Salt Lake City, Utah, USA
163 days ago
Vice President - 7365626

Job Duties: Vice President with Goldman Sachs & Co. LLC in Salt Lake City, Utah. Validate and capture counterparty documentation, which includes International Swaps and Derivatives Association (ISDA), Credit Support Annex (CSA), and Funding Agreement (Repurchase, Lending and Futures) document terms against the legal and margining systems through accurate configuration ensuring information is flowing into downstream systems correctly which enables the Firm to determine market exposure and call collateral from the client to cover its credit risk. Supervise and investigate breaks to resolve impact to risk-weighted assets (RWA) on the Firm’s balance sheet (Tier 1 Capital) review. Oversee Uncleared Margin Rules (UMR) and SEC post trade violation exception process and ensure timely remediation and working in partnership with key stakeholder groups where necessary. Assume oversight and final approval responsibilities for margin related settlement instructions (cash and securities) and management of third-party custody arrangements for segregated portfolios. Configure and approve margin agreements in vendor platform to enable electronic exchange of margin messaging. Review and approve accurate rehypothecation advice, which includes maintenance of rules in legal system that helps the Firm optimize its capital requirements and enables accurate liquidity projections in consultation with stakeholder groups to determine material clauses and identify key risks in documentation. Identify and manage potential risks in the daily business operations, implement controls to mitigate risk and work with global team counterparts to enable accurate Key Risk Indicators/Key Perform Indicators (KRI/KPI) metric reporting including liaising with stakeholders on supportability and operational risks or limitations. 

Job Requirements: Bachelor’s degree (U.S. or foreign equivalent) in Finance, Mathematics, Economics, Business, Physics, or related field. Employer will accept bachelor's degree equivalent based on single degree, combination of degrees, or combination of degree(s) and professional work experience, where determined to be equivalent to U.S. bachelor's degree by a qualified credential evaluation service. Five (5) years of experience in the job offered or in a related role. Prior experience must include five (5) years: ability to present verbally and in writing to a wide range of stakeholders on complex risk issues, process improvement projects, problem solving ability, open actionable issues, and team planning paired with meticulous attention to detail; ability to pick oversight responsibilities for embedded data analytics workflow models which generate daily business-related process exceptions and work with related personnel team to enhance, integrate, and resolve any open issue with the model; overseeing several critical regulatory requirements including rehypothecation of collateral and Client Asset protection while keeping up to date with emerging business, economic, and market trends; derivative documentation or relevant experience in middle office/trade management processes and ability to apply key legal and margin terms for onboarding new clients and updating existing clients with the latest executed terms; and working with client settlement instructions to ensure a goal of zero defect while approving in payment/settlement systems and to find new ways to improve current processes and develop creative solutions.  Prior experience must include one (1) year: managing/leading people and coaching junior team members from a career development perspective and working with team members to set goals, track milestones, and provide ongoing feedback on performance.

©The Goldman Sachs Group, Inc., 2024. All rights reserved. Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity. 

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