Compliance, Consumer Compliance, Vice President, Dublin

Job Description

OUR IMPACT

Our division prevents, detects and mitigates compliance, regulatory and reputational risk across the firm and helps to strengthen the firms culture of compliance. Compliance accomplishes these through the firms enterprise-wide compliance risk management program. As an independent control function and part of the firms second line of defense, Compliance assesses the firms 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 firms 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

As part of the Consumer Compliance team, you will provide compliance support and coverage to the Deposits business. You will also participate in region-wide and global initiatives to enact the Global Compliance mandate and Business Unit priorities.

ROLE AND RESPONSIBILITIES

To fulfil this role you will need to:

• Have extensive consumer regulatory experience on a variety of issues relating to the provision of an on-line digital savings/deposit proposition, including new business initiatives, customer servicing and communications, and changes to existing product and service offerings.
• Be able to develop and oversee a jurisdictional-specific compliance risk management program within a global financial institution, utilising existing enterprise risk management frameworks.
• Have a background/familiarity with depositor protection rules from an EU jurisdiction.
• Develop and enforce a full suite of compliance policies to ensure both the deposits business and its employees operate in a compliant manner.
• Advise on and approve consumer marketing materials relating to savings/deposit accounts.
• Ensure adherence to EU regulations, including implementation of new regulations and regulatory change management.
• Liaise with other Compliance Officers in the Goldman Sachs Compliance Division globally as well as other stakeholders throughout the firm to ensure adherence to firmwide compliance standards.

QUALIFICATIONS AND SKILLS

A strong candidate for this role will satisfy the following criteria:

• At least 6-8 years of work experience as a Compliance Officer preferably focused on EU consumer and depositor protection regulation and Irish consumer protection regulation.
• Understanding of the different regulatory requirements during the lifecycle of consumer products (e.g. product and service design through to implementation, ongoing customer support and marketing).
• Familiarity with digital customer journeys in financial services.
• Bachelors degree or higher.
• Experience in interacting with regulators, or supporting regulatory audits or inquiries.
• Familiarity with legal entity governance and committee management.
• Clear, concise communications skills; able to communicate with impact at senior levels.
• Able and willing to challenge; comfortable with inter-personal conflict; able to build strong professional rapport with stakeholders while maintaining independence as a compliance professional.
• Work independently. Exercise sound judgment, ethics and integrity.
• Fast learner; able to adapt to business and regulatory changes; able to challenge status quo and find new solutions.
• Well organised with the ability to manage both longer term projects and daily, often time-sensitive, escalations.
• Strong analytical, technical and problem-solving skills, with the ability to exercise sound and balanced judgement.
• Take ownership of tasks, progress them independently, and escalate to senior stakeholders when required.
• Work collaboratively and inclusively to come up with solutions to identify and mitigate compliance risks.

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

Were committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: Goldman Sachs Disability Statement

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.

Locations - Opportunity Overview

• CORPORATE TITLE: Vice President
• OFFICE LOCATION(S): Dublin
• JOB FUNCTION: Business Unit Compliance
• DIVISION: Compliance Division

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