Compliance, FICC Compliance, Commodities & Structured Finance & Lending, Associate/Vice President, London Pay Competitive Location London/England Employment type Full-Time Job Description Req: 110835 WHO WE ARE The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centres around the world. OUR IMPACT Global Compliance manages the firm’s compliance, regulatory and reputational risks by ensuring adherence to laws, rules and regulations. We monitor trends and changes in regulations in all jurisdictions in which the firm does business, and we develop and implement firmwide policies and procedures. In addition to advising the firm’s businesses, Global Compliance is responsible for managing audits and inquiries, educating our people on our policies and procedures, surveillance and testing the firm’s risk management infrastructure. JOB SUMMARY This is an Associate/Vice President level role within the Global Banking and Markets (Public) FICC Compliance Team, based on the trading floor in London. Role entails providing compliance coverage across market leading Commodities and Structured Finance and Lending business units, with a particular focus on UK and European intra-day power trading. Requirements of the role Trading floor-based role providing real-time compliance advice to the Commodities and Structured Finance and Lending business units, with regards to relevant rules, regulations and internal policies that govern the business. UK and European intra-day power trading to be a particular focus area for the role, including the designing, set-up and maintenance of a compliance control framework around this activity. Providing pro-active risk mitigation instructions on regulatory and policy matters, including individual transactions, new products and business initiatives. Assisting with the interpretation and implementation of new rules / regulation. Developing and delivering of both ad-hoc and annual face to face training. Developing and deploying second line controls and assisting the first line with the development of their controls. Reviewing new algorithms and other electronic-related business initiatives. Reviewing complex and strategic marketing materials and committee memos. Co-ordinating with the broader Compliance teams as well as Central/Federation and Financial Crime Compliance on initiatives and projects. Co-ordinating with broader firm departments, such as Controllers, Operations, Internal Audit and Legal. Participating in Compliance, regulatory and internal investigations and audits, including utilising firm systems to conduct forensic reviews. Liaising with local regulators and Exchange/venue operators and coordination of responses to ad-hoc venue and regulatory enquiries. This can extend to TSO and other regulatory bodies across the Commodities spectrum. Contributing to the Global Compliance programme of work, including assisting on exercises such as the Compliance Risk Assessment. SKILLS AND EXPERIENCES WE ARE LOOKING FOR Associate / Vice President level. Minimum of 2-5 years of compliance experience, ideally gained by working on a trading floor for a Tier 1 house or others with sophisticated market making / hedging business units and / or complex financing capabilities, or a utility / trading house which has intra-day power trading capabilities. Degree level or equivalent (not essential if has relevant working experience). Professional qualifications such as CISI Diploma, CFA, Legal exams, an advantage. Excellent practical understanding of FICC asset classes (both Cash and Derivatives), ideally including Commodities (including those with exchange (e.g., ICE/CME/LME/EEX) or regulatory (e.g., OFGEM/ACER). Pro-active, self-motivated, assertive and well organized. Ability to work independently and yet remain a strong team player. Ability to handle multiple tasks simultaneously and work to tight deadlines. Excellent communication skills, both written and oral. Languages an advantage (particularly French and/or German). Proactive approach to problem solving. Deep interest in compliance / financial markets and a willingness to continually learn. Excellent understanding of EU and US regulations (MIFID II, MAR, Benchmarks, EMIR, CSDR, CFTC, SEC), and REMIT. Ability to enrich and thrive in an international and diverse, 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'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. We’re 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., 2021. All rights reserved. Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity About the company The Goldman Sachs Group, Inc., is an American multinational investment bank and financial services company headquartered in New York City. Notice Talentify is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status. Talentify provides reasonable accommodations to qualified applicants with disabilities, including disabled veterans. 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