About this role
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.
YOUR IMPACT
Are you looking to join a fast paced team that sits at the nexus between the business and a global department responsible for the creation and submission of non-financial regulatory reporting to regulators? Our team within Order and Trade Regulatory Operations is seeking a professional who is looking to collaborate with business stakeholders, engineering, Regulators and non-financial regulatory reporting teams for the implementation of upcoming compliance items and day to day oversight of regulatory reporting requirements.
OUR IMPACT
Operations is a dynamic, multi-faceted area 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. Operations has a role in every service Goldman Sachs provides and offers its employees the opportunity to impact the organization in a myriad of ways.
The Regulatory Operations New York team’s mission is to support Regulatory Operations in the production and monitoring of various order and trade reports to ensure the firm meets its regulatory reporting obligations while maintaining accuracy, completeness and timeliness. 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, cross regional coverage and new initiative implementation.
HOW YOU WILL FULFILL YOUR POTENTIAL
• Perform effective risk management in reporting time sensitive regulatory reporting accurately, completely and timely
• Develop expert knowledge pertaining to securities regulatory requirements, processes and systems for a number of order and trade based Regulatory reports
• Perform daily analysis on data and pursue problem resolution while improving processes
• Provide oversight of the impact assessments done on these reports for new markets, new products, business reorganizations, system changes and new/changed regulations
• Investigate, remediate and provide supervisory guidance on issues with these reports and develop control improvements
• Improve current processes, procedures and reports including automation of manual processes
• Contribute to strategic initiatives from idea creation to implementation, working with various Engineering and team stakeholders
• Define and provide supervisory oversight for comprehensive project documentation in support of strategic initiatives and change management including: business/functional requirement documents, process flow diagrams and comprehensive data analysis
• Work with Legal, Compliance, Engineering, other Operations groups and various Business units on change programs and issue resolution
• 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
We are looking for a driven individual who can work on a broad set of regulatory obligations around order and trade reporting. They are expected to be able to learn how to efficiently support the team’s daily time sensitive functions for order and trade non-financial regulatory reporting across multiple jurisdictions.
Basic Qualifications
• Bachelor’s degree required
• 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
• Preferred experience with securities trading flows, regulatory obligations and project/JIRA management
• Candidate must be proactive, enthusiastic and team oriented
• Accuracy, analytical ability and attention to detail
• Effective time management and risk awareness
• Ability to think strategically and contribute to department and division wide initiatives
• Strong written and verbal communication skills
• Proven ability to organize and prioritize workload and drive results
• Ability to learn quickly and adapt to new changes and new challenges
• Preferred work with Regulators SEC, NYSE, FINRA for example and on CAT, TRACE, MSRB compliance
Experience:
Preferred candidate will have at least 3-5 years of business experience in financial services. The candidate’s professional experience may have included past responsibility for audit/analysis, compliance, business support, daily processing, project management, risk management, and implementation of strategic operational plans. This person will ideally have successfully worked with financial products/functions with experience including data analysis, Regulatory Reporting, trading flows and compliance.
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
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.
Salary Range
The expected base salary for this New York, New York, United States-based position is $80000-$135000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.
Benefits
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.
Other facts
About Goldman Sachs
We aspire to be the world’s most exceptional financial institution, united by our shared values of partnership, client service, integrity, and excellence.
Operating at the center of capital markets, we act as one firm, mobilizing our people, capital, and ideas to deliver superior results across our clients’ most complex challenges.
For 157 years, Goldman Sachs has delivered world-class execution on a global scale across our leading Global Banking & Markets and Asset & Wealth Management businesses.
Apprenticeship is central to our culture, with hands-on coaching and access to leaders who bring decades of experience and expertise. With office locations around the world, we offer a broad range of career opportunities to those who insist on excellence and thrive on performance.
Find our Social Media Disclosures here: gs.com/social-media-disclosures
What you'll do
- The role involves performing risk management in regulatory reporting and collaborating with various stakeholders to ensure compliance with regulatory obligations. The associate will also improve processes and contribute to strategic initiatives.
Ready to join Goldman Sachs?
Take the next step in your career journey