• Operations - Local Markets Operations - India Broker Dealer Ops - Analyst - Bengaluru

    Location(s) IN-Bengaluru
    Job ID
    2019-57540
    Schedule Type
    Full Time
    Level
    Analyst
    Function(s)
    Operations
    Region
    India
    Division
    Operations
    Business Unit
    Local Markets Operations
    Employment Type
    Employee
  • MORE ABOUT THIS JOB

    OPERATIONS

     

    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.

     

    YOUR IMPACT

     

    As a middle office professional in the India Broker Dealer Operations team you will hold a challenging, client-facing role, providing front to back operational support to international trading desks and external clients accessing the Indian equity markets.

     

    OUR IMPACT

     

    The India Broker Dealer Operations team is part of the Operations, Technology and Finance (OT&F) division of Goldman Sachs and functions within the Indian securities entity; Goldman Sachs (India) Securities Private limited (GIPL). It is a relatively small team located out of two offices; Mumbai and Bengaluru supporting trading desks and external clients accessing the dynamic and heavily regulated Indian market through the Indian broking entity GIPL.

    The India Broker Dealer Operations team provides front to back support for all operational aspects of India equities trading, from client initiation all the way through to settlement accounting whilst upholding strict standards of client service and risk management. To this end, the team supports sales and trading while closely collaborating with other parts of the federation such as technology, controllers, legal, compliance and various other teams within operations.

     

    RESPONSIBILITIES AND QUALIFICATIONS

    JOB SUMMARY & RESPONSIBILITIES 

    • Trade booking, allocation and confirmation of Indian equity trades executed by the firm and its clients.
    • Performing essential client service and trader support in timely manner by furnishing traders in Mumbai and other location with essential trade and market data.
    • Handling all day to day functions of the team.
    • Continuously drive projects involving new products roll out, new system implementation, process improvements, regulatory changes etc.
    • Obtaining an in-depth knowledge of the rules, regulations and various nuances of the Indian equities market as well as a sound understanding of our systems.
    • Responding promptly to client and counterparty inquiries, committing to deliverables as well as undertaking ad hoc investigation and analysis.
    • Performing regulatory trade reporting to the exchanges and liaising with domestic custodians on trade matching and fail trade resolution.
    • Maintaining a strict control standard on our downstream books of accounts and ensuring breaks are resolved in a timely manner.
    • Partnering with clients, trading desks and technology to improve efficiency, scalability and improve client experience through process re-engineering.

     

    BASIC QUALIFICATIONS

    • Bachelor’s degree with a minimum of one-two years of experience in financial services.
    • Self-motivated and proactive team player, who takes ownership and accountability of projects, has strong organizational skills as well as the ability to effectively manage competing priorities.
    • Flexible and able to work well under pressure in a team environment.

     

    PREFERRED QUALIFICATION

    • Trading operations and middle office experience.
    • Strong communication skill and comfortable interacting with external clients.
    • Proactively seeks knowledge and takes up self-learning initiatives.

     

    ABOUT GOLDMAN SACHS

    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



    © 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

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