Global Banking & Markets Operations-Salt Lake City-Vice President-Securities Settlements and Inventory Management Ops in Salt Lake City, UT at honor foundations

Date Posted: 12/17/2024

Job Snapshot

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.

BUSINESS UNIT OVERVIEW

Securities Settlements Operations provides operational support for multiple businesses including (but not limited to) Trading, Sales, Investment Banking, Private Wealth, etc. covering functions including Inventory & Liquidity Management, Settlements, Exception management and Reporting, and Strategic Projects.  We support our international client base across global markets.

Traders & Clients execute Buy & Sell transactions in all major markets, with increasing presence within emerging markets. Upon Settlement Date, trades need to be matched and inventory made available to ensure successful exchange of securities and cash. 

Securities Settlements Operations globally is located in London, Dallas, Salt Lake City, Singapore and Bengaluru.  The department’s key priorities are to mitigate risk, provide exceptional client service and drive strategic change.

RESPONSIBILITIES

The position available is within the Securities Settlements Operations team. Key stakeholders and interactions will be with GS Trading and Sales Desks, Engineering and Operations Teams, Treasury, Legal, Compliance and external counterparties.

Your responsibilities will include:

  • Developing and maintaining strong relationships with all stakeholders – Business, Engineering, Operations and Treasury. Actively engage, partner and drive changes, provide excellent service and support.
  • Ensuring transactions are delivered in a timely manner (in line with SLAs).
  • Monitoring Key Risk Indicators and ensuring they are at or below agreed levels
  • Proactively managing operational risk inherent in business.
  • Ensuring all operational risk/issues are identified and mitigated appropriately and proactively.
  • Ensuring adequate operational controls to manage non generic business.
  • Completing and overseeing daily checklist ensuring all controls, procedures and processes relating to the assigned functions are followed
  • To act as a change agent solving problems at root cause whilst also taking / making opportunities to automate flows
  • Consistently striving to identify opportunities to reduce risk, manual processing, improving client experience and being commercially effective

Securities Settlements Operations has the benefit of being located in the nucleus of an investment bank so the exposure and interaction that you will gain will be vast.  The team will interface with global teams across divisions. The team acts as a change agent, by improving processes and procedures and contribute meaningfully to the overall strategy of the organization.

In depth on the job training will be provided, backed up with on-going support and oversight as you will be responsible for an important function within the team. The role is ideal for a candidate who wants experience of a variety of Securities Settlements functions. 

SKILL / EXPERIENCE

MANDATORY

  • We are looking for an enthusiastic and committed individual who is looking to operate in a dynamic working environment where communication and teamwork skills are essential. 
  • Exceptional client service and relationship building are required to interact with our clients and the team. 
  • The candidate should have a control focus and be achievement orientated to produce results to ensure that all risk is mitigated. 
  • The candidate should have experience in leading line teams which perform same day deadline driven tasks

PREFERRED

  • Work experience in a securities settlements, inventory management, trade support or securities middle office role for 4-6 years
  • Experience of playing a leading role in a team providing task supervision, support and training to more junior members.
  • Equities Industry and market knowledge would be an advantage. 

QUALIFICATIONS

  • Undergraduate Degree educated candidate would be preferred.

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

', 'CorporateDescriptionStr' : '', 'OrganizationDescriptionStr' : '', 'ShortDescriptionStr' : 'Securities Settlements Operations provides operational support for multiple businesses including (but not limited to) Trading, Sales, Investment Banking, Private Wealth, etc. covering functions including Inventory & Liquidity Management, Settlements, Exception management and Reporting, and Strategic Projects.  We support our international client base across global markets.Traders & Clients execute Buy & Sell transactions in all major markets, with increasing presence within emerging markets. Upon Settlement Date, trades need to be matched and inventory made available to ensure successful exchange of securities and cash. ', 'ContentLocale' : 'en', '