Bengaluru, Karnataka, India
7 days ago
Global Banking & Markets Operations - Securitized Products Servicing - Associate - Bengaluru

GLOBAL BANKING & MARKETS

We make markets in and clear client transactions on major stock, options and futures exchanges worldwide. Through our global sales force, we maintain relationships with our clients, receiving orders and distributing investment research, trading ideas, market information and analysis.

OPERATIONS

Operations is a dynamic, multi-faceted segment that partners with all parts of the firm to deliver banking, sales and trading and asset management capabilities to clients around the world. In addition, Operations provides essential risk management and control to preserve and enhance the firm’s assets and its reputation. For every trade agreed, every new product launched, or market entered, every transaction completed, it is Operations that develops the processes and controls that makes business flow.

YOUR IMPACT

Are you interested in learning about and servicing bespoke derivative products? Our team is seeking a professional who is diligent, analytical and has the ability to collaborate with Middle Offices, Trading, Structuring, Controllers, Legal, Technology and Sales to facilitate the issuance and post-trade servicing of Securitized Derivatives, SPVs and other fund structures. You will be able to contribute across the complete Issuance process and manage the product all the way to its maturity. The business continuously expands into new markets and product areas and your expertise will help the business successfully capitalize on upcoming market opportunities.

OUR IMPACT

The Structuring Operations team services structured products including securitized notes, warrants, SPVs, and other fund structures. The team covers a wide range of functions including issuance, lifecycle management, payments, expense management, and associated controls. Given the range of responsibilities the team members become subject matter experts in various components of the structures, markets and flows allowing them to manage a variety of tasks and facilitate new business activities. A key focus for the organization is establishing strong risk management procedures and controls to ensure the firm and our clients are protected.

Being a fairly bespoke and complex business, the Structuring Operations team handles a wide variety of functions across the entire stack from Pre-Trade investigation, product creation and Issuance, the full suite of controls all the way to Final Settlements and lifecycle servicing. The team also provides the business with expertise and guidance around new markets and products, by driving projects that support business expansion into completely new markets or product variations including advising the business on trade flows, booking models, settlement mechanism and reviewing / managing relationships with the local market participants such as the Clearing houses, Exchanges, Paying agents amongst others.

BUSINESS UNIT OVERVIEW

Structuring Operations provides post-trade servicing support to the Structured Products (notes, warrants, SPVs and fund structures) business across Asia, EMEA and Americas.

JOB SUMMARY AND RESPONSIBILITIES

Gain strong knowledge of securitized derivatives; Build expertise on the securitization and servicing processes across notes and SPVs Understand the nuances of the various products and markets from an Issuances, Settlement, Lifecycle Servicing perspective to execute the appropriate controls within each product and marketShowcase your attention to detail and risk focus while servicing new issuances & processing lifecycle events on bespoke issuance across marketsShowcase your investigative skills by identifying and analysing complex breaks that result from discrepancies in trade flows / booking. Build on your understanding of exotic products and the workings of internal systems to service the specialisations in these financial productsWorking with various Operations, Technology, Controllers, Legal, & front office teams in the course of your day to day responsibilitiesWork with internal and external stakeholders to understand the intricacies of the internal systems as well as the nuances of the regulators and external market environments to partner with the business in new market and product initiatives.Build and maintain in-house operations databases and mini applications which provide tactical automation and data analytics capability. Explore the possibility of process change through enhancing the same and work towards a risk controlled environment to support business initiatives by providing scale through tactical automation.Collaborate with internal and external stakeholders to drive continuous improvement & strategic initiatives for the business as they expand into new markets or experiment with new financial products          

BASIC QUALIFICATIONS 

Bachelor's degree with a minimum of 4 years of experience in financial services Candidate must be comfortable in a high-pressured environmentProven analytical skills, problem solving ability, and attention to detail Aptitude for building relationships, along with the ability to communicate complex issues to a wide array of internal and external clients with differing levels of product experience Excellent written, communication and presentations skillsIntegrity and passion for working in a competitive environmentSelf-motivated and proactive team player who takes ownership and accountability of projects & tasks, has strong organizational skills and effectively manages competing priorities 

PREFERRED QUALIFICATIONS

Prior experience with Structured Products, Derivatives (Securitized and/or OTC), SPVs (Special Purpose Vehicles), Managed Accounts or UCITS Funds from a servicing perspectiveProficiency using the Microsoft Office Suite, including Excel, PowerPoint and Microsoft WordPrior process automation experienceExperience with SQL, Databases (MSSQ / Sybase), VBA, Alteryx, Tableau and other ETL tools 

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. 

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

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Goldman Sachs is an equal employment/affirmative action employer

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