Asset & Wealth Management, Regulatory Solutions, Vice President - New York

3 weeks ago


New York NY United States Goldman Sachs Full time
GOLDMAN SACHS ASSET & WEALTH MANAGEMENT

A career with Goldman Sachs Asset & Wealth Management is an opportunity to help clients across the globe realize their potential, while you discover your own
As part of one of the world's leading asset managers with over $2 trillion in assets under supervision, you can expect to participate in exciting investment opportunities while collaborating with talented colleagues from all asset classes and regions, and building meaningful relationships with your clients
Working in a culture that values integrity and transparency, you will be part of a diverse team that is passionate about our craft, our clients, and building sustainable success
Bringing together traditional and alternative investments, Goldman Sachs Asset & Wealth Management provides clients around the world with a dedicated partnership and focus on long-term performance
As a primary investment area within Goldman Sachs, we provide investment and advisory services for pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors, and individuals

ASSET & WEALTH MANAGEMENT: REGULATORY SOLUTIONS

Within Asset & Wealth Management, we seek to provide innovative investment solutions to help our clients meet their financial goals
We work with specialists and groups from around the firm to help individuals and institutions across various industries navigate changing markets and to provide them with a diverse offering of product solutions
Financial planning, investment management, banking and comprehensive advice is provided to a wide range of clients, including ultra-high net worth and high net worth individuals, as well as family offices, foundations and endowments, and corporations and their employees
Our growth is driven by a relentless focus on our people, our clients, and leading-edge technology, data and design
We value self-starters with an entrepreneurial spirit, providing the support and resources to ensure your success

The Asset & Wealth Management Strategic Transformation Office is a recently established entity tasked with overseeing comprehensive large-scale transformations
Our primary objectives are to enhance scalability, drive revenue growth, improve client experience, and elevate controls to optimize our operating platform
This group comprises of four critical functions, including (1) Product Management & Design, (2) Change Management, (3) Regulatory Management, and (4) Monitoring & Testing

The global AWM Regulatory Management team acts as the key partner for the AWM business for regulatory matters
The team manages the regulatory strategy and roadmap for the AWM business providing coverage on global regulations and policies landscape
The team is responsible for reviewing the regulatory horizon, analyse upcoming regulations and assess impact to the business products, activities, and investors/consumers
Regulatory Solutions act as co-sponsors of the new regulations and represents the views of the business on regulatory change governance forums
The team is also responsible for performing regulatory due diligence for new business activities by performing detailed regulatory assessments for the launch of new products, funds or trading activity keeping in mind current live and new upcoming regulatory considerations
The team has strong stakeholder relationships with AWM Business, Legal, Compliance, Engineering and other functional teams, who they work with closely on the above regulatory objectives

HOW YOU WILL FULFIL YOUR POTENTIAL
  • Build strong senior stakeholder relationships that will be required when performing complex analysis across multiple businesses and propose solutions to these stakeholders for new regulatory changes
  • Build a deep understanding of the Asset and Wealth Management business through analysing the applicability and impact of new regulatory policies and rules to each business area
  • Learn to break down complex problems (regulatory challenges) by collaborating with the team, key stakeholders, and regulatory experts within the firm
  • Lead strategic cross divisional discussions, deploying appropriate methodologies and governance tools, to drive the timely delivery of analysis and agreed approach
  • Exert influence and impact, to drive the engagement, the impact analysis and to agree the key implementation considerations
SKILLS & EXPERIENCE WE'RE LOOKING FOR
  • Required - minimum 7+ years' relevant experience, in a comparable role
  • Required - understanding or asset management products (closed/open funds, traditional or alternatives), the wealth management investment platform (which includes investment advice, trust & estate planning, liquidity and lending), and wider operational platform/ecosystems
  • Preferred - 5+ years' experience in the consulting industry, preferable regulatory change/consulting and working in the capital markets / asset management practice (or group)
  • Preferred - 3+ years' experience working as part of business or regulatory function owning the regulatory strategy, roadmap, analysis and implementation of new regulations for the business
  • Preferred - 5+ years' experience working as part of Asset and/or Wealth management Risk, Controllers, Compliance or Audit functions with active involvement on regulation assessments and implementations
  • Have a strategic mindset with strong problem-solving skills, data analysis skills, and able to provide creative & innovative solutions
  • Strong change management skills including definition of business case & scope, articulation of issues, challenges, risks, dependencies & solutions, status reporting and test execution
  • A proven track record of owning, designing, and executing solutions for complex problems.
  • Proven experience in building and managing senior stakeholder relationships, coordinate and collaborate strong-minded stakeholders across functions and influencing them to focus on the key problems and outcomes
  • Drive to execute, ability to collaborate and learn from others in the team and deliver high quality deliverables
  • Excellent communication and interpersonal skills, written and oral; confident in interaction with senior stakeholders
Salary Range
The expected base salary for this New York, New York, United States-based position is $125000-$250000
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



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