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.
RESPONSIBILITIES AND QUALIFICATIONS The VP Global Markets Surveillance and Monitoring (SMS) position is a senior role within Global Markets Compliance team. This is an opportunity to manage a significant control program within the compliance framework, working directly with senior compliance management both regionally and globally and closely working with the Global Markets Compliance team covering the Equity and Fixed Income Sales and Trading businesses. The role also requires working closely with other departments across the organisation, such as Financial Crime Compliance, Compliance and Front Office Engineering, Legal, Operations, Testing and Internal Audit. The role reports to the Head of EMEA Securities Surveillance and Monitoring (SMS).
WHO WE ARE
The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centres around the world.
The Compliance division prevents, detects and mitigates compliance, regulatory and reputational risk across the firm and helps to strengthen the firm's culture of compliance.
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, audit! s and inquiries.
PRIMARY DUTIES AND RESPONSIBILITIES
EMEA Surveillance Program Management
Providing guidance and support for the EMEA surveillance coverage team located in multiple locations.
Participate in the strategic build out of trade surveillance program management.
Assist the Regulatory Practice Group on regulatory enquiries, exams/meeting and ad-hoc regulatory requests.
Work closely on internal investigation matters with the Financial Crimes Compliance and Internal Audit functions.
Part of the Global Markets Monitoring and Surveillance operating team.
Development of Controls
Partner with Business Personnel, Line of Business Compliance Officers, and Compliance Engineering to develop and/or enhance controls, surveillances and associated procedures and training.
Apply a consistent approach across businesses, products and regions.
Oversight of Controls
Assist those performing surveillance reviews and discuss escalations with Business Personnel and Line of Business Compliance Officers.
Monitor metrics to ensure that surveillance reviews are being performed properly from a qualitative and timeliness perspective.
Provide team training on performance of specific surveillances.
Identify enhancements to existing controls. Test the integrity of system controls and surveillance reports by participating in testing programs and validating test results.
Participate in periodic risk assessments as it relates to specific market conduct risks.
Management Information Systems
Develop and/or enhance systematic processes for escalating issues.
Develop and/or enhance tools to track trends or patterns of problematic activity across businesses, products and regions.
Coordinate issues, findings and practices with colleagues across regions and/or divisions.
Develop and/or enhance systematic processes for globally consistent Manage ent reporting.
SKILLS / EXPERIENCE:
Previous experience in Compliance, Surveillance or other control functions.
Working knowledge of securities markets, businesses, products.
Working knowledge of securities and exchange rules and regulations.
Knowledge of detection logic and expected surveillance development processes.
Inquisitive and proactive in identifying risks and proposing solutions.
Good interpersonal skills and excellent written/oral communication skills.
Ability to work with a variety of senior and junior people, and build smooth working relationships.
Highest attention to detail.
Good team player - one who is able to prioritize in a fast moving, high pressure, constantly changing environment.
Entrepreneurial inclination - ability to work alone and act as project manager.
Forward looking, focused on improving and streamlining controls and processes
Strong analytical and problem solving skills with the ability to exercise sound and balanced judgment.
Ability to handle multiple tasks simultaneously and work under tight deadlines.
ABOUT GOLDMAN SACHS 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