GBM - Public Dept-London-Associate-Matching, Shaping, Allocation

Goldman Sachs; Greater London; On-site; GBP 90,000 - 130,000; Full time

Job summary

Goldman Sachs in London seeks a professional to join the Equity Synthetic Client Middle Office to support the SPG Trading Desk and its clients. You will work to manage risk, allocate synthetic trades, and respond to client inquiries, ensuring accurate daily trading activities across the desk.

The role requires strong communication and teamwork across London and global teams, with a proactive approach to process improvements in a fast-paced environment within Prime Services.

Qualifications

• Experience in a fast-paced client service/operational role.
• Strong teamwork across locations (London and globally).
• Excellent communication and interpersonal skills.
• Ability to thrive under pressure.

Responsibilities

• Actively manage risk & P&L for all client’s equity derivative trading accounts.
• Trade management – timely allocation of synthetic trades & hedges across flows; resolve economic breaks.
• Query management – handle queries from clients, custodians, PB, sales, trading desks & internal clients.
• Reconciliation – trade and risk reconciliation and related control tasks.
• Identify areas for improvement in processes.
• Document procedures and process flows to enhance controls.
• Daily review of control reports to ensure accurate trade bookings and risk.
• Liaise with other GS teams to resolve queries.

Skills

Client service

Team collaboration

Communication

Under pressure

Job description

GBM - Public Dept-London-Associate-Matching, Shaping, Allocation location_on London, Greater London, England, United Kingdom

Equity Synthetic Client Ops - Duties

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 passionate about risk management, client service and equities markets? Do you enjoy working in a dynamic and fast paced team? We’re looking for a professional to join our Synthetic Client Middle Office who wants to use their skills to partner with the Securities Division and facilitate the growth of the Equities Prime Businesses.

OUR IMPACT

Prime Services in Europe provides front to back post-execution support to all equity based derivative activity for the Synthetic Products Group (SPG). The Middle Office function is a smaller area within the wider department and has critical focus on front office day to day risk and trading issues, client queries, corporate actions processing and strategic firm and business infrastructure projects.

HOW YOU WILL FULFILL YOUR POTENTIAL

The role will give you an opportunity to work in one of the fastest growing team in Operations. The Synthetic Client Middle Office primary responsibility is to support the SPG Trading Desk and its clients. The Trading Desk manage inventory across firm positions and provide pricing on synthetics and risk manage the trading books. The client base for SPG is made up of large institutions and hedge funds clients and the Middle Office team works closely with the Trading Desk and the Prime Brokerage Client Reps in making sure our clients’ needs are met.

Skills

RESPONSIBILITIES

• Actively manage risk & P&L for all client’s equity derivative trading accounts
• Trade management – timely allocation of a high number of synthetic trades & associated hedges across several flows & resolution of any resulting economic breaks
• Query management – efficient handling of incoming queries from clients, custodians, PB, sales, trading desks & other internal clients
• Reconciliation – trade reconciliation, risk reconciliation and completion of tasks associated with control around the business
• Identification of areas for improvement in processes
• Documentation of procedures and process flows to help enhance our controls around the business
• Daily review of control reports to ensure all trade bookings and risk management is accurate
• Liaising with other teams within GS to ensure timely resolution of queries

BASIC QUALIFICATIONS

• Excellent client service skills with experience gained within a fast paced Client Service/ Operational role
• Strong Team-working skills – for working with both internal departments in London and globally
• Excellent communication and interpersonal skills
• Ability to thrive under pressure

Healthcare & Medical Insurance

We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.

We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.

Financial Wellness & Retirement

We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.

Health Services

We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.

Fitness

To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).

Child Care & Family Care

We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.

Benefits at Goldman Sachs

Read more about the full suite of class-leading benefits our firm has to offer.