Goldman Sachs

Global Banking & Markets-Synthetics Confirmations Ops-Analyst-Bengaluru

Goldman Sachs  •  Bengaluru, IN (Onsite)  •  4 hours ago
Apply
AI can make mistakes so check important info. Chat history is never stored.

Job Description

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

We promote continuous learning by way of cross training and business engagement across the stack of functions in EQ product class. Your role will involve active partnership with the sales, trading, credit, legal and other operations teams which will be key to effectively manage the risk and business / client expectations for the trades we support. In addition to the responsibilities assigned to you, you will be encouraged to contribute ideas towards enhancement and streamlining the activities. You will also manage the team and will be role model for the people you are managing hence leading by example will be crucial for success in the role.

OUR IMPACT

The EQ Operations team manages Equities related trade confirmations and settlements work-flow. The team is responsible for ensuring all Equities OTC derivative deals are confirmed in a timely manner and settled. Partnership with multiple groups are key to effective risk management – teams ensure discrepancies are investigated and resolved by leveraging internal sales/trading , technology, legal, Middle office teams and external dealer / client backoffice contacts. The individual is required to be dynamic and client service oriented with high focus on risk and control. From an early stage, we develop and expect our people to think creatively and ‘outside the box’, as well as improving the daily process and taking responsibility and ownership for this to happen. The role also requires the ability to seamlessly switch between multiple activities and significant interaction with clients so communication will be a key asset.

JOB SUMMARY AND RESPONSBILITIES

  • Follow up with counterparties on confirmations and settlements for Equity Derivatives transactions persistently until they have fully settled
  • Co-ordinate with internal teams to ensure exceptions (trade breaks and discrepancies) are resolved
  • Sound knowledge of basic accounting concepts (Ledgers/statements)
  • Performed pos trade activities in their previous roles
  • Experience in handling swift messages (202/103/199/299)
  • Become subject matter expert in the process
  • Propose process improvement efficiencies
  • Identify risks and share control ideas
  • Be first point of contact for analysts in overseeing their daily functions and promptly report issues or concerns to team managers (VPs).

PREFERRED SKILLS:

  • Bachelor's degree
  • Ability to adapt to new changes and new challenges
  • Use best judgment to prioritize work flows and ensure deadlines are met
  • Ability to forge strong relationships with colleagues and internal clients
  • Team oriented and ability to lead a team of analysts with varying degrees of experience
  • Excellent written and verbal communication skills
  • Proactive, self-motivated
  • Prudent in escalating potential risk to the Firm
Goldman Sachs

About Goldman Sachs

We aspire to be the world’s most exceptional financial institution, united by our shared values of partnership, client service, integrity, and excellence.

Operating at the center of capital markets, we act as one firm, mobilizing our people, capital, and ideas to deliver superior results across our clients’ most complex challenges.

For 156 years, Goldman Sachs has delivered world-class execution on a global scale across our leading Global Banking & Markets and Asset & Wealth Management businesses.

Apprenticeship is central to our culture, with hands-on coaching and access to leaders who bring decades of experience and expertise. With office locations around the world, we offer a broad range of career opportunities to those who insist on excellence and thrive on performance.

Find our Social Media Disclosures here: gs.com/social-media-disclosures

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
New York, New York
Year Founded
Unknown
Social Media