Global Banking & Markets Operations-Regulatory Reporting-Dallas-Associate

Goldman Sachs•Dallas, TX

3d•Onsite

About The Position

The Regulatory Reporting team within Global Banking & Markets Operations is seeking a professional individual to apply their financial market knowledge and develop their understanding of regulatory reform at the heart of the financial markets. 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. This role will collaborate with multiple stakeholders to improve the firm's compliance rates across obligations. Regulatory Operations is a global team that ensures that the firm is compliant with a wide range of non-financial regulatory reporting obligations. We partner with groups across the firm and industry to accurately represent firm and client order, execution and position information to regulators across a wide range of traded financial products and businesses. Our team prides itself on best-in-class operational design and delivery of high quality controls to manage regulatory risk. From day one, team members play a vital role in upholding the three Operations principles of client focus, process innovation and risk management.

Requirements

Bachelor’s degree required
2-3 years work experience in the Financial or Business Industry
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
Proficient in the use of MS Office and Data analytics tools (e.g., Alteryx) with experience leveraging AI solutions (e.g., Copilot)
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, 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
Control or project management capabilities in design, testing and execution

Nice To Haves

Experience with securities regulatory requirements, processes and systems for a number of non-financial regulatory reporting in North America regimes
Experience with securities trading flows, regulatory obligations and project/JIRA management
Ideally would have successfully worked with financial products/functions with experience including data analysis, Regulatory Reporting, trading flows and compliance
Experience with CFTC P45, P43, Electronic Blue Sheet or Consolidate Audit Trail
Experience helping out on projects to help fix and lower risk on the team.

Responsibilities

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 non-financial regulatory reporting in North America regimes
Perform daily analysis on data and pursue problem resolution while improving processes
Investigate, remediate and provide supervisory guidance on issues with these reports and develop control improvements
Work on controls of data integrity and completeness through work with Engineering and Operations teams
Provide oversight of the impact assessments done on these reports for new markets, new products, business reorganizations, system changes and new/changed regulations
Drive improvement of processes, procedures, and outputs through automation and the adoption of AI-led data analytics to enhance accuracy, scalability, and control effectiveness.
Contribute to strategic initiatives from idea creation to implementation, working with various Technology and team stakeholders
Work with Legal, Compliance, Technology, 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