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Compliance, Consumer Compliance, Vice President

Goldman Sachs

This is a Full-time position in Westlake, TX posted August 30, 2021.

RESPONSIBILITIES AND QUALIFICATIONS OPPORTUNITY The candidate will work as part of the Consumer Compliance team with a primary focus on compliance matters related to the Bank’s collection activities for, among others, personal lending and small business lending.

Responsibilities of the role include supporting the expansion and running of current recoveries and litigation activities by providing guidance to the business necessary for the establishment of required product functionality, vendor integrations and operational procedures.

The candidate will provide continued support for recoveries and litigation lending compliance matters, which will include: Providing guidance and approval on recoveries and litigation feature development Working with business collections team to manage recoveries and litigation vendor oversight and integrations Representing compliance in various business and control function meetings Analyzing regulatory changes and formulating solutions to new regulatory developments Determining compliance testing requirements and methods related to new and existing products Providing guidance and approval for compliance policies, procedures, and training Overseeing the resolution of identified issues as part of the issues management process Interacting with regulatory agencies, examiners, and internal auditors to navigate compliance related inquiries and assist with action plans created as a result of examinations, audits, or internal testing QUALIFICATIONS The candidate will be expected to have a strong knowledge of federal and state consumer financial protection laws and regulations, particularly related to the collections space.

Additionally, the candidate should meet the following criteria: Subject matter expertise with debt collection state and federal laws application (FDCPA, UDAAP) Excellent written and verbal communication skills, with the ability to summarize observations and present in a clear, concise manner to peers and senior management Ability to quickly grasp complex concepts, including global business and regulatory matters Proven expertise in delivering high quality work products, reflecting attention to detail and analytical prowess, in a fast pace and agile work environment Experience organizing, planning, and executing on key initiatives that deliver creative solutions to business, compliance, and technology-related challenges and objectives Excellent team management skills and leadership qualities, with ability to resolve conflicting situations Minimum 5-7 years of experience in compliance or risk management in the financial services industry, or other relevant experience YOUR CAREER Goldman Sachs is a meritocracy where you will be given all the tools to help you develop.

At Goldman Sachs, you will have access to excellent training programs designed to improve multiple facets of your skills portfolio.

Our in-house training program, Goldman Sachs University offers a comprehensive series of courses that you will have access to as your career progresses.

Goldman Sachs University has an impressive catalogue of courses which span technical, business and leadership skills training.

We value internal mobility.

The chance to take on new challenges in the firm over time will ensure that you remain stimulated and will help in your continued professional and personal development.

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