Global Banking & Markets Operations, Commodities Operations, Natural Gas & US Power Trade - Associate - New York

Documentation

• Daily responsibilities relating to onboarding of new structured transactions through reviewing trade documentation, performing trade checkouts and working with a variety of internal teams to integrate the transaction into the functional groups.
• Providing support to traders, sales and marketers around existing transactions and new business.
• Onboarding new transactions and understanding new commodities business opportunities.

Settlements

• Daily monitoring of payments and receipts, invoicing clients and the daily reconciliation of customer account balances for physical transactions covering structured US power and North American natural gas products.
• Responsible for the creation and review of structured excel models that facilitate business support and reconciliations of structured transactions.
• Responsible for performing some regulatory reporting functions with respect to the US Power and Natural Gas business.
• Daily interaction with Traders, Sales, Technology, Legal, Strategists and other Operational departments.

Preparation and Review

• Preparation and review of escalation and control reports.

Qualifications

• Technical & analytical focus with attention to detail.
• Proactive, self-starting individual with high levels of ownership.
• Ability to work well under pressure and meet deadlines.
• Teamwork skills.
• Demonstrate risk & control focus.
• Advanced Excel/VBA macro knowledge.
• Strong time management skills and ability to work well under pressure and with competing tasks.

About Goldman Sachs

We are a leading global investment banking, securities and investment management firm. Founded in 1869, we are committed to fostering and advancing diversity and inclusion in our own workplace and beyond. We are an equal opportunity employer and do not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.

Pay

The expected base salary for this New York, New York, United States-based position is $80000-$135000. 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.