Compliance, Digital Finance Compliance, Online Deposits - Vice President

Job ID
Schedule Type
Full Time
Vice President/Executive Director
BHC / GS Bank Compliance
Employment Type



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.


Are you passionate about consumer banking?  We’re looking for a Vice President to join our Consumer Compliance Team.  You would use your skills, ideas, leadership, and prior banking, regulatory or law firm experience to broaden our consumer deposits compliance team.  You would work closely with operations, marketing, and technology teams to manage the compliance management system, including the controls, policies, procedures, systems, reporting, and issue management for our online deposits business.

Our consumer deposits and Digital Finance compliance teams partner with all functional areas of the consumer 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 reporting on the status of such risk.  From day one, you will be involved in growing a new business within the Firm. 


Partner across the organization to drive the implementation of new process/strategic opportunities in accordance with state and federal laws and regulations and the deposit business’ policies and procedures

  • Review and make recommendations regarding compliance with consumer financial protection laws during all phases of the product lifecycle (acquisition, onboarding, and servicing) across channels,
  • Design processes, controls and systems for identifying, measuring, and reporting data regarding key compliance risk indicators 
    Conduct analyses of data to identify risks and root causes for Senior Management and use data to deploy technology and guide the team to facilitate remediation activities 
  • Use learnings to develop new strategies, systems, and technologies for addressing risks relating to consumer business operations and approach 
  • Collaborate with the businesses and the complaints team to understand the consumer grievances, identify potential causes, and determine the required remediation, as well as assist the businesses in responding to the customer.
  • Partner with operations and technology to drive continuous improvement processes
  • Assist the relationship with regulatory agencies, examiners, internal auditors and other company team members and assists with action plans created as a result of examinations, audits or internal testing


Basic Qualifications

  • Working knowledge of applicable federal and state consumer financial protection laws and regulations, including, among others, Unfair, Deceptive or Abusive Acts or Practices (UDAAP), Truth in Savings Act (Reg DD), Gramm-Leach-Bliley Act (Reg P), Expedited Funds Availability Act (Reg CC), Fair Credit Reporting Act (Reg V), and the Electronic Funds Transfer Act (Reg E)
  • Ability to quickly grasp complex concepts and develop enhancements to control processes, including global business and regulatory matters
  • Proven expertise in delivering high quality work products, reflecting attention to detail and analytical prowess, and effective in a fast-paced changing environment
  • Excellent written and verbal communication skills
  • Strong understanding of retail focused businesses
  • Understanding of information technology systems and standard system implementation methodologies
    • Five to seven years of experience in consumer financial services, with focus area in consumer compliance risk management
  • Bachelor's degree or equivalent military experience
  • Prior management consulting background a plus
    • Prior regulatory compliance experience or control function experience beneficial


Preferred Qualifications

  • Ten plus years of experience in the financial services industry, five of which in regulatory compliance

Experience managing complaints for an executive office or escalated complaints in a large financial institution.

  • Demonstrated, significant program management experience with proven ability to build rapport, garner respect and appropriately exercise judgment and decision making in a collaborative consensus-driven environment
    • Past experience building and maintaining key relationships , establishing and fostering a culture of stakeholder engagement and leveraging strong communications skills to interact across departments and functions
  • Proactively contribute to and drive strategy across multiple BHC Compliance programs
  • Excellent management skills and leadership qualities
    • Efficient team management skills and ability to resolve conflicting situations
    • Professional maturity and confidence in expressing a point of view with senior management
    • Experience with reporting applications (e.g. Tableau) and/or GRC tools (e.g. Archer) 


The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

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Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.