Posted 8 days ago
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**Compliance, Asset Management Compliance Associate, New York, NY** Drive ERISA compliance efforts for asset management division, managing complex regulatory audits, and advising internal stakeholders. Key responsibilities involve maintaining compliance programs, managing regulatory audits, and enhancing firm processes. Collaborate daily with various business teams and control functions. Ideal candidate has 3+ years in Compliance/Legal/Financial Services, ERISA experience is a plus. Excellent communications and project management skills required. Bachelor's degree necessary.
- Compensation
- $85,000 – $140,000 USD
- City
- New York City
- Country
- United States
Currency: $ (USD)
Full Job Description
Asset Management (AM) Compliance
We are seeking a compliance Associate to join the AM Compliance team in New York. AM Compliance provides daily advice to AMs various business teams on portfolio management, investing and lending activities, fundraising, the Investment Advisers Act, Investment Company Act, ERISA, and other various regulatory requirements. The individual will assist with managing complex regulatory audits focused on ERISA compliance and, in doing so, will interact with different business lines and control functions, including AMs Portfolio Management teams, Sales, Finance, Operations, Engineering, Legal, and Internal Audit. This is a highly collaborative role that will require excellent communication skills and strong project management skills. The ideal candidate will have a strong interest in understanding AMs business model and operational processes, as well as leveraging strong communication and relationship-building skills in frequent interactions with internal stakeholders and external auditors. The role requires excellent writing and project management skills, a strong understanding of applicable regulatory requirements, and the ability to communicate complex information clearly and concisely.
Principal Responsibilities:
Assist with maintaining the compliance programs for SEC registered advisers, with an emphasis on ERISA
Assist with managing a complex regulatory audit, including interfacing with auditors regarding information requests and the firms responses
Conduct informational interviews and gather responsive documentation
Prepare written responses to information requests
Coordinate meetings with auditors
Advise internal stakeholders on auditors expectations and prior firm interactions
Persistently follow-up with colleagues to ensure that appropriate information is obtained and timely recorded
Monitor the firms progress in completing undertakings made to auditors during the course of the audit
Keep detailed records of regulatory correspondence
Advise internal stakeholders on potential enhancements to firm processes and controls identified during regulatory interactions
Develop, draft and maintain compliance policies and procedures outlining firm requirements, regulations and best practices
Create and deliver compliance trainings
Qualifications:
Bachelor's degree required
3+ years of Compliance, Legal, Regulatory or Financial Services industry experience
Excellent communications skills (oral and written), judgment, organizational skills, and project management skills
Ability to handle multiple tasks simultaneously and work in a fast-paced environment
Experience with ERISA regulations applicable to asset managers a plus
Salary Range
The expected base salary for this New York, NY, United States-based position is $85000-$140000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.
Benefits
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.
