Operations – Securities Division Operations – Margin Lending – Analyst – Salt Lake City
MORE ABOUT THIS JOB OPERATIONS
Operations is a dynamic, multi-faceted division 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.
The Margin Lending team supports a broad array of businesses across Private Wealth Management (PWM) and Prime Services (PS)The team are responsible for monitoring that clients remain within exposure limits and ensuring that actions are taken to bring the client’s account back within their limit. The primary job responsibility is validating and ensuring all margin calls are issued on a timely basis, working closely with Business Partners to ensure all calls are met in a timely manner.
RESPONSIBILITIES AND QUALIFICATIONS HOW YOU WILL FULFILL YOUR POTENTIAL
Calculation and issuance of margin calls for PWM and PS clientele Validating and ensuring all margin calls are issued on a timely basis Responding to all incoming queries and interacting with many different areas of the bank, in particular with Risk, Credit and Technology Proactively working on enhancing the team’s process and controls Resolution and escalation of all client disputes and queries Project and initiative management and participation within the team and across all regions
SKILLS & EXPERIENCE WE’RE LOOKING FOR
Bachelor’s Degree Strong organizational and multi-tasking skills to balance competing priorities and meet deadlines Exceptional understanding of products, risks, controls and escalations process across Operations Excellent problem solving skills; comfort dealing with large datasets and strong numerical aptitude Desire for continued improvement and new challenges, both on a business and personal level Motivated, enthusiastic and career focused. Strong motivation to succeed, both as an individual and as a team Strong attention to detail Ability to identify and mitigate operational risk Excellent communication and interpersonal skills with a strong appreciation of client service
Prior experience with the Margin Lending business, systems, flows, products and client base Advanced Excel Skills (macro/VBA coding is a plus). This is very important to the team Good working knowledge of product flows and systems, including OTC derivatives and inter-company processes
ABOUT GOLDMAN SACHS The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.
© The Goldman Sachs Group, Inc., 2019. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.