Goldman Sachs & Co. Hiring for Compliance – Regulatory Compliance – Associate at Bengaluru, India Full Time

MORE ABOUT THIS JOB

The Compliance Division has established a dynamic team of professionals in Bengaluru. The Bengaluru team plays a central role in the division’s global strategy to provide solutions to the firm’s traditional business and growth market strategy. We work alongside functional counterparts in many global offices to implement the firm’s regulatory and reputational risk management program.

Global Compliance – Regulatory Practice Group – OverviewOur business principle #2 states: “We are dedicated to complying fully with the letter and spirit of the laws, rules and ethical principles that govern us. Our continued success depends upon unswerving adherence to this standard.”It is the role of Goldman Sachs’ Global Compliance Division to help ensure that every employee and client of the firm upholds this principle. Accordingly, the Division is viewed as an integral part of the firm, enabling it to conduct business confidently in complex global markets.

Part of the Global Compliance Division, the firm’s Regulatory Practice Group (“RPG”) is a dynamic, global team of more than 60 professionals charged with interfacing with regulators on regulatory examinations and inquiries received in jurisdictions worldwide. Led by a Global Head in New York, the team has members in Bengaluru, Hong Kong, Jersey City, London, New York, Sydney and Tokyo.

RESPONSIBILITIES AND QUALIFICATIONS

Responsibilities and Qualifications;

The Firmwide Compliance Program team within the Regulatory Practice Group is responsible for the governance and maintenance of various Firmwide compliance frameworks, examples include: Volcker, supervisory rules, committee governance, and certain bank holding company regulations. The Volcker Compliance Program and Supervisory Certifications Management frameworks, for example, focus on enterprise wide compliance risk management pertaining to BHC Act regulations and programs such as, the Volcker Rule Compliance Program (“VCP”), governance processes associated with the Volcker-related system of internal controls, Firmwide supervisory compliance and related certifications, and issue management. The team also provides periodic management reporting on various compliance metrics to senior management, committees and the Board of Directors.

Principal Responsibilities

• Help oversee the governance framework over the development, periodic review and change management of both the Volcker and Supervisory quarterly sub-attestations, the inventory of internal controls related to the Volcker Compliance Program, training, and committee governance Assist in the development of meeting material to be used during the Supervisory Certification meetings in support of Volcker, FINRA and other regulatory certification requirements Assist in the development and ongoing maintenance of the technology platforms that support the quarterly certification process, training, and committee governanceExecute various reporting for senior managementLiaise with various internal stakeholders like Compliance, Technology, Legal and other Federation areasExecute and manage global ad-hoc projects based on compliance or business requirements that helps in enhancing the compliance of the firmExperience / Skills / Systems Requirements Strong communications skills; oral, written and interpretive – must be able to comprehend what is said/written and ask probing questionsStrong analytical and risk assessment skills

• Demonstrate resiliency and creativity when under pressure and when managing time-sensitive demands from competing stakeholders

• Proactive, self-motivated and organizedBe unfailingly detail-oriented, so as to consistently produce accurate work productAbility to prioritize and make decisions in a fast paced-environmentGood judgment – evaluate circumstances; consider alternatives and weigh pros and cons; use critical thinking to determine when and how to escalate issuesExpertise with Microsoft Word, Excel, and PowerPointPossess a general understanding of the current regulatory environment and financial markets and/or securities regulation and rule

ABOUT GOLDMAN SACHS

Goldman Sachs is a meritocracy where you will be given all the tools to help you develop. At Goldman Sachs, you will have access to excellent training programmes designed to improve multiple facets of your skills portfolio. Our inhouse training programme, ‘Goldman Sachs University’ offers a comprehensive series of courses that you will have access to as your career progresses. Goldman Sachs University has an impressive catalogue of courses which span technical, business and leadership skills training.Goldman Sachs is an Equal Employment Opportunity Employer and does not discriminate in employment on the basis of age, race, colour, gender, national origin, disability, veteran status, or any other basis that is prohibited by applicable law.

Location(s)IN-KA-Bengaluru

Job ID 2021-85022

Schedule Type Full Time

Level Associate

Function(s) Compliance

RegionIndia

Division Compliance

Business UnitRegulatory Practice Grp

Employment Type Employee