Global Banking and Market Operations -Regulatory Reporting-Analyst-Bengaluru

Goldman Sachs Bank AG; Bengaluru; On-site; INR 500,000 - 800,000; Full time

Benefits offered by this job

Healthcare & Medical Insurance

Financial Wellness & Retirement

Health Services

Fitness Center Access

Child Care & Family Support

Job summary

Goldman Sachs in Bengaluru, India is seeking an Operations professional for Regulatory Reporting within Regulatory & Control Operations. You will develop knowledge across global regulatory requirements and support production of trade and position reports.

The role emphasizes accuracy, process improvement, and collaboration with Legal, Compliance, Technology and business units to manage change programs and issue resolution.

Qualifications

• Graduate / Post Graduate
• Maximum 1 year work experience in the Financial Industry
• Must have – Communication skills, Problem Solving and Regulatory Reporting Knowledge
• Tools & Technique – SQL and MS Office to analyze independently

Responsibilities

• Develop expert knowledge in Regulatory requirements, processes and systems across global jurisdictions
• Perform reconciliation and exception management per Regulatory requirements
• Investigate and remediate issues with these reports and develop control improvements
• Contribute to strategic initiatives relating to these reports and technology developments
• Improve processes, procedures and reports including automation of manual processes
• Define and produce project documentation including requirements, process flows and data analysis
• Produce test scripts and coordinate testing with Operations and Technology
• Work with Legal, Compliance, Technology and business units to manage change and issue resolution

Skills

Communication skills

Problem Solving

Regulatory Reporting Knowledge

MS Office proficiency

Education

Graduate / Post Graduate

Tools

SQL

Kibana

DROIT

Job description

Your Impact

We’re looking for a professional individual who wants to apply their financial market knowledge and further develop their understanding in the fast-growing sector of regulatory reform. With the continued high rate of change in the regulatory reporting space, Regulatory Operations professionals have a mandate and platform to significantly impact their environment and the wider business.

Our Impact

Operations is a dynamic, multi-faceted division that partners with all areas of the firm to deliver banking, sales and trading and asset management capabilities to clients around the world. Alongside this vital service delivery role, Operations provides essential risk management and control, preserving and enhancing the firm’s assets and its reputation.

Operations span all product lines and markets, serving as internal business partners who develop the processes and controls, and help to specify the systems that deliver accuracy, timeliness and integrity to our business.

Regulatory Operations has responsibility for position and trade reporting to key American, European and Asian exchanges and regulators. The Regulatory Operations Bangalore team’s mission is to support Regulatory Operations in the production of various trade and position reports within the Americas, Europe and Asia. The team plays an integral role in ensuring that the Firm meets its regulatory reporting obligations globally. The Team consists of talented and highly motivated individuals who are extensively involved in the preparation of the mandated reports, as well as the implementation of effective control processes, efficiency initiatives, BCP, and other Department initiatives.

How will you fulfill your potential?

We are looking for an Operations professional to work in the Regulatory Reporting team within Regulatory & Control Operations.

Responsibilities include:

Develop expert knowledge inRegulatory requirements, processes and systems across global jurisdictions

Perform reconciliation and exception management as per the various Regulatory requirements

Investigate and remediate issues with these reports and develop control improvements

Contribute to strategic initiatives relating to these reports, for example strategic Technology developments

Improve current processes, procedures and reports including automation of manual processes

Define and produce comprehensive project documentation in support of strategic initiatives and change management including: business/functional requirement documents, process flow diagrams and comprehensive data analysis

Produce test scripts and co-ordinate / participate in testing activities with Operations and Technology

Work with Legal, Compliance, Technology, other Operations groups and various Business units to manage change programs and issue resolution for these reports

Act as a risk manager for the firm through ongoing assessment and awareness of the regulatory environment andthe firm’s adherence to its reporting obligations

Skills & Experience we’re looking for:

Eligibility Criteria:

Graduate / Post Graduate

Maximum 1 years work experience in the Financial Industry

Skills Required:

Must have –

Communication skills –Adequate written and verbal communication skills, be able to ask right questions and convey the right message

Problem Solving – be able to analyze the problem and produce potential solutions, will the required direction

Basic Knowledge/Experience in Regulatory Reporting – around technical terms, jargons used in the industry

Tools & Technique – such as SQL language to be able to self-serve & analyze

Risk mindset - Being detail-oriented and capable of delivering a high level of accuracy

Proficient in the use of MS Office products

Candidate must be proactive, enthusiastic and team oriented

Ability to learn quickly and adapt to new changes and new challenges

Preferred Skills

• Regulatory Knowledge including Trade Life Cycle, JIRA instance navigation, Product expertise, etc.
• Tools & Technique – aware of commonly used tools such as Kibana, DROIT, SQL [advanced]
• Problem Solving – be able to analyze the problem independently and produce potential solutions, will limited oversight/direction

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.

Goldman Sachs is an equal employment/affirmative action employer

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.

We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.

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 provide 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

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