Compliance, Core Compliance -Engineering, Artificial Intelligence, Vice President, New Yorkice President

Goldman Sachs•New York, NY

4d•Onsite

About The Position

The Global Compliance division at Goldman Sachs prevents, detects, and mitigates compliance, regulatory, and reputational risk across the firm, strengthening its culture of compliance. As an independent control function and part of the firm’s second line of defense, Compliance assesses risk, monitors for compliance with new or amended laws, rules, and regulations, designs and implements controls, policies, procedures, and training, conducts independent testing, investigates risks and breaches, and leads the firm’s responses to regulatory examinations, audits, and inquiries. The Core Compliance team provides coverage to divisions including Operations, Engineering, Controllers, Corporate Planning & Management, Corporate Treasury, Corporate and Workplace Solutions, Executive Office, Risk, Tax, and Human Capital Management. This involves risk identification, measurement, and assessment; monitoring for compliance with laws, rules, regulations, and policies, including the identification and investigation of conduct-related issues; participating in firm responses to regulatory examinations, audits, and inquiries; performing surveillance and investigations of business activities; testing control effectiveness; writing policies and procedures; and communicating regulatory requirements and firm policy expectations through one-on-one interactions and compliance learning initiatives.

Requirements

At least 6-8+ years of work experience.
Experience as a compliance officer or in a risk management role focused on technology risk is preferable.
Bachelor’s degree or higher.
Familiarity with risks associated with the deployment and implementation of AI technologies within the financial sector.
Good understanding of the risks associated with technology functions.
Experience reading and interpreting regulations, laws, and statutes.
Understanding of the global regulatory environment as it relates to technology, cyber security, information security, data governance, and artificial intelligence.
Experience in cyber regulatory requirements and technology incident reporting is a plus.
Experience interacting with regulators, or supporting regulatory audits or inquiries.
Intellectual interest in new and emerging technologies, opportunities, and risks, including artificial intelligence.
Clear, concise communications skills; able to communicate with impact at senior levels.
Able and willing to challenge; comfortable with inter-personal conflict; able to build strong professional rapport with stakeholders while maintaining independence as a risk manager.
Ability to work independently. Exercise sound judgment, ethics, and integrity.
Fast learner; able to adapt to business and regulatory changes; interest to challenge status quo and find new solutions.
Well organized with the ability to manage both longer term projects and daily, often time-sensitive, escalations.
Strong analytical, technical, and problem-solving skills, with the ability to exercise sound and balanced judgment.
Ability to take ownership of tasks, progress them independently, and escalate to senior stakeholders when required.
Proficient in using technology; able to analyze data sets and summarize findings; comfortable learning new technologies, both as a user and to identify risks.
Team-oriented and supportive of others’ success; comfortable representing a team work product to stakeholders.

Nice To Haves

Graduate degree in information security/risk management is a plus, but not required.
Experience in cyber regulatory requirements and technology incident reporting is a plus.

Responsibilities

Provide compliance support and coverage for the firm’s Engineering division, with a particular focus on governance and controls related to the firm’s emerging use of Artificial Intelligence.
Collaborate with various teams and divisions on the integration of artificial intelligence (AI) within the Firm.
Participate in region-wide and global initiatives to enact the Global Compliance mandate and Business Unit priorities.
Help coordinate and participate in the delivery of the firm’s response to emerging regulatory requirements related to the adoption of AI.
Assist in the ongoing development of AI governance as it pertains to the firm’s internal AI strategy and framework.
Actively participate in key steering groups and control forums related to AI to ensure governance processes are integrated into the broader Compliance framework.
Assist in developing responses to regulatory and client inquiries in relation to the firm’s use of AI.
Advise, challenge, and influence the Engineering Division and business divisions in relation to regulations, policies, and reputational risk.
Brief senior leadership on risks identified and ensure stakeholder investment.
Analyze and conduct ongoing reviews of technology regulations, agency guidance, trends, and enforcement actions to assess the impact to the firm and identify potential gaps.
Partner with the impacted groups to ensure the business is able to support new requirements.
Coordinate with counterparts in other jurisdictions to ensure the firm is meeting technology-related regulatory requirements globally.
Support development and analysis of technology-related policies, standards, and processes to ensure compliance with applicable regulations and requirements.
Recommend compliance testing or forensic work to be performed.
Develop and deliver communications and training to the Engineering Division and other Core teams.
Coordinate with the broader Core Compliance team on specific initiatives and projects.