Job Description

Global Compliance

Our division prevents, detects and mitigates compliance, regulatory and reputational risk across the firm and helps to strengthen the firm’s culture of compliance. Compliance accomplishes these through the firm’s enterprise-wide compliance risk management program. 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; and leads the firm’s responses to regulatory examinations, audits and inquiries. 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.

Your Impact

Are you passionate about digital consumer banking? We’re looking for a Vice President to join our compliance monitoring team covering consumer credit cards. You will focus on building and managing a compliance monitoring program, designing controls to mitigate regulatory, consumer and reputational risks.

Our Impact

Our consumer compliance monitoring partners with all functional areas of the Cards business and you will have responsibility in identifying, measuring, and mitigating risks.  You will be involved in managing growing this business for the Firm.

How will you fulfill your potential:

• Support compliance with U.S. consumer financial laws and regulations applicable to credit cards issued in the United States
• Support execution of the Firm’s compliance program for consumer banking operations, focusing on consumer facing processes
• Identify compliance risks associated with business processes and practices in areas related to credit card pricing and platforms
• Plan the monitoring program schedule for this Credit Card product
• Present findings to other compliance teams and business stakeholders
• Leverage technology to facilitate monitoring and reporting of compliance risk

Basic Qualifications:

• 10+ years of compliance, operations, or legal experience in consumer financial services
• Bachelor's degree or equivalent military experience
• Subject Matter Expertise and practical experience in building out or managing compliance monitoring on U.S. consumer financial laws and regulations in areas such as billing statements, payments, changes in credit terms, and/or underwriting
• Knowledge of applicable U.S. federal and state consumer lending laws and regulations as well as industry association standards, including, among others, Truth in Lending Act (Reg Z), Equal Credit Opportunity Act (Reg B), Fair Credit Reporting Act (Reg V), UDAAP
• Must be self-directed, organized, positive, driven, detail-oriented, and effective in a fast-paced, changing environment 
• Excellent written and verbal communication skills with the ability to summarize observations and present in a clear, concise manner to peers, managers and senior Consumer Compliance management
• Ability to quickly grasp complex concepts, including global business and regulatory matters 
• Professional maturity and confidence in expressing a point of view with senior management 

Preferred Qualifications: 

• Risk management experience in Compliance, Legal, Audit or related field
• MBA or JD a plus
• Operational knowledge of consumer banking industry and products
• Strong understanding of digital and retail focused businesses
• Strong relationship management skills with ability to deepen relationships and build partnerships across the business and key functional support areas like Internal Audit, Legal, Technology, and Risk
• Past experience building and maintaining key relationships, establishing and fostering a culture of stakeholder engagement, and leveraging strong communications skills to interact across departments and functions 
• Spanish fluency a plus

   

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. 

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