Operations - Position Regulatory Reporting - London - Associate
MORE ABOUT THIS JOB MORE ABOUT THIS JOB
Operations division is a dynamic, multi-faceted organization that partners with all parts of the firm to provide banking, securities, and asset management services to clients around the world. In addition, Operations provides essential risk management and controls to preserve and enhance the firm's assets and its reputation. For every new product launched and every trade executed, it is Operations that develops and manages the processes and controls that enable business flow. RESPONSIBILITIES AND QUALIFICATIONS
We're looking for a professional individual who wants to apply their financial market knowledge and further develop their understanding of a growing sector of the financial markets at the heart of regulatory reform. With the continued high rate of change in the regulatory reporting space, Regulatory Operations professionals have the platform to significantly impact their environment and the wider business.
Our team is seeking a professional who is looking to collaborate with multiple stakeholders to improve the firm's compliance rates across various obligations. OUR IMPACT
Our team of critical thinkers partners with groups in all areas of the firm to perform financial analytics and reporting as well as data analytics and engineering. Our division also provides critical operations design and handles capital markets operations to ensure business flows smoothly across our global offices. From day one, team members play a vital role in upholding the three Operations principles of client focus, process innovation and risk management.
We are a globally located team that exists to ensure that the firm fulfills a wide range of non-financial regulatory reporting obligations.
Regulatory Operations team is responsible for reporting to external stakeholders in the EMEA region, including the reporting and monitoring of trade, transaction and position information across a wide range of traded financial products and business lines as well as ensuring compliance with FCA Client Assets regulations. The characteristics of the team have to marry the firm's culture of teamwork and diligence with the nature of regulatory obligations: ever changing with a need for precision and fast turnaround. RESPONSIBILITIES AND QUALIFICATIONS HOW YOU WILL FULFILL YOUR POTENTIAL
Responsibilities include the following:
SKILLS & EXPERIENCE WE ARE LOOKING FOR
- Contribute to the execution of non-financial regulatory reporting obligations and develop subject matter expertise (eg. EMIR, SFTR, and a variety of other EMEA obligations),
- Perform analysis to detect anomalies in the reporting data, investigate reporting issues demonstrating aptitude to work with range of data sets from big data to samples
- Advise on regulatory risk and requirements to facilitate commercial activity,
- Analysis of internal client and external regulatory inquiries,
- Identifying solution to correct system issues, documenting requirements to high quality, performing tests to identify an accurate resolution
- Perform verification, validations and testing of the data provided by Engineering prior to submission,
- Actively participating in the development of the strategic control framework for Regulatory Operations
- Work collaboratively across multiple business lines and stakeholder groups in strategic initiatives across the global Regulatory Operations department
- Develop strong working relationships both internally including the Front Office and Middle Office Technology, Legal, Compliance and externally to support various reporting functions
- Strong analytical skills with an ability to understand complex workflows paired with meticulous attention to detail,
- Strong communication skills to clearly articulate issues and ideas and provide timely escalation,
- Good interpersonal skills to build strong relationships with key stakeholders within and outside of Operations,
- Good influencing skills to work with the Operations team in challenging the status quo and continuously enhancing the control environment required,
- Self-motivated and proactive team player, who takes ownership and accountability of projects, has strong organizational skills as well as the ability to effectively manage competing priorities within deadlines,
- Flexible and able to work well under pressure in a team environment.
- Proficiency in Microsoft Office applications
- Active interest in understanding and learning about the global financial markets
ABOUT GOLDMAN SACHS
- Experience in an Operations Control Environment,
- Working knowledge about financial markets, regulatory landscape and associated processes, including the lifecycle of a trade
- Experience with regulatory reporting, in particular EMIR, SFTR or similar derivatives reporting obligations.
- Working knowledge of financial products, in particular exchange traded derivatives, OTC derivatives, securities lending and repo activity
- Working knowledge of project management and business analysis
- Working experience with operating on large data sets and BI tools.
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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