Global Banking & Markets Operations-Regulatory Reporting-Dallas-Associate

At Goldman Sachs, we connect people, capital and ideas to help solve problems for our clients. We are a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. For us, it’s all about bringing together people who are curious, collaborative and have the drive to make things possible for our clients and communities.

Operations is a dynamic, multi-faceted space 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.

We’re looking for a professional individual who wants to apply their financial market knowledge and develop their understanding of regulatory reform at the heart of the financial markets. 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 team is seeking a professional who will collaborate with multiple stakeholders to improve the firm’s compliance rates across obligations.

Regulatory Operations is a global team that ensures that the firm is compliant with a wide range of non-financial regulatory reporting obligations. We partner with groups across the firm and industry to accurately represent firm and client order, execution and position information to regulators across a wide range of traded financial products and businesses. Our team prides itself on best-in class operational design and delivery of high quality controls to manage regulatory risk.

From day one, team members play a vital role in upholding the three Operations principles of client focus, process innovation and risk management.

• Perform effective risk management in reporting time sensitive regulatory reporting accurately, completely and timely
• Develop expert knowledge pertaining to securities regulatory requirements, processes and systems for a number of non-financial regulatory reporting in North America regimes
• Perform daily analysis on data and pursue problem resolution while improving processes
• Investigate, remediate and provide supervisory guidance on issues with these reports and develop control improvements
• Work on controls of data integrity and completeness through work with Engineering and Operations teams
• Provide oversight of the impact assessments done on these reports for new markets, new products, business reorganizations, system changes and new/changed regulations
• Drive improvement of processes, procedures, and outputs through automation and the adoption of AI-led data analytics to enhance accuracy, scalability, and control effectiveness.
• Contribute to strategic initiatives from idea creation to implementation, working with various Technology and team stakeholders
• Work with Legal, Compliance, Technology, other Operations groups and various business units on change programs and issue resolution
• Act as a risk manager for the firm through ongoing assessment and awareness of the regulatory environment and the firm’s adherence to its reporting obligations
• Be flexible to contribute to other activities within the group where necessary, e.g. daily report production

We are looking for a driven individual who can work on a broad set of regulatory obligations around transaction reporting. They are expected to be able to learn how to efficiently support the team’s daily time sensitive functions around non-financial regulatory reports like CFTC P45, P43, Electronic Blue Sheet or Consolidate Audit Trail along with helping out on projects to help fix and lower risk on the team.

• Bachelor’s degree required
• Preferred 2-3 years work experience in the…