GBM Public Dept London Associate Margin, Collateral Valuations Operations

Goldman Sachs

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profile Job Location:

London - UK

profile Monthly Salary: Not Disclosed
Posted on: 3 hours ago
Vacancies: 1 Vacancy

Job Summary

Description

YOUR IMPACT

Goldman Sachs is a meritocracy where you will be given all the tools to help you develop. At Goldman Sachs you will have access to excellent training programmes designed to improve multiple facets of your skills portfolio. Our in-house training programme Goldman Sachs University offers a comprehensive series of courses that you will have access to as your career progresses. Goldman Sachs University has an impressive catalogue of courses which span technical business and leadership skills training.

In order to help you navigate the organisation you will be given a mentor from outside of your immediate department. This person will be positioned to provide you with objective advice and guidance on your career development.

We value internal mobility. The chance to take on new challenges in the firm over time will ensure that you remain stimulated and will help in your continued professional and personal development.

Goldman Sachs is an Equal Employment Opportunity Employer and does not discriminate in employment on the basis of age race colour gender national origin disability veteran status or any other basis that is prohibited by applicable law.


OUR IMPACT

The Goldman Sachs Group Inc. is 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 high-net-worth individuals. The firm is headquartered in New York and maintains offices in London Frankfurt Tokyo Hong Kong and other major financial centers around the world.

Founded in 1869 Goldman Sachs has long sustained a commitment to hiring and training outstanding leaders. Our business principles are rooted in integrity a commitment to excellence innovation and teamwork. These values enable us to execute successfully a business strategy that is focused on extraordinary client service and superior long-term financial performance for our shareholders.

We conduct our business in increasingly complex markets. Our people must continually find new ways to provide access to capital manage risk and provide investment opportunities for our clients to enable them to realise their goals. We judge ourselves on our ability to help clients anticipate and respond to changing market conditions and to create opportunities that merit the trust they place in us.

We are committed to growing our distinctive Culture and upholding our core values which always place our clients interests first. These values are reflected in our Business Principles which emphasise integrity commitment to excellence innovation and teamwork.

BUSINESS UNIT OVERVIEW

We have Collateral Management (Cleared and non-cleared) Portfolio Reconciliation Margin Lending and Ready to Margin which are part of Margin Collateral Valuations Operations (MCVO) sits within the Goldman Sachs Operations organization. A global multi-faceted and cross product function the primary objective of the department is the mitigation of counterparty credit risk through the active monitoring of clients derivative prime brokerage GS execution & clearing derivatives clearing and securities financing portfolios. The Bangalore MCVO team is works in close partnership with teams in New York London Singapore & Salt Lake City.

Products supported include foreign exchange commodities credit equity interest rate and bespoke structured derivatives. The team manages a wide range of complex processes with members developing skills and competencies around derivative & security products and their respective business areas legal agreements technology flows and regulations.

JOB SUMMARY AND RESPONSBILITIES

An employee within MCVO will primarily be focused on the mitigation of counterparty credit risk through the performance of a number of operational processes. They will be expected to perform these functions as well as demonstrating innovation and a proactive approach highlighting inefficiencies risks and implementing addition they will also be expected to provide a high level of service to their clients.

The role will involve close interaction with a wide range of areas of the bank including Credit Risk Management Legal and Compliance Sales Trading Controllers Middle Office Client Representatives Central Clearing Services and other Operations Departments. As a result the successful candidate will be required to possess strong communication skills.

We promote cross training and ensure our employees develop a broad level of understanding across the varied departmental functions carried out. You can expect to be given early responsibility and in return you will be expected to contribute your own ideas to make a difference and add value to the group.

Some specific set of responsibilities are

Documentation Review & Digitization

  • Review and analyzeISDA Master Agreements CSAs and other master documentation identifying material clauses and key risk terms.
  • Translate complex legal language into structured data capturing terms (simple to highly structured) into ourCredit Legal and Margin systems.
  • Serve as thereview and approval checkpointbefore terms flow into downstream pricing confirmation collateral and regulatory platforms.

Client Onboarding & Settlement Setup

  • Own the setup ofclient Standard Settlement Instructions (SSIs)for cash and securities includingAlert Non-Alert third-party and tri-party custodian accounts.
  • Configure collateral accounts and work across platforms such asAcadiaandTriOptima.

Cross-Functional Partnership

  • Collaborate withLegal Credit Middle Office Trading Sales Corporate Treasury and Riskto resolve issues and unlock opportunities.
  • Partner withEngineeringto resolve system breaks and drive scalable enhancement

Risk Controls & Continuous Improvement

  • Identify operational risks and designrobust controlsto mitigate them.
  • Ensure prompt resolution ofregulatory exceptions(UMR FINRA and SEC and more).
  • Streamline workflows build metrics with the global team and contribute tonew product reviewsto ensure scalable support.

SKILLS / RELEVANT EXPERIENCE

  • Derivatives documentation experience Ops documentation drafting middle office or derivatives legal background.
  • Strong familiarity withISDA Master Agreements schedules and NY/UK law CSAs.
  • Ability todeconstruct legal documentationinto operational data components.
  • Solid understanding of regulations such asUMR FINRA and Brexit-related changesand their margining implications.
  • Skill in tracing data flows across systems to diagnose and resolve breaks.
  • Hands-on experience withAcadiaSoft TriOptima SSI setup (Alert/Non-Alert) and tri-party custodian onboarding
  • Detail-obsessedwith a zero-defect mindset.
  • Strongcontrol orientationand sound judgment on when to escalate.
  • Excellentverbal and written communication comfortable drafting documentation and engaging internal stakeholders.
  • Aself-starterwho thrives both independently and as part of a collaborative global team.
  • Skilled at multitasking prioritizing and continuously learning


COMPETENCIES

Functional & Technical Excellence

  • Stay ahead of the curve keep pace with evolving business economic and market trends that shape our industry.
  • Bringstrong technical and analytical skills an eye for detail and the initiative to continuously deepen your expertise.

Drive & Ownership

  • Jugglemultiple prioritieswith energy and focus.
  • Setambitious goals push through obstacles and take ownership of your own growth and performance.

Client & Business Focus

  • Buildtrusted long-term relationshipswith internal and external clients.
  • Navigatedifficult requestswith poise help clients articulate their needs and set clear expectations.

Teamwork & Collaboration

  • Be the kind of teammate others want to work with collaborative across teams inclusive of diverse voices and quick to recognize others contributions.

Clear Compelling Communication

  • Cut through complexity andcommunicate what matters clearly concisely and with purpose.
  • Share knowledge and ideas generously across the organization

Judgment & Problem Solving

  • Think ahead anticipate questions plan for contingencies and identify alternative solutions.
  • See thebig picturewhile dissecting complex issues with rigor.

Creativity & Innovation

  • Challenge the status quo. Look forsmarter ways to workand design creative practical solutions that deliver real value.

Influencing Outcomes

  • Buildpersuasive well-reasoned casesfor your ideas.
  • Take a stand on the issues that matter and influence outcomes through sound rationale and credible recommendations.
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. Were 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
Were committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more:
The Goldman Sachs Group Inc. 2023. All rights reserved. Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race color religion sex national origin age veterans status disability or any other characteristic protected by applicable law.



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DescriptionYOUR IMPACTGoldman Sachs is a meritocracy where you will be given all the tools to help you develop. At Goldman Sachs you will have access to excellent training programmes designed to improve multiple facets of your skills portfolio. Our in-house training programme Goldman Sachs Universit...
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The Goldman Sachs Group, Inc. is a leading global investment banking, securities, and asset and wealth management firm that provides a wide range of financial services.

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