Operations - Regulatory and Control Ops - Client

**DEPARTMENT OVERVIEW**

Operations is a dynamic, multi-faceted division that partners with all parts of the firm to provide banking, securities, and asset management services to clients around the world. In addition, Operations provides essential risk management and controls to preserve and enhance the firm's assets and its reputation. For every new product launched and every trade executed, it is Operations that develops and manages the processes and controls that enable business flow.

**YOUR IMPACT**

We are looking for an individual to join our Client Assets function. Responsibilities and scope of role will include the governance, oversight and partnership across global Operations and other divisions such as business areas, Legal, Compliance and Technology to ensure adherence to UK FCA Client Assets Rules. The role offers opportunities to enhance understanding of various business offerings.

**OUR IMPACT**

Operations are a multi-faceted division that turns ideas into business realities. We partner with all areas of the firm to deliver banking, sales and trading and asset management capabilities to clients around the world. Alongside that vital service delivery role, Operations provides essential risk management and control, preserving and enhancing the firm’s assets and its reputation.

The Client Assets team within Core Operations is responsible for ensuring compliance with FCA Client Asset regulations. They are responsible for the daily client money lock up calculation and analysis of client balances across a broad range of business areas, regulatory governance mechanisms and reporting within the various regulated entities. The team also are responsible for partnering with business analysis and implementation teams, driving forward various projects to develop and improve risk & control frameworks and meet commercial initiatives, and liaising with regulators.

**HOW YOU WILL FULFIL YOUR POTENTIAL**

Responsibilities include the following:

- Contribute to efforts to enhance and maintain current CASS risk assessment and control framework across all FCA regulated entities
- Involvement in CASS breach management, remediation & reporting to FCA
- Consulting with Legal, Compliance and Operations management on Client Assets issues
- Participate in the implementation of rule changes impacting Operations teams
- Participate in Client Asset commercial initiatives
- Review operational processes to identify client assets touchpoints and evaluate controls in place to adhere to UK FCA CASS rules

**SKILLS AND EXPERIENCES WE ARE LOOKING FOR**
- Minimum 4 years’ experience with working knowledge of UK CASS regulations preferably in the banking industry
- Expertise in CASS 6, 7 and 8 would definitely be advantageous
- Experience of supervisory responsibilities (i.e. reviewing tasks, acting as the initial point of escalation, etc.)
- Ability to manage various deliverables concurrently throughout the day, within deadlines
- Must be a self-starter who can liaise with various teams both regionally and globally
- Must have strong communication skills to clearly articulate issues and ideas, provide timely escalation
- Strong analytical skills with an ability to understand complex workflows across multiple business areas and develop use of business intelligence required
- Demonstration of strong organisational, prioritisation and project management skills required
- Good interpersonal skills to build strong relationship with key stakeholders within and outside of Operations essential
- Good influencing skills to work with the Operations team in challenging the status quo and continuously enhancing the control environment required
- Educated to a Degree level

**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.

© 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