Compliance, Core Compliance -Engineering, Artificial Intelligence, Vice President, New Yorkice President

Verified Visa SponsorNew York, NY, US$100,000 - $250,000Posted 1 months ago

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.

The Core Compliance team provides compliance coverage to the Core 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 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 Core divisions

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 initiative

ROLE, RESPONSIBILITIES, AND QUALIFICATIONS

As part of the Americas Core Compliance team, you will provide compliance support and coverage for the firm’s Engineering division, with a particular focus on governance and controls related to the firm’s emerging use of Artificial Intelligence. In this role, you will have the opportunity to collaborate with various teams and divisions on 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:

Help co-ordinate and participate in the delivery of the firm’s response to emerging regulatory requirements related to the adoption of AI

Assist in the ongoing development of AI governance as it pertains to the firm’s internal AI strategy and framework

Actively participate in key steering groups and control forums related to AI to ensure governance processes are integrated into the broader Compliance framework

Assist in developing responses to regulatory and client inquiries in relation to the firm’s use of AI

More broadly, advise, challenge, and influence the Engineering Division and business divisions in relation to regulations, policies, and reputational risk

Brief 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 gaps

Partner with the impacted groups to ensure the business is able to support new requirements

Coordinate with counterparts in other jurisdictions to ensure the firm is meeting technology related regulatory requirements globally

As needed, support development and analysis of technology-related policies, standards and processes to ensure compliance with applicable regulations and requirements

Recommend compliance testing or forensic work to be performed

Develop and deliver communications and training to the Engineering Division and other Core teams

Coordinate with the broader Core Compliance team on specific initiatives and projects

QUALIFICATIONS AND SKILLS

A strong candidate for The Core Compliance team 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

Familiarity of risks associated with the deployment and implementation of AI technologies within the financial sector

Good understanding of the risks associated with technology functions

Experience reading and interpreting regulations, laws and statutes

Understanding 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 plus

Experience interacting with regulators, or supporting regulatory audits or inquiries

Intellectual interest in new and emerging technologies, opportunities and risks, including artificial intelligence

A strong candidate for The Core Compliance team 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

Strong analytical, technical and problem-solving skills, with the ability to exercise sound and balanced judgment

Take ownership of tasks, progress them independently, and escalate to senior stakeholders when required

Proficient in using technology; able to analyze data sets and summarize findings; comfortable learning new technologies, both as a user and to identify risks

Team-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. 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. : https://www.goldmansachs.com/careers/footer/disability-statement.html

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.

We Offer Best-In-Class Benefits

Healthcare & Medical Insurance

We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.

Holiday & Vacation Policies

We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.

Financial Wellness & Retirement

We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.

Health Services

We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.

Fitness

To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).

Child Care & Family Care

We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.

Benefits at Goldman Sachs

Read more about the full suite of class-leading benefits our firm has to offer.

Opportunity Overview