Global Banking & Markets Operations-New York-Associate-Ready To Margin

Goldman Sachs Group; New York (NY); Presencial; USD 80 000 - 140 000; Tempo integral

Resumo da oferta

Goldman Sachs in New York seeks an Associate for Global Banking & Markets Operations ready to margin. The role focuses on mitigating counterparty credit risk through operational processes, ISDA documentation, and collateral workflows, partnering with Legal, Credit, and Middle Office.

The candidate will analyze ISDA master docs, ensure data is captured for Credit, Legal, and Margin systems, and provide frontline client service. Strong communication and a proactive mindset are essential.

Qualificações

• Derivatives documentation experience.
• Strong familiarity with ISDA Master Agreements, schedules, and NY/UK law CSAs.
• Ability to deconstruct legal documentation into operational data components.
• Knowledge of regulations such as UMR, FINRA, and Brexit-related changes.
• Skill in tracing data flows across systems to diagnose and resolve breaks.
• Hands-on experience with AcadiaSoft, TriOptima, SSI setup (Alert/Non-Alert).
• Detail-obsessed with a zero-defect mindset.
• Strong verbal and written communication; collaborative across teams.
• Self-starter who thrives independently and in a global team.

Responsabilidades

• Review ISDA Master Agreements, CSAs, and other master documentation, identifying material clauses and key risk terms.
• Translate complex legal language into structured data for Credit, Legal, and Margin systems.
• Serve as the review and approval checkpoint before terms flow into downstream pricing, confirmation, collateral, and regulatory platforms.
• Own the setup of client Standard Settlement Instructions (SSIs) for cash and securities, including Alert/Non-Alert and third-party accounts.
• Configure collateral accounts and work across platforms such as Acadia and TriOptima.
• Collaborate with Legal, Credit, Middle Office, Trading, Sales, Corporate Treasury, and Risk to resolve issues.
• Partner with Engineering to resolve system breaks and drive scalable enhancements.
• Identify operational risks and design robust controls to mitigate them.

Conhecimentos

Derivatives documentation

ISDA Master Agreements

Legal data mapping

Regulatory knowledge

Data flow tracing

Cross-functional collaboration

Communication skills

Self-starter

Multitasking

Ferramentas

AcadiaSoft

TriOptima

SSI setup

Descrição da oferta de emprego

Global Banking & Markets Operations-New York-Associate-Ready To Margin

New York, NY, United States

Job Description

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 investmentbanking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. For us, it’s all about bringing together people who are curious, collaborative and have the drive to make things possible for our clients and communities.

We have Collateral Management (Cleared and non-cleared), Portfolio Reconciliation , Margin Lending and Ready to Margin which are part of Margin, Collateral Valuations Operations (MCVO) sits within the Goldman Sachs Operations organization. A global, multi-faceted and cross product function, the primary objective of the department is the mitigation of counterparty credit risk through the active monitoring of clients’ derivative, prime brokerage, GS execution & clearing, derivatives clearing and securities financing portfolios.

Products supported include foreign exchange, commodities, credit, equity, interest rate and bespoke structured derivatives. The team manages a wide range of complex processes, with members developing skills and competencies around derivative & security products and their respective business areas, legal agreements, technology flows and regulations.

JOB SUMMARY AND RESPONSBILITIES

An employee within MCVO will primarily be focused on the mitigation of counterparty credit risk through the performance of a number of operational processes. They will be expected to perform these functions as well as demonstrating innovation and a proactive approach, highlighting inefficiencies, risks and implementing improvements. In addition, they will also be expected to provide a high level of service to their clients.

The role will involve close interaction with a wide range of areas of the bank including Credit Risk Management, Legal and Compliance, Sales, Trading, Controllers, Middle Office, Client Representatives, Central Clearing Services and other Operations Departments. As a result the successful candidate will be required to possess strong communication skills.

