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 for an opportunity to be part of a team that works directly with institutional clients, sales & trading desks, technology and other business partners to offer best in class client service, solve complex problems and influence change? This is a great opportunity for an analytical/client service individual to utilize their professional skills by controlling risks and driving efficiencies in a fast paced environment.
BUSINESS UNIT OVERVIEW
Within FICC Operations, the Fixed Income Sales & Trading Services is a global team with Asian offices in Tokyo and Singapore. The team provides pre and post trade execution services, working closely with the business and other federation teams in all aspects of the operational supply chain. The department’s key priorities are to mitigate risk and provide exceptional client service.
The available position is in the Singapore team, which provides operational support in the Asian time zone to a Asia client base operating in the Global markets. The team also works closely with the Liquidity Management and Settlement Operations group, which is responsible for ensuring that all Fixed Income trades are processed and settled in a timely and efficient manner. The role will also include some Settlement Operations responsibilities.
RESPONSIBILITIES AND QUALIFICATIONS
The role will involve a wide variety of tasks, directly supporting the STIR desk as well as other Operations groups.
The candidate will be responsible for:
- Pre matching urgent trades.
- Support MVP team for collateral management and daily mark to market.
- Following up on urgent enquiries from clients, counterparts, and traders.
- Account maintenance.
- Analyzing and resolving exceptions to maintain the integrity of the firm’s books and records.
- Proactive follow-up and escalation on unmatched and failing trades with Agent Banks, Counterparties, and internal teams.
- Support Liquidity Mgmt. team on managing inventory to maximize settlement rates, increase liquidity and minimize funding costs.
- Ensuring compliance with applicable local and international regulations as well as GS internal policies.
- Protecting client assets in segregated accounts.
- Continually challenging processes to reduce risk and increase scalability through creative solutions.
- The candidate will need to have a strong focus on risk and control.
SKILLS / EXPERIENCE
BASIC QUALIFICATIONS:
- Strong technical knowledge, 1+ years of experience in a Repo, Fixed Income Settlement or Stock lending role.
- Strong communication and teamwork skills. Essential for interacting at all levels, across business disciplines and regions.
- Time management and ability to multi-task in a high-pressure environment.
- Accuracy and attention to detail essential.
- Ability to take ownership for an issue and problem solve, providing clear and concise explanations of findings.
- Self-motivated, inquisitive, and enthusiastic to learn.
- Excellent communication and interpersonal skills.
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., 2023. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
