Controllers Division, Regulatory Controllers, Associate, London

Recruiter
Goldman Sachs
Location
London, United Kingdom
Salary
Competitive
Posted
08 May 2022
Closes
15 May 2022
Ref
14059184
Job Function
Accounting/Audit/Tax
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
CONTROLLERS DIVISION
The mission of Controllers is to ensure that the firm meets the financial control and reporting obligations of a global, regulated and public financial institution. As part of the firm's second line of defence, Controllers provides the critical analysis required while ensuring the internal and external financial information of the firm is accurate. Additionally, Controllers serves an important role in safeguarding the assets of the firm through the independent scrutiny of financial information. Controllers engages regularly with the firm's regulators and auditors and through its strong culture of control and challenge helps to protect the firm from reputational and other risks.
DEPARTMENT OVERVIEW
London Regulatory Controllers are responsible for ensuring that Goldman Sachs International maintains adequate capital resources to meet the firm's investment business commitments and to withstand the risks to which the business is subject, e.g. Market Risk, Credit Risk and Operational Risk. The team is responsible for the production of all internal and external prudential regulatory capital reporting for EMEA regulated entities. The current vacancy is for an Associate level candidate within the Regulatory Reporting Production Reporting team specialising in Capital, RWA and Leverage ratio computations. This is a very high profile team involved in a wide range of areas/issues and involves interaction with many other areas of the Firm.
RESPONSIBILITIES
  • Calculating components of the regulatory capital position on a daily basis.
  • Preparation and analysis of information used in frequent ad-hoc requests
  • Preparation and presentation of PRA regulatory returns on a monthly/quarterly basis:
  • UK entities COREP returns
  • Various PRA returns (FSA001, FSA002, FSA015, FSA017) and Group FSA015, and FSA017
  • Leverage ratio calculations and reporting
  • Coverage of the Bank of England regulatory returns (BT, AD, AL, BE etc)
  • Preparation, review and presentation of internal management information:
  • Monthly/quarterly regulatory capital internal committee decks
  • Capital forecast scenarios for ICAAP
QUALIFICATIONS & EXPERIENCE
  • A qualified accountant (ACA, ACCA or equivalent) with at least 1 years post qualified experience with the banking industry
  • Experience of the UK banking regulatory landscape covering capital ratios and calculations
  • A good understand of Market, Credit and Operational risk considerations in relation to UK and EMEA regulated entities
PREFERRED CHARACTERISTICS
  • Strong analytical skill - You demonstrate an aptitude for problem solving with the ability to exercise sound and balanced judgment in a highly regulated environment
  • Functional expertise - Enjoy keeping up-to-date with emerging business, economic, and market trends
  • Strong technical accounting skills - You demonstrate strong technical skills, pay attention to detail, take initiative to broaden your knowledge and resolve accounting issues
  • Personal drive and motivation - Successfully handle multiple tasks, take initiative to improve your own performance, work intensely towards challenging goals
  • A client and business focus - Effectively handle difficult requests, build trusting, long-term relationships with clients, help the client to identify/define needs and manages client/business expectations
  • Strong teamwork ethic - You are a strong team player with excellent interpersonal skills. You collaborate well with others within and across teams, encourage other team members to participate and contribute and acknowledges others' contributions
  • Excellent communication skills - Communicate what is relevant and important in a clear and concise manner and share information/new ideas with others
  • Judgement and problem solving - You will always be thinking ahead, able to anticipate questions, plan for contingencies, find alternative solutions and identifies clear objectives.
  • Creativity/Innovation and a desire to add value - Look for new ways to improve current processes and develop creative solutions that are grounded in reality and have practical value
  • The ability to influence outcomes - Present sound, persuasive rationale for ideas or opinions. Able to take a position on issues and influences others' opinions and presents persuasive recommendations both internally and to our external partners.

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

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