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Goldman Sachs Asset Wealth Management Division – Investment 
United States, New York, New York 
476042570

28.03.2024

ASSET & WEALTH MANAGEMENT

AWM Operations delivers asset management and wealth management capabilities to clients around the world. We are a multi-faceted group that partners with all areas of the AWM Division to support evolving markets and business requirements. Alongside that vital service delivery role, AWM Operations provides essential risk management and control. 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.

The role involves building strong internal relationships with key contacts within the AWM business, compliance, legal and other operations teams; as well as the opportunity to work closely with our external dealers. The ability to manage multiple deliverables, prioritise, meet deadlines and communicate to all levels of the organisation is critical to this role. Ability to navigate legal documents as well as local regulatory requirements is key skills for this role.


HOW YOU WILL FULFILL YOUR POTENTIAL

  • This is a highly interactive role and as such requires the capability to work effectively with a diverse range of professionals both internally and externally, covering a wide variety of products and functions.
  • Work with external dealers to provide the necessary documentation and information to allow them to conduct credit review and open derivative trading lines
  • Partner with trading desks to understand investment and trading strategies to be able to provide suitable trading line coverage
  • Work closely with Legal, once they negotiate legal documents to support the operational set up of accounts with trading counterparties
  • Build a comprehensive understanding of the GSAM legal documents and structure – e.g. IMAs, ISDAs, GMRAs, FCMs
  • Identify potential risks in operational processes; develop and implement controls to mitigate risk
  • Analyse, suggest and execute process improvements
  • Coordinate controls and sign-offs both internally and externally
  • Managing relationships with key trading counterparts including performance metrics and issue tracking

SKILLS & EXPERIENCE WE’RE LOOKING FOR

BASIC QUALIFICATIONS

  • Bachelor’s degree from a four-year college or university
  • Minimum of 5 to 7 years of experience specifically within the asset management or financial services industry
  • Proven analytical skills, problem solving ability, and a control mentality paired with meticulous attention to detail
  • Excellent project management skills and ability to multi-task on competing priorities
  • Ability to thrive in a fast-paced, collaborative environment
  • Aptitude for building relationships and ability to communicate complex issues to a wide array of stakeholders with varying levels of product experience
  • Self-motivated and proactive team player with a positive attitude, who takes ownership and accountability of projects, has strong organizational skills as well as the ability to effectively manage competing priorities.

PREFERRED QUALIFICATIONS

  • Knowledge of derivatives products
  • Experience with relationship management, across both Clients and Vendors
  • Sound understanding of Risk – operational, reputational, client confidentiality
  • Deep understanding of operations with appreciation for processes and controls
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.

Salary Range
The expected base salary for this New York, New York, United States-based position is $100000-$235000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.