Controllers - Regulatory Controllers - Vice President - Bengaluru Bengaluru · India · Vice President

Marcus; Bengaluru; Remote; INR 3,500,000 - 6,500,000; Full time

Job summary

Goldman Sachs in Bengaluru is seeking an experienced professional to join the Regulatory Controllers function within Asset Management. You will drive regulatory filings, ensure compliance with global standards, and collaborate with trading desks, risk, and finance teams to implement reporting rules and data governance processes.

The role requires deep regulatory knowledge and experience in asset management, with strong analytical abilities and cross-functional collaboration skills.

Qualifications

• 8-10 years of relevant experience in asset management regulatory reporting or compliance.
• CA, CFA and CPA are preferred.

Responsibilities

• You will be part of a global dynamic team responsible for submitting quality filings with respective global regulators on a recurring basis.
• You will collaborate with different trading desk(s), functional datasets and regulations, becoming a subject matter expert and maintaining stakeholder relationships.
• You will interact directly with portfolio managers/COOs to review and approve reports prior to submission and help investigate data quality issues at source.
• You will contribute to enhancing our AWM reporting framework through development and testing of core internal and vendor systems.
• You will work with portfolio managers/COOs, strats and finance engineers to implement complex calculation and reporting rules around exposures and risks.
• You will partner with legal/compliance teams on new regulatory requirements and drive policy implications across teams.

Skills

Regulatory reporting

Asset management compliance

Regulatory knowledge

Job description

CONTROLLERS

Controllers ensure that the firm meets all the financial control and reporting obligations of a global, regulated, and public financial institution. Our professionals measure the profitability of, and risks associated with, every aspect of the firm’s business. Controllers also ensure that the firm's activities are conducted in compliance with the regulations governing transactions in the financial markets.

OUR IMPACT

We're a team of specialists charged with managing the firm’s liquidity, capital, and risk, and providing the overall financial control and reporting functions. Whether assessing the creditworthiness of the firm’s counterparties, monitoring market risks associated with trading activities, or offering analytical and regulatory compliance support, our work contributes directly to the firm’s success. The business is ideal for collaborative individuals who have strong ethics and attention to detail.

BUSINESS UNIT

The Controllers group is responsible for safeguarding the firm's assets: to help maintain the integrity of Goldman Sachs' finances and expenditures. Through careful consideration and analyses of firm finances, objectives and strategies, we ensure that the firm's businesses continue to be profitable and efficiently run. Controllers also ensure that all business practices are in compliance with financial and regulatory requirements worldwide. Since contact with virtually every part of the firm is essential to Controllers, professionals in the department experience Goldman Sachs businesses, products, and sophisticated technology systems in depth. Direct Hedge Funds, Hedge Funds Strategies, Private Equity Group teams within Controllers support the alternative investments within Goldman Sachs Asset Management division with oversight over complex private funds.

OUR IMPACT

The Asset & Wealth Management Regulatory Controllers (AWM-RC) team’s key responsibility is to assist AWM in ensuring compliance with applicable global (US, EMEA and APAC) regulatory requirements, supporting the regulatory change environment and maintaining relationships with key internal stakeholders including the portfolio managers/COOs, risk management, legal, compliance, operations, technology and finance as well as other external stakeholders including regulatory reporting vendors and regulators globally.

AWM-RC partners with these stakeholders to onboard, interpret and implement new/changing regulatory requirements, report to regulators to comply with global regulations including but not limited to Dodd-Frank requirements (Commodity Futures Trade Commission, Volcker and Securities and Exchange Commission), European Union’s Alternative Investment Fund Management Directive, European Union Money Market Fund Reporting and Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF) risk reporting, and support new/additional regulatory reporting obligations from AWM’s acquisitions, new fund launches and business and system change management.

AWM-RC is also responsible for oversight of regulatory reporting preparation vendors, leveraging our breadth of knowledge across the businesses and products (fixed income, equity, quant etc.), and global regulatory requirements involving complex models including notional exposure for all derivative types, counterparty exposures, portfolio liquidity, market risks, core accounting data sets etc. AWM-RC sets regulatory reporting policies for implementation by vendors and data owners, perform final review and submission of reports prepared by reporting vendors.

YOUR IMPACT

• You will be part of a global dynamic team responsible for submitting quality filings with respective global regulators on a recurring basis. You are expected to contribute to the team’s overall objective. take actions to make the filing process more efficient/effective and execute on those recommendations.
• You will collaborate with different trading desk(s), functional datasets and regulations. You are expected to become a subject matter expert and maintain stakeholder relationships for each of the areas of responsibility. You will also interact directly with the portfolio managers/COOs to review and approve the reports prior to submission and assist in investigating data quality and resolving issues at source
• You will be integral to a development team that is responsible forenhancing our AWM reporting framework, including development and testing of core internal and vendor technology systems to facilitate applicable regulatory requirements
• Work closely with respective portfolio managers/COOs, strats and finance engineering teams to implement complex calculation and reporting rules around portfolio exposures and risks metrics and assist in improving data governance infrastructure
• For new/evolving regulatory requirements, you are expected to partner directly with our legal/compliance teams to provide recommendations that will impact on our regulatory policy making and interpretations, and partner with various portfolio managers/COOs and functional data owners to implement these requirements
• You will be communicating directly with senior management across businesses and divisions to build consensus, communicate impact, elevate risks and provide thought leadership.
• You will be responsible for the oversight of various vendors and data providers related to data collection and production of filings

BASIC QUALIFICATION

• 8-10 years of relevant work experience in asset management regulatory/compliance, asset management fund controller, asset management regulatory reporting
• CA, CFA and CPA are preferred

PREFERRED QUALIFICATION

• Knowledge and experience in working with various financial products
• Good understanding of broad aspects of various functions within the asset management industry
• Good understanding/experience with technology implementation and keen interest in how technology should be utilized to create value/scale
• Awareness and interests in the changing global regulatory landscape
• Ability to work independently, but always a team player who is energetic, enthusiastic and inquisitive
• Ability to engage cross functional key stakeholders, build consensus and drive change
• Excellent written and verbal communication skills
• Strong analytical and research skills
• Strong project and time management skills
• Strong execution skills, detail oriented with a control mindset

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

Please note that our firm has adopted a COVID-19 vaccination requirement for employees who work onsite at any of our U.S. locations to safeguard the health and well-being of all our employees and others who enter our U.S. offices. Employees working on-site at any of our U.S. locations are required to be fully vaccinated for COVID-19, and to have either had COVID-19 or received a booster dose if eligible under Centers for Disease Prevention and Control (CDC) guidance, unless prohibited by applicable federal, state, or local law.

Applicants who wish to request for a medical or religious accommodation, or any other accommodation required under applicable law, can do so later in the process. Please note that accommodations are not guaranteed and are decided on a case by case basis.

Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.

HEALTHCARE & MEDICAL INSURANCE

We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.

FINANCIAL WELLNESS & RETIREMENT

We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.

HEALTH SERVICES

We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.

FITNESS

To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).

CHILD CARE & FAMILY CARE

We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.

BENEFITS AT GOLDMAN SACHS

Read more about the full suite of class-leading benefits our firm has to offer.