Goldman Sachs Global Banking & Markets Operations - Derivatives 

United States, New York, New York 

595159740

HOW YOU WILL FULFILL YOUR POTENTIAL

Responsibilities include the following:

• Contribute to the execution of non-financial regulatory reporting obligations and develop subject matter expertise (e.g. CFTC, SEC, and SEC obligations)
• Perform analysis 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 internal client 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 Engineering prior 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 Operations department
• Develop strong working relationships both internally including the Front Office and Middle Office Technology, Legal, Compliance and externally to support various reporting functions
• Cultivating a strong working knowledge of the rules underlying CFTC Part 45 (P45), CFTC Part 43 (P43), CFTC Part 23 Material Terms Reconciliation (P23 MET Rec), SEC Securities Based Swap (SBS) reporting, and Ontario Securities Commission (OSC) rule 91-507

BASIC QUALIFICATIONS

• Extensive professional experience (6 or more years) in the financial services sector, ideally in a Global Banking and Markets business
• 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
• Flexible and able to work well under pressure in a team environment
• Proficiency in Microsoft Office applications, particularly Excel (formulas, vlookups, pivots, macros)
• 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 CFTC, SEC, CSA, or similar derivatives reporting obligations.
• Experience handling, managing, or contributing toward responses to regulatory enquiries from the CFTC, SEC, Canadian Regulators, or National Futures Association (NFA)
• Working knowledge of financial products, in particular facility executed derivatives, OTC derivatives, and clearing activity
• Experience participating in discussions and influencing outcomes in industry groups
• Working knowledge of project management and business analysis
• Working experience with operating on large data sets and BI tools such as Tableau, Alteryx, or Bloomberg Regulatory Reporting Services.
• Working experience utilizing and navigating reporting and reconciliation platforms such as DTCC Derivative Repository (DDR), TriOptima TriResolve, or other such SDR or matching platforms.
• Familiarity with coding languages such as SQL
• Familiarity with or working knowledge of key post execution operational flows of the OTC derivatives business such as valuation, margining, portfolio reconciliation, or confirmation

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.