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Goldman Sachs & Co. Global Markets Operations - Equities Ops - Confirmations Execution Group - Analyst - Bengaluru in Bengaluru, Indiana

MORE ABOUT THIS JOB

OPERATIONS

Operations is a dynamic, multi-faceted division that partners with all parts of the firm to provide banking, securities, and asset management services to clients around the world. In addition, Operations provides essential risk management and controls to preserve and enhance the firm's assets and its reputation. For every new product launched and every trade executed, it is Operations that develops and manages the processes and controls that enable business flow.

YOUR IMPACT

We are looking for a professional who wants to use their skills and experience to help deliver on operations agenda while challenging themselves to further their career at Goldman Sachs.

OUR IMPACT

Global Markets Division (EQD Operations) 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 the business. A key focus for the organization is establishing strong risk management procedures and controls to ensure the firm and our clients are properly protected. Global Markets Division 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 business.

The CEG (Confirmation Execution Group) is primarily responsible for obtaining legal confirmations on OTC (over the counter) trades booked for the Equity Derivatives business. This involves the daily monitoring of outstanding trades covering a wide range of EQD businesses and products, including trades executed by the GS Volatility and Synthetics Product Group (SPG) desks.

RESPONSIBILITIES AND QUALIFICATIONS

JOB SUMMARY AND RESPONSBILITIES

  • To mitigate ECON risk in Equities, ensure affirmation requests are sent to all clients on a daily basis

  • Raised all disputes raised by the client to the desk and internal teams

  • Ensure risk is mitigated for trades that feed into various risk categories

  • Highlight breaks on electronic workflow on T

  • Resolve any disputes raised by client on the Legal confirmation

  • Review and send EOD reports to senior management

  • Review and Approve contacts setup

  • Escalate outstanding trades in category A risk to senior management

BASIC QUALIFICATIONS

  • Bachelor's degree required

  • At least 2 years of work experience in Operations or related field

  • At least 2 years of work experience in Finance or related field

  • Proficiency using the Microsoft Office Suite in particular Excel, PowerPoint, Microsoft Word, and Access

PREFFERED QUALIFICATIONS

  • OTC EQD Derivatives post trade servicing experience strongly desirable

  • Strong, analytical, technical and problem solving skills

  • Strong communication skills

  • Attention to detail. Demonstrate willingness to deep dive into an issue or problem to establish and address root cause

  • Drive and motivation - successfully handles and prioritizes multiple tasks, takes initiative and leads to improve own and team’s performance, works intensely towards extremely challenging goals and persists in the face of obstacles

  • Strong team player - effectively collaborates with others both locally and globally

  • Creativity/Innovation - leads by example to challenge status quotient and looks for new ways to improve current processes and procedures

  • Derivatives product knowledge and job experience in operations is preferred

ABOUT GOLDMAN SACHS

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:https://www.goldmansachs.com/careers/footer/disability-statement.html

© The Goldman Sachs Group, Inc., 2021. All rights reserved.Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity

Location(s)IN-Bengaluru

Job ID2021-71355

Schedule TypeFull Time

LevelAnalyst

Function(s)Operations

RegionIndia

DivisionOperations

Business UnitConfirmations Execution Group

Employment TypeEmployee

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