Asset Management - Trade Management - Associate - London

Employer
Goldman Sachs
Location
London, United Kingdom
Salary
Competitive Salary
Posted
May 02, 2021
Closes
Jun 13, 2021
Ref
1986868882
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Level of qualification
CIMA, Newly qualified, Qualified
MORE ABOUT THIS JOB
We are open to considering requests for flexible working

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.

RESPONSIBILITIES AND QUALIFICATIONS
The Liquidity Management(LM) team sits within Trade Management operations which has primary responsibility for all aspects of cash management & collateral management, serving as the single point of contact for all operations related liquidity inquiries across GSAM. 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 counter-party risk across portfolios.
The candidate is expected to be the BAU contact for the different desks & counterparties including processing & oversight of all cash & collateral functions each day, while delivering on strategic transformation initiatives.

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.

OUR IMPACT

The Liquidity Management(LM) team sits within Trade Management operations which has primary responsibility for all aspects of cash management, collateral management, post-trade guideline oversight, trade life-cycle and serves as the single point of contact for all operations related liquidity inquiries across GSAM. 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 counter-party 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.

HOW YOU WILL FULFILL YOUR POTENTIAL


• 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

• 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 counter-party 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. Execution on strategic risk, efficiency & business enablement initiatives.

• Pro-actively 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

SKILLS & EXPERIENCE WE ARE LOOKING FOR

BASIC QUALIFICATIONS


• Bachelors Degree

• Minimum of 3.5 year of professional experience

• 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
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

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