Global Banking & Markets Operations - Interest Rate Derivatives Middle Office - New York - Associate

About the role

The Interest Rate Product Sales and Trading Services team within Global Markets Divisional Operations provides risk management by facilitating the intraday processing and exception management of trade breaks both internally and externally for Interest Rate Derivatives. The team performs various operational reconciliations and works closely with legal, compliance, and other federation teams to interpret and implement key operational controls to support various Dodd Frank regulations.

Responsibilities

• Communicate with traders and salespeople in a fast-paced setting and interact with other Operations teams, Compliance, Credit, and Technology to resolve issues arising from trade execution, client queries, and new business.
• Drive workflow improvements across the organization.
• Identify key objectives for the organization and offer strategic vision and innovative ideas.
• Articulate issues clearly and communicate effectively with all levels of the organization.
• Understand complex situations and communicate with senior leadership 'in the moment,' offering opinions and solutions.
• Partner with global management team to provide effective oversight of key Interest Rate Derivatives functions.
• Challenge existing risk and control framework and the status quo to further reinforce the control environment.
• Provide guidance and advice from a risk and control perspective to ensure the proper remediation of risk arising from new products, business, migrations, etc.

Requirements

Desired Skills & Experience:

• Experienced Operations professional with deep technical operational expertise.
• Strong financial industry knowledge and experience.
• Proven track record as an agent of delivery and change, challenging existing processes to evolve businesses and industry to align with Operation’s Strategic objectives.
• Ability to identify client needs and optimize operational efficiency by offering innovative and tangible solutions.
• Proven ability to effectively manage operational risks and develop control enhancements.
• Ability to understand and articulate firm-wide risk impact of business decisions.
• Strong team player who collaborates readily with others within and across teams.
• Forward-thinking individual who anticipates questions, plans for contingencies, and identifies clear objectives.
• Innovative thinker who encourages others to participate and contribute, and acknowledges others' contributions.
• Capable of improving current processes and developing creative solutions that are grounded in reality and have practical value.
• Sees the big picture and keeps current with emerging business, economic, and market trends.

Qualifications

Preferred Qualifications:

• Sees the big picture and keeps current with emerging business, economic, and market trends.
• Works intensely towards extremely challenging goals and persists in the face of obstacles and setbacks.
• Collaborates readily with others within and across teams.
• Anticipates questions, plans for contingencies, and identifies clear objectives.
• Improves current processes and develops creative solutions that are grounded in reality and have practical value.
• Encourages others to participate and contribute, and acknowledges others' contributions.
• Sees the big picture and keeps current with emerging business, economic, and market trends.
• Works intensely towards extremely challenging goals and persists in the face of obstacles and setbacks.
• Collaborates readily with others within and across teams.
• Anticipates questions, plans for contingencies, and identifies clear objectives.
• Improves current processes and develops creative solutions that are grounded in reality and have practical value.
• Encourages others to participate and contribute, and acknowledges others' contributions.

Skills

Desired Skills & Experience:

• Deep technical operational expertise.
• Robust financial industry knowledge and experience.
• Initiative to broaden skill sets.
• Strong analytical skills.
• Effective time management, prioritization, and delegation.
• Ability to partner in the definition, review, and execution of the FICC Operations Strategy.
• Experience in enhancing the control environment through business intelligence-related initiatives.
• Experience in delivering creative solutions that are grounded in reality and have practical value.
• Ability to see the big picture and keep current with emerging business, economic, and market trends.
• Ability to anticipate questions, plan for contingencies, and identify clear objectives.
• Ability to improve current processes and develop creative solutions that are grounded in reality and have practical value.
• Ability to collaborate readily with others within and across teams.
• Ability to encourage others to participate and contribute, and acknowledge others' contributions.

