Global Market& Banking Operations -Security Lending Ops -Associate -Hyderabad Hyderabad · India · Associate

Marcus; Hyderabad; On-site; INR 1,200,000 - 2,000,000; Full time

Job summary

Goldman Sachs is seeking an Associate for Securities Lending Operations in Hyderabad. The role involves supporting collateral management, settlement, billing, and trade support across global markets. You will collaborate with Business, Engineering and Credit teams to deliver high-quality service.

The position emphasizes risk management, process controls, and driving operational improvements in a fast-paced environment within the Global Banking & Markets Operations unit.

Qualifications

• Bachelor's degree with minimal 4 years of experience in financial services.
• Strong analytical and problem-solving abilities with attention to detail.
• Able to build relationships and communicate complex issues to diverse clients.

Responsibilities

• Develop and maintain strong relationships with stakeholders – Business, Engineering, Operations and Credit.
• Deliver transactions within SLA’s while improving processing quality and reducing errors.
• Proactively manage operational risk inherent in the business.
• Ensure controls to manage non-generic business and monitor recalls/loans.

Skills

Analytical skills

Problem solving

Relationship building

Communication

Written communication

Presentations

Integrity

Self-motivation

Enthusiasm

Education

Bachelor's degree

Tools

Equilend

Pirum

Global One

Excel / Office Suite

Job description

Global Market& Banking Operations -Security Lending Ops -Associate -Hyderabad location_on Hyderabad, Telangana, India

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 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 are looking for a professional who wants to use their skills and experience to help deliver on operations agenda while challenging themselves to further their career at Goldman Sachs.

OUR IMPACT

Goldman Sachs is a leading global investment banking, securities and investment management firm that provides a wide range of services worldwide to a substantial and diversified client base that includes corporations, financial institutions, governments and high net-worth individuals. Founded in 1869, it is one of the oldest and largest investment banking firms. The firm is headquartered in New York and maintains offices in London, Bangalore, Frankfurt, Tokyo, Hong Kong and other major financial centers around the world. We are committed to growing our distinctive Culture and upholding our core values which always place our client's interests first. These values are reflected in our Business Principles, which emphasize integrity, commitment to excellence, innovation and teamwork.

BUSINESS UNIT OVERVIEW

Securities Lending Operations provides operational support for the Securities Lending Business covering functions including Collateral Management (Account Management and Agency Lending), Inventory Management (Settlements), Trade Support, Billing and Strategic Projects. We support the business generated in London for our international client base across global markets. Traders execute Borrow and Loan transactions in all major markets, with increasing presence in emerging markets. Upon settlement, trades are collateralized (tri-party & bi-lateral) using a variety of products; Equities, Cash, Bonds, US Treasuries, by Operations. Securities Lending Operations globally is located in London, Salt Lake City, Singapore and Bengaluru. The department’s key priorities are to mitigate risk, provide exceptional client service and drive strategic change.

JOB SUMMARY & RESPONSIBILITIES

Responsibilities will include:

• Developing and maintaining strong relationships with all stakeholders – Business, Engineering, Operations and Credit. Actively engage, partner and drive changes, provide excellent service and support.
• Delivering transactions in agreed time-frames, as per SLA’s whilst improving quality of processing, reducing errors and inculcating the zero error culture.
• Proactively managing operational risk inherent in business.
• Ensuring all operational risk/issues are identified and mitigated appropriately and proactively.
• Ensuring adequate operational controls to manage non generic business
• Monitoring and booking recall requests on GS’ borrows from different Lenders
• Monitoring and booking returns on GS’ loans to external Counterparts
• Monitoring and booking/amending returns on open borrows based on counter-party feedback
• Monitoring and booking returns which get cancelled due to issues with GS/Vendor systems
• Informing the trading desk daily on all borrows which have been recalled but not returned
• Query resolution and interaction with trading desk and Lenders on recall/return requests
• Agreeing to deliver/receive margin based on Stock borrow/loan settlement and mark-to-market activity
• Investigating and resolving discrepancies of positions (cash and securities) in the firm’s books and records.
• Completing and overseeing daily checklist ensuring all controls, procedures and processes relating to the assigned functions are followed
• To act as a change agent solving problems at root cause whilst also taking / making opportunities to automate flows

BASIC QUALIFICATIONS

• Bachelor's degree with a minimum of 4 years of experience in financial services
• Proven analytical skills, problem solving ability, and attention to detail
• Aptitude for building relationships, along with the ability to communicate complex issues to a wide array of internal and external clients with differing levels of product experience
• Excellent written, communication and presentations skills
• Integrity and passion for working in a competitive environment
• Self-
• Enthusiastic and committed individual looking to operate in dynamic working environment

PREFERRED QUALIFICATIONS

• Experience in a securities lending, settlement, trade support, billing or collateral role would be an advantage
• Equities Industry and market knowledge would be an advantage
• Experience of vendor platforms (Equilend/Pirum) would be an advantage
• Experience of Global One system would be an advantage, not essential
• Proficiency using the Microsoft Office Suite, including Excel, PowerPoint and Microsoft Word

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.