About the position
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.
Responsibilities
- Work directly with numerous stakeholders across the business, Engineering, Compliance and Legal to analyze and respond to Request For Information (RFI) and Exam requests from North American regulators (CFTC, SEC, CSA, FINRA, OFR, NFA).
- Partake in an active dialogue with the regulators, providing them with an overview of the Firm's non-financial regulatory reporting systems and flow, including informing them updates on strategic initiatives.
- Develop a working knowledge of the rules underlying CFTC Part 45 (P45), CFTC Part 43 (P43), SEC Securities Based Swap (SBS), Ontario Securities Commission (OSC) rule 91-507, CAT, MSRB, TRACE, QFC, among others.
- Actively participate in the development of the strategic control framework for Regulatory Operations.
- Advise on regulatory risk and requirements to facilitate compliance with the rules and provide insight into regulators' focus areas.
- Assist in implementing a new response framework to for regulator communication.
- Train and motivate colleagues to achieve personal and departmental business and risk targets.
Requirements
- Professional experience (3.5+ years) in the financial services sector.
- Strong analytical 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 relationships with 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 takes ownership and accountability of projects, has strong organizational skills as well as the ability to effectively manage competing priorities within deadlines.
- Proficiency in Microsoft Office applications, particularly Excel (formulas, vlookups, pivots, macros).
- Active interest in understanding and learning about the global financial markets.
Benefits
- Diversity and inclusion initiatives.
- Training and development opportunities.
- Wellness and personal finance offerings.
- Mindfulness programs.
