Global Banking & Markets Operations-New York-Associate-Settlements

SRI Conference; New York (NY); On-site; USD 80,000 - 140,000; Full time

Job summary

Goldman Sachs in New York, NY is seeking a Securities Settlements professional to support cross-functional operations within a leading investment banking environment. The role focuses on delivering transactions timely, managing risk, and driving process improvements across Treasury, Operations and Business teams.

You will engage with global teams, contribute to controls, and participate in ongoing training to deepen securities settlements expertise.

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.

Responsibilities

• Developing and maintaining strong relationships with all stakeholders - Business, Engineering, Operations and Treasury. Actively engage, partner and drive changes, provide excellent service and support.
• Ensuring transactions are 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

Skills

Relationship management

Stakeholder engagement

Operational risk

Client service

Industry knowledge

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 investment banking, 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.

BUSINESS UNIT OVERVIEW

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

RESPONSIBILITIES

• Developing and maintaining strong relationships with all stakeholders - Business, Engineering, Operations and Treasury. Actively engage, partner and drive changes, provide excellent service and support.

• Ensuring transactions are 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

Securities Settlements Operations has the benefit of being located in the nucleus of an investment bank so the exposure and interaction that the successful candidate will gain will be vast. The successful hire will interface with global teams across divisions. The successful candidate will be expected to act as a change agent, by improving processes and procedures and contribute meaningfully to the overall strategy of the organization.

In depth on the job training will be provided, backed up with on-going support and oversight as the candidate will be responsible for an important function within the team. The role is ideal for a candidate who wants experience of a variety of Securities Settlements functions.

SKILLS / EXPERIENCE

• 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.

• Relevant Industry work experience preferred, but not required

• Basic knowledge of equities and fixed income markets

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.

We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html

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