• Operations, Securities Division Operations, Liquidity Operations - Bank Relations, Associate, Singapore

    Location(s) SG-Singapore
    Job ID
    2019-51983
    Schedule Type
    Full Time
    Level
    Analyst
    Function(s)
    Operations
    Region
    Asia Except Japan
    Division
    Operations
    Business Unit
    Liquidity Ops
    Employment Type
    Employee
  • MORE ABOUT THIS JOB

     OPERATIONS

     

    Operations is a dynamic, multi-faceted division 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 span 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.

     

    YOUR IMPACT

    Liquidity Operations is the firm’s “central bank” for managing the firm’s overall funding positions. The team works in a time sensitive environment in which accuracy of processing and timely escalation and communication with the various Operations teams, Corporate Treasury and the firm's external Nostro Agent Banks is essential to a smooth settlement process.

     

    Bank Relations (BR) is a global team responsible for managing strategic relationships with the firm’s network of agent bank vendors.  Whilst maintaining a risk and control mindset, the team’s goals are to establish, enhance, and maintain these relationships in order to derive the maximum commercial and operational value for the firm.  BR works across multiple geographies and asset classes to comply with both internal governance and external regulation to achieve a common standard of service and risk mitigation across its global agent bank network. 

    RESPONSIBILITIES AND QUALIFICATIONS

    Here are some of the key expectations with particular emphasis of onboarding vendor/bank relationships as well as the qualifications we look for.

    • Coordinate the firm’s vendor management program for agent bank providers, which will onboard new relationships, assess vendors’ risk management, fee structure, service level, and issue resolution.
    • Collaborate and partner with relationship managers in the region to enhance the agent bank experience with Goldman Sachs and ensure we remain best in class
    • Comply with internal risk frameworks and industry regulations (e.g. CASS) to reduce risk and extract maximum value from our global network, connecting with stakeholders to lobby for change.
    • Proactively identify anomalies in agent bank trade or fee data to achieve the firm’s commercial and strategic goals.
    • Ability to operate independently and effectively drive multiple initiatives.
    • Detail oriented with the ability to quickly identify and learn pertinent information across wide range of business.
    • Ability to combine tactical and strategic thinking.
    • Strong communication skills to articulate issues to a wide range of stakeholders both internally and externally.
    • Knowledge of cash or securities industry trade life cycles.

    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., 2019. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.