Collateral & Margin Operations Associate

Marcus; Salt Lake City (UT); On-site; USD 90,000 - 140,000; Full time

Job summary

Goldman Sachs is actively seeking an Associate in Salt Lake City to support Collateral and Margin Operations. You will protect the firm by managing counterparty risk, oversee daily margin activity, and resolve issues across client portfolios.

You will analyze information to ensure accurate collateral movements and build scalable processes with stakeholders across Credit Risk Management, Legal, Compliance, Sales, Trading, and Operations. This role offers growth in a global financial services firm.

Qualifications

• Bachelor’s degree in Financial Risk Management, Business Administration, Finance, Accounting, Engineering, or related field.
• 3–5 years of experience in an operational role within financial services or similar risk, margin, collateral, or transaction-processing responsibilities.
• Strong analytical and problem-solving skills with the ability to investigate discrepancies and drive issues to resolution.
• Ability to manage multiple priorities and execute accurately in a deadline-driven environment.
• Strong written and verbal communication across different functions.

Responsibilities

• Monitor client portfolios and issue or respond to collateral calls to help mitigate the firm’s counterparty credit risk.
• Perform margin calculations, investigate exceptions, and complete collateral settlement approval processing.
• Calculate Standard Initial Margin Model, or SIMM, requirements and support associated margin processes.
• Engage directly with clients to resolve collateral disputes, respond to inquiries, and support the onboarding of new client relationships.
• Partner with Credit, Sales, Trading, Legal, Compliance, Middle Office, Front Office, Settlements, Corporate Treasury, and other Operations teams to resolve collateral-related issues.
• Reconcile portfolios, investigate differences, and support collateral optimization activities.
• Complete monthly interest and coupon settlements accurately and within required deadlines.
• Perform control activities that support the integrity, accuracy, and effectiveness of the team’s processes.
• Manage intercompany margining activities, including net present value control validation and the application of relevant margin requirements across Goldman Sachs legal entities and jurisdictions.
• Identify process inefficiencies, control gaps, and opportunities for improvement, and develop practical recommendations that enhance scalability, reduce risk, or improve the client experience.
• Analyze complex issues, prioritize competing responsibilities, and escal
• Build trusted working relationships with clients and internal stakeholders through clear communication, strong judgment, and consistent execution.
• Contribute to a collaborative team environment by sharing knowledge, supporting colleagues, and helping deliver against broader team objectives.

Skills

Analytical skills

Problem solving

Multitasking

Communication skills

Attention to detail

Team collaboration

Education

Bachelor’s degree in Financial Risk Management, Business Administration, Finance, Accounting, Engineering, or related field

Job description

Goldman Sachs is actively seeking an Associate in Salt Lake City to support Collateral and Margin Operations. You will protect the firm by managing counterparty risk, oversee daily margin activity, and resolve issues across client portfolios.

You will analyze information to ensure accurate collateral movements and build scalable processes with stakeholders across Credit Risk Management, Legal, Compliance, Sales, Trading, and Operations. This role offers growth in a global financial services firm.