Job Summary & Responsibilities
Goldman Sachs Global Compliance is dedicated to protecting the reputation of the firm, managing risk and helping to advance the business of the firm. From global financial centers to important developing markets, Global Compliance professionals interpret and ensure compliance with regulatory requirements and determine how the firm can appropriately pursue global market opportunities. Global Compliance is organized broadly into divisional compliance groups and centralized compliance groups. This supports the Private Wealth Management Business.
Private Wealth Management Compliance is seeking an Associate to join our team and be based out of our Chicago office. As part of this team, the primary responsibilities will include:
- Monitoring and conducting surveillances focusing on compliance with regulatory and/or internal controls
- Assessing financial product and transaction suitability relating to a range of clients, ensuring strict compliance with regulations and internal policies
- Interacting with the Midwest PWM business, Divisional Compliance, Legal and Operations teams on a daily basis
- Reviewing marketing materials that are used to pitch Private Wealth Management products and services to clients
- Advising Private Wealth Management teams on regulations, policies and client issues
- Participating in US PWM and Global Compliance projects and initiatives
Basic Qualifications:
- Bachelor’s degree required
- Three years of relevant experience
Skills and Characteristics:
An ideal candidate should:
- Have experience with legal, regulatory and compliance issues in the financial industry
- Possess excellent interpersonal skills - team player, able to forge relationships, build consensus, and influence decisions
- Work well under pressure and has a positive, hands-on, “can do” attitude
- Be able to devise and implement creative and innovative solutions
- Possess strong analytical and risk assessment skills as well as concise verbal and written communication skills
- Be a quick learner and self-starter, with the ability to work effectively with minimal supervision
- Have the ability to multi-task and adapt to new situations and a dynamic work environment
- Hold the Series 7, 9 and 10 or be willing and able to pass exams in a reasonable period of time
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
Salary Range
The expected base salary for this Chicago, IL, United States-based position is $65000-$120000. 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.
Skills Required
- Bachelor's degree
- Three years of relevant experience
- Experience with legal, regulatory and compliance issues in the financial industry
- Hold Series 7, 9 and 10 or be willing and able to pass exams in a reasonable period
- Experience monitoring and conducting compliance surveillances
- Experience assessing financial product and transaction suitability
- Experience reviewing marketing materials for compliance
- Strong analytical and risk assessment skills
- Excellent interpersonal, communication and relationship-building skills
- Ability to work under pressure, multitask, and operate with minimal supervision
Goldman Sachs Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Goldman Sachs and has not been reviewed or approved by Goldman Sachs.
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Healthcare Strength — Coverage includes medical, dental, vision, disability, life and accident insurance, with multiple plan options and most premiums subsidized; coverage often starts on day one. Wellness resources, on-site health centers in some locations, and EAP access reinforce the depth of health support.
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Parental & Family Support — Family care includes on-site childcare in some offices, expectant parent resources, and transitional programs for returning parents. Feedback suggests parental leave is very generous, with reports of around 20 weeks paid leave and stipends for adoption, surrogacy, and fertility-related services.
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Retirement Support — The firm provides a 401(k) plan with employer matching contributions and broad financial education to help employees plan for retirement. Resources also support saving for education and preparing for unexpected events.
Goldman Sachs Insights
What We Do
At Goldman Sachs, we believe progress is everyone’s business. That’s why we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, Goldman Sachs is a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices in all major financial centers around the world. More about our company can be found at www.goldmansachs.com
