Compliance, Private Wealth Management Compliance, Associate, Geneva

Location(s) CH-ZH-Zurich
Job ID
2021-75802
Schedule Type
Full Time
Level
Associate
Function(s)
Compliance
Region
EMEA
Division
Compliance
Business Unit
PWM Compliance
Employment Type
Employee

MORE ABOUT THIS JOB

YOUR IMPACT 

 

A position where you will help ensure the firm is compliant with the appropriate rules and regulations within the private banking and wealth management industry. We're looking for a professional to join our Private Wealth Management (PWM) Compliance team in Geneva, who wants to use their drive, enthusiasm and abilities to provide world class advisory and compliance guidance to our PWM business.

 

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 & 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.

RESPONSIBILITIES AND QUALIFICATIONS

HOW YOU WILL FULFILL YOUR POTENTIAL

 

PWM Compliance is a unit within Global Compliance that services the Private Wealth Management area within the Consumer and Wealth Management Division. The role of Compliance within PWM 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. The Swiss Compliance team has team members based in Zurich and Geneva and is a part of the Global PWM Compliance team with other team members in London, New York, Hong Kong, Singapore and Frankfurt. The Swiss Compliance team primarily focuses on supporting the PWM business with respect to: travel and cross-border topics; client onboarding across a diverse range of client jurisdictions and legal structures; review and approval of marketing materials; trade approvals including complex products; review of errors and client complaints; training of new rules and regulations and providing on-going day to day support and advice to the Swiss PWM Business.

 

Role Responsibilities:

  • Working in collaboration with the PWM Swiss and EMEA wide Compliance team to deliver day to day advisory functions including but not limited to: Post- and Pre-Trade surveillance and compliance monitoring of business activity, including cross-office surveillance and review of automated surveillance reports
  • Review and approval of marketing materials prepared for distribution to clients/prospects; review of travel activity and assessment of cross-border rules/situations
  • Monitoring of record keeping requirements / audit trails / file note review
  • Trade reviews/approvals including complex products
  • Support internal and external audit preparation work
  • Working in collaboration with the PWM Swiss and EMEA / Global PWM Compliance colleagues on investigative trade and client reviews, and targeted forensic surveillance, including but not limited to: focused Conduct Risk reviews including review of emails, client files and discussions with PWM professionals
  • Forensic reviews including E-surveillance and email traffic

 

Basic Qualifications:

  • University degree and/or professional compliance / financial services qualification
  • Strong investigative, analytical and problem solving skills with the ability to exercise sound and balanced judgment
  • Good interpersonal skills and effective written/oral communication skills (fluent English; German/French is of substantial benefit)
  • Excellent attention to detail
  • Proficient in MS office tools including strong knowledge of MS-Excel
  • Ability to handle multiple tasks and work under pressure
  • Ability to work both independently and as part of a team

 

Preferred Qualifications:

  • Knowledge of Swiss and EU regulatory environment is advantageous
  • Knowledge of products and trading strategies used by PWM, e.g. structured products, alternative investments, derivative is advantageous
  • Private wealth management / product compliance experience preferred

ABOUT GOLDMAN SACHS

Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.  The Goldman Sachs Group, Inc., 2015. All rights reserved.