Job Description

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.

BUSINESS UNIT OVERVIEW

The Securities Division Programmatic Review Execution Team (“PRET”) is part of the Securities Division Compliance team which provides compliance coverage and support to the Equities and FICC (Fixed Income, Currency and Commodities) Sales and Trading businesses.

Programmatic Review Program comprised of individuals reviews that are designed to assess the firm and the business personnel’s adherence to the policies and procedures by deploying various testing techniques and as a whole represents one of the key pillars to the Securities Division Compliance’s oversight over the businesses.

PRET helps execute Programmatic Review Program which is designed to monitor the compliance and regulatory risks across the Securities Division businesses, and works to develop and/or enhance appropriate risk control measures to mitigate such risks. Post development, PRET performs the reviews and maintains oversight of such controls to ensure the continuing integrity, relevance and proper performance of those controls. Based on varying frequency of the reviews, team members are responsible for executing those Programmatic Reviews and interacting with Line Compliance and the business to conclude on results of the reviews.

PRET works closely with the Business, Line Compliance and Technology across global as well as other groups within the Firm.

PRET is strategically located in Bengaluru to allow close connectivity with key stakeholders in all time zone.

RESPONSIBILITIES

Development of Reviews

Partner with Line Compliance to develop and/or enhance Programmatic Reviews and associated review procedures which may include working with various business and Technology to source appropriated data.

Apply a consistent approach across businesses, products and regions.

Execution of Reviews

Perform Programmatic Reviews based on agreed review procedures with Line Compliance.

Discuss results of the review with Line Compliance and where necessary engage with Business Personnel on any potential findings.

Monitor that the reviews are being performed properly from a qualitative and timeliness perspective.

Identify enhancements to existing review procedures based on results of previous reviews or change of risk profile of the business it covers

Participate in periodic risk assessments.

Management Reporting and Escalation

Monitor and escalate key performance matrix in relation to executing the Programmatic Review Program

Develop and/or enhance tools to track repeat offenders and identify patterns of problematic activity across businesses, products and regions.

Coordinate issues, findings and practices with colleagues across regions and/or divisions.

Management Reporting

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