Job Description

GLOBAL BANKING & MARKETS

We make markets in and clear client transactions on major stock, options and futures exchanges worldwide. Through our global sales force, we maintain relationships with our clients, receiving orders and distributing investment research, trading ideas, market information and analysis.

OPERATIONS

Operations is a dynamic, multi-faceted segment that partners with all parts of the firm to deliver banking, sales and trading and asset management capabilities to clients around the world. In addition, Operations provides essential risk management and control to preserve and enhance the firm’s assets and its reputation. For every trade agreed, every new product launched, or market entered, every transaction completed, it is Operations that develops the processes and controls that makes business flow.

YOUR IMPACT

Are you looking to join a dynamic and fast paced team, applying your analytical and problem solving skills for maximum impact, whilst deepening your knowledge of Equity Derivatives? Synthetics Risk Middle Office is seeking a professional who is looking to partner with our business and other internal and external stakeholders to provide market leading business enablement and risk and control services.

OUR IMPACT

Our team of critical thinkers partners with groups in all areas of the firm to perform financial analytics, reporting, data analytics and engineering. Our division also provides critical operations design and handles capital markets operations to ensure business flows smoothly across our global offices. From day one, team members play a vital role in upholding the three Operations principles of client focus, process innovation, and risk management.

BUSINESS UNIT OVERVIEW

SPG Synthetic Middle Office provides front to back post-execution support to all equities based swap derivative activity in Europe. The Middle Office team has critical focus on front office day to day risk and trading surveillance, trade capture, reconciliations, queries, ledger integrity and strategic firm and business infrastructure projects.

Middle Office acts as first point of contact for the various Equities Trading desks, assisting in the execution & lifecycle of new hedging activity, both internally and externally. Clients execute trades across a range of product products e.g. OTC/Synthetic & Listed stocks or futures and it is Middle Office’s responsibility to ensure hedge positions are booked and maintained correctly in our risk systems. There is a strong emphasis on knowledge and expertise which requires that all team members are fully versed in products and systems used as well as the processes and procedures that must be followed when performing day to day tasks.

AND RESPONSIBILITIES

• Prepare to gain a comprehensive understanding of the operational process lifecycle by interacting with internal and external stakeholders including clients, trading desks, brokers, Sales,Engineering and other federation teams in order to work toward the shared goal of business enablement and risk mitigation
• Partner with a team of product experts to review all operational aspects of the trade flow while gaining strong technical knowledge, risk control and commercial awareness
• Use your inquisitive mind set to identify efficiency opportunities with respect to process flow methodology as well as enhance scalability
• Leverage your quantitative skills to decompose complex regulatory and operational process requirement, and propose creative, robust solutions
• Oversight & ownership of the full front to back operational flow ensuring that seamless execution of trades, new business and flow enhancements

BASIC QUALIFICATIONS

• 1-2 years’ experience working in a Trade Processing team supporting an Equities business
• Ability to demonstrate an understanding of a range of Equity Derivative products, as well as Cash Securities and Listed Derivatives
• Strong Teamwork skills – for working with both internal departments in EMEA and globally
• Track record in the development of client relationships and key stakeholders, both internally and externally
• Ability to gain a strong understanding of the business and work with Confirmations, Settlements, Trading and Sales desks
• Excellent communication and interpersonal skills; ability to provide succinct updates to internal Trading/Sales people
• Ability to thrive under pressure without compromising risk standards
• Strong leadership skills essential – this role will require a self-starter who can manage competing deadlines and can prioritise appropriately

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., 2024. All rights reserved.

Goldman Sachs is an equal employment/affirmative action employer