• Operations - Banking Investing Lending Ops - Investing & Lending MO - Credit Loans Middle Office - Analyst - Bengaluru

    Location(s) IN-Bengaluru
    Job ID
    2019-54708
    Schedule Type
    Full Time
    Level
    Analyst
    Function(s)
    Operations
    Region
    India
    Division
    Operations
    Business Unit
    Investing & Lending MO
    Employment Type
    Employee
  • 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

     

    Loan Operations is seeking a professional to provide middle office support for EMEA & Asia PAR trading portfolio. The role involves (but is not limited to) monitoring trading systems for new trades; confirming said trades with outside clients; insuring the proper internal approvals are obtained; producing and monitoring confirms; drafting transfer documents, and prepare trade proceeds calculations and ensure trades are settled within our system. The role provides a high level of interaction with trading, sales and outside clients, as well as exposure to in-house lawyers, compliance, credit, regulatory teams and other Operations areas covering the trading desk. The Bank Loans trading desk is a highly demanding business and priorities can change daily. The team needs people, who can both prioritise and display flexibility; who will pay close attention to detail and display a high standard for accuracy and responsiveness; who have a positive attitude and will work towards accomplishing the goals of the team.

     

    OUR IMPACT

     

    Loan 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.

    BUSINESS UNIT OVERVIEW

     

    Middle Office supports the Credit Sales & Trading desk by working with Client, Sales/Trading desks and other stakeholders to resolve any open questions/issuest. The team monitors and controls operational risk throughout the trade processing life cycle, closely reviewing Trade Confirmation, allcation, facilitation and verification to Client accounts & necessary documents for trade settlements. The team collaborates with our technology & business partners to enhances sytems & workflows.

    RESPONSIBILITIES AND QUALIFICATIONS

    JOB SUMMARY AND RESPONSBILITIES

    • Become a subject matter expert to mitigate risk and drive efficiencies
    • Have a front-to-back understanding of the loan product and the events associated with it by managing a complex portfolio and be an SME.
    • Leverage the in-depth knowledge to help out the team with complicated transactions and drive solutions in an effective manner.
    • Maintain a clean inventory for the team and perform effective EOD checks.
    • Encourage holistic risk mindset and proactive escalation within the team.

    BASIC QUALIFICATIONS

    • Bachelor's degree with a minimum of two years of experience in financial services 
    • Candidate must be comfortable in a high-pressured environment
    • Proven analytical skills, problem solving ability, control mentality and attention to detail 
    • Aptitude for building relationships, along with the ability to communicate complex issues to a wide array of internal and external clients with differing levels of product experience 
    • Self-motivated and proactive team player who takes ownership and accountability of projects & tasks, has strong organizational skills and effectively manages competing priorities 
    • Operations client facing role experience strongly preferred
    • Ability to work in fast paced environment
    • High attention to detail

    PREFFERED QUALIFICATIONS

    • Experience with Front office roles
    • Excellent written communication and presentations skills
    • Proficiency using the Microsoft Office Suite, including Excel, PowerPoint and Microsoft Word
    • Fast learner with the ability to process large amounts of information to determine operational requirements and potential issues

     

    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.