Goldman Sachs & Co. Compliance - Compliance Testing Group -Associate- Bengaluru in Bengaluru, Indiana



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.


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.


Looking for an individual that exudes energy, curiosity, and enthusiasm to join the Compliance Testing Group to conduct reviews of employee's compliance with policies and regulations and the firm's compliance control infrastructure. The Group is comprised of individuals with varying backgrounds and experience (former auditors, accountants, regulators, prosecutors, compliance professionals, lawyers and traders) and works with stakeholders in Compliance and business management to obtain consensus and implement corrective actions. The Group leverages its experience in financial products, markets and regulations to conduct reviews across the Securities Division, Investment Banking, Global Investment Research, Merchant Banking, Operations, and Technology.

The principal objective of the Compliance Testing Group is to create and execute detailed testing to assess compliance with regulations and firm policies. This is an exciting opportunity for an individual to work within an international team located in New York, Salt Lake City, London, Tokyo, Singapore, and Hong Kong. The individual will work closely with Compliance and business management, and gain an excellent understanding of both the firm's businesses and the rules and regulations under which the firm operates.

  • Propose methods of testing and execute plans discussed and agreed with a team leader

  • Gather data, perform analyses and document results

  • Identify potential compliance and reputational risks, and effectively escalate to appropriate individuals

  • Meet tight deadlines

  • Multi-task - have the ability to work on several different reviews with different individuals at the same time

  • Leverage strong communication skills to interact with Compliance and business senior management

  • Team with colleagues around the globe to share findings and refine processes

Basic Qualifications

  • Bachelor’s Degree

  • Knowledge of financial products, markets and regulatory policies

  • Knowledge of the securities business and sales practices

  • Excellent interview, presentation and written communication skills

  • Excellent time management, analytical and communication skills

  • Integrity, motivation, intellectual curiosity and enthusiasm

  • Knowledge of Microsoft Word and Excel is a must and knowledge of Access and PowerPoint is useful.

Preferred Qualifications

  • Auditing, testing, accounting, regulatory/law enforcement or trading experience

  • Operational or Compliance experience of Regulatory Reporting and/ or Client Assets preferable

  • Experience in the financial services industry, either working for another broker dealer, law firm, Big 4 firm or regulator

  • Financial instruments product knowledge (a Financial Engineering qualification, CFA, PRMIA or FRM qualifications would be useful)

  • Understanding of information technology systems and standard system implementation methodologies

  • Fluency in English language, both orally and in writing

  • Fluency in French, Spanish, German, Italian, Japanese, Korean, or Mandarin Chinese a plus

  • Understanding of accounting


The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.© The Goldman Sachs Group, Inc., 2018. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.

Job ID2018-43717

Schedule TypeFull Time





Business UnitCompliance Testing Group

Employment TypeEmployee