OUR IMPACT
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.
YOUR IMPACT
This is a role on the Asset Wealth Management (“AWM”) Compliance Advisory team helping to provide Compliance advisory services covering Management Company and AIFM activities within Goldman Sachs Asset Management. The role is based in our Birmingham office, and the successful candidate will work with colleagues across EMEA (London, Dublin, The Hague) including business partners, Legal and Compliance colleagues in connection with helping to respond to regulatory requests, respond to queries from the business, uplift the Compliance program in response to regulatory reform, perform surveillance and forensic reviews, train the business in Compliance matters, and participate in policy updates and drafting.
EXPERIENCE
- Ability to work as part of a team on various Compliance matters
- Good familiarity with core aspects of Asset Management Compliance
- Ability to represent Compliance on projects such as new activities, new products or regulatory reform
- Understanding of Compliance programs and development and implementation of those programmes
- Assist with the production of materials to senior firm committees
- Ability to communicate effectively with business personnel and deliver good Compliance outcomes in time-constrained situations.
RESPONSIBILTIES
- Provide Compliance support and representation on AWM strategic initiatives across EMEA
- Review and approval of financial promotion materials
- Provide daily Compliance surveillance of GSAM portfolios for regulatory requirements and applicable policies and procedures
- Compliance monitoring of any aspects of regulations as part of general monitoring or forensic review work
- Assistance in the production of board and governance reports
- Participate in the review and evaluation of new instruments and vehicles to identify Compliance issues and surveillance needs
- Develop and draft Compliance policies and procedures, outlining firm policies, regulations and best practices
- Ensure breaches and complaints are logged and cover the compliance aspect of the sign off
- Create Compliance training programs covering elements including
- Performing tasks relating to marketing, distribution and third-party distributor due diligence
- Compliance advisory regarding global asset management marketing and distribution questions: UCITS/Non-UCITS/cross border distribution
- Review and approval of due diligence on third party distributors
- Compliance advisory on new GSAM fund launch projects
- Preparation, organisation and delivery of Compliance trainings
- Miscellaneous projects as required
QUALIFICATIONS
- 2+ years Compliance experience, (asset management experience preferred, but not essential)
- Highly motivated risk and control focused individual with excellent judgment
- General Compliance knowledge and familiarity with FCA regulations, MiFID, UCITS and AIFM Directives.
- Knowledge of AFM, CBI or CSSF rules is helpful but not. essential
- Effective analytical, problem solving and organizational skills
- Strong verbal and written communication skills
- Ability to handle multiple tasks with attention to detail and work under pressure
- Ability to work both independently and as part of a team
- Graduate equivalent education (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. 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. : https://www.goldmansachs.com/careers/footer/disability-statement.html
© The Goldman Sachs Group, Inc., 2023. All rights reserved.
Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.
