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.

OUR IMPACT

The Liquidity Management (LM) team sits within Asset Management which has primary responsibility for all aspects of cash management, collateral management, trade life-cycle and serves as the single point of contact for all operations related liquidity inquiries across GSAM. These functions cover a wide range of clients and a complex product range, which include equities, fixed income, currency and derivatives. The group supports portfolio managers, client relationship managers by providing accurate and timely liquidity information and overseeing all aspects of operational risk & clients counterparty risk across portfolios. This involves extensive interaction with internal and external parties to ensure effective oversight for existing business and also to shape and implement solutions for new clients, products, strategies, and system architecture.

HOW YOU WILL FULFILL YOUR POTENTIAL

• Holistic ownership and understanding of client accounts from a GSAM Operations perspective, trade life-cycle and act as a single point of contact for GSAM business for any liquidity related issues
• Daily cash forecasting in multi-currency portfolios to include overdraft monitoring and fund liquidity reporting
• Trading desk support to include ad-hoc queries as well as ongoing business initiatives
• Manage collateral and counterparty exposures across multiple product classes and various regulations
• Build relationships with outside financial institutions (brokers, custodians, prime brokers and fund administrators) to improve the quality and productivity of work by integrating best practices as appropriate
• Liaise with traders and brokers to ensure efficient settlement of trading activity
• Partner and liaise with client relationship team and client implementation team to qualify new business, implement account events, and ensure the adequacy of account structures and surveillance
• Proactively review indicators of operational issues/concerns with the goal of resolving such issues before client impact
• Review account level metrics (i.e. reconciling items on cash/position reconciliations, failing trades, etc.) as defined by operating standards and research, escalate, remediate exceptions as appropriate

 

SKILLS & EXPERIENCE 

BASIC QUALIFICATIONS

• Bachelors Degree 
• Minimum of 1 year of professional experience or internship in finance or related field
• Proficient in Microsoft Office, specifically Word, Excel, and PowerPoint
• Be highly collaborative, team-oriented and strong consensus builder
• Demonstrate strong communication and interpersonal skills both written and oral
   

PREFERRED QUALIFICATIONS

• Previous experience in Operations and/or Financial Services industry
• Risk management focus 
• Demonstrate ability to partner across product groups, regions and functional responsibilities
• Be a strategic thinker, possesses strong facilitation and data gathering skills
• Attention to detail and ability to work to tight deadlines under pressure and to provide practical solutions
• Exposure to data analysis tools (SGL, Python, Tableau) can be a plus but not essential