Global Banking & Markets Operations-New York-Analyst-Prime Margin Lending
Job Fit Check
Base Career helps you apply smarter for this job.
Key skills for this role
About the Role
BUSINESS UNIT OVERVIEW The Prime Margin Lending team sits within the Margin, Collateral Valuations Operations (MCVO) group and supports a broad array of businesses across Goldman Sachs including Prime Brokerage (PB), and Goldman Sachs Execution and Clearing (GSEC). The teams are responsible for monitoring to ensure that clients remain within exposure limits and ensuring that actions are taken to bring the client’s account back within their limit. The primary job responsibility is validating and ensuring all margin calls are issued on a timely basis, working closely with Business Partners to ensure all calls are met in a timely manner. There are also regulatory reporting obligations that are performed by the team daily, across businesses. We have Collateral Management (Cleared and non-cleared), Portfolio Reconciliation and Margin Lending which are part of MCVO sits within the Goldman Sachs Operations organization. A global, multi-faceted and cross product function, the primary obje
Key Skills for This Role
Full Job Posting
How You Will Fulfill Your Potential
An employee within MCVO will primarily be focused on the mitigation of counterparty credit risk through the performance of a number of operational processes.
They will be expected to perform these functions as well as demonstrating innovation and a proactive approach, highlighting inefficiencies, risks and implementing improvements.
In addition, they will also be expected to provide a high level of service to their clients.
The role will involve close interaction with a wide range of areas of the bank including Credit Risk Management, Legal and Compliance, Sales, Trading, Controllers, Middle Office, Client Representatives, Central Clearing Services and other Operations Departments.
As a result, the successful candidate will be required to possess strong communication skills.
SKILLS & EXPERIENCE WE’RE LOOKING FOR
- Functional Expertise - Keeps up-to-date with emerging business, economic, and market trends
- Technical Skills - Demonstrates strong technical skills required for the role, pays attention to detail, takes initiative to broaden his/her knowledge and demonstrates appropriate financial/analytical skills
- Drive and Motivation - Successfully handles multiple tasks, takes initiative to improve his/her own performance, works intensely towards extremely challenging goals and persists in the face of obstacles or setbacks
- Client and Business Focus - Effectively handles difficult requests, builds trusting, long-term relationships with clients, helps the client to identify/define needs and manages client/business expectations
- Teamwork – Gives evidence of being a strong team player, collaborates with others within and across teams, encourages other team members to participate and contribute and acknowledges others' contributions
- Communication Skills - Communicates what is relevant and important in a clear and concise manner and shares information/new ideas with others
- Judgment and Problem solving - Thinks ahead, anticipates questions, plans for contingencies, finds alternative solutions and identifies clear objectives. Sees the big picture and effectively analyses complex issues
- Creativity/Innovation - Looks for new ways to improve current processes and develop creative solutions that are grounded in reality and have practical value
- Influencing Outcomes - Presents sound, persuasive rationale for ideas or opinions. Takes a position on issues and influences others' opinions and presents persuasive recommendations
Basic Qualifications
- Strong numerical, analytical, and problem-solving skills
- The role is client facing so the employee will require strong communication skill and should be highly articulate with a strong appreciation of client service
- Flexible to manage differing challenges and ever-increasing complex nature of transactions
- Ability to learn quickly in a fast-moving environment. Team oriented approach to sharing workload and leverage skill sets
- Strong organizational skills and the ability to cope with rapidly changing priorities throughout the day are essential
- Strong attention to detail and multi-tasking skills to balance competing priorities and meet deadlines
- Ability to generate creative solutions to problems and challenge processes, be willing to dig into the detail to resolve issues
Preffered Qualifications
- Familiarity with Excel
- Evidence of experience working within Financial Services
Salary Range The expected base salary for this New York, NY, United States-based position is $70000-$95000.
In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.
Benefits
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience.
A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.
About Goldman Sachs
Goldman Sachs is a global investment banking, securities, and investment management firm. It provides a wide range of financial services including advisory, underwriting, lending, and asset management to corporations, governments, and individuals worldwide.
Visit company websiteJobs and hiring trendsApply for this job in 1 click
Skip the repetitive application forms
Install the Base Career Chrome Extension and autofill job applications across major job boards with your profile.
Trusted by over 500,000 job seekers on Base Career
More from this employer
More jobs at Goldman Sachs
Asset & Wealth Management, Private Equity GTM Value Creation, Senior Associate - New York
New York City, USA
Asset & Wealth Management, Private Equity GTM Value Creation, Senior Associate - New York
Corporate Planning & Management, Third Party Risk Management, Associate, Dallas
Dallas, USA
GBM - Private Dept-Dallas-Analyst-Loan Management & Due Diligence
Dallas, USA
The Loan Management team is a business unit within the Global Banking and Markets division, primarily supporting the Mortgage Loan Trading desk and Global Banking and Markets’ Real Estate Finance Group. The team is a mul
Asset & Wealth Management, Private Wealth Management, Advisor Practice Management, Vice President - New York
New York City, USA
AWM, Private Bank, Process & Procedure Group, Associate- Dallas
Dallas, USA
Asset & Wealth Management, Marketing: Head of US Institutional Marketing, Vice President
New York City, USA
Asset & Wealth Management, Private Wealth Advisor, Vice President, Washington DC
, USA
Executive Office, Government Affairs, Associate, Washington DC
, USA
Asset & Wealth Management, Private Equity GTM Value Creation, Senior Associate - New York
New York City, USA
Corporate Planning & Management, Third Party Risk Management, Associate, Dallas
Dallas, USA
GBM - Private Dept-Dallas-Analyst-Loan Management & Due Diligence
Dallas, USA
Asset & Wealth Management, Private Wealth Management, Advisor Practice Management, Vice President - New York
New York City, USA
AWM, Private Bank, Process & Procedure Group, Associate- Dallas
Dallas, USA
Asset & Wealth Management, Marketing: Head of US Institutional Marketing, Vice President
New York City, USA
Asset & Wealth Management, Private Wealth Advisor, Vice President, Washington DC
, USA
Executive Office, Government Affairs, Associate, Washington DC
, USA
