Collateral & Margin Ops Associate — Global Markets

Goldman Sachs; Salt Lake City (UT); On-site; USD 100,000 - 160,000; Full time

Job summary

Goldman Sachs in Salt Lake City is seeking an Associate within Collateral and Margin Operations to protect the firm by overseeing collateral movements and margin calls across client portfolios.

You will collaborate with Credit, Legal, Compliance and Front Office, perform margin calculations, investigate discrepancies, and help build scalable processes while delivering accurate settlements and strong controls.

Qualifications

• Bachelor's degree in Financial Risk Management, Business Administration, Finance, Accounting, Engineering, or a related field.
• 3–5 years of experience in an operational role within financial services or related risk/margin experience.
• Strong analytical, problem-solving, and attention to detail with effective communication.
• Ability to manage multiple priorities and meet deadlines with accuracy.
• Collaborative mindset and ability to work across teams to resolve issues.

Responsibilities

• Monitor client portfolios and respond to collateral calls to mitigate counterparty risk.
• Perform margin calculations, investigate exceptions, and approve collateral settlements.
• Compute SIMM requirements and support related margin processes.
• Engage with clients to resolve disputes and onboard new relationships.
• Collaborate with Credit, Sales, Trading, Legal, Compliance and other teams to resolve issues.
• Reconcile portfolios, investigate differences, and support collateral optimization.
• Process monthly interest and coupon settlements on time.
• Conduct control activities to ensure accuracy and integrity of processes.
• Oversee intercompany margining and NPV validation across entities.
• Identify process inefficiencies and propose scalable improvements.

Skills

Analytical skills

Problem solving

Attention to detail

Communication

Prioritization

Education

Bachelor's degree

Job description

Goldman Sachs in Salt Lake City is seeking an Associate within Collateral and Margin Operations to protect the firm by overseeing collateral movements and margin calls across client portfolios.

You will collaborate with Credit, Legal, Compliance and Front Office, perform margin calculations, investigate discrepancies, and help build scalable processes while delivering accurate settlements and strong controls.