Compliance, Compliance Transformation Office, Associate

Global Compliance

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.

Compliance Transformation Office

A new team created to transform and optimize the overall Compliance function to drive increased effectiveness and efficiency of the Compliance Program. We partner with the senior Global Compliance leadership to articulate clear, measurable goals and align the transformation activities with the divisional strategic objectives and regulatory drivers. We engage with the broader Compliance organization to accelerate the delivery pace, advance the forward-looking vision, and create sustainable, future-proof solutions.

Responsibilities:

• Support the Head of Transformation in assessing existing processes and capabilities to identify gaps and opportunities for optimization

• Review existing organizational structure and facilitate deployment of transformation levers such as Target Operating Model (TOM), control framework, process engineering, automation and location strategy

• Collaborate with a broad group of stakeholders to define a holistic and integrated roadmap for initiatives relating to technology, reporting, and process enhancements. Support execution with a sense of urgency

• Support an effective governance framework for scope review, roadblock resolution, risk management, and communicating project health

• Assist with coordination during initiation, scoping, requirements definition, development, testing, and go-live stages to ensure that the divisional objectives are met within agreed timeframes. Timely escalate items at risk and clearly articulate the impact

• Establish and maintain regular communication channels to ensure alignment across various stakeholder groups and functions

• Continuously communicate divisional objectives to maintain stakeholders' and teams' focus on successful outcomes

• 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.

Qualifications:

• Bachelor's degree in Business, Finance, Computer Engineering/Science, or a related field

• 4+ years of professional experience in a Project Management or Program Management function, preferably within the financial services industry

• Exposure to driving execution for process improvement and re-engineering

• Persistent, resourceful and tenacious self-starter

• Ability to communicate with impact and tailor messaging to diverse stakeholder groups including engineering & product teams, end users, management, and executive-level leadership

• Ability to cultivate long-term relationships and consensus across stakeholders

• Exceptional time management and prioritization skills, with a proven track record of coordinating concurrent activities with multiple interdependencies across several teams

• Leadership, problem solving, and critical thinking skills when under pressure

• Understanding of control and risk functions

• Intellectually curious mindset and motivation to identify creative, innovative solutions

• PowerPoint and Excel skills

• Exposure to automation and advanced technology, such as machine learning (ML) and artificial

intelligence (AI) is preferred

• Experience with agile project delivery methods is preferred

• Experience using JIRA is preferred

• Data analysis and visualization experience is preferred

About Goldman Sachs

At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.

We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.

We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html

The Goldman Sachs Group, Inc., 2023. All rights reserved.

Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity

Salary Range

The expected base salary for this New York, New York, United States-based position is $85000-$140000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.

Benefits

Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.