WHO WE ARE
The Goldman Sachs Group, Inc. is 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 high-net-worth individuals. The firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centres around the world.
GLOBAL MARKETS
Our core value is building strong relationships with our institutional clients, which include corporations, financial service providers, and fund managers. We help them buy and sell financial products on exchanges around the world, raise funding, and manage risk. This is a dynamic, entrepreneurial team that includes individuals who have a passion for the markets and who thrive in fast-paced, changing environments and are energized by a bustling trading floor.
At Goldman Sachs, our culture is one of teamwork, innovation and meritocracy. We often say our people are our greatest asset and we take pride in supporting each colleague both professionally and personally. From collaborative work spaces and ergonomic services to wellbeing and resilience offerings, we offer our TDG professionals the flexibility and support they need to reach their goals in and outside the office.
YOUR IMPACT
You will be an integral part of a global team of trading documentation professionals, focused on the build out of our first line of defence Policy, Documentation & Outreach Group (“PDO”) Risk function, partnering with trading documentation professionals across Prime and Franchise Global Banking and Markets Division business areas and related trading agreements.
As a member of the PDO Risk team, you will interact extensively with a range of stakeholders across business areas, both regionally and functionally. You will also coordinate and work with our core group of negotiators and leadership, playing a pivotal role in delivering change that will drive efficiency and greater commercial risk management in the first line of defence. Your contribution will be pivotal in supporting our commitment to increase revenue opportunity, enhance the client experience while effectively managing risk and grow the knowledge base of the PDO.
In this role, amongst other responsibilities, you will play a crucial part in enhancing our organization’s capacity to trade in financial products in a manner that optimizes risk management, playing a pivotal role in working to close the gap between completing the onboarding of a new client and trading without positive netting and collateral enforceability rules being systematically in place. As a Firm, as part of our client onboarding process, we risk manage through agreeing the requisite positive netting and collateral enforceability contractual protections to ensure we have the legal right to net / enforce against our counterparties under various trading agreements, across all businesses. We lose the benefit of this analysis if we do not translate these efforts in to ensuring our internal systems accurately reflect these rights prior to the initiation of trading with new and existing counterparties.
OUR IMPACT
The team is responsible for providing outstanding service by engaging with clients, understanding their trading activity, regulatory obligations and business strategies. We handle all aspects of the relevant negotiation and are therefore an essential component in the creation and maintenance of a trading relationship.
PRIMARY RESPONSIBILITIES
Preferred Experience and Skills:
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 $85000-$100000. 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.', 'CorporateDescriptionStr' : '', 'OrganizationDescriptionStr' : '', 'ShortDescriptionStr' : 'The Goldman Sachs Group, Inc. is 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 high-net-worth individuals. The firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centres around the world. ', 'ContentLocale' : 'en', '