Business Unit Compliance

Compliance Officer, Consumer Compliance, Associate, Dublin location_on Dublin, Co. Dublin, Ireland

GLOBAL COMPLIANCE AT GOLDMAN SACHS

At Goldman Sachs, the mandate of Global Compliance is to prevent, detect and mitigate compliance, regulatory, and reputational risk across the firm and help to strengthen the firm's culture of compliance. Compliance accomplishes this mandate through the firm's enterprise-wide compliance risk management program. As an independent control function and part of the firm's second line of defence, 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. Compliance provides advice on how to conduct the firm's business in a manner that complies with the vast array of rules, regulations and regulatory expectations around the globe. Importantly, Compliance plays a key role in reviewing and effectively challenging transactions presenting compliance or reputational risks.

BUSINESS UNIT AND ROLE OVERVIEW

As part of the Consumer Compliance team, you will provide compliance support and coverage to the Deposits business. You will also participate in region-wide and global initiatives to enact the Global Compliance mandate and Business Unit priorities.

ROLE AND RESPONSIBILITIES

To fulfil this role you will need to:

• Have consumer regulatory experience on a variety of issues relating to the support of a consumer-focused business, including new business initiatives, customer servicing and communications, and changes to existing product and service offerings
• Support the development and oversight of a jurisdictional-specific compliance risk management program within a global financial institution, utilising existing enterprise risk management frameworks
• Have a strong background / familiarity with consumer protection rules from an EU jurisdiction
• Support the development, ongoing management and oversight of a full suite of compliance policies to ensure both the deposits business and its employees operate in a compliant manner
• Advise on and approve consumer marketing and advertising materials relating to consumer accounts
• Ensure adherence to EU regulations, including implementation of new regulations and regulatory change management
• Liaise with other Compliance Officers in the Goldman Sachs Compliance Division globally as well as other stakeholders throughout the firm to ensure adherence to firmwide compliance standards

QUALIFICATIONS AND SKILLS

A strong candidate for this role will satisfy the following criteria:

• At least 3-5+ years of work experience as a Compliance Officer/Professional preferably focused on EU consumer protection regulations and Irish consumer protection regulation
• Strong understanding of Marketing and Advertising regulations as they apply to consumer products.
• Understanding of the different regulatory requirements during the lifecycle of consumer products (e.g. product and service design through to implementation, ongoing customer support and marketing)
• Familiarity with digital customer journeys in financial services
• Bachelor's degree or higher
• Experience in interacting with regulators, or supporting regulatory audits or inquiries
• Familiarity with legal entity governance and committee management
• Clear, concise communications skills; able to communicate with impact at senior levels
• Able and willing to challenge; comfortable with inter-personal conflict; able to build strong professional rapport with stakeholders while maintaining independence as a compliance professional
• Work independently. Exercise sound judgment, ethics and integrity
• Fast learner; able to adapt to business and regulatory changes; able to challenge status quo and find new solutions
• Well organised with the ability to manage both longer term projects and daily, often time-sensitive, escalations
• Strong analytical, technical and problem-solving skills, with the ability to exercise sound and balanced judgement
• Take ownership of tasks, progress them independently, and elevate to senior stakeholders when required
• Work collaboratively and inclusively to come up with solutions to identify and mitigate compliance risks

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

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.

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.