Global Banking & Markets Operations-Dallas-Associate-Regulator Response Team

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're 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 heart of 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 is looking to collaborate with multiple stakeholders to improve the firm's compliance rates across various obligations.

OUR IMPACT - REGULATORY OPERATIONS (Non-Financial Regulatory Reporting)

Our team partners with groups in all areas of the firm to perform financial analytics and 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 role in upholding the three Operations principles of client focus, process innovation and risk management.

Regulatory Operations team is responsible for reporting to external stakeholders in the North America region, including the reporting and monitoring of trade, and transaction information across a wide range of traded financial products and business lines . The team plays an integral role in ensuring that the Firm meets its regulatory reporting obligations. 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, new compliance and industry change initiatives, BCP, and other department initiatives.

HOW YOU WILL FULFILL YOUR POTENTIAL

Responsibilities include the following:

• Work directly with numerous stakeholder 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.

SKILLS & EXPERIENCE WE ARE LOOKING FOR

BASIC QUALIFICATIONS

• 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

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