Compliance-Salt Lake City-Associate-PWM Compliance

Goldman Sachs • Salt Lake City, UT

117d

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.

Requirements

• Undergraduate degree required.
• 3-4 years of relevant experience preferable.
• Strong knowledge of financial products.
• Knowledge of US regulatory environment and SEC/FINRA regulations.
• Proficiency with Microsoft Word, Excel, and PowerPoint.
• Excellent time management, analytical, and communication skills.
• Integrity, motivation, intellectual curiosity, and enthusiasm.

Nice To Haves

• Graduate degree in law, business, or other relevant program.
• Outstanding graduate school and undergraduate credentials.
• At least three years of relevant post-undergraduate work experience, or, if holding a Masters, PhD, MBA, JD or equivalent, one to two years of relevant experience.

Responsibilities

• Supervising the business to ensure compliance with regulations and firm policies.
• Assisting with the implementation of new regulations and new systems/processes.
• Interacting with the Private Bank business on a daily basis.
• Having knowledge and understanding of different rules and regulations and how they impact the PWM business (e.g., SEC, FINRA, DOL).
• Reviewing marketing materials that are used to pitch PWM products and services to clients.
• Managing regulatory exams or audits related to the PWM IRA program.
• Developing and implementing policies, procedures, trainings, and best practices for PWM.
• Supporting and organizing Compliance's involvement in various projects and processes.
• Being the key Compliance contact for certain working groups and business lines.
• Developing subject matter expertise in regulations applicable to the business.

What This Job Offers

• Career Level: Mid Level
• Industry: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
• Education Level: Bachelor's degree