Compliance, Asset Management Compliance, Associate, New York

About the Role

We are seeking a Compliance Associate to join the Asset Management (AM) Compliance team in New York. AM Compliance provides daily advice to AM’s various business teams on portfolio management, investing and lending activities, fundraising, the Investment Advisers Act, Investment Company Act, ERISA, and other regulatory requirements. The individual will assist with managing complex regulatory audits focused on ERISA compliance and interact with different business lines and control functions, including AM’s Portfolio Management teams, Sales, Finance, Operations, Engineering, Legal, and Internal Audit.

This is a highly collaborative role requiring excellent communication skills, strong project management skills, and a strong interest in understanding AM’s business model and operational processes. The ideal candidate will leverage strong communication and relationship-building skills in frequent interactions with internal stakeholders and external auditors.

Responsibilities

• Assist with maintaining the compliance programs for SEC registered advisers, with an emphasis on ERISA.
• Manage a complex regulatory audit, including interfacing with auditors regarding information requests and the firm’s responses.
• Conduct informational interviews and gather responsive documentation.
• Prepare written responses to information requests.
• Coordinate meetings with auditors.
• Advise internal stakeholders on auditors’ expectations and prior firm interactions.
• Follow up with colleagues to ensure appropriate information is obtained and timely recorded.
• Monitor the firm’s progress in completing undertakings made to auditors during the audit.
• Keep detailed records of regulatory correspondence.
• Advise internal stakeholders on potential enhancements to firm processes and controls identified during regulatory interactions.
• Develop, draft, and maintain compliance policies and procedures outlining firm requirements, regulations, and best practices.
• Create and deliver compliance trainings.

Requirements

• Bachelor's degree required.
• 3+ years of Compliance, Legal, Regulatory, or Financial Services industry experience.
• Excellent communication skills (oral and written), judgment, organizational skills, and project management skills.
• Ability to handle multiple tasks simultaneously and work in a fast-paced environment.
• Experience with ERISA regulations applicable to asset managers is a plus.

About the Company

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 workplace and beyond by ensuring every individual has opportunities to grow professionally and personally.

Pay

The expected base salary for this New York, NY-based position is $85,000–$140,000. 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 competitive benefits and wellness offerings, including:

• Comprehensive benefits for active, non-temporary, full-time, and part-time US employees working at least 20 hours per week.

More details can be found here.