Compliance, Private Wealth Management Compliance, Associate, Warsaw

OUR IMPACT

The Goldman Sachs Group Inc. is a leading global financial services firm providing investment banking securities and investment management services to a substantial and diversified client base that includes corporations financial institutions governments and high-net-worth individuals. Founded in 1869 the firm is headquartered in New York and maintains offices in London Frankfurt Zurich Tokyo Hong Kong and other major financial centers around the world. Global Compliance interprets regulatory requirements to ensure the firm is in compliance and determines how to appropriately pursue global market opportunities. Our analysts monitor regulatory trends in every jurisdiction where the firm operates and we work with regulators to manage financial market risk. Youll 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.

YOUR IMPACT

A position where you will help ensure the firm is compliant with the appropriate rules and regulations within its private wealth management business. Were looking for a professional to join our Private Wealth Management (PWM) Compliance team who wants to use their drive enthusiasm and abilities to provide world class advisory and compliance coverageto our PWM business.

PWM Compliance is a unit within Global Compliance that services the Private Wealth Management area within Asset and Wealth Management. The role of Compliance within PWM is to partner with the business in order to conduct and supervise its business in compliance with regulations and firm policies help to reduce the firms regulatory and reputation risk and reinforce the firms culture of compliance. The Warsaw based Compliance team is a part of the Global PWM Compliance team with other team members in London Switzerland New York Hong Kong Singapore and Bengaluru. The PWM Compliance team primarily focuses on supporting the PWM business with respect to: support for the businesss growth strategy and other projects and initiatives; review of conduct risk through surveillances programmatic and forensic reviews ; regulatory guidance on travel and cross-border topics; review of client on-boarding across a diverse range of client jurisdictions and legal structures; review and approval of marketing materials; trade approvals including complex products and lending; review of errors and client complaints; training of new rules and regulations and providing on-going day to day support and advice to the PWM Business. You will primarily focus on controls and surveillances for the above mentioned business areas across all relevant jurisdictions but you will also contribute to the broader PWM Compliance program.

Role Responsibilities:

Working in collaboration with the PWM EMEA Compliance team to deliver day to day control and advisory functions including but not limited to:

• Conduct thematic controls on a monthly quarterly and yearly basis across multiple jurisdictions and regulatory requirements
• Post-Trade surveillance and compliance monitoring of business activities including review of automated surveillance reports
• Review and approval of marketing materials prepared for distribution to clients/prospects across EMEA
• Review of travel activity and assessment of cross-border rules/situations
• Monitoring of record keeping requirements / audit trails / file note review
• Trade reviews/approvals including complex products
• Support internal and external audit preparation work
• Working in collaboration with the PWM EMEA / Global PWM Compliance colleagues on investigative trade and client reviews and targeted forensics including but not limited to focused Conduct Risk reviews including review of emails client files and discussions with PWM professionals
• Helping to expand and develop the Compliance program for PWM including identifying emerging risks devising and implementing new monitoring test and controls and reporting on the results of those tests to Compliance and business senior management
• Forensic reviews including E-surveillance and email traffic

Basic Qualifications:

• University degree and/or professional compliance / financial services qualification
• Strong investigative analytical and problem solving skills with the ability to exercise sound and balanced judgment
• Good interpersonal skills and effective written/oral communication skills (fluent English; other European language skills like German are of substantial benefit)
• Excellent attention to detail
• Proficient in MS office tools including strong knowledge of MS-Excel
• Ability to handle multiple tasks and work under pressure
• Ability to work both independently and as part of a team

Preferred Qualifications:

• Knowledge of German and EU regulatory environment is advantageous
• Knowledge of any European languages an advantage in particular any of the following: German French Spanish Italian Dutch Swedish
• Knowledge of products and trading strategies used by PWM e.g. structured products alternative investments derivatives is advantageous
• Private wealth management / product compliance experience preferred