Global Banking & Markets Operations - Regulatory Reporting - Vice President - Hyderabad

GLOBAL BANKING & MARKETS

We make markets in and clear client transactions on major stock, options and futures exchanges worldwide. Through our global sales force, we maintain relationships with our clients, receiving orders and distributing investment research, trading ideas, market information and analysis.

OPERATIONS

Operations is a dynamic, multi-faceted segment 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 in the fast-growing sector of regulatory reform. With the continued high rate of change in the regulatory reporting space, Regulatory Operations professionals have a mandate and platform to significantly impact their environment and the wider business.

OUR IMPACT

Regulatory Operations has responsibility for position and trade reporting to key American, European and Asian exchanges and regulators. The Regulatory Operations Bangalore team's mission is to support Regulatory Operations in the production of various trade and position reports within the Americas, Europe and Asia. The team plays an integral role in ensuring that the Firm meets its regulatory reporting obligations globally. 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.

JOB SUMMARY AND RESPONSIBILITIES

We are looking for an Operations professional to work in the Regulatory Reporting team within Regulatory & Control Operations.

Responsibilities include:

• Execute key risk and control processes to ensure compliance with non-financial regulatory reporting obligations
• Develop extensive subject matter expertise in major European, Asia or American regulations (eg. MIFID II, CFTC, SEC, EMIR, SFTR, HKMA)
• Consult on business and functional projects to facilitate compliant commercial activity
• Own client relationships with a focus on excellent client regulatory service
• Develop strong relationships with stakeholders in the business, Engineering, Compliance and Legal to support reporting functions.
• Delve into complex system infrastructure to understand impact of data flows and booking models on reporting quality
• Leverage data analytical and automation tools to detect anomalies in reporting data and improve reporting processes
• Design and lead the implementation of solutions to deliver best-in-class system and control frameworks quality for back-reporting
• Train and motivate colleagues to achieve personal and departmental business and risk targets
• 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

BASIC QUALIFICATIONS

• Bachelor's degree with 9 - 13 years of experience in financial services
• Strong analytical skills with an ability to understand complex workflows paired with meticulous attention to detail
• Must have strong communication skills to clearly articulate issues and ideas, provide timely escalation
• Good interpersonal skills to build strong relationship with key stakeholders within and outside of Operations
• Self-motivated team player who has strong organizational skills and ability to manage competing priorities within deadlines
• Working knowledge of financial markets, regulatory landscape, and associated processes
• Working knowledge of financial, operational, reputational risk
• Working knowledge of financial products, e.g., equities, fixed income, exchange traded derivatives, OTC derivatives is an advantage
• Working knowledge or expertise in European non-Financial Regulatory Reporting functions across Derivatives and Equities
• Working knowledge of project management and business analysis is an advantage
• Interest in data analysis, process automation, big data or non-technical process efficiencies is an advantage.

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., 2024. All rights reserved.

Goldman Sachs is an equal employment/affirmative action employer