Compliance, Global Markets Compliance (Fixed Income, Currencies and Commodities), Senior Associate / Vice President, Sydney
Location: Sydney, Australia
Type: Full Time
Internal Number: 14101817
Our division prevents, detects and mitigates compliance, regulatory and reputational risk across the firm and helps to strengthen the firm's culture of compliance. Compliance accomplishes these through the firm's enterprise-wide compliance risk management program. As an independent control function and part of the firm's second line of defense, Compliance assesses the firm's compliance, regulatory and reputational risk; monitors for compliance with new or amended laws, rules and regulations; designs and implements controls, policies, procedures and training; conducts independent testing; investigates, surveils and monitors for compliance risks and breaches; and leads the firm's responses to regulatory examinations, audits and inquiries. You'll be part of a team with members from a wide range of academic and professional backgrounds, such as law, accounting, sales, and trading. We look for those who possess sound judgment, curiosity, and are able to adapt to a changing regulatory landscape. BUSINESS COVERAGE Business Supported: Global Markets Division (GMD) . FICC incorporates Foreign Exchange, Commodities, Credit, Mortgages, Equity Derivatives, Corporate and Interest Rate Sales, as well as Trading businesses (including macro and credit trading). HOW YOU WILL FULFILL YOUR POTENTIAL Global Markets Compliance provides compliance coverage and support to the Division's business units in Australia. Divisional Compliance also works closely with other firm departments, such as Legal, Controllers, Credit, Technology, Operations and Internal Audit. This is a trading floor-based compliance function providing real time support to the FICC business. The role also involves driving forward strategic business initiatives and projects. Core aspects include:
Primary coverage focused on the FICC sales and trading businesses in their day to day business operations, new products and market initiatives;
Articulate and maintain the standards of conduct required by the laws, regulations and policies governing these business operations in Australia in order to assist the firm in avoiding regulatory/legal liability and reputational risk;
Monitor changes in laws and regulations affecting the businesses, and implementing a compliance program to ensure compliance;
Formulate appropriate policies, training, testing and monitoring and advisory coverage for the business;
Devise and implement strategic solutions with senior compliance management and other control side departments;
Handle regulatory and internal investigations/audits and escalate significant or unresolved issues to senior compliance management and the business units when necessary;
Conduct regular compliance training for business unit professionals and supervisors.
SKILLS AND EXPERIENCE WE ARE LOOKING FOR
4+ years of compliance, legal, audit or other control function experience, with experience in derivatives and structured products;
Strong analytical skills and ability to exercise judgment and manage execution under pressure;
Inquisitive and proactive in identifying risks and proposing solutions;
Good interpersonal skills and excellent written communication skills;
Ability to work with a variety of senior and junior people, and build smooth working relationships;
Highest attention to detail;
Good team player - one who is able to prioritize in a fast moving, constantly changing environment;
Entrepreneurial inclination - ability to work alone and act as project manager;
Strong analytical and problem solving skills with the ability to exercise sound and balanced judgment;
Ability to handle multiple tasks simultaneously and work under tight deadlines.
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.
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