Goldman Sachs Looking for Global Banking & Markets Operations-New York-Associate-Settlements at New York, NY Full Time

At Goldman Sachs, we connect people, capital and ideas to help solve problems for our clients. We are a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. For us, it’s all about bringing together people who are curious, collaborative and have the drive to make things possible for our clients and communities.

YOUR IMPACT

The Buy Ins team within Global Banking & Markets Operations is seeking a skilled professional who will help manage buy in risk for the Americas. In this role, you will apply your quantitative, problem solving, and customer service skills to support the various business units and clients in a fast paced environment. You will also play a key role in suggesting and implementing process improvements to the team to mitigate risks and enhance the overall client experience.

OUR IMPACT

Operations is a dynamic, multi-faceted division 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.

Buy Ins is a dynamic team in Operations that works alongside the Securities Lending desk to ensure timely settlement of trades to avoid firm regulatory/reputational risk. The team processes and controls the settlement of all asset types, transfer of electronic and physical assets relating to company distributions, client trades, and the restructuring of client portfolios. Creativity, adaptability, effective communication, and commitment to excellence are key characteristics of successful team members. Through great relationship management and very detailed execution, we create the best solutions for our business and their clients.

How You Will Fulfill Your Potential

• Prepare to gain a comprehensive understanding of the trade lifecycle and regulatory deadlines by interacting with the business, middle office, legal, compliance, and external parties in order to work toward the shared goal
• Partner with expert teams to review assets and transfers from start to finish to ensure a seamless process for our clients
• Showcase your attention to detail by ensuring all transaction details are correctly captured
• Use your inquisitive mindset to identify control gaps with respect to transfer process. Propose enhancements to current processes in an effort to effectively mitigate risk.
• Leverage your innovative skills to identify ways to continually progress current processes
• Mitigate risk for the firm and our clients by using precision in execution
• Perpetuate the firm’s tradition of excellence in the quality of our work, interactions, and services

Basic Qualifications

SKILLS & EXPERIENCE WE’RE LOOKING FOR

• Bachelor’s degree with some experience in financial services
• Proven analytical skills, problem solving ability, and a control mentality paired with meticulous attention to detail
• Aptitude for building relationships and ability to communicate complex issues and concepts to a wide array of internal partners with differing levels of product experience
• Self-motivated and proactive team player who takes ownership and accountability, has strong organizational skills and time management, as well as the ability to effectively manage competing priorities
• Flexible and able to work well under pressure in a team environment
• Strong dedication to the culture of excellence of the firm

Preferred Qualifications

• Understanding of applicable SEC and FINRA mandated regulations such as SEC Reg SHO (specifically Rule 204 and Rule 203(b)), SEC Rule 15c3-3, and FINRA Rule 11810
• Working knowledge of NSCC’s CNS system for netting short/long sales and DTCC’s applications such as SMART/Track, Obligation Warehouse, Participant Browser Services, and Settlement Web

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., 2023. All rights reserved.

Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity

Salary Range

The expected base salary for this New York, New York, United States-based position is $80000-$135000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.

Benefits

Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here .