Job Description

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 Global Banking & Markets Loan Settlements team is seeking a driven professional who is looking to support our loan trading business across multiple revenue desks, collaborate across divisions and mitigate risk, all in a fast paced and demanding environment. The associate is expected to use their understanding of financial markets and products to manage a team that settles syndicated and distressed loan trades on behalf of the firm. 

OUR IMPACT 

Operations is a dynamic, multi-faceted area of the firm 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.

Loan Settlements is a high-value support and risk management team in Operations that is responsible for trade settlement and cash movement on a large portfolio of Bank Loans across several trading desks. 

HOW YOU WILL FULFILL YOUR POTENTIAL 

• Grow leadership skills through the oversight of the Loan Settlements team, which is responsible for validating trade documents, settlement of loan trades and all associated cash movement
• Develop your critical thinking by investigating and resolving transaction issues
• Cultivate your problem solving skills through managing and reviewing complex legal documents pertaining to the syndicated bank loan portfolio
• Build your communication skills through daily interactions with the firm’s external business counterparts, such as agent banks, clients and trading partners
• Showcase your ability to function as a team player in a highly collaborative environment while working closely with internal stakeholders such as the Business Groups, Middle Office, Strats, Legal, Tax, Controllers, Technology, etc. 
• Collaborate with Corporate Loan teams in New York, London, Bengaluru and Asia on initiatives supporting global markets
• Participate in industry initiatives facilitated by the Loan Syndication and Trading Association (LSTA)

SKILLS & EXPERIENCE WE’RE LOOKING FOR 

• Experience with various types of lending or debt products
• Capable of leading a team or providing oversight of processes and performance for other individuals
• Ability to work with trading counterparties and various internal teams to resolve cash and position discrepancies
• Adept at succinctly communicating issues and updates to senior managers
• Familiarity with regulatory reporting as it relates to the bank loans industry
• Meet KRIs and other performance and risk metrics as outlined by management
• Self-starter with the ability to manage multiple deliverables in a time-sensitive environment

BASIC QUALIFICATIONS

• Bachelor’s degree with a minimum of four years of experience in financial services
• Ability to lead and motivate others 
• 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 to a wide array of internal clients with differing levels of product experience
• Self-motivated and proactive team player, who takes ownership and accountability of projects, has strong organizational skills as well as the ability to effectively manage competing priorities
• Flexible and able to work well under pressure in a team environment

PREFERRED QUALIFICATIONS

• Financial or quantitative educational background

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

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