Interest Rate Derivatives Middle Office
Financial Services & BankingAdvertised as “Global Banking & Markets- Interest Rate Derivatives Middle Office – Associate - London”
Advertised as “Global Banking & Markets- Interest Rate Derivatives Middle Office – Associate - London”
The original posting with the fluff stripped out
OUR IMPACT
Operations is a dynamic, multi-faceted division that partners with all areas of the firm to deliver banking, sales and trading and asset management capabilities to clients around the globe. Alongside this integral service delivery role, Operations provides essential risk management and control, preserving and enhancing the firm’s assets and its reputation. Behind every trade executed, every new product launched, every market entered, and every transaction completed is an Operations team that develops the foundational processes and controls that make our business flow.
Within Global Markets Divisional Operations, the Interest Rate Product Sales and Trading Services team provides risk management by facilitating the intraday processing and exception management of trade breaks both internally and externally for Interest Rate Derivatives. Various operational reconciliations are performed on trade date and post trade date to ensure successful trade flow and books and records balancing. Additionally, the team works closely with legal, compliance and other federation teams to interpret and implement key operational controls to support various regulations such as Mandatory Clearing & Mandatory SEF execution clearing. The team also executes various projects aimed at gaining operational efficiency.
The team works closely with team members across regional offices in the Americas and Asia to facilitate the above functions. The team supports a cross section of products ranging from highly complex structured transactions to more vanilla cleared Interest Rate Derivatives.
YOUR IMPACT
A successful candidate will become part of the leadership team, collaborating with other managers and groups across the globe. There is a wealth of knowledge to be gained from the markets, events and products covered by Interest Rate Derivatives on a day-to-day basis, along with a unique opportunity to interact heavily with various businesses and operational units across the firm. The candidate will work directly with institutional clients, sales & trading desks, technology and other business partners to offer best in class client service, solve complex problems and influence change. This is a great opportunity for an analytical/client service individual to utilize their professional skills by controlling risks and driving efficiencies in a fast-paced environment.
CAREER DEVELOPMENT OPPORTUNITY
This role provides a fantastic opportunity to broaden product and market expertise and to develop management skills across a broad range of topics. This role also provides substantial exposure to senior stakeholders, offering excellent opportunities for career progression. The firm provides a range of development tools including Goldman Sachs University courses and a formal Feedback 360+ review process to enhance management effectiveness and equip individuals to progress in their careers. The candidate will be required to demonstrate strong product, industry, and technical knowledge to facilitate the transaction flow and to anticipate and avoid potential trade problems. This position requires a high degree of communication with traders and salespeople in a fast-paced setting and ongoing interaction with other Operations teams, Compliance, Credit, and Technology to resolve issues arising from trade execution, client queries, and new business. In addition, we are looking for a strong candidate that can help to drive workflow improvement across the organization.
DESIRED SKILLS & EXPERIENCE
We are searching for an experienced Operations professional to join the Interest Rate Derivative business unit in London. Responsibilities include:
Communications – Identify key objectives for the organization and offer strategic vision and innovative ideas
Functional & Technical Expertise -- Leverage deep technical operational expertise to drive strategic change across the front to back of the function and across the global organization
Innovation – Partner in the definition, review, and execution of the FICC Operations Strategy
Client Focus – Identify client needs and optimize operational efficiency by offering innovative and tangible solutions
ABOUT GOLDMAN SACHS
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