• Operations - CIMD Operations - GSAM Ops - Trade Management - Analyst - Bengaluru

    Location(s) IN-Bengaluru
    Job ID
    2019-55162
    Schedule Type
    Full Time
    Level
    Analyst
    Function(s)
    Operations
    Region
    India
    Division
    Operations
    Business Unit
    Trade Management
    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

     

    Are you looking to apply your client service and analytical skills while deepening your understanding of asset management? Our Trade Management team is seeking a professional who is looking to partner with our diversified Asset Management Portfolio Managers and global business counterparts to provide best in-class client experience to define solutions and lead change across the operational infrastructure.

     

    OUR IMPACT

     

    The Liquidity Management(LM) team sits within Trade Management operations which has primary responsibility for all aspects of cash management, collateral management, oversight, trade life-cycle and serves as the single point of contact for all operations related liquidity inquiries. These functions cover a wide range of clients and a complex product range, which include equities, fixed income, currency and derivatives. The group supports portfolio managers, client relationship managers by providing accurate and timely liquidity information and overseeing all aspects of operational risk & clients counterparty risk across portfolios. This involves extensive interaction with internal and external parties to ensure effective oversight for existing business and also to shape and implement solutions for new clients, products, strategies, and system architecture.

     

     

    BUSINESS UNIT OVERVIEW

     

    Goldman Sachs Asset Management (GSAM) is the investment management arm providing global investment opportunities to a substantial and diversified client base including institutions, governments and high net worth individuals. GSAM has become one of the pre-eminent investment management organisations globally, with responsibility for over $800bn assets under management.

    RESPONSIBILITIES AND QUALIFICATIONS

    JOB SUMMARY AND RESPONSBILITIES

    • Holistic ownership and understanding of client accounts from a GSAM Operations perspective, trade life-cycle and act as a single point of contact for GSAM business for any liquidity related issues.
    • Ensure accounting data accuracy and provide accounting policy oversight in order to create controlled environment for investment management process.
    • Daily cash forecasting in multi-currency portfolios to include overdraft monitoring and fund liquidity reporting.
    • Trading desk support to include ad-hoc queries as well as ongoing business initiatives.
    • Manage collateral and counterparty exposures across multiple product classes and various regulations
    • Build relationships with outside financial institutions (brokers, custodians, prime brokers and fund administrators) to improve the quality and productivity of work by integrating best practices as appropriate
    • Liaise with traders and brokers to ensure efficient settlement of trading activity
    • Partner and liaise with client relationship team and client implementation team to qualify new business, implement account events, and ensure the adequacy of account structures and surveillance.
    • Proactively review indicators of operational issues/concerns with the goal of resolving such issues before client impact.
    • Review account level metrics (i.e. reconciling items on cash/position reconciliations, failing trades, etc.) as defined by operating standards and research, escalate, remediate exceptions as appropriate.
    • Providing effective thought leadership in navigating evolving financial regulatory landscape and helping to develop technological solutions to build appropriate architecture.
    • Scalability analysis of workflow cost drivers and trends to help drive process improvements and efficiency, budgeting and cost allocation to various revenue producing desks.

     

    BASIC QUALIFICATIONS

    • Proficient in Microsoft Office, specifically Word, Excel, and PowerPoint\
    • Bachelor’s degree required
    • Be highly collaborative, team-oriented and strong consensus builder
    • Demonstrate strong communication and interpersonal skills both written and oral

     

     PREFERRED QUALIFICATIONS

    • Previous experience in Operations and/or Financial Services industry
    • Knowledge of Collateral or Treasury operations
    • Demonstrate ability to partner across product groups, regions and functional responsibilities
    • Be a strategic thinker, possesses strong facilitation and data gathering skills
    • Attention to detail and ability to work to tight deadlines under pressure and to provide practical solutions
    • Risk management focus

    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.