NJ Employer Finance, Controllers, Regulatory Services Controllers Group, Analyst, Jersey City in Jersey City, New Jersey
MORE ABOUT THIS JOB FINANCE We're a team of specialists charged with managing the firm s liquidity, capital and risk, and providing the overall financial control and reporting functions. Whether assessing the creditworthiness of the firm s counterparties, monitoring market risks associated with trading activities, or offering analytical and regulatory compliance support, our work contributes directly to the firm s success. The division is ideal for collaborative individuals who have strong ethics and attention to detail. Regulatory Services Controllers Group is seeking an Analyst to serve as a member of its CFTC/Futures team. The team supports valuing segregated collateral, computing the regulatory segregation requirements and determining that the full segregation requirement is being met. The team ensures compliance with various CFTC and exchange regulations, to which GS&Co. is subject as a Futures Commission Merchant (FCM). The team reviews the daily segregation calculations of clearing listed futures, options and swaps. RESPONSIBILITIES AND QUALIFICATIONS Principal Responsibilities: * Compute and file applicable customer segregation reports and investment detail reports with the CFTC. * Review exchange margin requirements and the sources of meeting such requirements including the utilization of customer owned securities and the investment of customer funds, along with the Securities Division. * Review trends in the FCM business for senior management, including the composition of its customer base, the general trading activity of its customers, the types of markets and products traded by its customers, the volatility and liquidity of the markets and products traded by its customers. * Work closely with external regulators and Internal Audit on examinations of GS&Co. s segregation functions. * Work with the Technology Department to enhance controls and streamline processes. * Review customer margin and segregation processes with Operations and Legal Departments. * Document and maintain policies and procedures for Controller oversight of customer asset protection. * Calculate CFTC minimum capital requirements and capital charges related to the listed derivative business. Qualifications: * Years of experience- 0 to 3. * Accounting background preferred. * Strong Excel skills. * Strong written and presentation skills. * Strong analytical and control mindset. 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.