Office of Regulatory Relations, Regional Country Compliance, Vice President, London London · Un[...]

The Office of Regulatory Relations (ORR) protects the firm’s regulatory reputation by managing its relationships with regulators and enhancing the firm’s overall regulatory compliance. We set standards for all regulatory interactions at the firm, lead the firm’s responses to regulatory examinations, audits and inquiries and oversee certain areas of enhancement. ORR works closely with Global Compliance who prevents, detects and mitigates compliance, regulatory and reputational risks 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 risks; 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. You’ll 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.

The ORR and RCC team have day to day oversight of the firm’s relationships with its regulators and acts as a point of central coordination for EMEA Compliance deliverables and reporting. The team is the first port of call for all regulatory interaction; the team handles enquiries from regulators across EMEA but primarily from the FCA and Senior Manager Function applications and associated reporting for EMEA. In addition to coordinating the programme of regulatory supervisory engagement, its responsibilities also include the management of regulatory audits by the FCA (which typically involve onsite meetings).

As a member of the ORR and RCC team, your day to day role will involve:

• Interpreting / clarifying regulatory requests for information.
• Identifying data sources / owners, obtaining and reviewing data in order to produce the firm’s response to enquiries. This may include trading data, copies of electronic communications and voice recordings, client documentation, etc.
• Liaising with the FCA / PRA to co‑coordinate and arrange regulatory meetings, audits and reviews.
• Working with other Compliance areas and the business to produce responses to information requests ahead of such audits/reviews; assist in the preparation for, and attend, related onsite meetings with the FCA.
• Support the firm’s governance arrangements, including contributing to and managing the framework supporting the firm’s Senior Manager Arrangements.
• You will operate across regulatory programme workstreams to help facilitate and deliver solutions that meet the quality criteria established by Compliance Management.
• Provide analytical, documentary support to compliance project managers and other members of Compliance.
• Support and participate in working groups for solutions development and implementation of regulatory change.
• Produce Compliance Management reporting and materials.
• Oversee compilation and reporting of the annual EMEA Compliance business plan.
• Lead and participate in conduct initiatives for the EMEA Compliance division.
• Facilitate regulatory licensing applications and fee payments to support new and expanded business activities.
• Manage coordination of submission of Compliance‑owned non‑financial regulatory reports.

SKILLS AND EXPERIENCE

• Experience in UK Regulatory engagement role or similar function.
• Familiarity with UK and / or EU financial services regulatory framework.
• Experience in Compliance or a risk‑based function.
• Experience of delivering strategic projects / change management.
• Ability to handle multiple tasks simultaneously and work under pressure.
• Demonstrates excellent communication skills (both written and oral).
• Strong interpersonal skills.
• A team player who can work both independently and collaboratively and is able to prioritize in a fast moving, high pressure, changing environment.
• Strong analytical and problem solving skills.

BENEFITS

• Healthcare & Medical Insurance: We offer a wide range of health and welfare programs that vary depending on office location.
• Vacation & Time Off: We offer competitive vacation policies based on employee level and office location.
• 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.
• 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).
• Fitness: To encourage employees to live a healthy and active lifestyle, some of our offices feature on‑site fitness centers.
• 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.

Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law. We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process.