Global Banking & Markets Operations, Credit Sales & Trading Services Associate, London London ·[...]

Global Banking & Markets Operations, Credit Sales & Trading Services Associate, London location_on London, Greater London, England, United Kingdom

Opportunity Overview

CORPORATE TITLE: Associate

OFFICE LOCATION(S): London

JOB FUNCTION: Matching, Shaping, Allocation

DIVISION: Global Banking & Markets

BUSINESS UNIT OVERVIEW

The Exotic Trade Review Group is responsible for the checkout and review of complex and structured cross-product deals including commodity, interest rate, foreign exchange, credit, and equity derivatives. The team does this by utilizing termsheets and our risk capture system. It is a department which continually adapts to keep pace with changes in the business, markets, technology, and the regulatory environment. Partnership with the sales, trading, structuring, legal, and middle office teams is key to effectively managing the trades we support. You will be required to be enthusiastic, dynamic, flexible, client service-oriented, and focused on control, accuracy, and maximizing efficiency.

HOW YOU WILL FULFILL YOUR POTENTIAL

• Perform exotic trade review of OTC derivative trade confirmations.
• Demonstrate technical acumen and accuracy ensuring confirmations utilize the appropriate ISDA Definitions, Supplements, and MCAs.
• Mitigate risk through maintaining accuracy and consistency around termsheets, risk bookings, and confirmations.
• Proactively partner with internal groups (sales, trading, compliance).
• Design and initiate process improvements with a thorough understanding of template architecture.
• Partner with the Legal Department to agree upon appropriate templates for new structures.
• Take responsibility for maintaining timeliness in accordance with market standards and regulatory requirements.

SKILLS / EXPERIENCE

• Experience drafting and reviewing structured products or legal documentation.
• Understanding of risk and controls required to support derivative transactions.
• Contributes to the effectiveness of the team by working closely with colleagues by sharing information, skills, and responsibilities.
• Excellent attention to detail and accuracy.
• Takes actions to ensure that controls are in place and procedures are followed.
• Skilled at gathering and analyzing quantitative data to guide decision-making.
• Has personal impact and experience to negotiate effectively with other internal groups, including sales/trading/structuring teams.
• Ability to meet multiple deadlines in a trading environment.
• Ability to manage line-related projects for efficiency/control improvements.
• Demonstrate strong leadership skills, ability to gather stakeholder support for initiatives across teams and see them through to execution.
• 3+ years of full-time work experience.

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 workplace and beyond by ensuring every individual within our firm has opportunities to grow professionally and personally.

We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process.

We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident, and business travel accident insurance.

We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements.

Financial Wellness & Retirement: We assist employees in saving and planning for retirement and provide benefits to help employees prepare for the unexpected.

Health Services: We offer a medical advocacy service for employees and family members facing critical health situations.

Fitness: To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers.

Child Care & Family Care: We offer on-site child care centers and a variety of resources for expectant parents and parents returning from parental leave.

Benefits at Goldman Sachs: Read more about the full suite of class-leading benefits our firm has to offer.