• Securities, Prime Services, Product Development, Associate, London

    Location(s) UK-London
    Job ID
    2019-51998
    Schedule Type
    Full Time
    Level
    Associate
    Function(s)
    General
    Region
    EMEA
    Division
    Securities
    Business Unit
    Prime Brokerage
    Employment Type
    Employee
  • MORE ABOUT THIS JOB

    SECURITIES

    Our core value is building strong relationships with our institutional clients, which include corporations, financial service providers, and fund managers. We help them buy and sell financial products on exchanges around the world, raise funding, and manage risk. This is a dynamic, entrepreneurial team with a passion for the markets, with individuals who thrive in fast-paced, changing environments and are energized by a bustling trading floor.

    RESPONSIBILITIES AND QUALIFICATIONS

    Securities Division:

     

    The Securities Division enables our clients to buy and sell financial products, raise funding and manage risk. We make markets and facilitate client transactions in fixed income, equity, currency and commodity products.  In addition, we make markets in and clear client transactions on major stock, options and futures exchanges worldwide.

     

    Prime Services provides hedge funds, asset managers and broker dealers with access to margin financing and securities lending as well as a range of custody related services including securities clearing, settlement and asset servicing.

     

    Role Summary:

     

    Associate

    Prime Services Product Development is a client-facing function accountable for the governance and management of a range of products and services used daily by the Firm’s Prime Services clients.  Through an on-going feedback process with clients, vendors and internal stakeholders, we are responsible for defining the product needs of our users and designing solutions which deliver on these. Whilst best in class client experience remains the central mission statement we are focussed on achieving this in ways which maximise internalisation, optimisation and revenue generation opportunities.

     

    ‘Product’ ranges from a rich web portal which serves up tools and information to help clients administer their daily operations to creating solutions which bring about trading/operational efficiency, optimise financing, maximise ROAE and enter new markets. Product Development goes right down into the detail; writing specifications, mapping existing data flows and designing new ones; contributing to UATs, rolling out new developments and providing training.  As subject matter experts there is an element of day-to-day ‘support’ too.

     

    We are looking for someone who is deeply inquisitive and who likes to have a thorough understanding of how things work.  The applicant should be highly analytical and prepared to tackle problems from first principles.  Since the role is client facing, being presentable and personable is a must.  We often face competing demands for the same resources so commercial thinking and an appreciation of cost / benefit assessment will be essential.

    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.