RESPONSIBILITIES AND QUALIFICATIONS

 

YOUR IMPACT

We are looking for an Associate who is passionate about risk and controls and can be a part of the GBM Regulatory Controls team, providing assurance for non-financial regulatory compliance and monitoring functions.

 

OUR IMPACT

GBM Regulatory Controls supports the objectives of Regulatory Operations by overseeing the control design, control enhancements, and control framework of non-financial regulatory reporting obligations. 

GBM Regulatory Controls provides assurance for the completeness, accuracy, and timeliness of regulatory submissions through control assessments, data testing, control gap identification, and control enhancements. 

GBM Regulatory Controls Mission Statement

To drive improvement in the control framework for Non-financial Regulatory Reporting through the application of control assessments, utilization of business intelligence tools, and control framework uplift.

The GBM Regulatory Controls team offers specialist skill sets and technical knowledge in the areas of Regulatory Reporting, Data Analysis, and data integrity controls. 

 

JOB SUMMARY & RESPONSIBILITIES

The Associate would be involved in helping the team develop and achieve its strategic objectives, with Control Assessments & analytics driving a notable proportion of their overall day to day responsibilities. 

Control Assessments entail validating the data reported and ensuring reporting functions are compliant with regulatory requirements and our control framework standards. The Associate will be accountable for the quality assurance of the information we send and ensuring potential issues are quickly escalated and remediated. The candidate will need to engage with their global GBM Regulatory Operations and Engineering groups, Legal, and Compliance. Relevant obligations may include MIFID II, EMIR, SFTR, MMSR, CFTC, CAT, EBS, SEC/SBS, TRACE, MSRB, among other regulatory obligations. 

Specifically, the responsibilities of the role will involve:

Execute daily responsibilities of GBM Regulatory Controls including the running of both internally developed controls and external third-party vendor controlsContributing to the development of the new controls, improvement of controls and their processes, and further closure of control gapsLiaison with global counterparts and regional leads within Regulatory Control and broader GS divisions stakeholders, this includes participation in various working groups across multiple stakeholdersContribute to the continuous improvement of our Strategic Control Tooling, Analytics, and Business Intelligence focus

 

MANDATORY SKILLS & QUALIFICATIONS

The candidate should possess a minimum of 3-4 years overall working experience.Strong teamwork is essential, as well as the ability to build cross functional and divisional relationships that benefit all parties. Working across geographic as well as cultural borders to ensure the success of the GBM Regulatory Controls functions.Strong organizational skills and the ability to adapt with rapidly changing priorities are also essential.Strong attention to detail and the ability to keep track of a large and varied workloadExperience with data analytics over large data sets, understanding the detail and identifying possible issues with accuracy, completenessHighly articulate with strong verbal and written communication skillsBachelor's degree

 

PREFERRED QUALIFICATIONS

Experience in an Operations Control EnvironmentWorking knowledge about financial markets, regulatory landscape, and associated processesExperience with regulatory reporting or regulatory controlsWorking knowledge of financial products, e.g., equities, fixed income, exchange traded derivatives, OTC derivatives.Experience in a global firm with Risk and Control / Audit / Legal / Compliance / Project Management backgroundWorking knowledge about project management and business analysisWorking experience with operating on large data sets and BI tools (including SQL).

 

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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