Trade Processing

Goldman Sachs Bank AG; Hinoba-an; On-site; PHP 1,000,000 - 1,400,000; Full time

Benefits offered by this job

Healthcare Insurance

Vacation Policy

Financial Wellness

Employee Assistance

Job summary

Goldman Sachs Bank AG is seeking a proactive Operations professional within Global Banking & Markets. The role focuses on ensuring accuracy of derivative bookings, resolving front-office discrepancies, and working with Trading, Sales and Tech to fix production issues.

You will contribute to risk controls and process improvements while supporting timely, cost-effective outcomes across the FICC Operations team.

Qualifications

• Demonstrated attention to detail in previous role on an ongoing basis.
• Experience in understanding and breaking down complex structured products would be a big plus.
• Team player with a collaborative style and strong interpersonal skills.
• Effectively handle difficult requests, build long-term relationships with the business and be able to manage expectations.
• Strong written and verbal communication skills with ability to be clear and concise.
• Self-starter who thinks ahead, anticipates questions, finds alternative solutions and identifies clear objectives.
• Able to successfully multi-task, work towards extremely challenging goals and persist in the face of obstacles.
• Able to adapt to changes and new challenges.
• Strong analytical and organizational skills, critical thinking, and an ability to suggest improvements and identify risks.
• Service orientation, sense of urgency, ability to manage internal clients’ expectations and professionalism.

Responsibilities

• Develop a deep knowledge of derivative transactions
• Find and resolve booking discrepancies across complex derivative businesses
• Daily interaction with Trading & Sales to ensure discrepancies are resolved immediately
• Engage with front office and technology to help facilitate the resolution of technical production issues
• Manage, monitor and investigate reporting breaks and process failures; identify and implement corrective actions
• Ensure that processes are continually reviewed and improved, risk is managed, and results are achieved that meet expectations for timeliness, quality and cost effectiveness within the department

Skills

Attention to detail

Interpersonal skills

Team player

Communication skills

Analytical thinking

Problem solving

Adaptability

Multi-tasking

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 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.

FICC Operations Team is responsible for ensuring the integrity and accuracy of risk undertaken by the FICC Business across the world. Team works very closely with Sales and Trading teams to facilitate all aspects of Operational Risk and Control Framework. The functions involve:

• Matching & settlement of all trades – Vanilla & complex
• Facilitating new business & transformation initiatives
• Confirming economic and legal terms of trades with clients electronically and on paper

YOUR IMPACT

We are looking for a professional and dynamic individual with a strong interest in Global banking & market operations The ideal candidate would be able to excel in a high-profile and fast paced team whose primary responsibilities include (i) partnering with the Sales and Trading Desks to ensure the integrity and accuracy of risks undertaken by such businesses, as well as (ii) driving and implementing change to ensure we are optimally managing and monitoring risks, in an increasingly demanding and complex regulatory environment.

JOB SUMMARY & RESPONSIBILITIES

• Develop a deep knowledge of derivative transactions
• Find and resolve booking discrepancies across complex derivative businesses
• Daily interaction with Trading & Sales to ensure discrepancies are resolved immediately
• Engage with front office and technology to help facilitate the resolution of technical production issues
• Manage, monitor and investigate reporting breaks and process failures; identify and implement corrective actions
• Ensure that processes are continually reviewed and improved, risk is managed, and results are achieved that meet expectations for timeliness, quality and cost effectiveness within the department

PREFFERED QUALIFICATIONS

• Demonstrated attention to detail in previous role on an ongoing basis
• Experience in understanding and breaking down complex structured products would be a big plus
• Team player with a collaborative style and strong interpersonal skills
• Effectively handle difficult requests, build long-term relationships with the business and be able to manage expectations
• Strong written and verbal communication skills with ability to be clear and concise
• Self-starter who thinks ahead, anticipates questions, finds alternative solutions and identifies clear objectives
• Able to successfully multi-task, work towards extremely challenging goals and persist in the face of obstacles
• Able to adapt to changes and new challenges
• Strong analytical and organizational skills, critical thinking, and an ability to suggest improvements and identify risks
• Service orientation, sense of urgency, ability to manage internal clients’ expectations and professionalism

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.

Goldman Sachs is an equal employment/affirmative action employer

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.