• Goldman Sachs, Asset Management Compliance, Associate, Dublin

    Location(s) IE-Dublin
    Job ID
    2018-46898
    Schedule Type
    Full Time
    Level
    Associate
    Function(s)
    Compliance
    Region
    EMEA
    Division
    Compliance
    Business Unit
    Securities Division Compliance
    Employment Type
    Employee
  • MORE ABOUT THIS JOB

    WHO WE ARE

    The Goldman Sachs Group, Inc. is a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. The firm is headquartered in New York and maintains offices in London, Dublin, Frankfurt, Tokyo, Hong Kong and other major financial centers around the world.

     

    BUSINESS UNIT AND ROLE OVERVIEW

    The role of the Compliance Officer is to work within the EMEA team providing primary compliance coverage for GSAMFSL which is the Irish domiciled Management Company overseeing the firm’s AIFs and UCITS range.  The individual will also contribute to the wider GSAM compliance team as appropriate.

    The Compliance Officer will be responsible for compliance coverage of all activities of the Management Company which includes regulatory compliance with CBI rules and AIF and UCITS regulations with respect to the activities conducted directly or delegated by the Management Company including:

    • Portfolio Management
    • Fund accounting and valuation
    • Transfer Agent
    • Distribution
    • Risk Management                

    The primary activities of the role on a daily basis include:

     

     JOB RESPONSIBILITIES

    • Ensuring the entities regulatory licenses and fund authorisations and passports are correctly made
    • Maintain and report on the compliance program for the entity
    • Board attendance and provision of a compliance report to the Board
    • RMOC attendance as member including regular compliance reports to RMOC (Risk Management Oversight Committee)
    • PMOG attendance as observer and provision of regular reports to PMOG (Portfolio Management Oversight Group)
    • Maintain policies and procedures
    • Follow regulatory developments and adapting policies and providing training accordingly
    • Regulatory relations with CBI
    • Breaches and complaints resolution oversight
    • Maintenance of the entity conflicts of interest register
    • Ensure there is a process for the regulatory reporting for all fund and CBI related matters whether undertaken directly or via other departments
    • Product governance and product lifecycle oversight including with respect to MiFID obligations as co-manufacturer of funds where relevant
    • Participate in Irish ICAAP process for GSAMFSL

    The Compliance Officer will work as part of the broader GSAM EMEA compliance team and will additionally participate in team tasks and projects which may include:

    • Review and approval of financial promotions. Products include pooled vehicles, hedge funds, sub-advised products, separately managed accounts, private equity fund of funds, and hedge fund of funds
    • Conduct surveillance and testing work to ensure GSAM’s sales process remains robust
    • Participate in the development and delivery of compliance training
    • Work alongside the business and Legal to conduct due diligence of third party distributors and private equity and hedge fund managers from a Compliance perspective
    • Undertake the review and resolution of compliance surveillances relating to GSAM portfolios
    • Undertake or participate in forensic reviews
    • Ensure breaches and complaints are appropriately resolved and logged
    • Participate in the review and evaluation of new instruments and vehicles to identify compliance issues and surveillance needs
    • Develop and draft compliance policies and procedures, outlining firm policies, regulations and best practices
    • Participate in the creation and development of compliance training programs
    • Miscellaneous projects as required

    RESPONSIBILITIES AND QUALIFICATIONS

    BASIC QUALIFICATIONS

    • 3-5 years compliance experience, preferably in asset management with experience of AIF and UCITS regulations
    • Knowledge of financial instruments and relevant regulations
    • General compliance knowledge and familiarity with CBI and FCA regulations, MiFID, UCITS and AIFM Directives.  Any knowledge of  SEC regulation, Investment Adviser's Act, Investment Company Act, ERISA is helpful but not required
    • General compliance knowledge and familiarity with regulatory issues relating to asset managers
    • Risk and control focused individual with excellent judgment
    • Strong analytical and organizational skills
    • Effective verbal and written communication skills
    • Ability to handle multiple tasks with attention to detail and work under pressure
    • Self-starter with the ability to work effectively with minimal supervision
    • Strong proficiency in Microsoft Excel and Word plus
    • Ability to work both independently and as part of a team

    PREFERRED QUALIFICATIONS

    • Graduate equivalent education
    • Previous compliance /risk management experience a plus

    ABOUT GOLDMAN SACHS

    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.

    © The Goldman Sachs Group, Inc., 2018. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.

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