Goldman Sachs & Co. Operations - Goldman Sachs Asset Management Operations (GSAM) - Trade Management - Confirmation and Settlement - VP - SLC in Salt Lake City, Utah

MORE ABOUT THIS JOB

YOUR IMPACT

Are you looking to expand your understanding of financial products and be well versed on the life cycle of a trade? Our Trade Management team is seeking a professional who is looking to collaborate with traders, portfolio managers and external counter parties to ensure all trades are communicated, confirmed, and settled to safeguard our clients and funds.

 

OUR IMPACT

Operations is a dynamic, multi-faceted division that partners with all parts of the firm to deliver banking, sales and trading and asset management capabilities to clients around the world. In addition, Operations provides essential risk management and control to preserve and enhance the firm’s assets and its reputation. For every trade agreed, every new product launched or market entered, every transaction completed, it is Operations that develops the processes and controls that makes business flow.

 

Goldman Sachs Asset Management (GSAM) is the investment management arm of the firm. As a leading player in the asset management world, GSAM makes pioneering industry improvements a priority across all of its sectors. The Trade Management team has primary responsibility of mitigating risk throughout all aspects of trade flow, settlement, and collateral management.

 

HOW YOU WILL FULFILL YOUR POTENTIAL

RESPONSIBILITIES AND QUALIFICATIONS

  • Prepare to gain a comprehensive understanding of the trade life-cycle by interacting with traders, strategists, clients, and technologists to work toward the shared goal of risk mitigation

  • Connect daily with traders and brokers to resolve issues and ensure timely settlement of trades

  • Understand and improve problem solving capability for complex trade flow, accounting issues, and transactional discrepancies

  • Showcase leadership in project management skills toward aims of improved cross-product support and relationship management

  • Leverage your quantitative skills to decompose processes to improve control and scale of the business

  • Provide reporting to senior leadership and produce insightful analyses of the business upon request for management

  • Grow with the team; develop a deeper understanding of complex transactions and work with our business partners to progress our trade capture capabilities

  • Day to day management of middle office teams supporting traders and portfolio managers across products and various Derivatives business units

  • Managing the Post-trade team and ensure our fails volume are steady and low

  • People management responsibilities

  • Interfacing with wide range of internal and external counter parties as part of ensuring efficient settlement of trading activity

  • Problem solving capability for complex trade flow, accounting issues and trade discrepancies, post-trade issues

  • Process analysis to improve control, scalability and efficiency

  • Providing project management leadership and/or support for new and existing products, with an emphasis on co-operation with Information Technology for the development and enhancement of processes and systems

  • Building relationships with outside financial institutions (brokers, custodians, prime broker and fund administrator) to improve quality and productivity of work, integrating best practices as appropriate

  • Providing regular and ad hoc management information on STP rates, risks and volumes

  • Pro-actively identifying opportunities and enhancements to improve functions

  • Maintain team procedures and provide regular management reporting to senior Operations managers and the business

 

BASIC QUALIFICATIONS

  • Bachelor’s degree

  • At least 5 years of professional experience with financial products and people management

PREFERRED QUALIFICATIONS

  • At least 5 year asset management or middle office experience (preferred experience or solid understanding of OTC Derivatives, Equity, Fix Income, Repo and related trade support functions

  • People management experience, including day-to-day oversight, career management and management administration

  • Understanding of industry agenda & platforms (e.g. DTC, SWIFT, Oasys, MBSE, DTCC, Trade Warehouse, etc) is a plus

  • Experience in broker and/or client facing activities

  • Capability to prioritize and work under pressure in a fast-paced environment

  • Proactive, self-motivated individual with high levels of ownership, and driven to achieve

  • Demonstrates ability to independently troubleshoot and resolve most common problems that arise

  • Demonstrates ability to apply re-engineering methodologies to processes and execute solutions

  • Demonstrate ability to identify inter-relationships and understand the broad impacts of work and projects across the organization

  • Possesses excellent communication skills and attention to detail

  • Strong interest in Operations and asset management trade support and/or middle office

Location(s)US-UT-Salt Lake City

Job ID2017-37605

Schedule TypeFull Time

LevelVice President/Executive Director

Function(s)Operations

RegionAmericas

DivisionOperations

Business UnitTrade Management

Employment TypeEmployee