Operations - Regulatory Change and Control Solutions - Associate - New York

Location(s) US-NY-New York
Job ID
2020-65137
Schedule Type
Full Time
Level
Associate
Function(s)
Operations
Region
Americas
Division
Operations
Business Unit
Control Solutions
Employment Type
Employee

MORE ABOUT THIS JOB

Operations is a dynamic, multi-faceted division 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.

RESPONSIBILITIES AND QUALIFICATIONS

YOUR IMPACT

Looking for an Associate who is passionate about risk and control and can be a part of the Control Solutions (CS) team in their mission to provide assurance for non-financial regulatory compliance and monitoring functions.

OUR IMPACT

The CS team within Regulatory and Control Operations (RCO) is responsible for implementing an evolving control framework to support our regulatory obligations and ensuring the continued integrity of our books and records reconciliations

CS MISSION STATEMENT

To drive consistency, control, and traceability of key Operational processes through the application of detailed assessments and the utilization of business intelligence tools. The Control Solutions team offers specialist skill sets and technical knowledge in the areas of front-to-back process review, traceability documentation, standardization and governance, and the design and implementation of complex business solutions.

JOB SUMMARY & RESPONSIBILITIES

The Associate would be involved in helping the team develop and achieve its strategic objectives, with Assessment & Analytics driving a notable proportion of their overall day to day responsibilities. Performing Front to back assessments would entail validating the data reported and ensuring functions carried out by the teams are in compliant with our regulatory obligations and control framework. They will be accountable for the quality of the information we send and maintaining the right reporting environment to ensure issues are quickly escalated and remediated. The candidate will need to engage with their global RCO Operations and technology groups, legal, compliance and internal audit. 

We will also expect the successful candidate to contribute in the continuous build of our Analytics and Metrics Strategy. Our partners in Operations and Technology are gathering and managing a vast array of data and processes which contribute to the firm’s regulatory compliance; our role is to provide assurance to the firm in respect to our compliance. 

MANDATORY SKILLS & QUALIFICATIONS

  • The candidate should possess a minimum of 3-4 years overall working experience
  • Strong teamwork is essential, as well as the ability to build “mutually beneficial” relationships with others. Working across geographic as well as cultural borders to ensure the success of the CS functions
  • Strong organizational skills and the ability to cope with rapidly changing priorities are also essential
  • Strong attention to detail and the ability to keep track of a large and varied workload
  • Experience with data analytics over large data sets, understanding the detail and identifying possible issues with accuracy, completeness
  • Highly articulate with strong verbal and written communication skills
  • Bachelor's degree

ABOUT GOLDMAN SACHS

The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

© The Goldman Sachs Group, Inc., 2018. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.