Office of Regulatory Relations, Regulatory Compliance, Vice President/Associate - Frankfurt Fra[...]

Office of Regulatory Relations, Regulatory Compliance, Vice President/Associate - Frankfurt location_on Frankfurt, Hessen, Germany

OFFICE OF REGULATORY RELATIONS

The Office of Regulatory Relations protects the firm's regulatory reputation by managing its relationships with regulators and auditors and enhancing the firm's overall regulatory compliance. We set standards for all regulatory interactions at the firm and oversee certain areas of enhancement. We welcome people from a variety of academic and professional backgrounds who are interested in the regulatory landscape. This division is ideal for collaborative individuals who feel comfortable interacting with various stakeholders across the firm, as well as our regulators and auditors. Our work contributes directly to the firm’s success whether managing regulatory exams and audits, implementing, overseeing and assessing significant remediation initiatives and effectiveness, communicating with regulators or establishing firmwide regulatory standards.

A Vice President/Associate within ORR must have the ability to:

• Leverage strong communication and relationship-building skills in frequent interaction with other areas of the firm, in particular, senior stakeholders and regulators
• Strongly communicate verbally and in writing including accelerate timely any blockers/setbacks
• Identify common themes across all the regulatory and audit topics to create synergies and efficiencies, timely remediation, and to push pre-emptive measures to avoid future findings
• Demonstrate resiliency and creativity when under pressure and when managing time-sensitive demands from competing stakeholders
• Demonstrate strong written and oral communication, as well as analytical abilities
• Grasp and keep abreast of relevant law, rules and policies
• Be unfailingly detail-oriented, so as to consistently produce accurate work product
• Effectively and efficiently conduct business by phone with both internal and external stakeholders
• Spot and suggest potential corrective actions to address regulatory issues surfaced during the course of regulatory interactions
• Work independently and exercise strong judgment when executing an assigned task
• Multi-task and have the ability to manage and advance multiple projects simultaneously
• Identify and effectively elevate potential issues to appropriate person(s)
• Meet tight deadlines and comfortably operate in the face of time constraints
• Persistently follow-up with colleagues to ensure that appropriate information is obtained and timely recorded

BASIC QUALIFICATION

• At least five years of relevant post-undergraduate work experience
• Expertise with Microsoft PowerPoint, Microsoft Word, and Excel
• Business-level fluency in English, both orally and in writing. Fluency in German is beneficial
• Excellent time management, analytical and communication skills
• Integrity, motivation, intellectual curiosity and enthusiasm
• Familiarity with financial products and markets
• Experience working on behalf of financial institutions with respect to regulatory or legal matters

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.

We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.

We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more:

We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.

We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.

Financial Wellness & Retirement

We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees to prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.

Health Services

We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.

Fitness

To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).

Child Care & Family Care

We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.

Benefits at Goldman Sachs

Read more about the full suite of class-leading benefits our firm has to offer.