Global Banking and Markets, Operations, Regulatory Reporting & Monitoring, Executive Director, [...]

We’re looking for a senior 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.

YOUR IMPACT

Are you looking to join a fast-paced team that sits at the nexus between the business and a global department responsible for the creation and submission of non-financial regulatory reporting (e.g., transaction and swap deal reporting) to regulators? Our Asia Regulatory Reporting team within Global Banking and Markets is seeking a senior professional who is looking to collaborate with business stakeholders, technology, various Federation teams, and non-financial regulatory reporting teams for the implementation of upcoming compliance items and day-to-day oversight of regulatory reporting requirements.

OUR IMPACT

Operations is a dynamic, multi-faceted area that partners with all parts of the firm to deliver banking, sales, and trading 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 make business flow.

Global Banking and Markets Regulatory Operations has responsibility for non-financial regulatory reporting for the Asia Swap Dealer reporting obligations to HKMA, MAS, ASIC, JFSA, as well as other reports to APAC regulators. The Regulatory Operations team’s mission is to support production of various transaction and swap dealer reports within APAC. The team plays an integral role in ensuring that the Firm meets its regulatory reporting obligations and maintains a high control standard. 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, BCP, and other department initiatives.

HOW YOU WILL FULFILL YOUR POTENTIAL

1. Develop expert knowledge pertaining to transaction and derivatives regulatory requirements, processes, and systems for a number of Regulatory reports.
2. Oversee the implementation efforts of new rules or changes within existing obligations.
3. Provide oversight of the impact assessments done on these reports for new markets, new products, business reorganizations, system changes, and new/changed regulations.
4. Investigate, remediate and provide supervisory guidance on issues with these reports and develop control improvements.
5. Improve current processes, procedures, and reports including automation of manual processes.
6. Contribute to strategic initiatives relating to these reports, for example, strategic Technology developments.
7. Define and provide supervisory oversight for comprehensive project documentation in support of strategic initiatives and change management including: business/functional requirement documents, process flow diagrams, and comprehensive data analysis.
8. Produce test scripts and coordinate/participate in testing activities with Operations and Technology.
9. Work with Legal, Compliance, Technology, other Operations groups, and various Business units to manage change programs and issue resolution for these reports.
10. 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.
11. Be flexible to contribute to other activities within the group where necessary, e.g., daily report production.

SKILLS & EXPERIENCE WE’RE LOOKING FOR

Basic Qualifications

1. Bachelor’s degree required.
2. Minimum 10 years of work experience in the Financial Industry.
3. This person will have successfully worked with complex financial products/functions with experience including data analysis, information technology, business operating processes, regulatory reporting, and compliance.
4. Experience with derivative products and expertise as a business analyst around regulations like OTC Derivative Reporting to HKMA, JFSA, ASIC, and particularly MAS is fundamental to the role.
5. Strong People Management – experience of talent and performance management, including coaching and goal setting.
6. Analytical thinker with the ability to generate innovative ideas and translate strategy to execution.
7. Problem-solving and documentation skills with an ability to understand complex workflows.
8. Candidate must be proactive, enthusiastic, and team-oriented.
9. Accuracy and attention to detail.
10. Ability to think strategically and contribute to department and division-wide initiatives.
11. Excellent written and verbal communication skills.
12. Proven ability to organize and prioritize workload and drive results.
13. Ability to learn quickly and adapt to new changes and new challenges.
14. Ability to wear multiple hats in a fast-paced environment.

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

The Goldman Sachs Group, Inc., 2023. All rights reserved.

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