Associate - COMP4851416
MORE ABOUT THIS JOB
Associate with Goldman Sachs & Co. LLC in Salt Lake City, UT.
Work Schedule: 40 hours per week (9:00 a.m. to 6:00 p.m.) RESPONSIBILITIES AND QUALIFICATIONS
Duties: Associate with Goldman Sachs & Co. LLC in Salt Lake City, UT. Interact with members of Investment Banking, Merchant Banking and Securities Division teams to identify the status of transactions on an ongoing basis and ascertain applicable legal and policy restrictions on securities sales, trading and research activity. Maintain the integrity of the Firm's information barrier by monitoring the receipt and possession of material non-public information on both the private and public side of the Firm's businesses. Work with deal team personnel to analyze the material impact of each active deal on tradable financial instruments based on financial calculations and company strategies. Help maintain a log of entries for each active deal that involves material, non-public information within an internal Compliance database; record notes and summaries of these discussions and decisions within this same internal Compliance database. Review drafts of Equity and Credit investment research reports and financial models prepared by Global Investment Research, in addition to proposed securities transactions from the Securities and Investment Management Divisions, to advise whether publication or sales and trading activity is permissible in light of existing restrictions. Respond to inquiries from the Compliance Testing Group, Internal Audit, and industry regulators regarding exams, inquiries and investigations into the Firm's adherence to regulations, policies, and agreements. Apply the Global Research Settlement rules and associated Firm policies and procedures and monitor communications between Equity Research and Investment Banking personnel. Work with Investment Banking, Merchant Banking, Credit Risk Management and the Conflicts Resolution Group to facilitate review and approval for certain Firm and client transactions and subsequent risk management activities.
Job Requirements: Bachelor's degree (U.S. or foreign equivalent) in Finance, Economics, Financial Economics, Law or a related regulatory finance/business discipline. Three (3) years of experience in the role offered or a related role involving regulatory review. Must have prior work experience with: Evaluating criteria of Rule 138 and 139 to identify whether safe harbor from liability under Section 5 of the 1933 Securities Act applies to securities offerings being underwritten; Evaluating materiality of a diversity of transactions to the entities involved in those transactions; Soliciting relevant information from business-side personnel to identify and enact blocks to business and personnel trading; Fielding calls and advise trading businesses as to permissible trading, views, and communications under the current restrictions; Responding to inquiries to regulators and internal testing groups about policies, procedures, and transaction history; Identifying information barrier discrepancies among committee participants and enact restrictions to allow full participation of committee members; Reviewing and denying business-side requests that contradict firm compliance policies, while still maintaining relationships with key stakeholders; Gathering complex set of transaction facts and quickly distill them down to the key relevant data points necessary to provide compliance guidance; Applying familiarity with the wide range of financial services offerings by a large investment bank, as well as demonstrating an understanding of how the undertakings of a given division or business line can impact the broader firm activities; and The lifecycle of investment banking transactions and experience leveraging that knowledge/experience to facilitate the timing of business movements. ABOUT GOLDMAN SACHS
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 .
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