Goldman Sachs Bank AG
Global Banking & Markets - Salt Lake City - Associate, Trade Processing - 935157
Goldman Sachs Bank AG, Salt Lake City, Utah, United States, 84193
Global Banking & Markets - Salt Lake City - Associate, Trade Processing - 9351572 location_on Salt Lake City, Utah, United States
Job Duties Associate, Trade Processing with Goldman Sachs & Co. LLC in Salt Lake City, Utah. Provides a primary point of contact support model for hedge fund clients who clear with the firm as a prime client. Build, maintain, and enhance client relationships with new and existing clients. Provide clients with a primary point of contact for a wide range of operational issues and account management queries, including addressing trade exception and position management inquiries. Educate clients on enhancements to the firm’s offering. Compile and analyze metrics to assess client efficiency and experience to identify and drive improvement. Liaise with Core Operations groups such as Client Clearing Services, Control, & Settlements to resolve queries. Interact with the Prime Services business, Sales, Legal, and Compliance teams to ensure that commercial opportunities can be facilitated under controlled conditions. Work independently, or with team members and management, on strategic projects and process improvement initiatives to reduce risk and/or improve client service delivery. Influence senior stakeholders internally and externally to execute on strategic resolution of operational issues. Monitor daily reports on exceptions and problems by identifying root causes and manage risks associated.
Job Requirements Master’s degree (U.S. or foreign equivalent) in Economics, Finance, Financial Risk Management, or related field and one (1) year of experience in the job offered or in a related role OR Bachelor’s degree (U.S. or foreign equivalent) in Economics, Finance, Financial Risk Management, or a related field and three (3) years of experience in job offered or a related role. Prior experience must include one (1) year of experience (with a Master’s degree) OR three (3) years of experience (with a Bachelor’s degree) with: industry regulations including US and International market settlement; day to day query resolution and escalation resolution from clients and stakeholders across a financial services firm; identifying risks inherent in daily business process and driving initiatives to design controls to mitigate risk while seeking Straight-Through-Processing (STP) workflows; working with settlement processes to research and resolve outstanding client fails including activities and transactions clearing in local markets globally; working with domestic and international cash equity and fixed income products in daily execution of job functions; seeking out and generating creative solutions to systematic problems within financial operations; and root cause analysis and strategic resolution of re-occurring problems.
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 and a minimum of three weeks expected vacation usage each year.
Financial Wellness & Retirement We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.
Health Services We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the‑art on‑site health centers in certain offices.
Fitness To encourage employees to live a healthy and active lifestyle, some of our offices feature on‑site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre‑approved amount).
Child Care & Family Care We offer on‑site child care centers that provide full‑time and emergency back‑up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.
Benefits at Goldman Sachs Read more about the full suite of class‑leading benefits our firm has to offer.
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Job Duties Associate, Trade Processing with Goldman Sachs & Co. LLC in Salt Lake City, Utah. Provides a primary point of contact support model for hedge fund clients who clear with the firm as a prime client. Build, maintain, and enhance client relationships with new and existing clients. Provide clients with a primary point of contact for a wide range of operational issues and account management queries, including addressing trade exception and position management inquiries. Educate clients on enhancements to the firm’s offering. Compile and analyze metrics to assess client efficiency and experience to identify and drive improvement. Liaise with Core Operations groups such as Client Clearing Services, Control, & Settlements to resolve queries. Interact with the Prime Services business, Sales, Legal, and Compliance teams to ensure that commercial opportunities can be facilitated under controlled conditions. Work independently, or with team members and management, on strategic projects and process improvement initiatives to reduce risk and/or improve client service delivery. Influence senior stakeholders internally and externally to execute on strategic resolution of operational issues. Monitor daily reports on exceptions and problems by identifying root causes and manage risks associated.
Job Requirements Master’s degree (U.S. or foreign equivalent) in Economics, Finance, Financial Risk Management, or related field and one (1) year of experience in the job offered or in a related role OR Bachelor’s degree (U.S. or foreign equivalent) in Economics, Finance, Financial Risk Management, or a related field and three (3) years of experience in job offered or a related role. Prior experience must include one (1) year of experience (with a Master’s degree) OR three (3) years of experience (with a Bachelor’s degree) with: industry regulations including US and International market settlement; day to day query resolution and escalation resolution from clients and stakeholders across a financial services firm; identifying risks inherent in daily business process and driving initiatives to design controls to mitigate risk while seeking Straight-Through-Processing (STP) workflows; working with settlement processes to research and resolve outstanding client fails including activities and transactions clearing in local markets globally; working with domestic and international cash equity and fixed income products in daily execution of job functions; seeking out and generating creative solutions to systematic problems within financial operations; and root cause analysis and strategic resolution of re-occurring problems.
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 and a minimum of three weeks expected vacation usage each year.
Financial Wellness & Retirement We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.
Health Services We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the‑art on‑site health centers in certain offices.
Fitness To encourage employees to live a healthy and active lifestyle, some of our offices feature on‑site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre‑approved amount).
Child Care & Family Care We offer on‑site child care centers that provide full‑time and emergency back‑up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.
Benefits at Goldman Sachs Read more about the full suite of class‑leading benefits our firm has to offer.
#J-18808-Ljbffr