Firmwide Technology – Control Room Analyst Developer recruitment

The Firmwide Technology division contains teams which focus on a range of business functions such as Client Firm Ledgers, Risk, Trade settlement and Regulatory Reporting.  Global technical leadership and cross-department co-operation has created a strong technology strategy which is both followed and challenged by new projects.  Working with other divisions, a diverse range of technologies are used to build global, scalable and robust systems which manage financial and reputational responsibilities of Goldman Sachs.  Systems are supported through a strong global model which partners with outsourcing providers.

‘Firmwide Technical Community’ groups, chaired by technologists in global offices, meet regularly and provide a forum for knowledge sharing, design collaboration and to provide component reuse and collaborative prototyping of new technologies.  To supplement the training already available, they schedule additional division wide training sessions and education opportunities such as ‘Focus on Firmwide’ (a range of presentations given by Firmwide teams covering projects and technologies), management discussion panels and ‘brown-bag’ training sessions.

Firmwide Technology attracts people from diverse technical skill sets including Analyst Developers, Technical Architects and Business Analysts.  The breadth of the areas supported by Firmwide systems provides exposure to many business functions and financial products as well as many complex technical challenges.  Cross-team initiatives and mobility opportunities enable employees to build deep business understanding and develop technical, team and leadership skills.  Such is the size and complexity of many of the cross-divisional projects that Firmwide has a ‘XDIV’ team, one of the largest teams of business analysts in technology.

There are a range of other initiatives within the Firmwide division which focus on technology, communication, people development etc.   Some examples are:
o Townhalls – global and regional townhalls held at least each quarter to share information and provide management updates.
o Mentoring – voluntary mentoring programme across all Firmwide teams
o Communication working group – volunteers from all major areas work closely with management to facilitate two way information flow.
o Social Committee – Volunteers from all teams who arrange a variety of social events throughout the year.

DEPARTMENT OVERVIEW

Compliance are responsible for ensuring that illegal and unethical activity is prevented. This is done where possible using front end controls and where this is not practical, unusual or suspicious activity is captured and retrospectively investigated.

With new clients, the Firm has the appropriate controls in place to satisfy the various “Know Your Client” (KYC) Anti-Money Laundering (AML) regulations globally. These systems are built by Compliance Technology

The information barrier between the public and private sides of the firm is maintained using systems built by Compliance Technology. This is done by recording the movement of sensitive information and running post trade surveillances against all trading activity.

For our Sales Trading businesses, we have a suite of post trade surveillances that look for a number of suspicious scenarios and feed these into a proprietary exception management system for investigation and closure.

Compliance Technology are also responsible for enforcing the electronic communication policy through controls and surveillance.

The team also support the Conflicts and Business Selection group with a proprietary application to manage that process.

We are also responsible for systems that support the global Compliance Risk Assessment process, which is conducted regularly across all divisions, reporting directly to regulators and GS board members.
     
RESPONSIBILITIES

The position is for an application developer working within the London Compliance team developing a system to enforce information barrier controls and trading restrictions globally within the Firm. We are looking for a self starting, hands-on developer with proven skills and a clear record of delivery.

The application has touch points with a multitude of areas globally across the entire spectrum of business lines including Banking, Sales Trading, Investment Research and Investment Management. The application has recently replaced a legacy system that managed information barrier controls and development will focus around continued build out of that new application as well as reengineering of technical and functional flows for restriction management. The project is global in nature and the role will require interactions at all levels to understand the problem domain, initiate requirements, design solutions then deliver on them.  This will also involve the analysis of business processes and identifying ways in which they can be improved.

The successful candidate will have the opportunity to work with users, developers and technical architects in London, New York and Asia. (S)he will be exposed to many areas of the business and gain an in-depth understanding of our regulatory environment and front office trading flows.

    
DEVELOPMENT PROSPECTS

This is a key role within the Compliance Technology team and a successful candidate can expect to become involved in a broad range of application development projects.
Compliance Technology is constantly involved in activities which span the whole firm including all new products and new markets as well as the ever changing regulatory landscape.
Goldman Sachs has a strong culture of internal mobility and the retention of strong people within the Firm.

The following technical skills are considered mandatory:
• Java: 5 years
• Object-oriented development: 5 years
• Relational database experience, preferably UDB

The successful candidate will also:
• Demonstrate strong problem solving analytical skills. You are hands-on and take ownership of issues to ensure follow-through.
• Strong communication skills are essential; you should feel comfortable working with a global group that both welcomes and challenges new ideas.
• Client facing with experience of successfully partnering with senior users to deliver benefits to the business.
• A proven track record in object oriented design and development, both client and server side, backed up by real-project implementation experience. 
• Working understanding of development lifecycle, development methodologies and best practices 
• Good understanding of financial concepts and terminology
• Self-starter – must be able to take loosely expressed problems or requirements and progress these to deliver well analyzed solutions
• Experience with J2SE, JDBC, XML/XSL, ORM Technologies, Source Code Control and Build Techniques
• .NET/C# experience would be beneficial but is not essential

Goldman Sachs is an equal opportunities employer and is committed to the principle of diversity. Goldman Sachs conducts background checks on individuals offered employment with the firm and employment with Goldman Sachs is conditional upon individuals successfully completing those checks. As part of the background check process, Goldman Sachs may need to obtain a record of disclosable criminal convictions from a government agency such as the Criminal Records Bureau. The firm has adopted policies on the recruitment of ex-offenders and on the retention, storage and disposal of criminal record information which are available on request.