New

Compliance, Consumer Compliance, Vice President, Wilmington, DE

The Goldman Sachs Group
United States, Delaware, Wilmington
200 Bellevue Parkway (Show on map)
Apr 04, 2025
Global Compliance 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. Your Impact We're looking for a Vice President to join our consumer compliance team covering consumer credit cards. You will focus on supporting the business to ensure flawless execution and mitigation of consumer compliance risks within your areas of oversight. Areas of the business you will focus on including overseeing card processing platform, development of new features and capabilities, and supporting the development and execution of compliance controls and governance processes in the business. How will you fulfill your potential Support compliance with U.S. consumer financial laws and regulations applicable to credit cards issued in the United States Identify compliance risks associated with business processes and practices in areas related to credit card pricing and platforms Participate on cross-functional teams to design processes and capabilities that conform to US consumer financial laws and regulations Partner with business to ensure testing and ongoing monitoring associated with technology change management that properly considers and mitigates compliance risks Support execution of the Firm's compliance program for consumer banking operations, focusing on consumer facing processes Engage with business partners to drive development and execution of compliance program standards and governance practices across all processes and portfolios Support resolution of compliance issues identified in the operating environment, including customer remediation where appropriate Leverage technology to facilitate monitoring and reporting of compliance risk Basic Qualifications 10+ years of compliance, operations, or legal experience in consumer financial services Bachelor's degree or equivalent military experience Subject Matter Expertise and practical experience in managing or overseeing U.S. consumer financial laws and regulations in areas such as billing statements, payments, changes in credit terms, and/or underwriting Knowledge of applicable U.S. federal and state consumer lending laws and regulations as well as industry association standards, including, among others, Truth in Lending Act (Reg Z), Equal Credit Opportunity Act (Reg B), Fair Credit Reporting Act (Reg V), UDAAP Must be self-directed, organized, positive, driven, detail-oriented, and effective in a fast-paced, changing environment Preferred Qualifications Risk management experience in Compliance, Legal, Audit or related field Operational knowledge of consumer banking industry and products Strong understanding of digital and retail focused businesses Strong relationship management skills with ability to deepen relationships and build partnerships across the business and key functional support areas like Internal Audit, Legal, Technology, and Risk 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: https://www.goldmansachs.com/careers/footer/disability-statement.html The Goldman Sachs Group, Inc., 2023. All rights reserved. Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.