Asset & Wealth Management Operations-Dallas-Associate-Regulatory Reporting - Portfolio Level

OPERATIONS

Operations is a dynamic, multi-faceted organization 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.

RESPONSIBILITIES AND QUALIFICATIONS

YOUR IMPACT

We’re looking for a professional individual who wants to apply their understanding of financial markets and be at the heart of regulatory reform. With the continued high rate of change in the regulatory reporting space, Regulatory Operations professionals have the platform to significantly impact their environment and the wider business.

OUR IMPACT

REGULATORY MIDDLE OFFICE OPERATIONS

We are a globally located team that exists to ensure that the firm fulfils a wide range of non-financial regulatory reporting obligations. 

The Regulatory Middle Office Operations team in Dallas is responsible for providing business management and specialized expertise in Asset Management’s US regulatory reporting, filings, and regulatory trade surveillance in the US region. RMO serves as the primary regulatory interface for internal and external business. RMO is keenly focused on risk management and scalability, ensuring the accuracy, precision and timeliness of regulatory reporting and audit management.

HOW YOU WILL FULFILL YOUR POTENTIAL

Responsibilities include the following:

• Holistic ownership and understanding of Regulatory Reporting requirements from an Asset Management Operations perspective.
• Independently perform and coordinate reconciliations and reporting to ensure data accuracy for reportable transactions under the Investment Adviser Act of 1940.
• Ensure data accuracy and oversight in handling requests relating to Regulations and Audits (ADV-E) 
• Correspondence with our strategic business partners to review open requests, ensure appropriate ownership and proactively evaluate current processes to drive efficiencies and strengthen risk oversight
• Perform surveillance to monitor for potential breaches for various limits set forth by regulators and exchanges and effectively communicate potential breaches to trading desk and other internal business partners
• Provide effective and expert thought leadership in navigating evolving financial regulatory landscape and actively participate in the development of technological solutions to build scalable architecture.
• Collaborate with business partners to develop and implement strategies for navigating regulations related to both new instruments planned for future trading and evolving regulations impacting existing products and instruments.

SKILLS & EXPERIENCE WE ARE LOOKING FOR

BASIC QUALIFICATIONS

• Bachelor’s degree with minimum 3-4 years’ experience in financial services or master’s degree in business administration, Finance, Economic or related field with minimum one (1) year of experience in financial services.
• Strong analytical skills with an ability to understand complex workflows paired with meticulous attention to detail
• Must have strong communication skills to clearly articulate issues and ideas, and provide timely escalation
• Good interpersonal skills to build strong relationships with key stakeholders within and outside of Operations
• Good influencing skills to work with the Operations team in challenging the status quo and continuously enhancing the control environment required
• Self-motivated and proactive team player, who takes ownership and accountability of projects, has strong organizational skills as well as the ability to effectively manage competing priorities within deadlines
• Flexible and able to work well under pressure in a team environment

PREFERRED QUALIFICATIONS

• Basic understanding of financial markets and the regulatory landscape
• Demonstrate a comprehensive understanding of risk management principles, encompassing financial, operational, reputational, and regulatory risk factors
• Knowledge about financial markets and associated processes 
• Practical knowledge about financial products, e.g. equities, fixed income, exchange traded derivatives, OTC derivatives,
• Knowledge about project management and business analysis
• Shows interest in data analysis, process automation and BI tools
   

ABOUT GOLDMAN SACHS

At Goldman Sachs, we commit our people, capital and ideas to help our