At Goldman Sachs, we connect people, capital and ideas to help solve problems for our clients. We are a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. For us, it’s all about bringing together people who are curious, collaborative and have the drive to make things possible for our clients and communities.
BUSINESS UNIT OVERVIEW
Securities Settlements Operations provides operational support for multiple businesses including (but not limited to) Trading, Sales, Investment Banking, Private Wealth, etc. covering functions including Inventory & Liquidity Management, Settlements, Exception management and Reporting, and Strategic Projects. We support our international client base across global markets.
Traders & Clients execute Buy & Sell transactions in all major markets, with increasing presence within emerging markets. Upon Settlement Date, trades need to be matched and inventory made available to ensure successful exchange of securities and cash.
Securities Settlements Operations globally is located in London, Dallas, Salt Lake City, Singapore and Bangaluru. The department’s key priorities are to mitigate risk, provide exceptional client service and drive strategic change.
RESPONSIBILITIES
The position available is within the Securities Settlements Operations team. Key stakeholders and interactions will be with GS Trading and Sales Desks, Engineering and Operations Teams, Treasury, Legal, Compliance and external counterparties.
Your responsibilities will include:
Developing and maintaining strong relationships with all stakeholders – Business, Engineering, Operations and Treasury. Actively engage, partner and drive changes, provide excellent service and support.
Ensuring transactions are delivered in a timely manner (in line with SLAs).
Monitoring Key Risk Indicators and ensuring they are at or below agreed levels
Proactively managing operational risk inherent in business.
Ensuring all operational risk/issues are identified and mitigated appropriately and proactively.
Ensuring adequate operational controls to manage non generic business.
Completing and overseeing daily checklist ensuring all controls, procedures and processes relating to the assigned functions are followed
To act as a change agent solving problems at root cause whilst also taking / making opportunities to automate flows
Consistently striving to identify opportunities to reduce risk, manual processing, improving client experience and being commercially effective
Securities Settlements Operations has the benefit of being located in the nucleus of an investment bank so the exposure and interaction that the successful candidate will gain will be vast. The successful hire will interface with global teams across divisions. The successful candidate will be expected to act as a change agent, by improving processes and procedures and contribute meaningfully to the overall strategy of the organization.
In depth on the job training will be provided, backed up with on-going support and oversight as the candidate will be responsible for an important function within the team. The role is ideal for a candidate who wants experience of a variety of Securities Settlements functions.
SKILLS / EXPERIENCE
We are looking for an enthusiastic and committed individual who is looking to operate in a dynamic working environment where communication and teamwork skills are essential.
Exceptional client service and relationship building are required to interact with our clients and the team.
The candidate should have a control focus and be achievement orientated to produce results to ensure that all risk is mitigated.
Relevant Industry work experience preferred, but not required
Basic knowledge of equities and fixed income markets
ABOUT GOLDMAN SACHS
At Goldman Sachs, we commit our people, capital and…