Global Markets Operations - Equities Ops - Confirmations Drafting Group - Analyst - Bengaluru

Location(s) IN-KA-Bengaluru
Job ID
2021-73598
Schedule Type
Full Time
Level
Associate
Function(s)
Operations
Region
India
Division
Operations
Business Unit
Confirmation Drafting Group
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 quantitative skills while deepening your understanding of derivative products? Our Cross Product Confirmation Drafting team is seeking a professional who is looking to collaborate with legal, sales traders and structurers to represent the firm's derivative product legal risk through creation of ISDA documentation of vanilla and structured derivative transactions.

OUR IMPACT

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.

BUSINESS UNIT OVERVIEW

The Cross Product Confirmation Drafting Group is an ISDA OTC Confirmation drafting team for commodity, interest rate, foreign exchange, credit and equity derivatives.  The team are responsible for drafting trade documentation in line with the relevant ISDA Definitions, utilising termsheets and our risk capture system. It is a department which has to continually adapt to and keep pace with changes in the business, markets, technology and the regulatory environment. Partnership with the sales, trading, structuring, legal and middle office teams are key to effectively managing the trades we support. You will be required to be enthusiastic, dynamic, flexible, client service orientated and focused on control, accuracy and maximising efficiency.

RESPONSIBILITIES AND QUALIFICATIONS

JOB SUMMARY AND RESPONSIBILITIES

  • Draft OTC derivative trade confirmations (in commodity, equity, credit or foreign exchange derivatives)
  • Demonstrate technical acumen and accuracy ensuring  confirmations utilise the appropriate ISDA Definitions, Supplements and MCAs
  • Mitigate risk through maintaining accuracy and consistency around termsheets, risk bookings and confirmations
  • Proactively partner with internal groups (sales, trading, compliance) to execute confirmations
  • Design and initiate process improvements with thorough understanding of template architecture
  • Partner with the Legal Department to agree upon appropriate templates for new structures
  • Take responsibility for maintaining timeliness in accordance with market standards and regulatory requirements 

BASIC QUALIFICATIONS

  • Associate position with operations experience, preferably with experience in a derivatives line role
  • Understanding of risk and controls required to support derivative transactions
  • Contributes to the effectiveness of the team by working closely with colleagues by sharing information, skills, and responsibilities
  • Excellent attention to detail and accuracy
  • Effective problem solver
  • Takes actions to ensure that controls are in place and procedures are followed
  • Strong Microsoft Excel skills
  • Skilled at gathering and analyzing quantitative data to guide decision-making
  • Demonstrates strong leadership skills, ability to gather stakeholder support for initiatives across teams and see them through to execution
  • 4 + years of work experience

PREFERRED QUALIFICATIONS

  • Experienced drafting and reviewing structured products or legal documentation
  • Ability to meet multiple deadlines in a trading environment
  • Ability to manage line related projects for efficiency/control improvements
  • Has personal impact and experience to negotiate effectively with other internal groups, including sales/trading/structuring teams 

ABOUT GOLDMAN SACHS

ABOUT GOLDMAN SACHS


At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.

We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.

We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html



© The Goldman Sachs Group, Inc., 2021. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity