Business Conflicts
Posted 7 days 3 hours ago by Goldman Sachs Bank AG
Conflicts Resolution Group-L2-London-Associate-Business Conflicts location_on London, Greater London, England, United Kingdom
CONFLICTS RESOLUTION GROUP
The Conflicts Resolution Group (CRG) evaluates a wide range of the firm's business activities, including advisory, financing, principal investing, lending and certain other activities, in order to identify, assess, and manage actual or perceived conflicts of interest resulting from the firm's new and existing roles, positions, and responsibilities, as well as reputational risks. CRG determines from a conflicts of interest perspective whether the revenue businesses may continue to pursue a transaction (subject to further review by CRG and other control functions and committees) and may impose limitations or conditions which are monitored by CRG. In doing so, the CRG helps to protect the firm's client relationships, safeguard confidential information, mitigate reputational risk, and ensure that we are able to fulfill our responsibilities to clients prior to accepting a role and over the course of our engagement.
A role in CRG offers an exceptional opportunity for professional development for a person interested in financial markets and firmwide business activities, offering a steep learning curve and exposure to real-time internal decision-making around the firm's positioning with respect to live market opportunities - across all industries.
Responsibilities- Review and initiate new checks, including coordinating with businesses to ensure accuracy and completeness of information
- Conduct due diligence of business opportunities by considering the firm's current and historical assignments, positions and economic exposures, and other touch points with relevant transaction parties
- Work closely with global members of the CRG to collect feedback, identify potential issues and report findings to the CRG leadership team
- Monitor and update the status of previously cleared opportunities using information from public sources, deal teams, and internal reporting tools
- Document the elements of review for each conflict check in the CRG's proprietary database
- Work on one or more strategic projects within CRG to enhance risk management, enable automation and improve operating effectiveness
- Bachelor's degree required
- 1-3 years of work experience, preferably in the financial or legal sectors supporting Investment Banking or Corporate Finance with a solid understanding of Investment Banking activities, e.g. merger/advisory products, capital markets and principalling transactions
- Prior relevant work experience in conflicts management preferred, but not required
- High attention to detail
- Ability to operate in a fast-paced environment with a high sense of urgency
- Ability to process and analyze high volumes of information
- Commercial savviness with ability to exercise discretion with respect to highly confidential situations / sensitive information; prudent risk management orientation
- Strong communication skills and ability to interact directly with a wide group of professionals at different levels of seniority across the firm
- Ability to work in close coordination with others as part of a global team
- Proactive and self-motivated mindset with a strong work ethic
- 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.
- Vacation and Time Off We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.
- 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.