Compliance - Salt Lake City - Vice President, Business Unit Compliance- 10076305

Goldman Sachs•Salt Lake, UT

36d•Onsite

About The Position

Lead regional execution team of investigators of insider trading, information barrier, and market manipulation scenarios through investigations and analysis of trading alerts. Partner with Business Personnel, Compliance Officers, and Compliance Technology to develop and/or enhance system controls, surveillances and associated procedures and training to assess the firm’s compliance, regulatory, and reputational risk. Liaise with strategy groups, Engineering, and Technology in the development, review, and testing of new or existing automated surveillance models and output. Research market-moving events, develop market color, and analyze trading activity to support investment recommendations. Leverage data analytics tools to track, analyze and report on key operational metrics. Investigate potential trading issues flagged by the business units, such as the Global Markets & Banking and Investment Banking segments. Coordinate with the Financial Crime Compliance group globally on trading-related investigations and potential escalations which may result in the filing of Suspicious Activity Reports (SAR). Monitor to ensure that surveillance reviews are being performed properly from a qualitative and timeliness perspective. Participate in and lead working groups that focus on enhancing the controls and quality of the trade surveillance program. Identify enhancements to existing controls. Test the integrity of system controls and surveillance reports by participating in testing programs and validating test results.

Requirements

Bachelor’s degree (U.S. or foreign equivalent) in Business Administration, Finance, Legal Studies, Human Resources, Management or a related business discipline and five (5) years of experience in the job offered or in a related role.
Five (5) years of experience with compliance, surveillance, or internal audit experience within the financial service industry.
Applying knowledge of regulatory framework to proactively identify compliance risks and propose solutions.
Identifying control framework deficiency and proposing solutions to mitigate the deficiency.
Communicating (both written and verbal) recommendations related to compliance controls to management and internal and external stakeholders to work towards a consensus-driven solution.
Three (3) years of experience applying expertise in securities markets and businesses and products, such as equities, derivatives, fixed income, commodities, and currencies as it applies to compliance and/or regulatory risks to review surveillance alerts for disposition or escalation.
Three (3) years of experience with detection logic and surveillance development.
Three (3) years of experience working independently within a surveillance and monitoring team including experience handling multiple tasks simultaneously, managing stakeholders’ expectations, and working under tight deadlines.
Three (3) years of experience utilizing analytical and problem-solving skills to review and disposition alerts, escalation issues to respond to regulatory inquiries.
Two (2) years of experience applying expertise of applicable capital markets regulations as it applies to market manipulation to review surveillance alerts for disposition or escalation.

Responsibilities

Lead regional execution team of investigators of insider trading, information barrier, and market manipulation scenarios through investigations and analysis of trading alerts.
Partner with Business Personnel, Compliance Officers, and Compliance Technology to develop and/or enhance system controls, surveillances and associated procedures and training to assess the firm’s compliance, regulatory, and reputational risk.
Liaise with strategy groups, Engineering, and Technology in the development, review, and testing of new or existing automated surveillance models and output.
Research market-moving events, develop market color, and analyze trading activity to support investment recommendations.
Leverage data analytics tools to track, analyze and report on key operational metrics.
Investigate potential trading issues flagged by the business units, such as the Global Markets & Banking and Investment Banking segments.
Coordinate with the Financial Crime Compliance group globally on trading-related investigations and potential escalations which may result in the filing of Suspicious Activity Reports (SAR).
Monitor to ensure that surveillance reviews are being performed properly from a qualitative and timeliness perspective.
Participate in and lead working groups that focus on enhancing the controls and quality of the trade surveillance program.
Identify enhancements to existing controls.
Test the integrity of system controls and surveillance reports by participating in testing programs and validating test results.