Compliance, Compliance Management Systems - Quality Assurance and Training, Associate

Company: Goldman Sachs Group, Inc.
Location: New York
Posted on: March 20, 2023

Job Description:

Compliance, Compliance Management Systems - Quality Assurance and Training, Associate -"Job Details" Wilmington, Delaware, United States and 2 more Job Identification 107077 Job Category Associate Locations

• Wilmington, Delaware, United States
• Salt Lake City, Utah, United States Posting Date 11/10/2022, 07:24 PM Job Description 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. Your Impact Are you passionate about digital consumer banking? -We're looking for an Associate to join our consumer banking compliance team. You will be part of a dynamic and fast-growing consumer business, helping to ensure flawless execution of strategies and programs consistent with consumer compliance requirements. You will specifically support enhancements in the Compliance Management System with a focus on Compliance Quality Assurance and training. Our Impact Our consumer banking compliance team partners with all functional areas of the credit card, deposit, and lending business to advise on business strategy, develop compliant processes within the business, implement compliance processes, systems, and digital tools for identifying, measuring, and mitigating risk and report on the status of such risk. You will help uplift the Compliance Management System and drive its consistent execution across Consumer businesses. How will you fulfill your Potential
  • Support enhancements in the Compliance Management System across consumer products and drive consistency in its execution
  • Develop and define scope of the Quality Assurance program to ensure Compliance's adherence to the Compliance Management program and related policies, policies and standards
  • Facilitate ongoing Quality Assurance program activities
  • Serve as the primary contact in Compliance regarding the Quality Assurance program
  • Develop and make enhancements to Compliance training content to ensure adherence with applicable laws, regulations, industry best practices, and internal policies and standards
  • Serve as the liaison to the front-line and learning management teams regarding Compliance training content and completion for Consumer businesses
  • Establish reporting and escalation process for areas of coverage
  • Leverage technology to facilitate monitoring and reporting of compliance risk
  • Assess impact of external enforcement actions and proposed laws and regulations impacting your areas of focus Basic Qualifications: -
    • 3+ years of compliance, operations, or legal experience in financial services
    • Bachelor's degree or equivalent military experience
    • Knowledge of applicable federal and state consumer lending laws and regulations, including, among others, Fair Lending (Reg B), Fair Credit Reporting Act (FCRA), Truth in Lending Act (Reg Z) and Unfair, Deceptive or Abusive Acts and Practices (UDAAP)
    • Must be self-directed, organized, positive, driven, detail-oriented, and effective in a fast-paced, changing environment - Preferred Qualifications: -
      • Risk management experience in Compliance, Legal, Audit or related field
      • Operational knowledge of consumer banking industry and products
      • Strong understanding of digital and retail focused businesses
      • Previous experience in developing risk and/or compliance training
      • Previous experience in Quality Assurance or Quality Control and/or testing
      • Strong relationship management skills with ability to deepen relationships and build partnerships across the business and key functional support areas like Internal Audit, Legal, Technology, and Risk 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 Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity You will be part of a dynamic and fast-growing consumer business, helping to ensure flawless execution of strategies and programs consistent with consumer compliance requirements. You will specifically support enhancements in the Compliance Management System with a focus on Compliance policies, standards, and reporting. Are you passionate about digital consumer banking? -We're looking for an Vice President to join our consumer banking compliance team. You will be part of a dynamic and fast-growing consumer business, helping to ensure flawless execution of strategies and programs consistent with consumer compliance requirements. You will specifically support enhancements in the Compliance Management System and Risks and Controls framework in consumer banking. -

Keywords: Goldman Sachs Group, Inc., New York , Compliance, Compliance Management Systems - Quality Assurance and Training, Associate, Accounting, Auditing , New York, New York