• Operations, Regulatory Operations, Trade & Transaction Reporting, Analyst - Tokyo

    Location(s) JP-Minato-ku
    Job ID
    2018-41615
    Schedule Type
    Full Time
    Level
    Analyst
    Function(s)
    Operations
    Region
    Japan
    Division
    Operations
    Business Unit
    Trade & Transaction Reg Reprtg
    Employment Type
    Employee
  • MORE ABOUT THIS JOB

    OPERATIONS

    Operations is a multi-faceted division that partners with all areas of the firm to deliver banking, sales and trading and asset management capabilities to clients around the world. In addition, Operations provides essential risk management and control to preserve and enhance the firm's assets and its reputation. For every trade agreed, every new product launched or market entered, every transaction completed, it is Operations that develops the processes and controls that makes the business flow. 

     

    YOUR IMPACT

    Our Trade/Transaction reporting team is seeking a professional who is looking to apply your data analytical skills while deepening your understanding of various financial products and regulatory reporting requirements in Japan.

     

    With the continued changes in the regulatory landscape, you will also have opportunities to see regulators' areas of focus in the financial market, whether specific to Japan or to align globally, and be part of implementing our process and workflow for new regulatory reporting requirements for the firm. 

     

    OUR IMPACT

    Japan Regulatory Operations Trade/Transaction reporting team is responsible for the oversight of non-financial regulatory reporting to the Japanese central banks, exchanges, and Self Regulated Organizations. The team is responsible for the monitoring, preparation, and submission of regulatory reports by maintaining controls to mitigate reporting risks. It also engages in the analysis of the requirements surrounding the firm's non-financial regulatory reporting by working closely with the various Business, Operations, Compliance, Legal, and Technology teams to improve and maintain the quality of the firm’s regulatory reporting. 

     

     

    RESPONSIBILITIES AND QUALIFICATIONS

    HOW YOU WILL FULFILL YOUR POTENTIAL:

    This role requires an motivated individual that can liaise with various groups supporting the businesses to design, implement, and manage regulatory reporting across the globe. Responsibilities include:

    • Produce and/or validate for accuracy daily, weekly or monthly regulatory reports;
    • Timely investigation and resolution of exceptions generated during the reporting process/ cycle;
    • Coordinate the remediation of reporting anomalies;
    • Engage in the testing and implementation of rule changes that impact reporting processes;
    • Document functional requirements for technology to describe the required changes to reporting processes as a result of rule changes or other change management initiatives;
    • Recommend infrastructure and reporting improvements;
    • Develop global partnerships across Operations, broader Federation and the business area in order to help implement initiatives;
    • Proactively assist the business, operations, compliance, and IT management in understanding the impact of business initiatives on regulatory reporting;
    • Analyze regulatory inquiries related to trade, transaction or position data;
    • Maintain strong risk management within the daily production process;
    • Maintenance of procedures and other documents relating to the team;
    • Maintain a strong focus on streamlining in efficient processes, drive forward solutions to remediate production issues in order to improve both accuracy and timeliness;
    • Recommend infrastructure improvements; and
    • Develop recommendations for process control improvements.

    Basic Qualifications

    • Proactive self-starting individual with high levels of ownership 
    • Flexibility and ability to learn quickly 
    • Strong analytical and organizational skills 
    • Strong interpersonal skills together with the ability to influence others and make decisions 
    • Strong ability to partner with managers to understand complex regulatory reporting requirements 
    • Strong technical skills, along with general understanding of system development

    Preferred Qualifications

    • Understanding of the securities / derivatives business and related products 
    • Experience with regulatory reporting 
    • Experience of process improvements and system upgrades/testing cycles 
    • Preparing scope and user requirements documents 
    • Preparing test scripts 
    • Coordinating user acceptance testing

    ABOUT GOLDMAN SACHS

    The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

    © The Goldman Sachs Group, Inc., 2018. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.

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