Compliance - Regulatory Practice Group - Associate - Bengaluru

Location(s) IN-KA-Bengaluru
Job ID
Schedule Type
Full Time
Business Unit
Regulatory Practice Grp
Employment Type



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. 


Principal Responsibilities

Grasp business, compliance and regulatory rules and policies
Perform and prepare reports relating to surveillances including but not limited to holdings, positions, personal account trading, restricted trading
Take ownership and provide feedback on reports, creating checklists and resolving exceptions
Provide guidance to internal clients on appropriate interpretation and application of policies/procedures
Escalate situations, as appropriate, to relevant divisional compliance officers and business unit managers
Assist regional compliance in ongoing projects, responding to changes in the firm’s businesses and changes in regulation
Execute and manage global ad-hoc projects based on compliance or business requirements that helps in enhancing the compliance of the firm
Taking ownership of processes and controls within the team, driving the development of methods to improve processes and / or controls to ensure that these are efficient, effective and relevant
Seeking and implementing automated solutions (for manual processes and anticipated future requirements), which will involve providing direction and requirements to Technology as well as acting in partnership with Technology
Leverage strong communication and relationship-building skills in frequent interaction with other areas of the firm and professionals across the globe
Identify and effectively escalate potential issues to the appropriate person/s
Communicate findings to compliance colleagues and suggest potential corrective actions to address issues
Complying with internal controls, policies and procedures and regularly reviewing and updating procedures and training documentation


Experience / Skills / Systems Requirements

Strong communications skills; oral, written and interpretive – must be able to comprehend what is said/written and ask probing questions
Attention to detail and strong follow-up skills
Ability to forge strong relationships with colleagues and clients
Possess a general understanding of the current regulatory environment and financial markets and/or securities regulation and rules
Strong analytical and risk assessment skills
Ability to handle multiple tasks simultaneously and work under pressure
Proactive, self motivated and organized
Ability to prioritize and make decisions in a fast paced-environment
Good judgment – know when and how to escalate issues
Inquisitive and investigative skills
Basic understanding of the fundamentals of the financial industry
Experience in financial, legal, accounting or regulatory areas is preferred

Computer Skills

Microsoft Office Applications
Visual Basic for Applications programming is a desired but not required skill set



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. The firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Bangalore, Hong Kong and other major financial centers around the world.