Global Banking & Markets Operations - Reg Back Reporting - Associate - Bengaluru
Goldman Sachs · Bengaluru, Karnataka, India
Full-time · Mid-Senior level · Posted 12 days ago
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 function that partners with all parts of
the firm to provide banking, securities, and asset management services to
clients around the world. In addition, Operations provides essential risk
management and controls to preserve and enhance the firm's assets and its
reputation. For every new product launched and every trade executed, it is
Operations that develops and manages the processes and controls that enable
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
Operations is a dynamic, multi-faceted division that partners with all areas of
the firm to deliver banking, sales and trading and asset management capabilities
to clients around the world. Alongside this vital service delivery role,
Operations provides essential risk management and control, preserving and
enhancing the firm’s assets and its reputation.
Operations span all product lines and markets, serving as internal business
partners who develop the processes and controls, and help to specify the systems
that deliver accuracy, timeliness and integrity to our business.
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.
HOW YOU WILL FULFILL YOUR POTENTIAL
We are looking for an operations professional to work in the Regulatory
Reporting team within Regulatory & Control Operations.
Responsibilities include:
* Develop expert knowledge in Regulatory requirements, processes and systems
across global jurisdictions
* Perform reconciliation, back-reporting and exception management as per the
various Regulatory requirements
* Investigate and remediate issues with these reports and develop control
improvements
* Contribute to strategic initiatives relating to these reports, for example
strategic Technology developments
* Improve current processes, procedures and reports including automation of
manual processes
* Define and produce comprehensive project documentation in support of
strategic initiatives and change management including: business/functional
requirement documents, process flow diagrams and comprehensive data analysis
* Produce test scripts and co-ordinate / participate in testing activities with
Operations and Technology
* Work with Legal, Compliance, Technology, other Operations groups and various
Business units to manage change programs and issue resolution for these
reports
* 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
SKILLS & EXPERIENCE WE’RE LOOKING FOR
* Bachelor’s degree required
* Minimum 4 years work experience in the Financial Industry
* Proficient in the use of MS Office products
* Analytical thinker with the ability to generate innovative ideas and
translate strategy to execution
* Strong data analysis skills with a working knowledge of databases
* Problem solving and documentation skills with an ability to understand
complex workflows
* Candidate must be proactive, enthusiastic and team oriented
* Accuracy and attention to detail
* Strong written and verbal communication skills
* Proven ability to organize and prioritize workload and drive results.
* Ability to learn quickly and adapt to new changes and new challenges
* Working knowledge of financial products, e.g. Equities, Fixed Income,
Exchange Traded & OTC Derivatives
* Previous exposure to regulatory reporting
* Basic knowledge of SQL
* Knowledgeable about securities processing, corporate actions, and asset
servicing a plus
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
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