At a Glance
- Tasks: Guide innovative products through their lifecycle, from research to launch and beyond.
- Company: Join Goldman Sachs, a leading global investment banking firm with a commitment to diversity.
- Benefits: Enjoy competitive salary, health insurance, generous vacation, and wellness programs.
- Other info: Dynamic work environment with opportunities for professional growth and development.
- Why this job: Make a real impact in compliance while working with cutting-edge technology and diverse teams.
- Qualifications: Bachelor's degree and 3+ years in Product Management or related fields required.
The predicted salary is between 55000 - 65000 £ per year.
The Goldman Sachs Compliance Division prevents, detects and mitigates regulatory and reputational risk across the firm, and helps to strengthen the firm's culture of compliance. As an independent control function and part of the firm's second line of defense, 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
- Leads the firm's response to regulatory examinations, audits and inquiries
Compliance Engineering empowers these activities by building and operating a suite of software platforms and applications. We are a team of more than 300 engineers who work on the most complex, mission-critical problems. We have access to the latest technology and to massive amounts of structured and unstructured data. We leverage modern frameworks to build responsive and intuitive UX/UI and Big Data applications, incorporating cutting-edge AI and efficient processes to drive them. Compliance Engineering does not build tools in a silo. Our user base spans thousands of users globally. We partner with Compliance Officers across divisions, to fully understand the financial products, business strategies, and regulatory regimes. This knowledge enables us to build long-lasting software solutions, and to innovate with a purpose.
Your Role
The Compliance Engineering Product Management team is responsible for guiding products through all stages of their lifecycle, including research, design, scoping, delivery, promotion and post-launch monitoring, tailoring solutions to meet the evolving needs of our users. As a member of our team, you will partner globally across multiple divisions and engineering teams to create end-to-end solutions. You will be able to innovate and incubate new ideas, and you will learn and share knowledge across the organization. You will have an opportunity to work on a broad range of projects, such as developing and scaling risk assessment tools, visualizing patterns of customer or employee behavior in an investigative UI; outlining the regulatory change management workflow and solution; deploying AI solutions; and automating Compliance workflows with new platforms and virtual assistants. You will help design our products and drive the delivery of Compliance Engineering projects.
Your key responsibilities would include:
- Working with project sponsors and key stakeholders to establish a clear product strategy and road map and to define and actively manage project scope, plan, budget, timeline, deliverables, and dependencies
- Collaborating with Engineering and Compliance stakeholders to translate product strategy into technical execution
- Conducting user research: current state assessments, job shadowing, requirements gathering
- Rationalizing user requirements across a broad cross section of Compliance and translating those requirements to “user stories” for delivery by the development teams
- Developing and managing the product backlog along with sprint execution and product launches
- Designing, developing and maintaining a project’s reporting framework, and communicating with key stakeholders on progress of the project
- Coordinating the flow and prioritization of requests from all stakeholders and product backlog
- Signing off on all functional delivery prior to production release
- Understanding and managing impact across integrated applications
- Maintaining connectivity with the user community: monitoring usage of the product post-launch and validating product performance
Qualifications
- Bachelor’s degree in Computer Science, Business, Finance, Engineering, or equivalent practical experience managing / launching technical products and projects
- 3+ years of experience in Product Management, Operations, Change Management, or Project/Program Management roles, including experience driving the product vision, design, and launch strategy
- Experience owning a backlog and knowledge of functional areas such as product management, engineering, user experience, user research; working knowledge of financial markets and products
- Proven ability to influence cross-functional teams without direct authority
- Must work well in a global team, multi-tasking environment and under pressure
- Adaptability and being comfortable with uncertainty
- Exceptional written and verbal communication skills with the ability (and tenacity) to clearly express ideas and arguments in meetings and on paper
- Strong analytical and problem-solving skills with exceptional attention to detail. Demonstrate exceptional prioritization skills whilst delivering quality work.
- Knowledge of the financial industry and compliance or risk functions would be welcome but are not expectations.
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.
We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process.
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. 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.
Compliance - Product Management - Associate - Birmingham Birmingham · United Kingdom · Associate employer: Goldman Sachs Bank AG
Goldman Sachs Bank AG is an exceptional employer, offering a dynamic and inclusive work environment that fosters professional growth and development. As a DCM Associate in London, you will have the opportunity to engage in high-stakes financing transactions while building valuable relationships in the private equity market. With a strong emphasis on collaboration and innovation, employees are encouraged to thrive and excel in their careers.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance - Product Management - Associate - Birmingham Birmingham · United Kingdom · Associate
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Goldman Sachs Bank AG looking for candidates who are engaged and informed.
We think you need these skills to ace Compliance - Product Management - Associate - Birmingham Birmingham · United Kingdom · Associate
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Goldman Sachs Bank AG. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Goldman Sachs Bank AG
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Goldman Sachs Bank AG’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
