Compliance- SDC Monitoring and Surveillance (SMS) - VP

Job Description

Compliance- SDC Monitoring and Surveillance (SMS) - VPLocation(s) IN-KA-BengaluruJob ID 2021-84347 Schedule Type Full Time Level Vice President Function(s) Compliance Region India Division Compliance Business Unit GMC - Monitoring and Surveillance Employment Type Employee MORE ABOUT THIS JOB Compliance SMSSDC Monitoring and Surveillance ( SMS ) is part of the Securities Division Compliance team whichprovides compliance coverage and monitors trading activity of the Equities and FICC (Fixed Income,Currency and Commodities) Sales and Trading businesses.SMS s primary function is to manage compliance and regulatory risk through the development andoversight of controls, and review of trading activity of these businesses.SMS helps identify and prioritize the compliance and regulatory risks across the Securities Divisionbusinesses, and works to develop and/or enhance appropriate risk control measures to mitigate suchrisks. The controls include monitoring preventative front-end trading system controls and processes,developing surveillance reports and processes to be able to monitor the trading activity of the business,and create management information systems, where necessary. Post development, SMS performsreviews of such trading activity that is generated through the surveillance reports and provides oversightof such controls to ensure the continuing integrity, relevance and proper performance of those controls.SMS works closely with the Business, Line Compliance and Technology as well as other groups within theFirm.SMS has team members globally across the US, EMEA and Asia, and as such, aims to bring a globalperspective and a globally coordinated approach as well as customized solutions to mitigate localregulatory risks.Bangalore is an integral part of the Goldman Sachs global footprint that works seamlessly as a full andequal partner with Federation and Revenue areas of the firm to deliver banking, sales and trading, andasset management capabilities to clients around the world. Increased depths in capabilities andfunctional expertise have resulted in the creation of centres of excellence that drive many criticalbusinesses around the globe.The Compliance Division has established a dynamic team of professionals in Bangalore. The Bangaloreteam plays a central role in the division s global strategy to provide solutions to the firm s traditionalJob business and growth market strategy. We work alongside functional counterparts in many global officesto implement the firm s regulatory and reputational risk management program. RESPONSIBILITIES AND QUALIFICATIONS Functional Responsibilities:Review and Oversight of Controls Review of surveillance exceptions with Business Personnel and Compliance Officers. Ensure that surveillance reviews are being performed properly from a qualitative and timelinessperspective. 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 andvalidating test results. Participate in periodic risk assessments. Development of Controls Partner with Business Personnel, Compliance Officers, and Compliance Technology to develop and/orenhance system controls, surveillances and associated procedures and training. Apply a consistent approach across businesses, products and regions. Develop associated functional specifications and testing scripts. Develop and/or enhance systematic processes for escalating issues. Develop and/or enhance tools to track repeat offenders and identify patterns of problematic activityacross businesses, products and regions. Coordinate issues, findings and practices with colleagues across regions and/or divisions. Generation of management reports / Management information Systems. Reporting of exception reviews generated by detective controls.Preferred Qualifications:Ability to handle multiple tasks simultaneously and work under tight deadlines. Inquisitive and proactive in identifying risks and proposing solutions. Good interpersonal skills and excellent written/oral 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. ABOUT GOLDMAN SACHS Goldman Sachs is a leading global investment banking, securities and investment management firm thatprovides a wide range of services worldwide to a substantial and diversified client base that includescorporations, financial institutions, governments and high net-worth individuals. Founded in 1869, it isone of the oldest and largest investment banking firms. The firm is headquartered in New York andmaintains offices in London, Hong Kong, Tokyo, Frankfurt, Bangalore and other major financial centersaround the world. We are committed to growing our distinctive culture and upholding our core valueswhich always place our clients interests first. These values are reflected in our Business Principles,which emphasize integrity, commitment to excellence, innovation and teamwork.OptionsApplyApplyEmail a FriendEmail a Friend,

Keyskills :
front endinvestment bankingregulatory riskrisk managementrisk controlglobal investmentmanagement information systemsreputational riskproblem solvingtrading systemglobal strategymessaging platforms