projects supporting regulatory requirements
Develop, draft and maintain Compliance policies and procedures outlining firm requirements, regulations and best practices
Create and implement Compliance training programs for Equities professionals
Assist with regulatory examinations, audits and inquiries
Perform oversight of surveillances and programmatic reviews to assess Compliance risks and breaches
Analyze new or amended laws, rules and regulations in order to formulate practical solutions to industry-wide issues
Evaluate compliance risks and assist in developing compliance action plans through the firm’s Compliance Risk Assessment