Live opening · Posted 2 days ago
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About the role
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At Goldman Sachs, we connect people, capital and ideas to help solve problems for our clients. We are a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. For us, it’s all about bringing together people who are curious, collaborative and have the drive to make things possible for our clients and communities.
Operations is a dynamic, multi-faceted area that partners with all areas of the firm to deliver banking, sales and trading and asset management capabilities to clients around the world. Alongside this vital service delivery role, Operations provides essential risk management and control, preserving and enhancing the firm’s assets and its reputation. Operations spans all product lines and markets, serving as internal business partners who develop the processes and controls and help to specify the systems that deliver accuracy, timeliness and integrity to our business.
Global Banking & Markets (GBM) is responsible for ensuring efficient and accurate transaction processing across a broad range of products. Generally, the products supported are complex instruments that require close alignment with our Business partners. A key focus for the organization is establishing strong risk management procedures and controls to ensure the firm and our clients are properly protected. GBM is at the forefront of shaping and driving change in the industry with the ultimate aim of delivering greater accuracy, control and efficiency for our clients and our businesses.
RESPONSIBILITIES AND QUALIFICATIONS
How you will fulfill your potential:
Build and maintain a strong business relationship with derivative trading desks
Prepare and review legal documentation of standard and non-standard derivative trade documentation with Trading, Legal and outside counsel
Partner with Trading and other Operations teams to provide commentary on legal language and insight for long-term support requirements
Ensure control measures are in place and applied to support existing and new structured transactions
Ensure confirmations accurately incorporate the appropriate ISDA Definitions, Supplements and MCAs
Coordinating with external clients to ensure timely execution of confirmations and resolve all outstanding queries on documentation
Participate in enhancement projects with Technology and other Operations colleagues, with an aim to improving scalability and efficiency of the confirmation process
Design and initiate process improvements with thorough understanding of template architecture and system flows
Respond to an ever-evolving regulatory environment by:
Developing expertise in regulatory requirements and acting as a consultant to translate these regulatory requirements into functional requirements
Analyzing regulatory compliance data
Skills
Excellent team player, able to work well inside a group and broadly across an organization
Proven ability to organize and prioritize own workload and drive results
Familiarity with risk and control framework
Ability to multitask and work in high pressure environment
Strong written and verbal communication skills; demonstrated confidence in communicating in a variety of forums and with varied audiences, including: formal presentations, training sessions, larger meeting venues, and with external/internal clients
Proven ability to work effectively in a team environment; able to work independently and as a self-starter, as appropriate
Attention to detail, particularly with regard to legal language and a sense of urgency in escalating and resolving outstanding issues
Demonstrated commitment to quality controls and procedures
Strong problem solving and analytical skills
Excellent PC skills, including Microsoft Word and Excel
Basic Qualifications
Bachelor’s degree with competitive GPA
At least 3 years of professional work experience in financial services operations
Proficient with Microsoft applications
Ability to demonstrate strong technical skills and keen attention to detail
Preferred Qualifications:
Understanding of the commodities markets
Understanding of the derivatives industry
Project management experience
Legal documentation experience
Experience working with legal counsel and external customers
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:
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