• Operations - Securities Division Operations - FICC Ops - FI Securities Operations - Analyst - Bengaluru

    Location(s) IN-Bengaluru
    Job ID
    2019-58542
    Schedule Type
    Full Time
    Level
    Analyst
    Function(s)
    Operations
    Region
    India
    Division
    Operations
    Business Unit
    FI Securities 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


    We are looking for a professional who wants to use their skills and experience to help deliver on operations agenda while challenging themselves to further their career at Goldman Sachs.

     

    OUR IMPACT

     

        The Confirmations and Drafting group is part of FICC Operations within Securities Division Operations.  The principle objective of the group is to reduce the risk associated with complex derivative transactions by                    performing independent and thorough manual review of the booking versus the legal document. The group engages in intensive interaction with the traders, structurers, strategists/quants and documentation teams.                The group also interacts with other departments such as Middle Office, Finance, IT, etc.

     

    RESPONSIBILITIES AND QUALIFICATIONS

    JOB SUMMARY AND RESPONSBILITIES

     

       

       The review process fully covers all aspects of the trade, including the following: 

       Ensuring all the trade economics, pay-off profiles (complex structure payoffs) and pricing factors are correctly captured in the product valuation. Identifying material risks with respect to modelling and booking methodology     deficiencies as well as discrepancies with the trade documentation. Proposing booking model and documentation amendments and co-ordinating the implementation of enhancements.

     

       The Tradable Usage and Transaction Governance group has very comprehensive exposure to almost all derivative asset classes. The team is globally responsible for the review of the following exotic asset classes:

    • Credit Derivatives
    • Equity Derivatives
    • Commodities
    • FX
    • European Medium Term Notes(EMTN) / Private Investor Product Group (PIPG)
    • Structured Warrants, Structured Certificates
    • Hybrids
    • Bank Loan

     

       The candidate will be expected to gain thorough knowledge of roughly two asset classes and relevant risk management systems within first 12 months.

     

    BASIC QUALIFICATIONS

    • Bachelors’ degree
    • Strong motivation to succeed, both as an individual and as a team
    • Ability to work under pressure, prioritize and meet deadlines, at the same time as risk mitigation
    • Effective problem solving and critical-thinking skills
    • Ability to use discretion and good judgment
    • Excellent communication and interpersonal skills with a strong appreciation of client service

     

    PREFFERED QUALIFICATIONS

    • Minimum 1-4 years of experience in Operations or related field Risk and Control focused
    • Ability to deal with multiple complex issues at the same time while meeting client deadlines

    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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