Compliance, Regulatory Affairs Compliance, Associate, Frankfurt

at  Goldman Sachs

OUR IMPACT

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.

EXPERIENCE/SKILLS

• University degree - first professional compliance/ financial services experience desirable
• 1+ years’ Compliance or other relevant financial services experience
• Good knowledge of the European regulatory environment for the Compliance function (e.g. ESMA GL, EBA GL, MaComp, MaRisk, MaDepot etc.)
• Experience of working with MaRisk and/or MaDepot
• Understanding of statistical reporting requirements/AWV reporting is an asset
• Good interpersonal skills and effective written/oral communication skills
• Excellent organisational skills
• Attention to detail
• Fluent in English and German.

• Maintain and draft entity level policies and procedures for the Compliance function
• Facilitate cross-divisional and cross-regional alignment for policy creation
• Conduct key Compliance controls on entity policies
• Advise on reporting obligations, incl. custody requirements and statistical reporting to regulators
• Coordinate on the governance documentation of GSBE
• Support Project management and Board reporting acc. to MaRisk
• Support the entity Risk Assessment