What are the responsibilities and job description for the Global Banking & Markets Operations-Dallas-Associate-GBM Regulatory Controls position at Goldman Sachs?
Job Description
At Goldman Sachs, we connect people, capital and ideas to help solve problems for our clients. We are a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. For us, it’s all about bringing together people who are curious, collaborative and have the drive to make things possible for our clients and communities.
Operations is a dynamic, multi-faceted area of the firm 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.
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 CFTC, CAT, EBS, SEC/SBS, TRACE, MSRB, MIFID II, EMIR, among other regulatory obligations.
We will also expect the successful candidate to contribute to the continuous improvement of our Analytics and Business Intelligence focus. Our partners in GBM Regulatory Operations and Engineering groups gather and manage a vast array of data and processes which contribute to the firm’s regulatory compliance; our role is to provide assurance to the firm with respect to regulatory reporting compliance.
Mandatory Skills & Qualifications
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
Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.
At Goldman Sachs, we connect people, capital and ideas to help solve problems for our clients. We are a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. For us, it’s all about bringing together people who are curious, collaborative and have the drive to make things possible for our clients and communities.
Operations is a dynamic, multi-faceted area of the firm 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.
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 CFTC, CAT, EBS, SEC/SBS, TRACE, MSRB, MIFID II, EMIR, among other regulatory obligations.
We will also expect the successful candidate to contribute to the continuous improvement of our Analytics and Business Intelligence focus. Our partners in GBM Regulatory Operations and Engineering groups gather and manage a vast array of data and processes which contribute to the firm’s regulatory compliance; our role is to provide assurance to the firm with respect to regulatory reporting compliance.
Mandatory Skills & Qualifications
- 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 workload
- Experience with data analytics over large data sets, understanding the detail and identifying possible issues with accuracy, completeness
- Highly articulate with strong verbal and written communication skills
- Bachelor's degree
- Experience in an Operations Control Environment
- Working knowledge about financial markets, regulatory landscape, and associated processes
- Experience with regulatory reporting or regulatory controls
- Working 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 background
- Working knowledge about project management and business analysis
- Working experience with operating on large data sets and BI tools (including SQL).
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
Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.
