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.

Market Surveillance Compliance 

The Market Surveillance Compliance team sits within the Global Compliance Department. The team strives to detect potential insider trading, market abuse, violations of regulations and policies related to information barriers, and/or violations of firmwide trading policies through established advanced technology-based trading surveillances. Market Surveillance focuses on establishing surveillances to cover all business units globally. 

Ideally seeking Traders or Ex-Traders familiar with recognizing patterns of trading, or anyone with an extensive background in Market Surveillance.

 Key Responsibilities: 

• Establish investigative protocols
• Perform timely alert review & escalations
• Share information with the 1st LoD
• Share information with regulators (e.g., SARs)
• Track and feed identified issues to Risk Assessment
• Define Performance KPIs and related Improvements
• Identify potential insider trading, information barrier, and market manipulation scenarios through investigations and analysis of trading alerts
• Research market-moving events and create market color, conduct an analysis of the trading in the context of this market color, develop and support a recommendation 
• Investigate potential trading issues flagged by the business units, such as the Global Markets & Banking and Asset and Wealth Management segments
• Liaise with strategy groups, Engineering, and Technology in the development, review, and testing of new/existing automated surveillance models and output 
• Coordinate with the Anti-Money Laundering Group globally on trading-related investigations and potential escalations which may result in the filing of Suspicious Activity Reports (SAR)
• Pursue ad-hoc projects related to trading around market-moving news events such as drug trials, merger & acquisition announcements, offerings, corporate accounting scandals, etc. 
• Participate and potentially lead working groups that focus on enhancing controls/quality of the trade surveillance program

Basic Qualifications:

• Bachelor’s Degree
• 12+ years’ experience in Market Surveillance, Trading or similar backgrounds

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. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html

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

Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity

Salary Range 

The expected base salary for this New York, New York, United States-based position is $115000-$250000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.

Benefits 

Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.

 

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