Controllers, EMEA Regulatory Controller, Associate, London

YOUR IMPACT

The current vacancy is for an EMEA Associate candidate within the Regulatory Policy team whose role will include current and future policy analysis focusing on a range of prudential topics such as Capital Resources, RWAs, Large Exposures and Leverage Ratio policy issues as well as rules related to stress-testing and ICAAP processes. The individual will assess the regulatory requirements related to these areas and liaise with various teams, such as Controllers, business areas, Risk, Legal, and Government Affairs to ensure appropriate interpretation, governance and implementation of rules and manage the related regulatory change. It will also involve working with the US teams involved in similar policy roles at the GS Group level.

Key responsibilities include:

Interpretation

Provide written interpretations of UK, EU and South Africa rules including new rules and revisions to a suite of policy documents
Liaise with wider stakeholders across teams to develop appropriate requirements, processes and solutions
Understanding and familiarity of other regulatory developments is encouraged, including liquidity requirements, stress testing, ICAAP and derivatives market regulation (e.g. EMIR and MIFID), although these areas are not the direct responsibility of the team
Advocacy

Analyse new regulatory change from EMEA regulators including revisions to the Capital Requirements Regulation and related requirements from Basel, PRA, Bank of England, European Commission, EBA and ECB
Communicate and seek input on regulatory developments to/from internal stakeholders
Coordinate impact assessments of new regulatory updates on the firm This role provides an exciting opportunity to participate in an important area of regulatory change and be involved in developing the firm’s thinking and approach to implementing these evolving regulatory requirements.
Basic Qualifications / Skills

Educated to degree level
Relevant experience within bank, industry or regulatory bodies
Knowledge and experience of the banking sector, including a strong understanding of prudential risk and / or capital management processes and procedures
Preferred Qualifications /Skills

Regulatory knowledge – in-depth understanding of the regulatory capital rules would be preferred but not essential, including knowledge of Basel, CRR, and Leverage Ratio. Understanding of Regulatory Reporting, in particular UK & EU, is also desirable
Project Management - project management and organisational skills including managing projects, change and stakeholders
Effective Communicator - is able to communicate effectively, both orally and in writing, to a broad range of people both across the firm and externally at various levels of seniority. Shares information/new ideas with others
Proactive - takes ownership of issues and provides constant high-quality feedback. Takes initiative to improve his/her own performance, works intensely towards extremely challenging goals and persists in the face of obstacles or setbacks
Analytical - pays attention to detail, and demonstrates an ability to digest complex technical regulatory papers and extract pertinent issues
Team player - is a strong team player, collaborates with others within and across teams, encourages other team members to participate and contribute and acknowledges others' contributions