Goldman Sachs-posted 8 months ago
Entry Level
New York, NY
Securities, Commodity Contracts, and Other Financial Investments and Related Activities

Global Compliance is responsible for preventing, detecting, and mitigating compliance, regulatory, and reputational risk across the firm, thereby strengthening the firm's culture of compliance. This is achieved 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. The role is located in New York as part of the Compliance Division within the Implementation and Execution Office, focusing on executing high-priority and complex projects for the firm using best-in-class project management skills and a strong working knowledge of financial services and operational processes. The candidate will lead workstreams and contribute to the delivery of a multi-year strategic initiative, acquiring detailed knowledge of multiple areas within the firm.

  • Develop and manage project plans for regulatory remediation efforts, including scope, timelines, resources, and deliverables.
  • Coordinate with internal teams, regulatory bodies, and external consultants to facilitate remediation efforts and communicate progress.
  • Identify and manage risks associated with remediation projects, implementing mitigation strategies as needed.
  • Work closely with internal audit (IA) teams to address findings and recommendations, ensuring that remediation plans effectively resolve identified issues.
  • Ensure that remediation projects are prepared for internal and external audit, maintaining clear and comprehensive documentation of remediation activities.
  • Track project progress, prepare status reports, and present findings to senior management and stakeholders.
  • Maintain comprehensive documentation of remediation activities, including issue tracking, action plans, and outcomes.
  • Partner with leadership/divisions to identify, define, and document project objectives and requirements.
  • Work with and across businesses and CFO&E (Controllers, Finance, Operations & Engineering) teams to develop and execute project plans to achieve objectives; identifying key milestones and critical path.
  • Contribute to project and operating effectiveness by bringing a deep understanding of processes and systems used in Banking.
  • Structure ambiguous problems and take action to solve them without complete information.
  • Prepare materials for working groups and committees, project dashboards, operating model diagrams, requirement specifications, test plans, etc.
  • Conduct detailed problem tracking, resolution, and completion of all actions and issues by their deadlines.
  • Communicate updates, statuses, and timelines to stakeholders, and escalate items at risk.
  • Deliver key results to senior management and address their queries.
  • Support teams with best practices, program-wide tools, dashboards, and other enablers.
  • Proven experience in financial services project management, regulatory compliance, or related fields.
  • Experience in internal audit, risk, or remediation projects is highly desirable.
  • Working knowledge of regulatory requirements relevant to the industry.
  • Proven experience solving complex problems.
  • Demonstrated ability to manage multiple projects and meet competing deadlines.
  • Drive, motivation, and resilience to handle multiple tasks and persist in the face of obstacles.
  • Ability to build long-term relationships and consensus across divisions.
  • Collaborative and team-oriented, encouraging other team members and acknowledging others' contributions.
  • Exceptional attention to detail.
  • Strong written and oral communication skills with confidence and ability to present messages to senior audiences.
  • Strong analytical, quantitative, and MS Excel skills.
  • Excellent critical thinking and problem-solving skills.
  • Ability to coordinate activities with multiple interdependencies across various internal teams.
  • Creativity and innovation, with an ability to critically examine current processes to propose and develop improvements.
  • Strong understanding of Investment Banking businesses, financial concepts, products, and services.
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