Consumer Compliance, VP

Richardson, TX

Are you passionate about digital consumer banking? We’re looking for a Vice President to join our consumer compliance team focusing on our Lending products. You will focus on supporting the growth, development and ongoing management of products, features and capabilities for our Lending portfolio. In addition, you will drive the enhancement, management and oversight of the compliance management system. This includes working in partnership with the business and other control functions to identify, mitigate and remediate regulatory risks and issues, including through implementation and monitoring of automated control processes.

Our Impact

Our consumer banking compliance team partners with all functional areas of the consumer business to advise on business strategy, develop compliant processes within the business, implement compliance processes, systems, and digital tools for identifying, measuring, and mitigating risk and report on the status of such risk. You will be involved in building and managing this business for the Firm.

How will you fulfill your potential:

Support compliance with U.S. consumer financial laws and regulations applicable to installment loans issued in the United States
Identify compliance risks associated with business processes and practices in areas related to installment lending platforms
Advise on compliance requirements in development of new and changed product, capabilities and services, including controls and monitoring
Support strategic adaptation of the Firm’s compliance program for consumer banking operations
Engage with business partners to drive development and execution of compliance program standards and governance practices
Drive strategic compliance risk mitigation efforts in the business
Assess and report on performance in mitigating consumer compliance risks
Coordinate activities of cross-functional control function teams to address product-related risks (e.g., fair lending, privacy, complaint handling, BSA/AML, etc.)
Support regulatory exam preparedness and management

Basic Qualifications:

10+ years of compliance, operational risk, audit or legal experience in financial services
Subject Matter Expertise and practical experience in managing or overseeing U.S. consumer financial laws and regulations in areas such as disputes, billing statements, payments, and underwriting with specific understanding of the regulatory expectations under TILA, FCRA, ECOA and UDAAP.
Project management and/or executive reporting experience
Bachelor's degree or equivalent military experience
Must be self-directed, organized, positive, driven, detail-oriented, and effective in a fast-paced, changing environment

Preferred Qualifications:

MBA or JD a plus
Computer programming or data analytics
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.

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