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Compliance, Federation Compliance - Data Governance, Risk & Technology, Vice President

Company: Goldman Sachs
Location: New York
Posted on: August 7, 2022

Job Description:

GLOBAL COMPLIANCE -At Goldman Sachs, the mandate of Global Compliance is to prevent, detect and mitigate compliance, regulatory, and reputational risk across the firm and help to strengthen the firm's culture of compliance. Compliance accomplishes this mandate 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. Compliance provides advice on how to conduct the firm's business in a manner that complies with the vast array of rules, regulations and regulatory expectations around the globe. Importantly, Compliance plays a key role in reviewing and effectively challenging transactions presenting compliance or reputational risks.BUSINESS UNIT AND ROLE OVERVIEW -Federation Compliance provides compliance coverage to the Operations, Engineering, Finance, Risk, Services and Human Capital Management divisions ("the Federation"). This includes:

  • Conducting risk identification, measurement and assessment
  • Monitoring for compliance with laws, rules, regulations and policies, including the identification and investigation of conduct related issues
  • Participating in firm responses to regulatory examinations, audits and inquiries
  • Performing surveillance and investigations of business activities of the above-referenced Federation groups
  • Testing the effectiveness of controls
  • Writing policies and procedures
  • Communicating regulatory requirements and firm policy expectations to educate others both one-on-one and through compliance learning initiativeRESPONSIBILITIES AND QUALIFICATIONSAs part of the Americas Federation Compliance, you will cover Engineering, Technology Operational Risk, and cross-divisional Compliance initiatives with a specific focus on data governance and controls. You will also participate in region-wide and global initiatives to enact the Global Compliance mandate and Business Unit priorities. -To fulfill this role, you will need to:
    • Understand global technology and cybersecurity regulatory compliance risk across the organization
    • Create and manage a risk-based data governance evaluation framework
    • Brief senior leadership on risks identified and ensure business 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 gaps
    • Partner with the impacted groups to ensure the business is able to support new requirements
    • Advise, challenge and influence the Engineering Division and business divisions on regulations, policies and reputational risk
    • Identify, investigate and manage compliance issues involving the Engineering Division
    • Coordinate with counterparts in other jurisdictions to ensure the firm is meeting technology regulatory requirements globally
    • As needed, support development and analysis of technology-related policies, standards and processes to ensure compliance with applicable regulations and requirementsQUALIFICATIONS AND SKILLSA strong candidate for Federation Compliance will satisfy the following criteria:
      • At least 6-8+ years of work experience, experience as a compliance officer or in a risk management role focused on technology risk preferable
      • Bachelor's degree or higher, graduate degree in information security/risk management a plus, but not required
      • Experience reading and interpreting regulations, laws and statutes
      • Understanding of the global regulatory environment as it relates to technology, cyber security and information security
      • Experience interacting with regulators, or supporting regulatory audits or inquiriesA strong candidate for Federation Compliance will possess the following skills:
        • Clear, concise communications skills; able to communicate with impact at senior levels
        • Able and willing to challenge; comfortable with inter-personal conflict; able to build strong professional rapport with stakeholders while maintaining independence as a risk manager
        • Work independently. Exercise sound judgment, ethics and integrity
        • Fast learner; able to adapt to business and regulatory changes; interest to challenge status quo and find new solutions
        • Well organized with the ability to manage both longer term projects and daily, often time-sensitive, escalations
        • Proficient 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 stakeholdersAt 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 -. We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: - The Goldman Sachs Group, Inc., 2020. All rights reserved.Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity

Keywords: Goldman Sachs, New York , Compliance, Federation Compliance - Data Governance, Risk & Technology, Vice President, IT / Software / Systems , New York, New York

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