We promote cross training and ensure our employees develop a broad level of understanding across the varied departmental functions carried out. You can expect to be given early responsibility and in return you will be expected to contribute your own ideas to make a difference and add value to the group.

Some specific set of responsibilities are –

• Review and analyzeISDA Master Agreements, CSAs, and other master documentation, identifying material clauses and key risk terms.
• Translate complex legal language into structured data, capturing terms (simple to highly structured) into ourCredit, Legal, and Margin systems.
• Serve as thereview and approval checkpointbefore terms flow into downstream pricing, confirmation, collateral, and regulatory platforms.

Client Onboarding & Settlement Setup

• Own the setup ofclient Standard Settlement Instructions (SSIs)for cash and securities, includingAlert, Non-Alert, third-party, and tri-party custodian accounts.
• Configure collateral accounts and work across platforms such asAcadiaandTriOptima.

Cross-Functional Partnership

• Collaborate withLegal, Credit, Middle Office, Trading, Sales, Corporate Treasury, and Riskto resolve issues and unlock opportunities.
• Partner withEngineeringto resolve system breaks and drive scalable enhancement
• Identify operational risks and designrobust controlsto mitigate them.
• Ensure prompt resolutionofregulatory exceptions(UMR, FINRA and SEC and more).
• Streamline workflows, build metrics with the global team, and contribute tonew product reviewsto ensure scalable support.

SKILLS / RELEVANT EXPERIENCE

• Derivatives documentation experience— Ops documentation, drafting, middle office, or derivatives legal background.
• Strong familiarity withISDA Master Agreements, schedules, and NY/UK law CSAs.
• Ability todeconstruct legal documentationinto operational data components.
• Solid understanding of regulations such asUMR, FINRA, and Brexit-related changesand their margining implications.
• Skill in tracing data flows across systems to diagnose and resolve breaks.
• Hands-on experience withAcadiaSoft, TriOptima, SSI setup (Alert/Non-Alert), and tri-party custodian onboarding
• Detail-obsessedwith a zero-defect mindset.
• Strongcontrol orientationand sound judgment on when to elevate.
• Excellentverbal and written communication— comfortable drafting documentation and engaging internal stakeholders.
• Aself-starterwho thrives both independently and as part of a collaborative global team.
• Skilled at multitasking, prioritizing, and continuously learning

Functional & Technical Excellence

• Stay ahead of the curve— keep pace with evolving business, economic, and market trends that shape our industry.
• Bringstrong technical and analytical skills, an eye for detail, and the initiative to continuously deepen your expertise.

Drive & Ownership

• Jugglemultiple prioritieswith energy and focus.
• Setambitious goals, push through obstacles, and take ownership of your own growth and performance.

Client & Business Focus

• Buildtrusted, long-term relationshipswith internal and external clients.
• Navigatedifficult requestswith poise, help clients articulate their needs, and set clear expectations.
• Be the kind of teammate others want to work with —collaborative across teams, inclusive of diverse voices, and quick to recognize others' contributions.
• Cut through complexity andcommunicate what matters— clearly, concisely, and with purpose.
• Share knowledge and ideas generously across the organization

Judgment & Problem Solving

• Think ahead— anticipate questions, plan for contingencies, and identify alternative solutions.
• See thebig picturewhile dissecting complex issues with rigor.

Creativity & Innovation

• Challenge the status quo. Look forsmarter ways to workand design creative, practical solutions that deliver real value.
• Buildpersuasive, well-reasoned casesfor your ideas.
• Take a stand on the issues that matter and influence outcomes through sound rationale and credible recommendations.

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.

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.

Salary Range
The expected base salary for this New York, NY, United States-based position is $80000-$140000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.

Benefits
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 availableto active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here .

Job Info

• Job Identification 188837
• Job Category Associate
• Posting Date 11/11/2026, 08:46 PM
• Locations New York, NY, United States

Healthcare & Medical Services

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

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

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).

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.

Learn More