Global Markets Ops Associate — Margin & Collateral

Goldman Sachs Group; New York (NY); On-site; USD 80,000 - 140,000; Full time

Job summary

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.

Qualifications

• 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.

Responsibilities

• 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.

Skills

Derivatives documentation

ISDA Master Agreements

Legal data mapping

Regulatory knowledge

Data flow tracing

Cross-functional collaboration

Communication skills

Self-starter

Multitasking

Tools

AcadiaSoft

TriOptima

SSI setup

Job description

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.