Compliance - Global Privacy Office - Associate - Bengaluru

Bengaluru, Karnataka, India

Goldman Sachs

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.

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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

This is an exciting opportunity to be the first member of Goldman Sachs’ Global Privacy Office in the Asia and Pacific (APAC) region.  The successful candidate, who will work from Goldman Sachs’ Bengaluru office, will work on multiple regional and global programs managed by the Global Privacy Office to deliver on our privacy strategy and respond to critical regulatory deadlines, as well as mature our existing privacy compliance program. This position will support on matters globally, but with a particular focus on matters in the Asia and Pacific region.  The candidate will also play a key role in collaborating with colleagues to further build out the firm’s privacy program to address the evolving regulatory landscape, enhance divisional collaboration and increase cross functional engagement.

Our Impact

The Global Privacy Office has team members in New York, Chicago, Dallas, Warsaw, and London. The Global Privacy Office works with other privacy and data protection stakeholders at Goldman Sachs, including the Legal, Engineering and Technology Risk teams, Risk, Operations, and the business teams that develop and manage financial products and services.

Responsibilities:

We are seeking a Privacy Program Manager with excellent analytical, communication and co-ordination skills to join the Global Privacy Office.  This role will require you to develop a detailed knowledge of multiple areas within the firm and will include:

  • Identifying and independently executing of opportunities to efficiently scale the firm’s global privacy program
  • Providing privacy advisory guidance to business, engineers, operations, compliance and other stakeholders to enable the delivery and development of privacy compliant business initiatives
  • Reviewing and assessing products, features and business activities against privacy requirements and standards
  • Managing and supporting cross-functional projects to implement privacy laws 
  • Monitoring and reporting to senior management on the status of the privacy program
  • Partnering with Legal, Compliance, Engineering, Risk and Business teams to research and assess the impact of new privacy and data protection laws or regulations, and manage the work to deliver required changes
  • Partnering with Engineering teams to identify and design new tools, or improve existing tools, that support the firm’s privacy compliance program
  • Supporting privacy risk assessment processes and other operational aspects of the firm’s privacy compliance program
  • Supporting the development and implementation of privacy program governance frameworks with key stakeholders in Operations, Compliance, Technology, Legal and Risk
  • Driving accountability for privacy program components operated by the first line of defense
  • Creating, reviewing, and revising privacy program policies and procedures
  • Contributing to other activities within the Global Privacy Office where necessary

Basic Qualifications:

  • Bachelor’s degree or international equivalent; legal degree is helpful
  • At least 5 years of work experience, with at least 2 of those working in the Privacy or Data Protection domain
  • Experience with reviewing, advising and/or implementing programs to address privacy laws on a local and global level (e.g., GPDR, CPRA, PIPL, PDPA and awareness of the DPDPA)
  • Financial services experience is a plus

Required Skills

  • Highly motivated with the ability to work autonomously as well as in a team and collaboration-oriented environment
  • Highly organized, attention to detail and excellent follow through skills 
  • Strong analytical and problem-solving skills; risk-based prioritization
  • Excellent verbal and written communication skills to effectively articulate complex regulatory requirements to stakeholders and dependent teams at all levels of the firm
  • Able to coordinate activities with multiple interdependencies and to escalate items that are unresolved or at risk
  • Comfortable working with incomplete information, to ask focused questions and rapidly gain an in-depth understanding of the current processes and compare and relate to similar situations
  • Detailed problem tracking, resolutions and completion of all actions and issues by their deadlines
    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 employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
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Tags: Audits Banking Compliance Finance Governance Monitoring Privacy Risk assessment Risk management Strategy

Perks/benefits: Career development Wellness

Region: Asia/Pacific
Country: India
Job stats:  6  1  0
Category: Compliance Jobs

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