• Securities Division Operations - Equities Ops - Prime Brokerage & Clearing Ops – Analyst/Associate – Salt Lake City

    Location(s) US-UT-Salt Lake City
    Job ID
    Schedule Type
    Full Time
    Associate, Analyst
    Business Unit
    Prime Brokerage & Clearing Ops
    Employment Type



    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.


    Prime Brokerage Clearing Services Operations provides clearing, execution and custody services for all major products across over 75 exchanges. Clients include hedge funds, asset managers, governments, corporates, broker dealers, Goldman Sachs franchise traders, other professional investors and market markers. Operations teams supporting the Prime Brokerage and Clearing Services business are responsible for providing centralized securities clearing and settlement, managing cash inflows and payments, and maintaining the accuracy of clients’ positions and transactions. While interacting with various parties such as clients, clearing houses, Securities Division and Technology, Prime Brokerage Operations helps the firm and clients to manage risk exposed across these markets and products.



    Prime Brokerage & Clearing Middle Office is seeking a highly skilled individual to engage in client communication and risk management. The role will include daily ownership of trade lifecycle exceptions and fail management for a set client base across the Prime Brokerage and/or Prime Clearing spectrum. The individual would be expected to partner with internal stakeholders to analyze thematic issues and work to implement enhancements within current workflows. The individual would be expected to learn quickly, to efficiently manage time and prioritize, to effectively navigate the organization, and demonstrate a strong desire to learn. The individual will be exposed to global markets across listed cash equity and fixed income products. The role requires strong communication skills and a focus on partnership with both internal teams and external clients.

    The candidate will be involved in trade lifecycle management (including client trade exceptions, pre-settlement and fails management) by interacting with clients, counterparty brokers, client service and various Operations teams to manage risk exposed across these markets and products. Additionally, the candidate would be expected to partner with other stakeholder teams (including Securities Division and Technology) to identify/resolve thematic issues, and work to implement enhancements to increase efficiency in current processes.



    • Work directly with clients, client services teams in the Securities Division, and Margin Lending Operations to ensure accounts are fully funded and proper client authorization is received for all asset transfers
    • Tap into your investigative skills to find answers to client queries and solutions for issues that arise daily
    • Work closely with Treasury Operations on cash settlement to minimize settlement delays for clients, and to mitigate the impact of large client transfers to firm funding projections
    • Analyze and improve processes and procedures with an eye for reducing risk and eliminating repetitive effort
    • Help influence client behavior to achieve superior operational and client service outcomes
    • Develop a detailed understanding of the internal and external mechanics of asset transfers, i.e. cash and securities settlements across global markets
    • Establish excellent working relationships with multiple areas across the Firm including our business partners, technology and other teams within Operations
    • Provide technical expertise related to the implementation of new processes, global consistency, risk management, efficiency, and technology convergence initiatives among other projects
    • Work closely with stakeholder teams to identify/resolve system issues, and work to implement system enhancements to increase efficiency in current processes
    • Continual process analysis to improve control, scalability and efficiency


    • Bachelor's degree
    • Proven skills in driving process improvements through to implementation
    • Strong risk management skills and attention to detail
    • Ability to develop both tactical and strategic solutions to issues
    • Excellent verbal and written communication skills
    • Enthusiasm and a strong desire to learn
    • Contributes to the effectiveness of the team by working closely with colleagues by sharing information, skills, and responsibilities



    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

    © The Goldman Sachs Group, Inc., 2020. All rights reserved.
    Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity