Office of Regulatory Relations, Regional Country Compliance, Vice President, London

OUR IMPACT

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.

JOB DESCRIPTION

ORR works closely with Global Compliance, which 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 compliance with new or amended laws, rules and regulations; designs and implements controls, policies, procedures and training; conducts independent testing; and investigates, monitors and surveils for compliance risks and breaches.

YOUR IMPACT

We are looking for a highly organised professional with strong analytical and communication skills to join our ORR and Regional Country Compliance (RCC) team and gain exposure to all divisions of Goldman Sachs at all levels.

HOW YOU WILL FULFILL YOUR POTENTIAL

The ORR and RCC team have day‑to‑day oversight of the firm’s relationships with its regulators and act as a central coordination point for EMEA Compliance deliverables and reporting.

The team is the first point of contact for all regulatory interactions, primarily handling enquiries from regulators across EMEA, especially the FCA and Senior Manager Function applications and associated reporting.

In addition to coordinating the programme of regulatory supervisory engagement, responsibilities include managing 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 and clarifying regulatory requests for information.
• Identifying data sources and owners, obtaining and reviewing data to produce the firm’s response to enquiries (including trading data, electronic communications, voice recordings, client documentation, etc.).
• Liaising with the FCA and PRA to coordinate and arrange regulatory meetings, audits and reviews.
• Working with other Compliance areas and the business to produce responses to information requests ahead of audits/reviews; assisting in preparation for and attending related onsite meetings with the FCA.
• Supporting the firm’s governance arrangements, including contributing to and managing the framework supporting the firm’s Senior Manager Arrangements.
• Operating across regulatory programme workstreams to facilitate and deliver solutions that meet Compliance Management’s quality criteria.
• Providing analytical, documentary support to Compliance project managers and other members of Compliance.
• Supporting and participating in working groups for solutions development and implementation of regulatory change.
• Producing Compliance Management reporting and materials.
• Overseeing compilation and reporting of the annual EMEA Compliance business plan.
• Leading and participating in conduct initiatives for the EMEA Compliance division.
• Facilitating regulatory licensing applications and fee payments to support new and expanded business activities.
• Managing coordination of submission of Compliance‑owned non‑financial regulatory reports.

SKILLS & EXPERIENCE

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

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, with offices around the world.

We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process.

© The Goldman Sachs Group, Inc., 2023. All rights reserved.

Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veteran status, disability, or any other characteristic protected by applicable law.

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