Global Banking & Markets Operations - IRP Confirmations - Associate - Bengaluru in Bengaluru at honor foundations

Date Posted: 1/7/2025

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Bengaluru
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    1/7/2025

Job Description

GLOBAL BANKING & MARKETS

We make markets in and clear client transactions on major stock, options and futures exchanges worldwide. Through our global sales force, we maintain relationships with our clients, receiving orders and distributing investment research, trading ideas, market information and analysis.

OPERATIONS

Operations is a dynamic, multi-faceted segment 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.

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 CDG (Confirmation Drafting Group) is primarily responsible for the drafting of the legal confirmations on OTC (over the counter) trades booked for the Interest Rates Derivatives business. This involves the daily monitoring of outstanding trades covering a wide range of IRP businesses and products.

JOB SUMMARY AND RESPONSIBILITIES

Critical functions to be performed are listed below: 

  • Generate Trade Legal Confirmation to match the intention of the trade by reviewing the Trade booking and Trade recap.
  • Develop a deep knowledge of Interest Rates and derivative transactions.
  • Experience in Interest Rates Derivative and/or Derivative process.
  • Daily interaction with Trading & Sales to ensure discrepancies are resolved immediately.
  • Engage with front office and technology to help facilitate the resolution of technical production issues.
  • Ensure that processes are continually reviewed and improved, risk is managed, and results are achieved that meet expectations for timeliness, quality and cost effectiveness within the department
  • Review and send Start of Day and End of Day reports to senior management.
  • Escalate outstanding trades in Critical category risk to senior management.
  • Understanding of Interest Rates markets and products along with basic financial knowledge and terms.
  • High Level understanding of ISDA Terms and Definitions       

BASIC QUALIFICATIONS 

  • Bachelor's degree with a minimum of 4-8 years of experience in financial services
  • Candidate must be comfortable in a high-pressured environment
  • Proven analytical skills, problem solving ability, and attention to detail
  • Aptitude for building relationships, along with the ability to communicate complex issues to a wide array of internal and external clients with differing levels of product experience
  • Excellent written, communication and presentations skills
  • Integrity and passion for working in a competitive environment
  • Self-motivated and proactive team player who takes ownership and accountability of projects & tasks, has

    strong organizational skills and effectively manages competing priorities

PREFERRED QUALIFICATIONS

  • Prior experience with OTC Derivatives Documentation, preferably with experience in Interest Rates

    Products, FX, Credit Derivative

  • Proficiency using the Microsoft Office Suite, including Excel, PowerPoint and Microsoft Word

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., 2025. All rights reserved.

Goldman Sachs is an equal employment/affirmative action employer

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