• Securities Division Operations, Portfolio Services Operations - Fees and Commissions, Associate, Singapore

    Location(s) SG-Singapore
    Job ID
    2019-58037
    Schedule Type
    Full Time
    Level
    Associate
    Function(s)
    Operations
    Region
    Asia Except Japan
    Division
    Operations
    Business Unit
    Fees and Commissions
    Employment Type
    Employee
  • MORE ABOUT THIS JOB

    YOUR IMPACT

    Are you looking to for an opportunity to be part of a team that works directly with exchanges, finance teams, technology teams, and other business partners to solve complex problems and influence change? Fees and Commission Operations is seeking a professional who is looking for an opportunity to apply their financial and risk management skills and contribute to process improvement projects.

     

    OUR IMPACT

    Operations is a dynamic, multi-faceted division that partners with all parts of the firm to deliver banking, sales and trading, and asset management capabilities to clients around the world. In addition, Operations provides essential risk management and control to preserve and enhance the firm’s assets and its reputation. For every trade agreed, every new product launched or market entered, every transaction completed, it is Operations that develops the processes and controls that makes business flow.

     

    From locations around the globe we support our global Securities and Futures business by ensuring that our client and firm’s clearing, exchange and regulatory fees are accurately managed. The accurate management of these fees is critical to the profitability of our organization.

     

    In order to ensure the validation, allocation and business support responsibilities for this process are handled in a professional manner we employ a suite of skills including but not limited to: technical skills – business analytic and system automation abilities; interpersonal skills – explaining complex items in a simple manner; and risk management – data analysis to control risks impacting client and firm P&L.

     

    If you are looking for a team that is one of the fastest growing within Operations and are continually looking to expand our presence, business intelligence, and knowledge depth across the globe FCO is for you.

     

    Your role would include:

    • Understanding of scope of vendors, charge type, region and product types
    • Ensuring the business understands how our clearing and exchange fee details are calculated and recorded across our business lines
    • Learn about the products we clear and trade to understand how our function impacts the business’s client base
    • As you are located with our Business in Asia you will be the main point of contact for our Asian Business colleagues
    • Maintaining and helping to develop enhanced control infrastructures using the latest data mining techniques and business intelligence tools available
    • Capture business benefits, ensure solutions will deliver the benefits and track the delivery of those benefits to the department.
    • Initiatives and project management across sponsors and stakeholders with competing priorities, resourcing levels and time constraints

    RESPONSIBILITIES AND QUALIFICATIONS

    HOW YOU WILL FULFILL YOUR POTENTIAL

    • Enhance and improve our processes and functions by developing a deeper understanding of the function and becoming a technical expert
    • Collaborate with our technology and business partners as well as external contacts to improve strategic process workflows
    • Provide timely client or business query support
    • Help build out the team, ensuring that we use best practice in what we do at all times
    • Use your inquisitive mindset to identify control weaknesses and recommend robust solutions

     

    SKILLS AND EXPERIENCE WE’RE LOOKING FOR

    • Bachelor’s degree
    • 3 - 4 years’ experience in banking, accounting, financial services or related fields
    • Self-motivated and proactive team player who takes ownership and demonstrates accountability, has strong organizational skills as well as the ability to effectively manage competing priorities.
    • Proactive, enthusiastic approach with very high attention to detail
    • Highly collaborative, flexible, and team-focused with ability to interact effectively with a wide range of stakeholders
    • Effective problem solving and critical thinking skills along with the ability to use discretion and good judgment
    • Excellent Client Service skills with ability to communicate complex issues to individuals with varying levels of product expertise
    • Competency with MS Suite, especially Excel and the ability to learn multiple programs quickly

    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.