GLOBAL COMPLIANCE – CF&O Compliance (VP, Tokyo)

At Goldman Sachs, the mandate of Global Compliance is to prevent, detect and mitigate compliance, regulatory, and reputational risk across the firm and help to strengthen the firm’s culture of compliance. Compliance accomplishes this mandate 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. Compliance provides advice on how to conduct the firm’s business in a manner that complies with the vast array of rules, regulations and regulatory expectations around the globe. Importantly, Compliance plays a key role in reviewing and effectively challenging transactions presenting compliance or reputational risks.

BUSINESS UNIT AND ROLE OVERVIEW

Part of the Global Compliance Division, the firm’s Control, Finance & Operating Divisions (“CF&O”) Compliance team is a global team with responsibility for providing compliance coverage to the Control, Finance & Operating Divisions, comprised of Operations, Engineering, Controllers, Corporate Treasury, Risk, Corporate and Workplace Solutions, Corporate Planning & Management, Executive Office, Tax and Human Capital Management divisions and business-aligned operations functions.  The team has members in Singapore, Tokyo, Bengaluru, Hyderabad, Dallas, London, New York, Salt Lake City, and Warsaw.

CF&O Compliance contributes to the compliance mandate by: conducting risk identification, measurement and assessment, monitoring for compliance with laws, rules, regulations and policies, including the identification and investigation of conduct related issues, participating in firm responses to regulatory examinations, audits and inquiries, performing surveillance and investigations of business activities of the above-referenced CF&O groups, testing the effectiveness of controls, writing policies and procedures and communicating regulatory requirements and firm policy expectations to educate others both one-on-one and through compliance learning initiative

ROLE AND RESPONSIBILITIES

In CF&O Compliance in Japan, you will provide Compliance coverage for the CF&O divisions in and/or supporting Japan.  You will also participate in region-wide and global initiatives to enact the Global Compliance mandate.  

To fulfill this role and responsibilities, you will be:

• Conducting risk identification, measurement and assessment
• Monitoring for compliance with laws, rules, regulations and policies
• Participating in firm responses to regulatory examinations, audits and inquiries
• Performing surveillance and investigations of business activities
• Conducting forensic reviews to monitor the CF&O divisions’ compliance with regulations and firm policies
• Communicating regulatory requirements and firm policy expectations to educate stakeholders
• Articulating and maintaining the standards of conduct required of CF&O divisions, as well as the laws, regulations and policies governing these businesses to assist the firm in mitigating regulatory and conduct risk globally

HOW YOU WILL FULFILL YOUR POTENTIAL

• Advise, challenge and influence the CF&O divisions about regulations, policies and reputational risk
• Identify, investigate and manage compliance issues involving the CF&O divisions
• Analyze regulatory changes and enforcement actions to assess the impact to the CF&O divisions, and participate in work to ensure the business is able to support new requirements
• Review surveillance alerts and conduct forensic reviews to monitor the CF&O divisions’ compliance with regulations and firm policies
• Recommend compliance testing work to be performed for the CF&O divisions
• Draft and assist in the implementation of policies and procedures
• Develop and deliver communication and training to the CF&O divisions

QUALIFICATIONS AND SKILLS

A strong candidate for Federation Compliance will satisfy the following criteria:

• Bachelor’s degree; advanced degree in relevant field (e.g., J.D., LL.M., M.B.A.) is a plus but not required
• At least 8 years of work experience, including 3 years as a compliance officer, an internal auditor, or relevant risk management or regulatory experience in Operations/Risk Management division
• Fluent in written and verbal Japanese and English 
• Clear, concise communications skills; able to communicate with impact at senior levels
• Able and willing to challenge; comfortable with inter-personal conflict; able to build strong professional rapport with stakeholders while maintaining independence as a risk manager
• Sound judgment, ethics and integrity 
• Strong analytical, technical and problem-solving skills, with the ability to exercise sound and balanced judgment
• Fast learner; able to adapt to business and regulatory changes; interest to challenge status quo and find new solutions
• Proficient in using technology; able to analyze data sets and summarize findings; comfortable learning new technologies, both as a user and to identify risks
• Takes ownership of tasks, progresses them independently, and escalates to senior stakeholders when required.
• Proactive, self-motivated, assertive and well organized
• Knowledge of regulatory reporting regulations in Japan is a plus
• Knowledge of regulations and practices related to the securities and derivatives markets in Japan is a plus
• Experience working as a regulator, interacting with regulators, or supporting regulatory audits or inquiries is a plus 

ABOUT GOLDMAN SACHS

At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.

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