At a Glance
- Tasks: Lead and execute complex projects in compliance and risk management.
- Company: Goldman Sachs is a global leader in investment banking and financial services.
- Benefits: Enjoy diverse opportunities for growth, wellness programs, and a commitment to inclusion.
- Why this job: Make a real impact by managing key regulatory projects and collaborating with top professionals.
- Qualifications: Experience in project management, regulatory compliance, and strong analytical skills required.
- Other info: This role offers a chance to work in a dynamic environment with significant career development.
The predicted salary is between 72000 - 108000 £ per year.
Compliance, Implementation and Execution Office, Project Management, Executive Director, London location_on London, Greater London, England, United Kingdom
Opportunity Overview
CORPORATE TITLE: Vice President
OFFICE LOCATION(S): London
JOB FUNCTION: Project Management
DIVISION: Compliance Division
OUR IMPACT
Compliance is dedicated to protecting the reputation of the firm and managing risk across all business areas. We work closely with each business, our professionals interpret and ensure compliance with regulatory requirements and determine how the firm can appropriately pursue global market opportunities. We monitor regulatory trends and changes in all jurisdictions in which the firm does business, and we share information and collaborate with regulators to manage financial market risk.
YOUR IMPACT
Execute high priority and complex projects for the firm by using best-in-class project management skills and strong working knowledge of financial services and operational processes. The role creates an opportunity to lead and deliver key cross-functional projects for the firm, engaging at all stages of the project life-cycle.
The role is located in London as part of the Compliance Division within the Implementation and Execution Office. You will be part of a dedicated team responsible for executing strategic projects to advance the firm’s priorities and deliver impactful revenue, risk and control, regulatory and efficiency opportunities. Using effective program delivery methods, functional and technical expertise, and stakeholder management skills, this team provides senior management with execution capabilities to deliver their most complex projects.
This role will initially focus on a key regulatory program where you will lead workstreams and contribute to the delivery of a multi-year strategic initiative. By performing the role, the candidate will acquire detailed knowledge of multiple areas within the firm.
Must have PM experience in Regulatory Remediation, Policies and Procedures. This is a non-IT/technical, traditional PM role.
Responsibilities will include:
- Project planning and execution: develop and manage project plans for regulatory remediation efforts, including scope, timelines, resources, and deliverables
- Stakeholder management: coordinate with internal teams, regulatory bodies, and external consultants to facilitate remediation efforts and communicate progress
- Risk Management: identify and manage risks associated with remediation projects, implementing mitigation strategies as needed
- Internal Audit Engagement: work closely with internal audit (IA) teams to address findings and recommendations, ensuring that remediation plans effectively resolve identified issues
- Audit Preparedness: ensure that remediation projects are prepared for internal and external audit, maintaining clear and comprehensive documentation of remediation activities
- Monitoring and Reporting: track project progress, prepare status reports, and present findings to senior management and stakeholders
- Documentation: maintain comprehensive documentation of remediation activities, including issue tracking, action plans, and outcomes
- Partnering with leadership/divisions to identify, define and document project objectives and requirements
- Working with and across businesses and CFO&E (Controllers, Finance, Operations & Engineering) teams to develop and execute project plans to achieve objectives; identifying key milestones and critical path
- Contributing to project and operating effectiveness by bringing a deep understanding of processes and systems used in Banking
- Structuring ambiguous problems and taking action to solve them without complete information
- Preparing materials for working groups and committees, project dashboards, operating model diagrams, requirement specifications, test plans, etc.
- Conducting detailed problem tracking, resolution and completion of all actions and issues by their deadlines
- Communicating updates, statuses and timelines to stakeholders, and escalating items at risk
- Delivering key results to senior management and addressing their queries
- Supporting teams with best practices, program-wide tools, dashboards and other enablers
Skills and Experience:
- Proven experience in financial services project management, regulatory compliance, or related fields. Experience in internal audit, risk or remediation projects is highly desirable.
- Working knowledge of regulatory requirements relevant to the industry
- Proven experience solving complex thorny problems
- Demonstrated ability to lead and manage multiple projects and meet competing deadlines – deep project management skills are a must
- Drive, motivation and resilience – ability to handle multiple tasks, taking initiative to improve his/her own performance, working intensely towards goals and persisting in the face of obstacles or setbacks
- Ability to build long-term relationships and consensus across divisions
- Collaborative and team-oriented, encourages other team members and acknowledges others’ contributions
- Exceptional attention to detail
- Strong written and oral communication skills with confidence and ability to create, structure and present messages to senior audiences
- Strong analytical, quantitative, and MS Excel skills
- Excellent critical thinking and problem-solving skills
- Ability to coordinate activities with multiple interdependencies across a number of GS internal teams. You will be key in connecting various functions or teams and sharing information
- Creativity and innovation, with an ability to critically examine current processes to propose and develop improvements
- Ideally a strong understanding of Investment Banking businesses, financial concepts, products and services
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 GS.com/careers.
We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity.
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Compliance, Implementation and Execution Office, Project Management, Executive Director, London employer: Goldman Sachs Bank AG
Contact Detail:
Goldman Sachs Bank AG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compliance, Implementation and Execution Office, Project Management, Executive Director, London
✨Tip Number 1
Familiarize yourself with the latest regulatory requirements and compliance trends in the financial services industry. This knowledge will not only help you understand the role better but also demonstrate your commitment to staying updated, which is crucial for a position focused on regulatory remediation.
✨Tip Number 2
Network with professionals in the compliance and project management fields. Attend industry events or webinars where you can meet people who work at Goldman Sachs or similar firms. Building these connections can provide you with insights into the company culture and the specific challenges they face.
✨Tip Number 3
Prepare to discuss your experience with complex project management scenarios, particularly those involving regulatory compliance. Be ready to share specific examples of how you've successfully managed projects, identified risks, and collaborated with various stakeholders to achieve results.
✨Tip Number 4
Showcase your analytical and problem-solving skills during interviews. Be prepared to tackle hypothetical scenarios related to compliance and project management, as this will highlight your ability to think critically and navigate complex issues effectively.
We think you need these skills to ace Compliance, Implementation and Execution Office, Project Management, Executive Director, London
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Executive Director position in Project Management. Familiarize yourself with compliance and regulatory frameworks relevant to financial services.
Tailor Your CV: Customize your CV to highlight your project management experience, especially in regulatory remediation and compliance. Use specific examples that demonstrate your ability to manage complex projects and stakeholder relationships.
Craft a Compelling Cover Letter: Write a cover letter that clearly articulates your motivation for applying and how your skills align with the job description. Emphasize your experience in financial services and your problem-solving abilities.
Highlight Relevant Skills: In your application, make sure to showcase your analytical skills, attention to detail, and ability to communicate effectively with senior management. Provide examples of how you've successfully led projects and managed risks in previous roles.
How to prepare for a job interview at Goldman Sachs Bank AG
✨Understand Regulatory Requirements
Make sure you have a solid grasp of the regulatory landscape relevant to the financial services industry. Be prepared to discuss how your experience aligns with compliance and regulatory remediation efforts.
✨Demonstrate Project Management Skills
Highlight your project management experience, especially in complex environments. Be ready to share specific examples of how you've successfully managed timelines, resources, and stakeholder expectations in previous roles.
✨Showcase Problem-Solving Abilities
Prepare to discuss challenging problems you've faced in past projects and how you approached solving them. Emphasize your critical thinking skills and ability to navigate ambiguity.
✨Communicate Effectively
Strong communication skills are essential for this role. Practice articulating your thoughts clearly and confidently, especially when discussing project updates or presenting findings to senior management.