Compliance, Asset Management (“AM”) Compliance, Associate, Dallas

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.  
This position sits in the divisional compliance team that covers the Asset Management (“AM”) business within Goldman Sachs’ Asset & Wealth Management (“AWM”). Asset Management delivers innovative investment solutions through a global, multi-product platform that offers clients the advantages that come with working with a large firm, while maintaining the benefits of a boutique. AM’s clients are global, with complex challenges that require deep investment expertise and dedicated client service to help them achieve their unique investment goals. AM serves a diverse range of clients – individuals, financial advisors, and institutions – who rely on AM to help them understand markets, deliver innovative investment solutions and plan for their future.

RESPONSIBILITIES AND QUALIFICATIONS

Asset Management (“AM”) Compliance is seeking a compliance Associate to join the US AM Sales and Marketing Compliance team in Dallas. The role will provide day-to-day compliance advice and oversight relating to the development, review and use of marketing materials and communications for AM products, services and investment capabilities, including applicable regulatory requirements and reputational risk considerations. The individual will partner with AM’s Marketing teams and work closely with regional Compliance, Legal, Operations, Engineering, Internal Audit and other control functions. This is a highly collaborative role that requires sound judgment, strong writing and communication skills, and the ability to translate regulatory requirements into practical guidance. The ideal candidate will have a strong interest in regulatory compliance and in understanding AM’s business model, products, marketing channels and content-development processes.

Principal Responsibilities:

- Provide compliance oversight and practical guidance to AM Marketing personnel regarding the development, review, approval and use of marketing materials and communications.
- Review and advise on marketing materials and other content used to describe or promote AM products, services and investment capabilities.
- Analyze and stay current on laws, rules, regulations and regulatory expectations applicable to investment adviser advertising, fund marketing and related communications in the United States and abroad.
- Advise on new marketing channels, campaigns, content formats and other business initiatives, including the development of practical compliance controls and escalation processes.
- Develop, draft and maintain compliance policies and procedures outlining firm requirements, jurisdictional requirements, applicable regulations and best practices for marketing activities.
- Create and deliver compliance training for relevant stakeholders.
- Perform compliance monitoring and testing, including reviews of surveillances and targeted or forensic reviews, to assess marketing compliance risks and identify potential breaches or control enhancements.
- Coordinate with business and control-function stakeholders to address regulatory developments, compliance issues and remediation activities relating to marketing.
- Assist with regulatory examinations, audits and inquiries, including gathering information, preparing responses and tracking follow-up items.

Qualifications:

- Bachelor’s degree required; JD or MBA a plus.
- 3+ years of Compliance, Legal, Regulatory or Financial Services industry experience.
- Experience advising on advertising or marketing compliance matters within asset management or another regulated financial services business preferred.
- Working knowledge of the regulatory framework applicable to investment advisers, registered investment companies, broker-dealers and the marketing of investment products preferred.
- Excellent written and oral communication skills, sound judgment, strong organizational skills and attention to detail.
- Strong project-management and relationship-building skills, with the ability to collaborate effectively across business, regional and control-function teams.
- Ability to analyze complex regulatory requirements, communicate them clearly and develop practical, risk-based solutions.
- Ability to manage multiple priorities and work effectively in a fast-paced environment.

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