The role of an Asset Management (“AM”) Alternatives Compliance officer is to assist the firm in preventing, detecting and mitigating compliance, regulatory, and reputational risk within AM by articulating and maintaining the standards of conduct required of the firm’s businesses as well as the laws, regulations and policies governing those businesses. Divisional Compliance provides daily advice to the business units on investing and lending activities, fundraising, the Investment Advisers Act an... more details
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.
Job Description
The role of an Asset Management (“AM”) Alternatives Compliance officer is to assist the firm in preventing, detecting and mitigating compliance, regulatory, and reputational risk within AM by articulating and maintaining the standards of conduct required of the firm’s businesses as well as the laws, regulations and policies governing those businesses.
Divisional Compliance provides daily advice to the business units on investing and lending activities, fundraising, the Investment Advisers Act and other regulatory requirements, and reputational risk, while working closely with other firm departments, including Finance, Operations, Technology, Internal Audit and Legal.
Responsibilities:
- Cover AM Alternatives personnel and provide advice on how to conduct the firm’s business in a manner that complies with the vast array of applicable rules, regulations and regulatory expectations
- Develop, draft and maintain compliance policies and procedures outlining firm requirements, regulations and best practices
- Review equity and debt investments in private companies for potential regulatory, legal and reputational risks and work with deal teams and other control side personnel to address such risks
- Create and implement compliance training programs
- Review and advise on product marketing materials
- Perform look-back reviews, oversight and surveillances to assess compliance risks and breaches
- Assist with regulatory examinations, audits and inquiries
- Analyze new or amended laws, rules and regulations in order to formulate practical solutions to industry-wide issues
- Coordinate with the business, Legal, Technology and other divisions across the firm on new initiatives
Qualifications:
- Bachelor’s Degree, JD or MBA
- 3 - 7 years Compliance, Legal, Regulatory or Financial Services industry experience
- Excellent communications skills
- Ability to handle multiple tasks simultaneously and work under pressure
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 employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
Salary Range
The expected base salary for this New York, New York, United States-based position is $115000-$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.
