Trade Processing

Goldman Sachs Bank AG; Salt Lake City, Northern (UT, KY); Hybrid; USD 90,000 - 120,000; Full time

Benefits offered by this job

Health Insurance

Vacation Policy

Financial Wellness Programs

On-site health centers

Job summary

Goldman Sachs in Salt Lake City is seeking an Associate to support Prime Brokerage and BD Ops. You will settle trades, manage client relationships, and investigate trade-related issues across the trade life cycle.

Success in this role requires 3-5 years in client service within a financial setting, plus strong attention to detail, risk awareness, and collaborative skills to drive process improvements and effective client service.

Qualifications

• Minimum 3-5 years in client service roles, preferably in broker-dealer or other financial centric environment.
• Ability to present complex information in a structured and concise manner in a fast-paced environment.
• Experience in risk management and identifying control enhancements.

Responsibilities

• Work with Prime Brokerage clients and brokers to settle trades and resolve issues.
• Manage a book of clients and develop relationships for superior service across trade life cycle.
• Investigate exceptions in internal books and records and escalate as needed.
• Analyze and improve processes to reduce risk and repetitive effort.
• Influence client behavior to achieve superior operational outcomes.

Skills

Client service

Relationship building

Attention to detail

Risk management

Process improvement

Interpersonal skills

Tools

Microsoft Excel

Pivot tables

VBA

Job description

Global Banking & Markets - Public Dept-Prime Brokerage & BD Ops-Salt Lake City-Associate location_on Salt Lake City, UT, United States

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.

Operations is a dynamic, multi-faceted space that partners with all parts of the firm to provide banking, securities, and asset management services to clients around the world. In addition, Operations provides essential risk management and controls to preserve and enhance the firm's assets and its reputation. For every new product launched and every trade executed, it is Operations that develops and manages the processes and controls that enable business flow.

Middle Office is primarily responsible for booking and settling of trades and accuracy of books and records of Prime Brokerage and Prime Clearing clients. Our success is derived from a combination of process efficiency and adherence to controls and risk management principles. We excel at finding commercial solutions that meet our clients’ needs without compromising risk, control or service levels.

HOW YOU WILL FULFILL YOUR POTENTIAL

• Work directly with Prime Brokerage clients and external brokers to settle client trades and resolve any trade-related issues
• You will have a book of clients that you will be responsible for. Your objective will be to develop those client relationships and provide first class service across the trade life cycle
• Tap into your investigative skills to find answers to client queries and solutions for client issues that arise
• Investigate exceptions in our internal books and records to identify resolution, and escalates issues as they arise
• Analyze and improve processes and procedures with an eye for reducing risk and eliminating repetitive effort
• Help influence client behavior to achieve superior operational and client service outcomes

SKILLS & EXPERIENCE WE’RE LOOKING FOR

Minimum 3-5 years in client service roles, preferably in broker-dealer or other financial centric environment, but other relevant experience will be considered.

BASIC QUALIFICATIONS

• Must be comfortable presenting complex information in a structured and concise manner, and be able to work in a fast paced environment with multiple client deadlines throughout the day.
• Ability to build strong relationships with clients and broker-dealer peers.
• Excellent attention to detail, experience in risk management and ability to identify control enhancements.
• Constant drive to implement process improvement and find better ways to serve clients.
• Strong interpersonal skills and ability to work well with a team
• Ability to manage smaller projects and initiatives, influence others, and implement change in a consensus driven environment.

PREFERRED QUALIFICATIONS

• Proficiency in Microsoft Excel, specifically pivot tables, look up functions, and general data analysis
• VBA coding and Excel/Outlook macro experience a plus but not required

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.

Healthcare & Medical Insurance

We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.

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 Services

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).

Child Care & Family Care

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.