Goldman Sachs & Co. Operations - Liquidity & Collateral - Margin, Collateral & Val Ops - Analyst - London in London, United Kingdom

MORE ABOUT THIS JOB

YOUR IMPACT

An Analyst within Collateral Management will primarily be focused on themitigation of counterparty credit risk through the performance of a number ofoperational processes. Analyst will be expected to perform these functions as wellas demonstrating innovation and a proactive approach, highlighting inefficiencies,risks and implementing improvements. In addition, the analyst will be expected toprovide a high level of service to their clients.The role will involve close partnership and interaction with a wide range of areas,including Credit Risk Management, Legal and Compliance, Sales, Trading, RiskManagement and other Operations Departments.

Collateral Management, part of Margin, Valuations & Pricing Operations sits withinthe Goldman Sachs Liquidity Collateral & Optimization organization. A global, multifaceted and cross product function, the primary objective of the department is themitigation of counterparty credit risk through the active monitoring of clients’derivative and securities financing portfolios. Collateral Management is currently+100 staff strong in globally, with regions in Salt Lake City, New York, London, Bangalore and Singapore working closely together.

OUR IMPACT

The team have a rare opportunity to support products and business ranging fromforeign exchange, commodities, credit, Equity, Interest Rates, Repo,Insurance/Pensions and bespoke structured derivatives and arrangements. The teammanages a wide range of complex processes, with members developing skills andcompetencies around derivative & security products and their respective businessareas, legal agreements, technology flows and regulations.

RESPONSIBILITIES AND QUALIFICATIONS

Responsibilities:

  • Daily monitoring of client portfolios, issuing & receiving collateral calls

  • Extensive interaction with clients

  • Resolution and escalation of all client disputes and regulatory queries

  • New client on-boarding

  • Liaison with internal groups (Credit, Sales, Trading, Middle office, Legal, Front Office, Settlements, and Corporate Treasury) to resolve collateral issues

  • Reconciliation of portfolios

  • Collateral Optimization

  • Monthly Interest and coupon settlement

  • Performing a number of control functions, ensuring the integrity of our processes

Basic Qualifications

  • Ability to generate creative solutions to problems and challenge processes; be willing to dig into the detail to resolve issues

  • Some experience of portfolio reconciliations and processing of margin calls would be desirable

  • Confidence to interact with external clients

  • Strong organizational skills and the ability to cope with rapidly changing priorities throughout the day are essential

  • Familiarity with/ability to learn Excel macros and other functions

Preferred Qualifications

  • Functional Expertise - Keeps up-to-date with emerging business, economic, and market trends

  • Technical Skills - Demonstrates strong technical skills required for the role, pays attention to detail, takes initiative to broaden his/ her knowledge and demonstrates appropriate financial/analytical skills

  • Client and Business Focus - Effectively handles difficult requests, builds trusting, long term relationships with clients, helps the client to identify/define needs and manages client/business expectations

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., 2017. All rights reservedGoldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.

Location(s)UK-London

Job ID2017-22670

Schedule TypeFull Time

LevelAnalyst

Function(s)Operations

RegionEMEA

DivisionOperations

Business UnitCollateral Management Ops

Employment TypeEmployee