Operations - AMD Operations - GSAM Ops - Client Control & Services- Portfolio Control Custody Rec- Associate - Bengaluru

Location(s) IN-Bengaluru
Job ID
2021-78520
Schedule Type
Full Time
Level
Associate
Function(s)
Operations
Region
India
Division
Operations
Business Unit
GSAM Ops
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 expand your understanding of financial products and be well versed on the life cycle of a trade? Our Trade Management team is seeking a professional who is looking to collaborate with traders, portfolio managers and external counterparties to ensure all trades are communicated, confirmed, and settled to safeguard our clients and funds.

 

OUR IMPACT

 

Goldman Sachs Asset Management (GSAM) is the investment management arm of the firm. As a leading player in the asset management world, GSAM makes pioneering industry improvements a priority across all of its sectors. The Trade Management team has primary responsibility of mitigating risk throughout all aspects of trade flow, settlement, and collateral management.

RESPONSIBILITIES AND QUALIFICATIONS

JOB SUMMARY & RESPONSIBILITIES

  • Processing, controlling, confirming and settling the firm’s and client’s transactions to a high quality standard as well as internally generated transactions necessary to conduct business.
  • Obtaining sound understanding of a wide range of financial products and markets as well as broad knowledge of our systems, with emphasis on life cycle, market practices and regulations.
  • Responding promptly to client and counterparty inquiries, committing to deliverables as well as undertaking ad hoc investigation and analysis, where this is appropriate.
  • Complying with internal controls, policies, procedures and appropriately escalating issues to senior management.
  • Process analysis and contributing to the development of the methods to improve processes and in turn increase efficiency and scalability.
  • Core Reconciliations Functions include the following:
    • Daily Cash & Position Reconciliation with custodians & Prime Brokers.
    • Daily Price/Position/Total Equity reconciliation for Futures and OTC derivatives products.
    • Daily/Monthly Portfolio Market Value reconciliation with Fund administrators.
  • Problem solving capability for complex trade flows, accounting issues and trade discrepancies
  • Building relationships with external financial institutions (brokers, clearing houses, prime broker, custodians and fund administrator) to improve quality and productivity of work, integrating best practices as appropriate.
  • Enhance workflows to ad-here to all regulatory requirements
  • Maintain team procedures and provide regular management reporting to senior Operations managers 

BASIC QUALIFICATIONS

  • Bachelor’s degree with 3-6 years of professional experience.
  • Knowledge of financial products, reconciliation function whether academically or professionally acquired.
  • Strong communication skills both verbal and written.
  • Demonstrate willingness to deep dive into an issue or problem to establish and address root cause. Attention to detail and interest in problem solving.
  • Proven ability to effectively manage competing priorities and to work well under pressure in a team environment.
  • Demonstrate strong team player skills. Effectively collaborate with others both regionally and globally.

SKILLS/EXPERIENCE REQUIRED

  • Work experience in financial services.
  • Comprehension of industry trends and platforms.
  • Positive attitude and eagerness to learn.
  • Lead by example to challenge status quo and look for innovative/creative ways to improve current processes and procedures

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