Benefits

Goldman Sachs offers a comprehensive benefits package, including:

• Health insurance
• Retirement savings plans
• Flexible spending accounts
• Employee assistance programs
• Wellness programs
• Professional development opportunities
• Generous paid time off
• Flexible work arrangements
• Community involvement programs
• Disability and life insurance
• Subsidized meals and snacks
• On-site fitness centers
• Discounts on travel, dining, and entertainment
• Annual performance reviews
• Regular feedback sessions
• Training and development programs
• Flexible work schedules
• Parental leave
• Volunteer opportunities
• Comprehensive health and wellness programs
• Generous parental leave
• Flexible work arrangements
• Disability and life insurance
• Subsidized meals and snacks
• On-site fitness centers
• Discounts on travel, dining, and entertainment
• Annual performance reviews
• Regular feedback sessions
• Training and development programs
• Flexible work schedules
• Parental leave
• Volunteer opportunities
• Comprehensive health and wellness programs
• Generous parental leave
• Flexible work arrangements
• Disability and life insurance
• Subsidized meals and snacks
• On-site fitness centers
• Discounts on travel, dining, and entertainment
• Annual performance reviews
• Regular feedback sessions
• Training and development programs
• Flexible work schedules
• Parental leave
• Volunteer opportunities
• Comprehensive health and wellness programs
• Generous parental leave
• Flexible work arrangements
• Disability and life insurance
• Subsidized meals and snacks
• On-site fitness centers
• Discounts on travel, dining, and entertainment
• Annual performance reviews
• Regular feedback sessions
• Training and development programs
• Flexible work schedules
• Parental leave
• Volunteer opportunities
• Comprehensive health and wellness programs
• Generous parental leave
• Flexible work arrangements
• Disability and life insurance
• Subsidized meals and snacks
• On-site fitness centers
• Discounts on travel, dining, and entertainment
• Annual performance reviews
• Regular feedback sessions
• Training and development programs
• Flexible work schedules
• Parental leave
• Volunteer opportunities
• Comprehensive health and wellness programs
• Generous parental leave
• Flexible work arrangements
• Disability and life insurance
• Subsidized meals and snacks
• On-site fitness centers
• Discounts on travel, dining, and entertainment
• Annual performance reviews
• Regular feedback sessions
• Training and development programs
• Flexible work schedules
• Parental leave
• Volunteer opportunities
• Comprehensive health and wellness programs
• Generous parental leave
• Flexible work arrangements
• Disability and life insurance
• Subsidized meals and snacks
• On-site fitness centers
• Discounts on travel, dining, and entertainment
• Annual performance reviews
• Regular feedback sessions
• Training and development programs
• Flexible work schedules
• Parental leave
• Volunteer opportunities
• Comprehensive health and wellness programs
• Generous parental leave
• Flexible work arrangements
• Disability and life insurance
• Subsidized meals and snacks
• On-site fitness centers
• Discounts on travel, dining, and entertainment
• Annual performance reviews
• Regular feedback sessions
• Training and development programs
• Flexible work schedules
• Parental leave
• Volunteer opportunities
• Comprehensive health and wellness programs
• Generous parental leave
• Flexible work arrangements
• Disability and life insurance
• Subsidized meals and snacks
• On-site fitness centers
• Discounts on travel, dining, and entertainment
• Annual performance reviews
• Regular feedback sessions
• Training and development programs
• Flexible work schedules
• Parental leave
• Volunteer opportunities
• Comprehensive health and wellness programs
• Generous parental leave
• Flexible work arrangements
• Disability and life insurance
• Subsidized meals and snacks
• On-site fitness centers
• Discounts on travel, dining, and entertainment
• Annual performance reviews
• Regular feedback sessions
• Training and development programs
• Flexible work schedules
• Parental leave
• Volunteer opportunities
• Comprehensive health and wellness programs
• Generous parental leave
• Flexible work arrangements
• Disability and life insurance
• Subsidized meals and snacks
• On-site fitness centers
• Discounts on travel, dining, and entertainment
• Annual performance reviews
• Regular feedback sessions
• Training and development programs
• Flexible work schedules
• Parental leave
• Volunteer opportunities
• Comprehensive health and wellness programs
• Generous parental leave
• Flexible work arrangements
• Disability and life insurance
• Subsidized meals and snacks
• On-site fitness centers
• Discounts on travel, dining, and entertainment
• Annual performance reviews
• Regular feedback sessions
• Training and development programs
• Flexible work schedules
• Parental leave
• Volunteer opportunities
• Comprehensive health and wellness programs
• Generous parental leave
• Flexible work arrangements
• Disability and life insurance
• Subsidized meals and snacks
• On-site fitness