• Compliance Testing Group, Bank Testing, Analyst

    Location(s) US-UT-Salt Lake City
    Job ID
    2019-58722
    Schedule Type
    Full Time
    Level
    Analyst
    Function(s)
    General
    Region
    Americas
    Division
    Compliance
    Business Unit
    Compliance Testing Grp
    Employment Type
    Employee
  • MORE ABOUT THIS JOB

    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. 

    RESPONSIBILITIES AND QUALIFICATIONS

    BUSINESS UNIT AND ROLE OVERVIEW

     

    Compliance Testing Group ("CTG") is seeking an individual who is a self-starter who exudes energy, curiosity, and enthusiasm to conduct compliance testing of the firm's Digital Finance businesses.  The successful candidate will be comfortable handling multiple projects and having regular interactions with senior members of the businesses. 

     

    The principal objective of CTG is to create and execute detailed testing to assess compliance with regulations and firm policies, working closely with Compliance and business management to refine firm processes.  CTG's global team (with locations in New York, Salt Lake City, London, Warsaw, Tokyo, Singapore, Bengaluru, and Hong Kong) is comprised of individuals with varying backgrounds and experience (former auditors, accountants, regulators, prosecutors, compliance professional! s, lawyers and traders). 

     

    The firm's Digital Finance businesses include the global online consumer deposits business and the US online consumer lending and credit card business, the firm's first-ever direct-to-consumer platform built from the ground up.  Digital Finance combines the strength and heritage of a 150-year-old financial institution with the agility and entrepreneurial spirit of a tech start-up.  This unique dynamic allows us to help our customers achieve financial progress through customizable solutions that are grounded in value, transparency, and simplicity.

     

    OPPORTUNITY

     

    Responsibilities:

    • Propose methods of testing and execute plans discussed and agreed with a team leader
    • Gather data, perform analyses and document results
    • Identify potential compliance and reputational risks, and effectively escalate to appropriate individuals
    • Leverage strong communication skills to interact with Compliance and business senior management
    • Team with co leagues around the globe to share findings and refine processes

    Basic Qualifications:

    • Bachelor's Degree
    • Excellent written English skills, with ability to describe complex issues in a clear and concise manner
    • Excellent interview, presentation, communication, time management, and analytical skills
    • Ability to work independently and yet still be team-oriented
    • Integrity, motivation, intellectual curiosity, and enthusiasm
    • Knowledge of Microsoft Word and Excel
    • Broad knowledge of consumer banking products and regulations

    Preferred Qualifications:

    • 1-3 years of consumer banking auditing, testing, or regulatory/law enforcement experience
    • Understanding of the opportunities and challenges in the digital finance sector
    • Knowledge and experience of CFPB and FRB rules​

    ABOUT GOLDMAN SACHS

    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



    © 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

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