Compliance - Salt Lake City - Vice President, Business Unit Compliance - 8633168
About The Position
Vice President, Business Unit Compliance with Goldman Sachs & Co. LLC in Salt Lake City, Utah. Responsible for maintaining a framework and monitoring key deliverables for the surveillance and monitoring program that enables the group to meet all deliverables by drafting and preparing risk and functional specification documents and preparing surveillance approval documents and procedures and presenting the new and modified surveillances for committee approval. Ensure surveillances are closed timely for the US surveillances. Plan and track goals and milestones for the year, track and ensure timely remediation of audit and internal testing team findings and track various aspects of the Firm’s surveillance lifecycle such as procedure reviews and management oversight. Track inquiries and enforcement actions alongside regional managers to perform gap analysis and lead new initiatives within Private Wealth Management (PWM) to ensure that projects are successfully delivered by understanding the scope of each project and agreed upon milestones, and to finalize timelines with business heads, including senior Compliance leadership and Compliance Engineering. Perform testing on the infrastructure, data quality, and logic, and provide feedback prior to the launching as well as track, communicate, and publish progress updates to senior Compliance leadership. Manage a team of individuals conducting surveillance within Compliance function.
Requirements
- Bachelor’s degree (U.S. or foreign equivalent) in Finance, Economics, Business Management, or a related field.
- Seven (7) years of experience in job offered or a related role.
- One (1) year of experience with compliance surveillance and monitoring experience within the financial services industry.
- One (1) year of experience implementing and rolling out new surveillances and controls within the financial services industry.
- One (1) year of experience training more junior individuals on surveillances and controls.
- One (1) year of experience reviewing alerts for disposition or escalation to assess for compliance or regulatory risks and enhancing detection logic and surveillance development.
- One (1) year of experience communicating (both written and verbal) compliance controls recommendations to management and both internal and external stakeholders.
Responsibilities
- Maintain a framework and monitor key deliverables for the surveillance and monitoring program.
- Draft and prepare risk and functional specification documents.
- Prepare surveillance approval documents and procedures.
- Present new and modified surveillances for committee approval.
- Ensure surveillances are closed timely for US surveillances.
- Plan and track goals and milestones for the year.
- Track and ensure timely remediation of audit and internal testing team findings.
- Track various aspects of the Firm’s surveillance lifecycle such as procedure reviews and management oversight.
- Track inquiries and enforcement actions alongside regional managers to perform gap analysis.
- Lead new initiatives within Private Wealth Management (PWM) to ensure successful project delivery.
- Understand the scope of each project and agreed upon milestones.
- Finalize timelines with business heads, including senior Compliance leadership and Compliance Engineering.
- Perform testing on infrastructure, data quality, and logic.
- Provide feedback prior to launching.
- Track, communicate, and publish progress updates to senior Compliance leadership.
- Manage a team of individuals conducting surveillance within the Compliance function.
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Manager
