Operations - GSAM Operations - Trade Management - Analyst - Salt Lake City

  • Competitive
  • Salt Lake City, UT, USA
  • Permanent, Full time
  • Goldman Sachs USA
  • 21 Mar 19

Operations - GSAM Operations - Trade Management - Analyst - Salt Lake City

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.
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. GSAM Operations consists of three broad functional areas: Trade Management, Portfolio Data & Control, and Client Management.
The Trade Management team has primary responsibility of mitigating risk throughout all aspects of trade flow, settlement, and collateral management. By building deep relationships with the trading desks, technology, brokers, and clients, Trade Management oversees the existing business and implements solutions for new products, strategies, and systems. Active change requires active leadership; Trade Management prioritizes innovation in order to craft the future asset management landscape.

RESPONSIBILITIES AND QUALIFICATIONS HOW YOU WILL FULFILL YOUR POTENTIAL

  • Supporting traders and portfolio managers across various asset management businesses
  • Trade & payment confirmation / instruction
  • Monitor daily reconciliations between various trading systems
  • Interface with the Trading and brokers to resolve day to day issues and ensure efficient settlement of trading activity
  • Problem solving capability for complex trade flow, accounting issues and trade discrepancies
  • Process analysis to improve control, scalability and efficiency
  • Manage collateral across various derivative instruments
  • Building relationships with outside financial institutions (brokers, custodians, prime broker and fund administrator) to improve quality and productivity of work, integrating best practices as appropriate.
  • Providing regular and ad hoc management information on STP rates, risks and volumes
  • Proactively identifying opportunities and enhancements to improve functions
  • Maintain team procedures and provide regular management reporting to senior Operations managers and the business

Basic Qualifications
  • Bachelor's degree
Preferred Qualifications
  • Preference of at least 2 year asset management or middle office experience (experience or solid understanding of OTC derivatives/Mortgages/Mutual Funds/Private Investments/Bank Loan confirmations/settlements or related trade support functions preferred
  • Understanding of industry agenda & platforms (e.g. DTC, ClearPar, SWIFT, FED, Oasys, MBSE, DTCC, Trade Warehouse Swaps wire etc) is a plus
  • Fail trade/payment investigation experiences preferred
  • Experience in broker and/or client facing activities
  • Capability to prioritize and work under pressure in a fast-paced environment
  • Proactive, self motivated individual with high levels of ownership, and driven to achieve
  • Demonstrates ability to independently troubleshoot and resolve most common problems that arise
  • Demonstrates ability to apply re-engineering methodologies to processes and execute solutions
  • Demonstrate ability to identify inter-relationships and understand the broad impacts of work and projects across the organization
  • Possesses excellent communication skills and attention to detail
  • Strong interest in Operations and asset management trade support and/or middle office


ABOUT GOLDMAN SACHS The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

© The Goldman Sachs Group, Inc., 2019. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.