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.

BUSINESS UNIT AND ROLE OVERVIEW

CF&O Compliance provides compliance coverage to the Control, Finance and Operating (CF&O) Divisions, which include Operations, Engineering, Controllers, Corporate Planning & Management, Corporate Treasury, Corporate and Workplace Solutions, Executive Office,  Risk, Tax and Human Capital Management divisions. This includes:

Conducting risk identification, measurement and assessmentMonitoring for compliance with laws, rules, regulations and policies, including the identification and investigation of conduct related issuesParticipating in firm responses to regulatory examinations, audits and inquiriesPerforming surveillance and investigations of business activities of the above-referenced CF&O divisionsTesting the effectiveness of controlsWriting policies and proceduresCommunicating regulatory requirements and firm policy expectations to educate others both one-on-one and through compliance learning initiative

RESPONSIBILITIES AND QUALIFICATIONS

As team lead for the Americas CF&O Engineering, Risk and Corporate Planning and Management coverage team you will lead a team of Compliance professionals responsible for providing compliance coverage to three key divisions of the firm, with a specific focus on topical risks, including: 

Oversight of the firm’s artificial intelligence governance program. Information security and cyber threat; and,Third-party risk management and outsourcing. 

In this role, you will have the opportunity to collaborate with various teams and divisions, including in relation to the integration of artificial intelligence (AI) within the Firm. You will also participate in region-wide and global initiatives to enact the Global Compliance mandate and Business Unit priorities. To fulfill this role and responsibilities, you will need to:

Oversee a team of Compliance professionals based in New York and Dallas. Support CF&O Compliance management in directing and executing on the team’s strategy.Help co-ordinate and participate in the delivery of the firm’s response to regulatory inquiries including, but not limited to, artificial intelligence, information security and cyber threats, and third-party risk management.Understand and advise on existing and emerging regulatory requirements in relation to the key risk areas.Actively participate in key steering groups and control forums related to AI to ensure governance processes are integrated into the broader Compliance frameworkAssist in the ongoing development of the firm’s governance, risk and control framework as it pertains to the key above key thematic and risk focus areas.More broadly, advise, challenge, and influence the Engineering Division and business divisions in relation to regulations, policies, and reputational riskBrief senior leadership on risks identified and ensure stakeholder investment Analyze and conduct ongoing reviews of technology regulations, agency guidance, trends and enforcement actions to assess the impact to the firm and identify potential gapsPartner with impacted groups to ensure the business can support new requirementsCoordinate with counterparts in other jurisdictions to ensure the firm is meeting technology related regulatory requirements globallyAs needed, support development and analysis of technology-related policies, standards and processes to ensure compliance with applicable regulations and requirementsRecommend compliance testing or forensic work to be performed Develop and deliver communications and training to the divisions coveredCoordinate with the broader CF&O Compliance team on specific initiatives and projects

QUALIFICATIONS AND SKILLS

A strong candidate for CF&O Compliance will satisfy the following criteria:

At least 8+ years of work experience as a compliance officer or a risk management role Bachelor’s degree or higher, graduate degree in information security/risk management a plus, but not requiredGood understanding of the risks associated with technological functionsExperience reading and interpreting regulations, laws and statutesUnderstanding of the global regulatory environment as it relates to technology, cyber security, information security, data governance, and artificial intelligence Experience in cyber regulatory requirements and technology incident reporting is a plusExperience interacting with regulators, or supporting regulatory audits or inquiriesIntellectual interest in new and emerging technologies, opportunities and risks, including artificial intelligence

A strong candidate for CF&O Compliance will possess the following skills:

Clear, concise communications skills; able to communicate with impact at senior levelsAble and willing to challenge; comfortable with inter-personal conflict; able to build strong professional rapport with stakeholders while maintaining independence as a risk managerWork independently. Exercise sound judgment, ethics and integrityFast learner; able to adapt to business and regulatory changes; interest to challenge status quo and find new solutionsWell organized with the ability to manage both longer term projects and daily, often time-sensitive, escalationsStrong analytical, technical and problem-solving skills, with the ability to exercise sound and balanced judgmentTake ownership of tasks, progress them independently, and escalate to senior stakeholders when requiredProficient in using technology; able to analyze data sets and summarize findings; comfortable learning new technologies, both as a user and to identify risksTeam-oriented and supportive of others’ success; comfortable representing a team work product to stakeholders   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 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.
 

Salary Range
The expected base salary for this New York, New York, United States-based position is $100000-$250000. 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.