Corporate Treasury-Funding Execution Trader- New York-Associate

The Goldman Sachs Group, Inc; New York (NY); On-site; USD 110,000 - 140,000; Full time

Job summary

A leading company in financial services is seeking an Associate for its Funding Execution team in New York. This role involves managing trade execution for secured and unsecured funding, optimizing liquidity metrics, and working closely with various teams. Ideal candidates possess strong analytical and quantitative skills, along with 3+ years of relevant experience.

Benefits

Competitive benefits and wellness offerings

Qualifications

• 3+ years of experience required.
• Strong understanding of economic, fiscal and monetary policy.
• Proficiency in Excel (including VBA) and strong quantitative skills.

Responsibilities

• Manage trade execution and pricing for funding structures.
• Generate trade ideas to optimize capital and liquidity metrics.
• Risk management including funding, interest rate, and FX risks.

Skills

Analytical skills

Problem solving

Quantitative skills

Communication skills

Tools

Excel

PowerPoint

Job description

We're a team of specialists charged with managing the firm's funding, liquidity, capital and relationships with creditors and regulators. Corporate Treasury manages the firm's financial resources and minimizes interest expense through liability planning, asset liability management, and liquidity portfolio yield enhancement. The division is ideal for collaborative individuals who have strong quantitative analysis skills and risk management capabilities since Treasury actively manages the firm's financial resources which are constantly changing due to business activity, markets, risk appetite, regulations and other factors.

RESPONSIBILITIES AND QUALIFICATIONS

Corporate Treasury is looking for an Associate to join its Funding Execution team in New York. The Funding Execution team is responsible for the with pricing and risk management of secured and unsecured funding structures, as well as optimizing the firm's capital and liquidity metrics associated with Treasury funding trades. The desk works closely with other parts of Corporate Treasury and sales, trading and structuring team within the firm's Global Markets & Banking division. The Funding Execution product suite includes repos, collateral upgrades, swaps, loans, benchmark debt, bond borrows and notes as well as other more complex products, all used to deliver financing solutions for both the firm and its client. The Execution team works out of the New York, London and Hong Kong offices and has clients in the US, EMEA and Asia

PRINCIPAL RESPONSIBILITIES

• Trade execution and pricing for secured and unsecured, structured and vanilla GS liabilities
• Generate trade ideas to help i) reduce interest expense, ii) reduce capital consumption, and improve firm / regulatory liquidity metrics
• Risk management of the existing portfolio and new trades including funding, interest rate, basis, cross-currency and FX risk
• Contribute to trade ideas based on macro market dynamics
• Daily marking of secured and unsecured funding curves, P&L Reconciliation and relevant report review
• Understand and interpret complex pricing models that are used to value funding transactions

QUALIFICATIONS / SKILLS

• 3+ years of experience
• Strong analytical, problem solving and quantitative skills
• Strong understanding of economic, fiscal and monetary policy
• Enthusiasm and strong work ethic
• Proficiency in Excel (including knowledge of VBA) and PowerPoint required
• Strong quantitative skills with the ability to analyze, evaluate and form independent judgments
• Strong verbal and written communication skills
• Must be comfortable building models, managing large amounts of data, and analyzing the outputs

Salary Range

The expected base salary for this New York, New York, United States-based position is $110000-$140000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.

Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.