Corporate Treasury - Collateral Management-Analyst-Warsaw

Goldman Sachs Bank AG; Warszawa; On-site; PLN 149,000 - 213,000; Full time

Job summary

A leading investment banking firm is seeking a Collateral Management Analyst for their Warsaw team. The role involves managing collateral for operational needs and requires strong analytical skills and up to 2 years of experience. Candidates should possess a relevant degree in finance or economics. The position offers a dynamic work environment and opportunities for professional growth.

Benefits

Healthcare & Medical Insurance

Competitive vacation policies

Financial Wellness & Retirement support

Fitness center access

Child care resources

Qualifications

• 0-2 years of industry experience in an operational role.
• Strong understanding of collateral management and liquidity concepts.
• Ability to analyze and recommend improvements in financial processes.

Responsibilities

• Execute daily collateral functions in the EMEA region.
• Control and oversee triparty trade allocations.
• Review and coordinate collateral agreements and profiles.

Skills

Analytical skills

Collaboration

Attention to detail

Education

University degree in Finance, Economics, or related field

Job description

Overview

Corporate Treasury - Collateral Management-Analyst-Warsaw location_on Warsaw, Mazowieckie, Poland

Job Summary

Corporate Treasury Operations manages the operational elements for daily collateral management, funding and liquidity of the firm, oversees the firm's payment and securities management strategy and overall cash and collateral flows and positions.

The role of the Collateral Management team is to partner with other Corporate Treasury pillars and the Global Banking and Markets Division (GBM) to maintain the daily funding and liquidity of the firm. Treasury Collateral Management is primarily responsible for the management of securities inventory and liquidity. The team directs sources of collateral to the appropriate uses to optimize firm resources, and therefore minimize interest expense, in line with risk limits and governance controls. Team functions include the review and approval of collateral agreements, allocation of securities to internal and external requirements, optimization and monitoring encumbrance of collateral balances, settlement of secured funding trades at tri-party custodians and central governance over the collateral management process.

The Collateral Management team is also running a cross-divisional, multi-year program to implement strategic architecture to centralize optimization of securities for inventory management, secured funding and exchange margin requirements. The Collateral Management team works closely with all teams across Corporate Treasury, GBM Operations, GSS/Equities Prime Services, Short Term Interest Rates and Engineering.

Responsibilities

The opportunity is for an Operations professional with 0-2 years industry experience to join the Warsaw Collateral Management team in the Corporate Treasury Division to execute daily collateral functions in the EMEA region. The successful candidate will also be responsible for review and coordinating approval for ISDA/GMRA and triparty collateral profiles to minimize impact to Firm liquidity. The job will include day to day partnership with multiple internal teams in Corporate Treasury Division, GBM, Risk and Engineering division.

Daily activities include:

• Optimising use of firm inventory for Fixed Income & Equity collateral and funding for firm short cover purposes, including intercompany funding.
• Control and oversight of the firmâs triparty trade allocations, credit lines and other liquidity buffers.
• Review of collateral agreements and triparty collateral profiles
• Monitoring and explanation of unencumbered securities balances in daily reporting
• Review and coordination of Corporate Treasury approval for ISDA/GMRA negotiation
• Contribution on collateral projects including the rollout of the securities optimization architecture

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.

Weâre 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

Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.

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.