Goldman Sachs Bank AG
Compliance, Consumer Compliance - Secondary Markets, Associate, Dallas Dallas As
Goldman Sachs Bank AG, Dallas, Texas, United States, 75215
Overview
Global Compliance Compliance, Consumer Compliance - Secondary Markets, Associate, Dallas, Texas, United States Our division prevents, detects and mitigates compliance, regulatory and reputational risk across the firm and helps to strengthen the firms culture of compliance. Compliance accomplishes these through the firms enterprise-wide compliance risk management program. As an independent control function and part of the firms second line of defense, Compliance assesses the firms 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 firms 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
Job Summary: This position will play a key role on the Consumer Compliance Secondary Markets team, which identifies, assesses and mitigates risk as it relates to applicable U.S. federal and state consumer compliance and fair lending laws and regulations in connection with business transactions that Goldman Sachs is party to in any number of capacities. The Consumer Compliance Secondary Markets team primarily supports Global Banking & Markets (GBM) and Asset Wealth Management (AWM) teams and works closely with GS Legal, outside counsel, and other third-party advisors to review transactions across the firm and assess consumer regulatory risks in connection with the specific counterparty and consumer-related products or services offered. In addition, Consumer Compliance assists and, in some cases, drives the key components of the deal diligence process. Primary responsibilities include managing and improving existing processes related to consumer regulatory diligence conducted by the team, including managing internal policies and procedures and relevant deal-related documentation, and working on ad-hoc projects, as needed Develop and enhance internal processes for managing compliance residential mortgage asset-level due diligence reviews, from tracking of diligence requests to assisting with completion of asset-level reviews Assist as needed with counterparty due diligence reviews conducted internally or with the assistance of outside counsel on GBM and AWM transactions focused on U.S. federal and state consumer regulatory requirements across product types (e.g., residential mortgage and consumer loans) Review draft committee materials prepared by deal teams in order to prepare initial draft of Consumer Compliance feedback to be included in committee materials Conduct and summarize research on specific counterparties, industries, or asset classes to identify consumer protection developments, regulatory focus, and reputational risks in order to inform internal views Provide ongoing support of transactions that have closed that require input from Consumer Compliance Assist in the development of consumer compliance risk controls, as needed Qualifications
Bachelors Degree and 3+ years of prior experience in compliance, legal, regulation or related business side experience General knowledge of U.S. federal and state consumer compliance and fair lending laws and regulations Ability to handle multiple tasks simultaneously and work under tight deadlines Highly motivated, reliable, and accountable Ability to work with a range of senior managers, peers and junior colleagues and build smooth working relationships Strong project management, analytical, and problem-solving skills
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. Were 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 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. 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. 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.
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Global Compliance Compliance, Consumer Compliance - Secondary Markets, Associate, Dallas, Texas, United States Our division prevents, detects and mitigates compliance, regulatory and reputational risk across the firm and helps to strengthen the firms culture of compliance. Compliance accomplishes these through the firms enterprise-wide compliance risk management program. As an independent control function and part of the firms second line of defense, Compliance assesses the firms 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 firms 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
Job Summary: This position will play a key role on the Consumer Compliance Secondary Markets team, which identifies, assesses and mitigates risk as it relates to applicable U.S. federal and state consumer compliance and fair lending laws and regulations in connection with business transactions that Goldman Sachs is party to in any number of capacities. The Consumer Compliance Secondary Markets team primarily supports Global Banking & Markets (GBM) and Asset Wealth Management (AWM) teams and works closely with GS Legal, outside counsel, and other third-party advisors to review transactions across the firm and assess consumer regulatory risks in connection with the specific counterparty and consumer-related products or services offered. In addition, Consumer Compliance assists and, in some cases, drives the key components of the deal diligence process. Primary responsibilities include managing and improving existing processes related to consumer regulatory diligence conducted by the team, including managing internal policies and procedures and relevant deal-related documentation, and working on ad-hoc projects, as needed Develop and enhance internal processes for managing compliance residential mortgage asset-level due diligence reviews, from tracking of diligence requests to assisting with completion of asset-level reviews Assist as needed with counterparty due diligence reviews conducted internally or with the assistance of outside counsel on GBM and AWM transactions focused on U.S. federal and state consumer regulatory requirements across product types (e.g., residential mortgage and consumer loans) Review draft committee materials prepared by deal teams in order to prepare initial draft of Consumer Compliance feedback to be included in committee materials Conduct and summarize research on specific counterparties, industries, or asset classes to identify consumer protection developments, regulatory focus, and reputational risks in order to inform internal views Provide ongoing support of transactions that have closed that require input from Consumer Compliance Assist in the development of consumer compliance risk controls, as needed Qualifications
Bachelors Degree and 3+ years of prior experience in compliance, legal, regulation or related business side experience General knowledge of U.S. federal and state consumer compliance and fair lending laws and regulations Ability to handle multiple tasks simultaneously and work under tight deadlines Highly motivated, reliable, and accountable Ability to work with a range of senior managers, peers and junior colleagues and build smooth working relationships Strong project management, analytical, and problem-solving skills
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. Were 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 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. 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. 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.
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