Compliance, Global Banking & Markets - Public Compliance, Analyst - London

Compliance, GBM - Public Compliance, Analyst/Associate - London

The Compliance division prevents, detects, and mitigates compliance, regulatory, and reputational risk across the firm, helping to strengthen the firm’s culture of compliance.

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.

About This Role

This is an Analyst or Associate-level role within the London Global Banking and Markets – Public Compliance Team, providing compliance coverage across market-leading Fixed Income, Currencies and Commodities (FICC) business units, primarily focusing on Credit and Mortgages.

The role reports into the EMEA Head of Credit and Mortgages Compliance and is part of the FICC Compliance team that sits within the Global Banking and Markets – Public Compliance team.

Key Responsibilities

• Serve as a trading floor-based role providing real-time compliance counsel to the FICC business, primarily focusing on Credit and Mortgages, regarding relevant rules, regulations, and internal policies governing the Global Banking and Markets – Public business.
• Provide proactive risk mitigation instructions on regulatory and policy matters, including individual transactions, new products, and business initiatives.
• Assist with the interpretation and implementation of new rules and regulations.
• Develop and deliver both ad-hoc and annual face-to-face training.
• Develop and deploy second-line controls and assist the first line with the development of their controls.
• Review new algorithms and other electronic-related business initiatives.
• Review complex and strategic marketing materials and committee memos.
• Coordinate with the broader Global Banking and Markets – Public Compliance Team, in addition to Federation and Financial Crime Compliance, on initiatives and projects.
• Coordinate with broader firm departments, such as Controllers, Operations, Internal Audit, and Legal.
• Participate in Compliance, regulatory, and internal investigations and audits, including utilizing firm systems to conduct forensic reviews.
• Liaise with local regulators and Exchange/MTF operators, and coordinate responses to ad-hoc regulatory inquiries.

Skills and Experience

• Analyst or Associate level experience.
• Ability to process large amounts of information on novel topics, identify salient points, and present them succinctly to a senior audience.
• Ability to build professional relationships with stakeholders of various seniority levels and across different roles.
• Excellent written and verbal communication skills, including strong presentation skills.
• Demonstrable interest in financial services, particularly trading-floor Compliance.
• Proactive, self-motivated, assertive, and well-organized.
• Take ownership of tasks, progress them independently, and escalate to senior stakeholders when required.
• Strong analytical, technical, and problem-solving skills, demonstrating the ability to exercise sound and balanced judgment.
• Ability to learn and navigate technical firm systems used for forensic reviews, and educate other team members on functionality.
• Forward-looking, focused on improving and streamlining controls and processes.
• Ability to work independently while remaining a strong team player.
• Ability to handle multiple tasks simultaneously and work to tight deadlines, balancing short-term and long-term queries and projects in a busy trading floor environment.
• Desirable: Compliance experience gained by working on a trading floor for a Tier 1 investment bank or firms with sophisticated algorithmic/electronic business units and/or complex financing/trading capabilities.
• Desirable: Degree level or equivalent (not essential if relevant working experience is present).
• Advantageous: Professional qualifications such as CA, CFA, Solicitor, or Bar exams.
• Advantageous: Languages such as French and/or German.
• Advantageous: Ability to code or understand code.
• Advantageous: Understanding or awareness of EU and US regulations (MIFID II, MAR, Benchmarks, Dodd Frank, FMSB Standards, EMIR, CFTC, SEC).
• Ability to enrich and thrive in an international, diverse, and inclusive environment.

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 are committed to fostering and advancing diversity and inclusion in our workplace and beyond by ensuring every individual within our firm has opportunities to grow professionally and personally, through our training and development opportunities, firmwide networks, benefits, wellness, and personal finance offerings, and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.

We are 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

© The Goldman Sachs Group, Inc., 2023. All rights reserved. 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.