Asset and Wealth Management Operations - Liquidity Management - Associate - Bengaluru in Bengaluru at honor foundations

Date Posted: 11/20/2024

Job Snapshot

Job Description

ASSET MANAGEMENT 

Bringing together traditional and alternative investments, we provide clients around the world with a dedicated partnership and focus on long-term performance. As the firm’s primary investment area, we provide investment and advisory services for some of the world’s leading pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors and individuals, for which we oversee more than $2 trillion in assets under supervision. Working in a culture that values integrity and transparency, you will be part of a diverse team that is passionate about our craft, our clients, and building sustainable success. We are: 

  • Investors, spanning traditional and alternative markets offering products and services 
  • Advisors, understanding our clients’ priorities and poised to help provide investment advice and strategies that make sense for their portfolios 
  • Thought Leaders, providing timely insights across macro and secular themes to help inform our clients’ investment decisions 
  • Innovators, using our suite of digital solutions to help our clients address complex challenges and meet their financial goals 

OPERATIONS

Operations is a dynamic, multi-faceted segment 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 Liquidity Management(LM) team sits within Trade Management operations which has primary responsibility for all aspects of cash management, collateral management, post-trade guideline oversight, trade life-cycle and serves as the single point of contact for all operations related liquidity inquiries across GSAM. These functions cover a wide range of clients and a complex product range, which include equities, fixed income, currency and derivatives. The group supports portfolio managers, client relationship managers by providing accurate and timely liquidity information and overseeing all aspects of operational risk & clients counterparty risk across portfolios. This involves extensive interaction with internal and external parties to ensure effective oversight for existing business and also to shape and implement solutions for new clients, products, strategies, and system architecture.

JOB SUMMARY AND RESPONSIBILITIES

  • Holistic ownership and understanding of client accounts from a GSAM Operations perspective, trade life-cycle and act as a single point of contact for GSAM business for any liquidity related issues
  • Daily cash forecasting in multi-currency portfolios to include overdraft monitoring and fund liquidity reporting
  • Trading desk support to include ad-hoc queries as well as ongoing business initiatives
  • Manage collateral and counterparty exposures across multiple product classes and various regulations
  • Build relationships with outside financial institutions (brokers, custodians, prime brokers and fund administrators) to improve the quality and productivity of work by integrating best practices as appropriate
  • Liaise with traders and brokers to ensure efficient settlement of trading activity
  • Partner and liaise with client relationship team and client implementation team to qualify new business, implement account events, and ensure the adequacy of account structures and surveillance. Execution on strategic risk, efficiency & business enablement initiatives.
  • Proactively review indicators of operational issues/concerns with the goal of resolving such issues before client impact
  • Review account level metrics (i.e. reconciling items on cash/position reconciliations, failing trades, etc.) as defined by operating standards and research, escalate, remediate exceptions as appropriate

BASIC QUALIFICATIONS

  • Bachelors Degree
  • Minimum of 4 year of professional experience
  • Proficient in Microsoft Office, specifically Word, Excel, and PowerPoint
  • Bachelor’s degree required
  • Be highly collaborative, team-oriented and strong consensus builder
  • Demonstrate strong communication and interpersonal skills both written and oral

PREFERRED QUALIFICATIONS 

  • Previous experience in Operations and/or Financial Services industry
  • Knowledge of Collateral or Treasury operations
  • Demonstrate ability to partner across product groups, regions and functional responsibilities
  • Be a strategic thinker, possesses strong facilitation and data gathering skills
  • Attention to detail and ability to work to tight deadlines under pressure and to provide practical solutions
  • Risk management focus

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., 2024. All rights reserved.

Goldman Sachs is an equal employment/affirmative action employer

', 'CorporateDescriptionStr' : '', 'OrganizationDescriptionStr' : '', 'ShortDescriptionStr' : 'Asset and Wealth Management Operations - Liquidity Management - Associate - Bengaluru', 'ContentLocale' : 'en', '