YOUR IMPACT 

 

The Asset & Wealth Management Strategic Transformation Office is a recently established entity tasked with overseeing comprehensive large-scale transformations. Our primary objectives are to enhance scalability, drive revenue growth, improve client experience, and elevate controls to optimize our operating platform. This group comprises of four critical functions, including (1) Product Management & Design, (2) Change Management, (3) Regulatory Management, and (4) Monitoring & Testing.

 

The AWM Regulatory Management team manages the regulatory strategy and roadmap for the AWM business globally. As the key business partner for regulatory matters, the team is responsible for 1) Regulatory Solutions; assessing the impact of regulations on business activities and 2) Regulatory Controls; ensuring a robust control framework is in place to evidence compliance. 

 

Our team is seeking a professional to support regulatory inventory and traceability activities, which entails executing regulatory objectives across second line teams. The candidate will be responsible for evaluating regulatory requirements related to identifying and assessing potential consumer impact and supporting linkages between regulatory requirements to the firm’s risks and controls. 

 

HOW YOU WILL FULFILL YOUR POTENTIAL

 

Support the design and implementation of strategic and sustainable regulatory inventory and traceability process, with alignment to the Risk Management FrameworkManage regulatory mapping activities to assessment units, processes, risks, controls and policies and oversee consistency across pillars and divisionsDevelop comprehensive action plans to ensure control environment is fit for purpose, with consideration to regulatory obligationsEngage key stakeholders to make strategic decisions, prioritize implementation plans and manage volumesFacilitate reporting and information sharingPartner with and direct vendors to deliver against GS expectations, including identifying opportunities for automation and strategic engagementsManage requests and exams from outside regulators and internal auditRepresent Regulatory Management in second line led remediation efforts

 

SKILLS & EXPERIENCE WE’RE LOOKING FOR

 

Bachelor’s degree and 2+ years of experience in management consulting or related field in financial services Understanding of the asset management regulatory landscape, operating models and ecosystemsExperience supporting risk and control self-assessments or regulatory mapping exercises, including the design of key controlsExceptional analytical, problem solving, critical thinking and project management skills with a proven track record of execution against deadlinesExperience in delivering informative metrics and quantitative analysis to support management reportingStrong communication and relationship-building skills Professional experience in handling various regulatory change objectives in the financial services industry is preferableMulti-task and can manage and advance multiple projects simultaneouslyProficiency in MS Office, PowerPoint, and Excel, with an ability to learn new tools quickly

 

Salary Range
The expected base salary for this New York, New York, United States-based position is $100000-$160000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.

Benefits
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.