OUR IMPACT
Thepliance division prevents, detects and mitigatespliance, regulatory and reputational risk across the firm and helps to strengthen the firm's culture ofpliance.
As an independent control function and part of the firm's second line of defence,pliance assesses the firm'spliance, regulatory and reputational risk; monitors forpliance with new or amended laws, rules and regulations; designs and implements controls, policies, procedures and training; conducts independent testing; investigates, surveils and monitors forpliance risks and breaches; and leads the firm's responses to regulatory examinations, audits and inquiries.
YOUR IMPACT
This is a VP level role within the London FICCpliance Team providingpliance coverage for our market leading Rates business.
The role is to head ourpliance coverage for the EMEA Rates business and the successful candidate will report into the EMEA Head of Rates and Currenciespliance, which is part of the FICCpliance team that sits within the EMEA Global Banking & Markets - Publicpliance Team.
Requirements of the role:
1. Trading floor based role providing real-timepliance counsel to the Rates business units, with regards to relevant rules, regulations and internal policies.
2. Provision of pro-active risk mitigation instructions on regulatory and policy matters including individual transactions, new products and business initiatives.
3. Assistance with the interpretation and implementation of new rules/regulation.
4. Development and delivery of both ad-hoc and annual face-to-face training.
5. Development and deployment of second line controls and assisting the first line with the development of their controls.
6. Review of new algorithms and other electronic related business initiatives.
7. Review ofplex and strategic marketing materials.
8. Co-ordination with the broader FICC & Equitiespliance Team as well as Federation and Financial Crimepliance on initiatives and projects.
9. Participation inpliance regulatory and internal investigations and audits.
10. Liaising with local regulators and Exchange/MTF operators and coordination of responses to ad-hoc regulatory enquiries.
11. Leading and/or executing thepliance Risk Assessment for the Rates businesses.
SKILLS AND EXPERIENCES WE ARE LOOKING FOR
12. Vice President level
13. Minimum 5 years Marketspliance experience gained by working on a trading floor for a Tier 1 house or others with sophisticated algorithmic/electronic business units and/orplex financing capabilities
14. Degree level or equivalent (not essential if has relevant working experience)
15. Professional qualifications such as CA, CFA, Solicitor or Bar exams an advantage
16. Excellent practical understanding of FICC asset classes (both Cash and Derivatives), and Rates in particular
17. Pro-active, self-motivated, assertive and well organized
18. Ability to work independently and yet remain a strong team player
19. Forward looking, focused on improving and streamlining controls and processes
20. Ability to handle multiple tasks simultaneously and work to tight deadlines
21. Excellentmunication skills both written and oral
22. Languages an advantage (particularly French and/or German)
23. Ability to code or understand code would be an advantage
24. Previous experience of trading FICC products would be an advantage
25. Proactive approach to problem solving
26. Deep interest in the financial markets and a willingness to continually learn
27. Excellent understanding of EU and US regulations (MIFID II, MAR, Benchmarks, REMIT, FX Global Code, LBMA Precious Metals Code, EMIR, CFTC, SEC...)
28. Ability to enrich and thrive in an international and diverse, inclusive environment
ABOUT GOLDMAN SACHS
At Goldman Sachs, wemit our people, capital and ideas to help our clients, shareholders and themunities 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'remitted 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/careers.
We'remitted to finding reasonable amodations for candidates with special needs or disabilities during our recruiting process. Learn more: //goldmansachs/careers/footer/
© The Goldman Sachs Group, Inc., 2023. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
Job ID 300006766560277