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Compliance Surveillance Executive Director – London
Goldman Sachs
London, , United Kingdom
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Job Summary & Responsibilities
Application Opening Date: 05 January 2017
Application Closing Date: 01 February 2017
Location: London
Salary: Competitive
Full time
OUR IMPACT
The Compliance Risk Control Group (CRCG) is part of the Securities Division Compliance team which provides compliance coverage and support to the Equities and FICC (Fixed Income, Currency and Commodities) Sales and Trading businesses. We work closely with the Business, Line Compliance and Technology as well as other groups within the Firm.
CRCG’s primary function is to manage compliance and regulatory risk through the development and oversight of controls.
CRCG helps identify and prioritise the compliance and regulatory risks across the Securities Division businesses, and works to develop and/or enhance appropriate risk control measures to mitigate such risks. The controls include preventative front-end trading system controls and processes, surveillance reports and processes, forensic analysis and management information systems. Post development, CRCG maintains reviews and provides oversight of such controls to ensure the continuing integrity, relevance and proper performance of those controls.
CRCG has team members globally across the US, EMEA and Asia, and as such, aims to bring a global perspective and globally co-ordinated approach as well as customized solutions to mitigate local regulatory risks.
HOW YOU WILL FULFILL YOUR POTENTIAL
Review and Oversight of Controls:
• Review of surveillance exceptions with Business Personnel and Compliance Officers
• Conduct ad-hoc reviews based on trends and emerging risks
• Monitor that surveillance reviews are being performed properly from a qualitative and timeliness perspective
• Oversight of exception reviews generated by detective controls
• Identify enhancements to existing controls
• Test the integrity of system controls and surveillance reports by participating in testing programs and validating test results
• Participate in periodic risk assessments
Development of Controls:
• Partner with Business Personnel, Compliance Officers, and Compliance Technology to develop and/or enhance system controls,
surveillances and associated procedures and training
• Apply a consistent approach across businesses, products and regions
• Develop associated functional specifications and testing scripts
Management Information Systems:
• Develop and/or enhance systematic processes for escalating issues
• Develop and/or enhance tools to track repeat offenders and identify patterns of problematic activity across businesses, products
and regions
• Coordinate issues, findings and practices with colleagues across regions and/or divisions
• Generation of management reports
• Reporting of exception reviews generated by detective controls
SKILLS AND EXPERIENCES WE ARE LOOKING FOR
• Strong academic record with minimum Bachelor’s degree in Finance, Economics or a related discipline required
• Must have strong Compliance/Surveillance experience gained from working within investment banking/financial services industry
• Working knowledge of securities and exchange rules and regulations required
• Must have had accountability for full KYC processes
• Designing and implementing compliance frameworks required
• Must have prior experience of working in an advisory capacity
• Compliance review and reporting (includes board reports and regulatory reports) experience required
• Must be inquisitive and proactive in identifying risks and proposing solutions
• Good interpersonal skills and excellent written/oral communication skills required
• Ability to work with a variety of senior and junior people, and build smooth working relationships required
• Must have highest attention to detail
• Must be a good team player, one who is able to prioritise in a fast moving, constantly changing environment
• Entrepreneurial inclination – must have ability to work alone and act as project manager
• Strong analytical and problem solving skills with the ability to exercise sound and balanced judgment required
• Must have ability to handle multiple tasks simultaneously and work under tight deadlines
Goldman Sachs is an equal opportunity employer. © The Goldman Sachs Group Inc., 2016. All rights reserved.