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Global Banking & Markets Operations-New York-Analyst-Trade Processing

Goldman Sachs
Posted a month ago, valid for 8 days
Location

New York, NY, US

Salary

$70,000 - $95,000 per year

Contract type

Full Time

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Sonic Summary

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  • The Liquidity Trade Management team is responsible for daily funding and liquidity management operations within the firm.
  • This role requires maintaining senior-level relationships with market counterparts and involves significant interaction with internal business partners and operations teams globally.
  • Candidates should have experience in managing counterparty risk and implementing regulatory changes, as well as optimizing workflows to manage risks effectively.
  • The expected salary for this position in New York, NY, ranges from $70,000 to $95,000, with the potential for a discretionary bonus.
  • Applicants should have a relevant background and experience, although the specific number of years required is not mentioned.

Description:

Liquidity Trade Management manages the operational elements for daily funding and liquidity management for the firm. The team performs key functions related to counterparty risk management, client transparency, product and pricing reference data. We mainly provide Middle Office support to the Corporate Treasury, Global Liquidity Products (GLP) and Short-Term Interest Rate (STIR) desks for aspects of the secured and unsecured funding business by ensuring control and oversight of the firm’s REPO trade allocations, confirmations, and payments to clients.

Role & Responsibilities

  • Maintain close, senior level relationships with market counterparts, agent banks & internal business partners, as well as daily interaction with Global Securities Division Operations teams globally.
  • Work with technology and business to introduce the new systems, applications and tools and/or uplift existing ones to enable the business with robust controls.
  • Drive the prioritization discussion for the key initiatives for the business as well as for the control framework and workflow enhancement of the existing processes.
  • Participate in the market-wide initiatives to implement the necessary regulatory changes into the internal workflow, risk controls and reporting
  • Act as face-off to with the regulatory bodies in the markets to ensure our business is complying with the various regulations in a fast-changing environment.
  • Represent LSTS on various cross department initiatives and regulatory/industry-driven initiatives.
  • Define and implement most optimized and effective workflow and controls to manage risks
  • Partner across Trading and Sales Desks around the globe to ensure accurate and timely trade allocation, confirmation, matching and settlement of our trades, while also performing some key control checks to minimize financial, reputational and regulatory risks to the firm and its clients at a management level.
  • Analyze and resolve exceptions, escalate risk items to management and the business

 

Salary Range 
The expected base salary for this New York, NY, United States-based position is $70000-$95000. 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.




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