Compliance Division, PWM Compliance, Analyst, Zurich

at  Goldman Sachs

OUR IMPACT

The Goldman Sachs Group, Inc. is a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in London, Frankfurt, Zurich and Geneva, Tokyo, Hong Kong and other major financial centers around the world. Global Compliance interprets regulatory requirements to ensure the firm is in compliance and determines how to appropriately pursue global market opportunities. Our analysts monitor regulatory trends in every jurisdiction where the firm operates and we work with regulators to manage financial market risk. 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.
PWM Compliance is a unit within Global Compliance that services the Wealth Management area. The role of Compliance is to partner with the business in order to conduct and supervise its business in compliance with regulations and firm policies, help to reduce the firm’s regulatory and reputation risk, and reinforce the firm’s culture of compliance. PWM Compliance provides training of rules and regulations and on-going day to day support and advice to the Swiss Wealth Management Business.

YOUR IMPACT

We’re looking for a professional or recent graduate to join our Private Wealth Management (PWM) Compliance team in Zurich, who wants to use their drive, enthusiasm and abilities to provide compliance advisory and compliance surveillance to our PWM business.
Across Wealth Management, Goldman Sachs helps empower clients and customers around the world to reach their financial goals. Our advisor-led Private Wealth Management businesses provide financial planning, investment management, banking and comprehensive advice to a wide range of clients, including ultra-high net worth and high net worth individuals, as well as family offices, foundations and endowments.

Responsibilities:

• Working in collaboration with the PWM Swiss, London and European Compliance teams to deliver day to day Post- and Pre-Trade surveillance and compliance monitoring of business activity to assist observance of market conduct rules and the Swiss Financial services act.
• Review and approval of marketing materials prepared for distribution to clients/prospects; review of travel activity and assessment of cross-border situations
• Monitoring of record keeping requirements / approvals, creation or update of procedures
• Support internal and external audit preparation work
• Forensic reviews and internal investigations by the more senior compliance officers.

Basic Skills:

• Swiss University degree/diploma or certification in either law or compliance (Bachelor or Master).
• Professional compliance / financial services experience would be a plus, but is not a must – training will be provided on the job by the team
• Native German and oral skills in English
• Excellent attention to detail
• Proficient in MS office tools including strong knowledge of Excel
• Knowledge of or interest in products and trading strategies used in Private Wealth Management, e.g. structured products, alternative investments, derivative is advantageous

• Working in collaboration with the PWM Swiss, London and European Compliance teams to deliver day to day Post- and Pre-Trade surveillance and compliance monitoring of business activity to assist observance of market conduct rules and the Swiss Financial services act.
• Review and approval of marketing materials prepared for distribution to clients/prospects; review of travel activity and assessment of cross-border situations
• Monitoring of record keeping requirements / approvals, creation or update of procedures
• Support internal and external audit preparation work
• Forensic reviews and internal investigations by the more senior compliance officers