Regulatory & Control Ops Subdiv - Derivatives Regulatory Reprtg - Analyst - London
MORE ABOUT THIS JOB OPERATIONS
Operations is a dynamic, multi-faceted division 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 OUR IMPACT
Operations is a dynamic, multi-faceted division that partners with all parts of the firm to deliver banking, sales and trading and asset management capabilities to clients around the world. In addition, Operations provides essential risk management and control to preserve and enhance the firm's assets and its reputation. For every trade agreed, every new product launched or market entered, every transaction completed, it is Operations that develops the processes and controls that makes business flow.
Regulatory Operations has responsibility for position and trade reporting for various European regulators. In addition, we also provide reporting services to several key clients under the European Market Infrastructure Regulation (EMIR). The EMEA Derivatives Regulatory Reporting team plays an integral role in ensuring that the Firm and our clients meet regulatory reporting obligations. The Team consists of talented and highly motivated individuals who are extensively involved in the preparation of the mandated reports, as well as the implementation of effective control processes, efficiency initiatives, BCP, and other department initiatives.
HOW YOU WILL FULFILL YOUR POTENTIAL
Develop expert knowledge pertaining to derivatives regulatory requirements, processes and systems for a number of transactions and position based Regulatory reports
Interact with key clients, helping analyse and resolve client reporting issues
Oversee the implementation efforts of new rules or changes within existing obligations
Investigate, remediate and provide supervisory guidance on issues with these reports and develop control improvements
Work with Legal, Compliance, Technology, other Operations groups and various Business units to manage change programs and issue resolution for these reports
Improve current processes, procedures and reports including automation of manual processes
Contribute to strategic initiatives relating to these reports, for example strategic Technology developments
Produce test scripts and co-ordinate / participate in testing activities with Operations and Technology
Act as a risk manager for the firm through ongoing assessment and awareness of the regulatory environment and the firm's adherence to its reporting obligations
Be flexible to contribute to other activities within the group where necessary, e.g. daily report production
SKILLS & EXPERIENCE WE'RE LOOKING FOR
Bachelor's degree required
Minimum 1-2 years work experience in the Financial Industry, preferably with client-facing experience
Strong written and verbal communication skills
Highly proficient in the use of MS Office products
Analytical thinker with the ability to generate innovative ideas and translate strategy to execution
Problem solving and documentation skills with an ability to understand complex workflows
Candidate must be proactive, enthusiastic and team oriented
Accuracy and attention to detail
Ability to think strategically and contribute to department and division wide initiatives
Proven ability to organize and prioritize workload and drive results
Ability to learn quickly and adapt to new changes and new challenges
Ability to wear multiple hats in a fast paced environment
ABOUT GOLDMAN SACHS 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
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Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
