Office of Regulatory Relations and Regional Compliance, Executive Director, London
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Job Location:
Monthly Salary:
Posted on:
23 hours ago
Vacancies:
1 Vacancy
Job Summary
OUR IMPACT
The Office of Regulatory Relations (ORR) protects the firms regulatory reputation by managing its relationships with regulators and enhancing the firms overall regulatory compliance. We set standards for all regulatory interactions at the firm lead the firms responses to regulatory examinations audits and inquiries and oversee certain areas of enhancement.
ORR works closely with Global Compliance who prevents detects and mitigates compliance regulatory and reputational risks across the firm and helps to strengthen the firms culture of compliance. As an independent control function and part of the firms second line of defence Compliance assesses the firms compliance regulatory and reputational risks; 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.
Youll 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.
YOUR IMPACT
Are you looking for a Regulatory engagement and Compliance role which will give you exposure to all divisions of Goldman Sachs and at all levels We are looking for a highly organised professional with strong analytical and communication skills to join our ORR and Regional Country Compliance (RCC) team in London.
HOW YOU WILL FULFILL YOUR POTENTIAL
The ORR and RCC team have day to day oversight of the firms relationships with its regulators and acts as a point of central coordination for EMEA Compliance deliverables and reporting. The team is the first port of call for all regulatory interaction; the team handles enquiries from regulators across EMEA but primarily from the FCA and Senior Manager Function applications and associated reporting for addition to coordinating the programme of regulatory supervisory engagement its responsibilities also include the management of regulatory audits by the FCA (which typically involve onsite meetings). As a member of the ORR and RCC team your day to day role will involve:
- Interpreting / clarifying regulatory requests for information.
- Identifying data sources / owners obtaining and reviewing data in order to produce the firms response to enquiries. This may include trading data copies of electronic communications and voice recordings client documentation etc.
- Liaising with the FCA / PRA to co-ordinate and arrange regulatory meetings audits and reviews.
- Working with other Compliance areas and the business to produce responses to information requests ahead of such audits/reviews; assist in the preparation for and attend related onsite meetings with the FCA.
- Support the firms governance arrangements including contributing to and managing the framework supporting the firms Senior Manager Arrangements
- You will operate across regulatory programme workstreams to help facilitate and deliver solutions that meet the quality criteria established by Compliance Management
- Provide analytical documentary support to compliance project managers and other members of Compliance
- Support and participate in working groups for solutions development and implementation of regulatory change
- Produce Compliance Management reporting and materials
- Oversee compilation and reporting of the annual EMEA Compliance business plan
- Lead and participate in conduct initiatives for the EMEA Compliance division
- Facilitate regulatory licensing applications and fee payments to support new and expanded business activities
- Manage coordination of submission of Compliance-owned non-financial regulatory reports
SKILLS AND EXPERIENCE
- Experience in UK Regulatory engagement role or similar function
- Familiarity with UK and / or EU financial services regulatory framework
- Experience in Compliance or a risk-based function
- Experience of delivering strategic projects / change management
- Ability to handle multiple tasks simultaneously and work under pressure
- Demonstrates excellent communication skills (both written and oral)
- Strong interpersonal skills
- A team player who can work both independently and collaboratively and is able to prioritize in a fast moving high pressure changing environment
- Strong analytical and problem solving skills; looks for creative solutions to issues and problems
- Sound judgment
PREFERRED QUALIFICATIONS
- Proficient in Microsoft Office Suite (Word Excel PowerPoint)
- Familiarity with Alteryx analytics products would be an advantage
Required Experience:
Director
Key Skills
- Sales Experience
- Nursing Home Experience
- Management Experience
- Profit & Loss
- Workers' Compensation Law
- Strategic Planning
- Team Management
- Budgeting
- Leadership Experience
- Memory Care
- Public Speaking
- Supervising Experience
About Company
The Goldman Sachs Group, Inc. is a leading global investment banking, securities, and asset and wealth management firm that provides a wide range of financial services.
