Global Banking & Markets, Operations, Securities Settlements/ Stocks Connect - Inventory Manage[...]

Goldman Sachs Bank AG; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A global financial services firm is seeking an individual for their Securities Settlements Operations team in Singapore. The ideal candidate will engage with multiple stakeholders to ensure timely and efficient processing of securities transactions. Responsibilities include managing operational risks, building strong relationships, and providing exceptional client service. Candidates should have operational experience within the securities industry. The role offers competitive benefits and a dynamic work environment.

Benefits

Healthcare & Medical Insurance

Financial Wellness & Retirement

On-site fitness centers

Child Care & Family Care

Qualifications

• Enthusiastic and committed individual for dynamic working environment.
• Exceptional client service and relationship building skills required.
• Minimum 1 year experience in securities settlement or inventory management role.

Responsibilities

• Develop relationships with stakeholders across the firm.
• Ensure timely transaction deliveries as per SLAs.
• Monitor Key Risk Indicators to mitigate operational risks.

Skills

Client service and relationship building

Operational risk management

Problem-solving

Tools

Vendor platforms (Jasdec, JSFC, CCASS)

Job description

ABOUT GOLDMAN SACHS

At Goldman Sachs, we connect people, capital and ideas to help solve problems for our clients. We are a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals

ABOUT OUR ROLES

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.

Securities Settlements Operations provides operational support for multiple businesses including (but not limited to) Trading, Sales, Investment Banking, Private Wealth, etc. covering functions including Inventory & Liquidity Management, Settlements, Exception management and Reporting, and Strategic Projects. We support our international client base across global markets.

Traders & Clients execute Buy & Sell transactions in all major markets, with increasing presence within emerging markets. Upon Settlement Date, trades need to be matched and inventory made available to ensure successful exchange of securities and cash.

Securities Settlements Operations globally is located in London, Dallas, Salt Lake City, Singapore, Tokyo and Bangalore.

The department’s key priorities are to mitigate risk, provide exceptional client service and drive strategic change.

JOB RESPONSIBILITIES

The position available is with the Securities Settlements and Inventory Management Operations team. The reporting line is to the Department Manager.

Key stakeholders and interactions will be with GS Trading and Sales Desks, Engineering and Operations Teams, Credit, Legal, Compliance and external counterparties.

Your 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.
• Ensuring transactions are pre-matched and delivered in a timely manner (in line with SLAs).
• Monitoring Key Risk Indicators and ensuring they are at or below agreed levels
• 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.
• 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
• Consistently striving to identify opportunities to reduce risk, manual processing, improving client experience and being commercially effective

BASIC QUALIFICATIONS

We are looking for an enthusiastic and committed individual who is looking to operate in a dynamic working environment where communication and teamwork skills are essential.

• Exceptional client service and relationship building are required to interact with our clients and the team.
• The candidate should have a control focus and be achievement orientated to produce results to ensure that all risk is mitigated.
• Experience of vendor platforms (Jasdec, JSFC, CCASS) in the daily course of business.

PREFERRED QUALIFICATIONS

• Minimum 1 year work experience in a securities settlement, inventory management, trade support or securities middle office role
• Equities Industry and market knowledge would be an advantage.
• People management or project management would be an advantage.

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 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.

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.