Operations - Derivatives Regulatory Reporting - London - Associate

Job Description

MORE ABOUT THIS JOB MORE ABOUT THIS JOB OPERATIONS 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 firms 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 enablebusiness flow. RESPONSIBILITIES AND QUALIFICATIONS YOUR IMPACT Were 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 heartof 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 islooking to collaborate with multiple stakeholders to improve the firms compliance rates across various obligations. OUR IMPACT REGULATORY OPERATIONS Our team of critical thinkers partners with groups in all areas of the firm to perform financial analyticsand 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 rolein 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 Operationsteam 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 compliancewith FCA Client Assets regulations. The characteristics of the team have to marry the firms culture of teamwork and diligence with the nature of regulatory obligations: ever changing with a need for precision and fast turnaround. RESPONSIBILITIES AND QUALIFICATIONSHOW YOU WILL FULFILL YOUR POTENTIAL Responsibilities include the following: 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), Performanalysis 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 internalclient 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 Engineeringprior 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 Operationsdepartment Develop strong working relationships both internally including the Front Office and Middle Office Technology, Legal, Compliance and externally to support various reporting functions SKILLS & EXPERIENCE WE ARE LOOKING FOR BASIC QUALIFICATIONS Stronganalytical 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 relationshipswith 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 takesownership 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 Officeapplications Active interest in understanding and learning about the global financial markets PREFERRED QUALIFICATIONS 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, securitieslending and repo activity Working knowledge of project management and business analysis Working experience with operating on large data sets and BI tools. ABOUT GOLDMAN SACHS At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholdersand 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 youdo. Were 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 opportunitiesand firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers . Were committed to finding reasonable accommodations for candidates with special needsor disabilities during our recruiting process. Learn more: https:// careers/footer/disability-statement.htmlThe Goldman Sachs Group, Inc., 2021. All rights reserved. Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/SexualOrientation/Gender Identity