Global Banking & Markets, Operations, Securities Settlements - Inventory Management, Analyst/ Associate, Hong Kong
ABOUT GOLDMAN SACHS
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
ABOUT OUR ROLES
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 Bangalore.
The department’s key priorities are to mitigate risk, provide exceptional client service and drive strategic change.
DEVELOPMENT PROSPECTS
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 team 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 organisation.
In depth on the job training will be provided, backed up with on-going support and over sight 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.
RESPONSIBILITIES
The position available is with the Securities Settlements and Inventory Management Operations team. The reporting line is to the Department Manager.
Key stakeholders and interactions will be with GS Trading and Sales Desks, Engineering and Operations Teams, Credit, Legal, Compliance and external counterparties.
Your responsibilities will include:
- Developing and maintaining strong relationships with all stakeholders – Business, Engineering, Operations and Credit. 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
QUALIFICATIONS
- Bachelor's degree or equivalent
- Strong commitment and able 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.
- Have a control focus and be achievement orientated to produce results to ensure that all risk is mitigated.
- Experience in leading line teams which perform same day deadline driven tasks
PREFERRED QUALIFICATIONS
- A level educated candidate would be preferred and IAQ would be an advantage
- Work experience in a securities settlements, inventory management, trade support or securities middle office role for min. 4-6 years
- Experience of playing a leading role in a team providing task supervision, support and training to more junior members.
- Equities Industry and market knowledge would be an advantage.
- Experience of vendor platforms (Easyway, Crest UI, Webmax) would be an advantage.
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
© The Goldman Sachs Group, Inc., 2023. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity