Compliance, Private Wealth Management (PWM), Associate, San Francisco

Goldman Sachs•San Francisco, CA

1d•Onsite

About The Position

Global Compliance's division prevents, detects, and mitigates compliance, regulatory, and reputational risk across the firm. It operates as an independent control function, assessing risk, monitoring regulatory compliance, designing controls, policies, and training, conducting testing, investigating breaches, and managing regulatory responses. This role specifically supports the Private Wealth Management (PWM) Business units. The PWM Compliance team is seeking an Associate to join their San Francisco office. The role involves monitoring and conducting surveillances, assessing financial product and transaction suitability, interacting with business units and other departments, reviewing marketing materials, advising on regulations and policies, and participating in projects.

Requirements

Bachelor’s degree required
Three to five years of relevant experience
Experience with legal, regulatory and compliance issues in the financial industry
Excellent interpersonal skills - team player, able to forge relationships, build consensus, and influence decisions
Ability to work well under pressure and has a positive, hands-on, “can do” attitude
Ability to devise and implement creative and innovative solutions
Strong analytical and risk assessment skills
Concise verbal and written communication skills
Quick learner and self-starter, with the ability to work effectively with minimal supervision
Ability to multi-task and adapt to new situations and a dynamic work environment
Hold the Series 7, 63, 9 and 10 or be willing and able to pass exams in a reasonable period of time

Responsibilities

Monitoring and conducting surveillances focusing on compliance with regulatory and/or internal controls
Assessing financial product and transaction suitability relating to a range of clients, ensuring strict compliance with regulations and internal policies
Interacting with the PWM business units, Divisional Compliance, Legal and Operations teams on a daily basis
Reviewing marketing materials that are used to pitch products and services to clients
Advising Private Wealth Management business units and teams on regulations, policies and client issues
Participating in US PWM and Global Compliance projects and initiatives