Compliance

BUSINESS UNIT OVERVIEW:
SDC Monitoring and Surveillance (”SMS”) / Programmatic Review Execution Team (PRET) is part of the Securities Division Compliance team which provides compliance coverage and monitors trading activity of the Equities and FICC (Fixed Income, Currency and Commodities) Sales and Trading businesses. Primary function of team is to manage compliance and regulatory risk through the development and oversight of controls, and review of trading activity of these businesses.
Team helps identify and prioritize the compliance and regulatory risks across the Securities Division businesses and works to develop and/or enhance appropriate risk control measures to mitigate such risks. 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 performs reviews of such trading activity that is generated through the surveillance reports and provides oversight of such controls to ensure the continuing integrity, relevance and proper performance of those controls.
Team works closely with the Business, Line Compliance and Technology as well as other groups within the Firm.
Team has team members globally across the US, EMEA and Asia, and as such, aims to bring a global perspective and a globally coordinated approach as well as customized solutions to mitigate local regulatory risks.
Bangalore is an integral part of the Goldman Sachs global footprint that works seamlessly as a full and equal partner with Federation and Revenue areas of the firm to deliver banking, sales and trading, and asset management capabilities to clients around the world. Increased depths in capabilities and functional expertise have resulted in the creation of centres of excellence that drive many critical businesses around the globe.
The Compliance Division has established a dynamic team of professionals in Bangalore. The Bangalore team plays a central role in the division’s global strategy to provide solutions to the firm’s traditional business and growth market strategy. We work alongside functional counterparts in many global offices to implement the firm’s regulatory and reputational risk management program.
 

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 timeliness perspective.
• 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 and validating test results.
• Participate in periodic risk assessments. Development of Controls
• Partner with Business Personnel, Compliance Officers, and Compliance Technology to develop and/or enhance 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 activity across 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:
• 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.
• Ability to handle multiple tasks simultaneously and work under tight deadlines.
• Good understanding of Equity and Futures market.