Compliance, FCC - Monitoring and Assurance Group, Vice President

Company: Goldman Sachs Group, Inc.
Location: Salt Lake City
Posted on: April 14, 2025

Job Description:

Compliance, FCC - Monitoring and Assurance Group, Vice PresidentSalt Lake City, Utah, United States and 1 moreJob DescriptionGlobal ComplianceOur 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.Financial Crime Compliance ("FCC") coordinates Goldman Sachs' enterprise-wide anti-money laundering (AML), economic sanctions and anti-bribery compliance efforts. The combined FCC team administers an array of surveillances, due diligence, investigative expertise, and other control processes designed to identify potential money laundering, terrorist financing, bribery, securities fraud and other violations of law.The Monitoring and Assurance (MAG) Program evaluates the efficacy of the FCC program controls. The team conducts reviews over financial crime related controls to document compliance with regulatory standards and in accordance with the risk appetite of the Firm.FCC MAG is seeking a Vice President to lead monitoring and assurance reviews. The ideal candidate would have proven experience working independently and experience identifying potential legal, regulatory, or reputational risk that others may have overlooked, with the discipline to constantly maintain such focus. We look for those who possess sound judgment, curiosity, and are able to adapt to a constantly changing landscape.Primary Responsibilities:

• Own and lead monitoring and assurance reviews
  • Collaborate with stakeholders to gather information to conduct reviews
  • Document, analyze, and communicate detailed outcomes related to reviews
  • Identify, then communicate, findings and areas for uplift with key stakeholders
  • Draft detailed investigative reports
  • Track and validate completion of corrective action plans
  • Assist with managerial work, including reviewing work done by team members
  • Own and lead MAG Strategic initiatives
  • Produce reporting and present to management on work
  • Drive forward projects pertaining to the MAG ProgramBasic Qualifications:
    • The role requires a degree (Bachelors/Masters/JD)
    • 8-10 years of experience in financial services or other related industry
    • Good record of leading teams, projects or initiatives
    • Financial Industry knowledge (Global Markets, Wealth Management, in particular)
    • Excellent data analysis, risk analysis and research skills, and attention to detail
    • Strong verbal and written communications skills
    • Ability to prioritize workflows and ensure deadlines are met
    • Ability to learn new systems and processes quickly
    • Able to work independently, but still be team-oriented
    • Experience with project management, multi-tasking and interacting with multiple stakeholders
    • Experience with standard computer applications, including Microsoft Office and Excel
    • Willingness to adapt in a fast-paced work environment; strong sense of urgency
    • Strong work ethic
    • Audit or Quality Assurance experiencePreferred Qualifications:
      • Prior Audit, Monitoring, or Testing experience
      • Financial Industry knowledge (Global Markets, Wealth Management, in particular)About Goldman SachsAt 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.Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender IdentityJob Info
        • Job Identification 141439
        • Job Category Vice President
        • Posting Date 02/04/2025, 05:37 PM
        • Locations Salt Lake City, Utah, United States Richardson, Texas, United States
          #J-18808-Ljbffr

Keywords: Goldman Sachs Group, Inc., Salt Lake City , Compliance, FCC - Monitoring and Assurance Group, Vice President, Accounting, Auditing , Salt Lake City, Utah