Global Banking & Markets, Trade Processing - Structured Sales & Trading Services, Associate, New York

YOUR IMPACT
Structured Sales & Trading Services is looking for a highly motivated individual with excellent teamwork, organizational, technical, communication and risk management skills. The ideal candidate should have a strong interest in financial markets and products and be able to operate effectively in a challenging and fast-paced Middle Office environment, partner with the business and federation in order to facilitate business growth with a key focus on the risk and control around the trade capture, documentation, and settlement of structured financing transactions.

OUR IMPACT
Structured Middle Office sits within the Capital Solutions Group in the Global Markets Division (Private side) and is responsible for supporting the transaction management of various Structured businesses. We partner with a variety of groups across the Global Markets Division and wider Federation globally. The products being traded range in complexity from vanilla OTC derivatives, bonds and loans to the most innovative, structured financing transactions on the market today (whereby elements of these transactions include TRS, Repo, SPVs, CLNs and Mortgages). The team is not only responsible for managing the day to day business but more importantly partnering with the business to facilitate new activities and ensuring we constantly challenge our processes and controls to mitigate risk and increase scalability.

The role provides an excellent opportunity to work in a high-profile team and to contribute to Goldman Sachs by demonstrating excellent leadership, outstanding client service and commercial effectiveness to ensure new business ideas are implemented efficiently and within the global control framework. You will be part of a team that is responsible for driving change within a demanding and complex environment that offers excellent opportunities for motivated and ambitious individuals to contribute to our business and gain exposure to senior managers in all areas of the firm.

HOW YOU WILL FULFILL YOUR POTENTIAL

• Middle Office support for various global Structured Trading and Financing businesses
• Managing operational aspects of structured / financing transactions and communication with internal/external clients.
• Risk mitigation, ensuring client activity is successfully managed post trade execution.
• Subject Matter Expert in Credit Derivatives, Loans, Debt Instruments, Structured Financing transactions and associated operational processes.
• Actively involved with idea generation and implementation of creating quality solutions within the team to support new client and business activity and regulatory adherence.
• Work with Trading/Sales and key Federation stakeholders on executing new business and maintaining the existing portfolio of trades
• Provide Lifecycle Support and guidance to Trading Desks, Sales and Clients. This role will involve a large amount of facilitation and negotiation with global teams across all divisions.
• Work closely with other team members and management to achieve both industry set and internal targets.
  
  
  
  • Excellent team player, able to work well inside a group and broadly across an organization
    
  
  

SKILLS & EXPERIENCE

BASIC QUALIFICATIONS

• Proven ability to organize and prioritize own workload and drive results
• Familiarity with the firm's risk and control framework
• Ability to multitask and work in high pressure environment.
• Strong written and verbal communication skills; demonstrated confidence in communicating in a variety of forums and with varied audiences, including: formal presentations, training sessions, larger meeting venues, and with external/internal clients
• Proven ability to work effectively in a team environment; able to work independently and as a self-starter, as appropriate
• Technical Skills - demonstrates strong technical skills, pays attention to detail, takes initiative to broaden his/her knowledge and demonstrates appropriate financial/analytical skills.
• Drive and Motivation - successfully handles multiple tasks, takes initiative to improve his/her own performance, works towards challenging goals and persists in the face of obstacles.
  
  
  
  • Prior experience in Banking or similar environment
    
  
  

PREFERRED QUALIFICATIONS

• Operational knowledge of Bonds, Loans, Mortgages, Total Return Swaps and Structured bonds/notes will be highly beneficial
• Understanding of the derivatives industry
• Competency with MS Suite, especially Excel, and the ability to learn multiple programs quickly
  

Education

• BA or BS degree is required; concentration in finance a plus