Global Banking & Markets E-Trading Risk Manager / Sales & Trading Controls, VP - New York
Location: New York, New York
Type: Full Time
Internal Number: 19572654
GLOBAL BANKING & MARKETS FICC AND EQUITIES
Our core value is building strong relationships with our institutional clients, which include corporations, financial service providers, and fund managers. We help them buy and sell financial products on exchanges around the world, raise funding, and manage risk. This is a dynamic, entrepreneurial team with a passion for the markets, with individuals who thrive in fast-paced, changing environments and are energized by a bustling trading floor.
RESPONSIBILITIES AND QUALIFICATIONS
The Global Banking & Markets Operating Risk team is responsible for oversight of Operational Risk (across Sales, Trading, Engineering and Operations), Supervision, Conduct, Control Remediation, and Business Resiliency for the Global Banking & Markets Division.
The Global Banking & Markets Sales & Trading Controls team exists to both address immediate risk management priorities in the Supervision risk space within Global Banking & Markets and to develop new innovations in this field. The focus of the team is the supervision related risks that arise within the activities of the Global Banking & Markets Division, including both traditional business lines and electronic trading business lines.
As an Electronic Trading Risk Manager/Sales & Trading Controls Specialist you will develop an in-depth knowledge of the electronic trading control framework, supervision, and generate ideas to advance the electronic trading control repository. You will participate in the design of new supervisory controls and the re-engineering of existing processes by collaborating with Business Supervisors, engineers and traders. It is important to maintain the control framework and associated processes. This helps to manage risks and ensure that our risk and control framework is effective and fit for purpose.
Driving projects improving and maintaining tools supporting the Electronic Trading / Sales & Trading control framework
Supporting governance for Electronic Trading globally, establishing standards and best practices for Electronic
Trading risk management
Enabling the Business to onboard new and material changes to electronic trading activities for Committee review and approval
Designing and enhancing processes to provide Business Supervisors with best in class tools to supervise the risk in their business
Coordination of Global automated trading related risk assessments and certifications
Review of e-trading related operational risk events
Develop key metrics to measure effectiveness of the automated trading and Supervisory control framework
Liaise with other Divisions, such Compliance, Legal, Risk and Internal Audit as well as support regulatory interactions
RESPONSIBILITIES AND QUALIFICATIONS
SKILLS & EXPERIENCE WE'RE LOOKING FOR
Understanding of risks and controls across electronic trading, sales and trading business
Understanding of revenue generative functions
Working knowledge of software driven risks
Experience managing projects, and building and maintaining stakeholder relationships
Experience of operational risk and a familiarity with operational risk frameworks a plus
Experience in process redesign and executing strategic concepts from inception to implementation
Ability to prioritize and meet simultaneous competing demands and a passion for a drive to deliver
Interest in developments in the global financial regulatory environment, specific knowledge of automated trading related regulation and front office supervision frameworks a plus
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., 2023. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
Salary Range The expected base salary for this New York, New York, United States-based position is $125000-$250000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.
Benefits Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here .