Compliance - Currencies & Commodities - Associate - London

4 days left

Employer
Goldman Sachs
Location
London, United Kingdom
Salary
Competitive
Posted
Sep 03, 2020
Closes
Oct 03, 2020
Ref
8372070
Job Function
Compliance/Regulatory
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
MORE ABOUT THIS JOB
Application Opening Date: 01 September 2020
Application Closing Date:
28 September 2020
Location:
London
Salary:
Competitive
Full time


OUR IMPACT


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 defense, 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.

RESPONSIBILITIES AND QUALIFICATIONS
HOW YOU WILL FULFIL YOUR POTENTIAL

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

- Trading floor-based role providing real-time compliance counsel to both the Currencies and Commodities 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.

SKILLS AND EXPERIENCE WE ARE LOOKING FOR

- Strong academic record with Bachelor's degree, equivalent or above
- Professional qualifications such as CA, CFA, Solicitor or Bar exams an advantage
- Prior investment banking/financial services industry experience with substantial focus on Compliance required
- Compliance experience gained by working on trading floor/ trading house or others with sophisticated algorithmic/electronic business units and/or complex financing/trading capabilities
- Ongoing and demonstrable interest in financial services, in particular trading-floor Compliance
- Experience of reviewing structured securitisations, assessing regulatory/reputational impacts
- Experience of working with large data sets; providing advice/assistance on regulatory issues and novel queries
- Experience of performing due-diligence, investigations, review of marketing material, risk evaluations, overseeing governance and working on fraud prevention initiatives
- Ability to build relationships with stakeholders of various seniority and across different roles
- Experience of delivering training on new regulation, market conduct and compliance
- Excellent written and verbal communication skills, including presentation skills
- Proactive, self-motivated, assertive and well organised
- Knowledge/awareness of various regulatory frameworks
- Takes ownership of tasks, progresses them independently, and escalates to senior stakeholders when required.
- 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 functionality
- Forward looking, focused on improving and streamlining controls and processes
- Ability to work independently and yet remain a strong team player
- Ability to handle multiple tasks simultaneously and work to tight deadlines

ABOUT GOLDMAN SACHS
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., 2020. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity