Global Banking & Markets Operations - Loan Servicing and Settlements - Associate - Bengaluru in Bengaluru at honor foundations

Date Posted: 12/26/2024

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Bengaluru
  • Job Type:
  • Experience:
    At least 3 year(s)
  • Date Posted:
    12/26/2024

Job Description

GLOBAL BANKING & MARKETS - INVESTMENT BANKING

We pride ourselves in our resourcefulness and work on a variety of initiatives. On any given day, our work could include advising a company on a cross-border merger, structuring the initial public offering of a subsidiary, refinancing an outstanding bond and more.

As a division, our strategic objectives include:

  • To be the world’s preeminent investment bank – trusted advisor, financier and risk manager for our clients on their most important transactions
  • Build long-term relationships with clients and bring them world-class execution by “delivering the firm” over time
  • Drive superior returns for our stakeholders
  • Be the employer of choice for all career levels by providing a highly dynamic, meritocratic, diverse and rewarding workplace

OPERATIONS

Operations is a dynamic, multi-faceted function 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. IBD Loan Servicing is a high-value support and risk management team in Operations that is responsible for life cycle events and cash movement on a large portfolio of Bank Loans (Par, Distressed and Trade Claims) across several revenue divisions. 

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 functional processes managed by the Servicing Team are primarily aligned to the loan life cycle: from Origination; Initial Commitment to the loan; Trade Settlement; Drawdown/funding; Scheduled/Unscheduled Pay-downs; reconciliation of cash/position breaks; as well as the ongoing management of information related to our portfolio of loans.  

This role provides a high level of interaction with revenue desks, sales, external agents, as well as exposure to compliance, credit, regulatory teams, treasury, technology, and other Operations areas to ensure we provide excellent client service to our wide client base. 

JOB SUMMARY AND RESPONSIBILITIES

Gain a comprehensive understanding of the bank loan business through servicing a portfolio of syndicated corporate bank debt.

  • Develop your critical thinking competency by investigating and resolving transactional exceptions.
  • Coordinate with business, product control and middle office to resolve issues in a timely manner.
  • Manage risks related to specific processes and identify any deviations from established policies and procedures.
  • Contribute to automation of functions, de-risking processes and streamlining of complex processes. 
  • Enhance your industry knowledge through settlement of complex loan trades.
  • Cultivate your problem-solving skills through managing and reviewing complex legal documentation pertaining to syndicated loans.
  • 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 Business Groups, Legal, Tax, Controllers, Technology, Compliance, etc. 
  • Collaborate with Global teams in New York, Dallas, London, Bengaluru, and Asia on initiatives supporting the loans market.
  • Participate in industry initiatives facilitated by the Loan Syndication and Trading Association (LSTA) & Loan Market Association(LMA)

BASIC QUALIFICATIONS

  • Bachelor’s degree in a finance related field preferred
  • Minimum Loan Servicing (Syndicated Loans) Experience of 3 years & total experience of 4 – 7 years
  • 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 within a team environment.

PREFERRED QUALIFICATIONS 

  • Financial or quantitative educational background

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.

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