EMEA Compliance - Rates & Emerging Markets - Associate - London

Goldman Sachs
London, United Kingdom
01 Oct 2020
17 Oct 2020
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
Application Opening Date: 18 September 2020
Application Closing Date:
15 October 2020
Full time


The Compliance division prevents, detects and mitigates compliance, regulatory and reputational risk across the firm and helps to strengthen the firm's culture of compliance. Compliance accomplishes these through the firm's enterprise-wide compliance risk management program. As an independent control function and part of the firm's second line of defence, Compliance assesses the firm's compliance, regulatory and reputational risk; monitors for compliance with new or amended laws, rules and regulations; designs and implements controls, policies, procedures and training; conducts independent testing; investigates, surveils and monitors for compliance risks and breaches; and leads the firm's responses to regulatory examinations, audits and inquiries.

You'll be part of a team with members from a wide range of academic and professional backgrounds, such as law, accounting, sales, and trading. We look for those who possess sound judgment, curiosity and are able to adapt to a changing regulatory landscape.


The role reports into the EMEA Head of Rates and Emerging Markets Compliance and is part of the FICC Compliance team that sits within the wider Global Markets Compliance function. This team providing compliance coverage across our market-leading Rates and Emerging Markets business units.

- Trading floor-based role providing real-time compliance counsel to both the Rates and Emerging Markets business units, with regards to relevant rules, regulations and internal policies that govern the Global Markets business.
- Provision of pro-active risk mitigation instructions on regulatory and policy matters including individual transactions, new products and business initiatives.
- Assistance with the interpretation and implementation of new rules/regulation.
- Development and delivery of both ad-hoc and annual face-to-face training.
- Development and deployment of second line controls and assisting the first line with the development of their controls.
- Review of new algorithms and other electronic-related business initiatives.
- Review of complex and strategic marketing materials and committee memos.
- Co-ordination with the broader Global Markets Compliance Team as well as Federation and Financial Crime Compliance on initiatives and projects.
- Co-ordination with broader firm departments, such as Controllers, Operations, Internal Audit and Legal.
- Participation in Compliance, regulatory and internal investigations and audits, including utilising firm systems to conduct forensic reviews.
- Liaising with local regulators and Exchange/MTF operators and coordination of responses to ad-hoc regulatory enquiries.


- Strong academic record with Bachelor's degree, equivalent or above required
- Professional qualifications such as CA, CFA, Solicitor or Bar exams an advantage
- Significant compliance experience gained by working on a trading floor within investment banking or others with sophisticated algorithmic/electronic business units and/or complex financing/trading capabilities required
- Experience of advising on compliance risks for new complex transactions, restructuring of existing transactions and new business initiatives
- Familiarity with investigation of potential market abuse or breach of regulatory requirements
- Experience of delivering compliance related trainings
- Strong familiarity with regulatory landscape, assessing organisational impact of regulatory developments and experience of drafting policies as part of the regulatory implementation
- Ability to code or understand code would be an advantage
- Ability to process large amounts of information on novel topics and identify salient points, and succinctly present them to a senior audience
- Ability to build relationships with stakeholders of various seniority and across different roles
- Experience of conducting research, reporting and knowledge of valuation control frameworks
- Excellent written and verbal communication skills, including presentation skills
- Demonstrable interest in financial services, in particular trading-floor compliance
- Strong analytical, technical and problem-solving skills, with the ability to exercise sound and balanced judgment
- Ability to learn and navigate technical firm systems used for forensic reviews, and educate other team members on functionalities
- Project management skills, forward looking - focused on improving and streamlining controls and processes
- Ability to handle multiple tasks simultaneously and work to tight deadlines, balancing short-term and long-term queries and projects, in a trading floor environment which involves multiple, daily live interactions with stakeholders
- Ability to work independently and yet remain a strong team player


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 .

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