Global Banking & Markets Operations - RIA Custody Broker Ops - Salt Lake City-Associate
About the role
Registered Investment Advisors Custody Operations is seeking a highly motivated individual with excellent teamwork, organizational, technical, communication, and risk management skills. The ideal candidate should have a strong interest in financial markets and products and be able to operate effectively in a challenging and fast-paced environment. You will partner with the business and federation to facilitate business growth with a key focus on the risk and control around Registered Investment Advisors initiated investment products.
About the team
Operations is at the core of Goldman Sachs. For every trade agreed, every new product launched, or market entered, every transaction completed, it is Operations that enables business to flow. The Operations business partners with all areas of the firm to deliver banking, sales and trading, and asset management capabilities to clients around the world. Alongside this vital service delivery role, Operations provides essential risk management and control, preserving and enhancing the firm’s assets and its reputation.
FICC and Equities Operations provides client onboarding support, post-trade transaction services, and post-trade portfolio services for the Markets business. Our Client Coverage Group manages key client relationships to enhance the client experience front to back. We support the FICC and Equities businesses to develop and deliver new products, services, and markets.
Registered Investment Advisors Custody Operations is a new and growing area of the firm that provides a powerful platform for registered investment advisors to perform diversified investing and portfolio management with significant customization. We are a dynamic, entrepreneurial team with a passion for building digital capabilities for our rapidly growing client base.
Responsibilities
- Gain a comprehensive understanding of the trade lifecycle and process flows of Registered Investment Advisors initiated investment products: equities, fixed income, mutual funds, retirement products, etc.
- Partner with teams of brokerage, execution, and servicing experts to deliver top-notch client service while ensuring exposure risks are appropriately mitigated.
- Showcase your attention to detail and ability to manage several tasks at once.
- Identify processes and controls improvement by leveraging constantly evolving tools that can be used to build scalability without introducing new risks.
Requirements
- Bachelor’s degree
- 3-5+ years of professional experience
- Proven analytical skills, problem-solving ability, and a control mentality paired with meticulous attention to detail
- Aptitude for building relationships and ability to communicate complex issues to a wide array of internal clients with differing levels of product experience
- Self-motivated and proactive team player who takes ownership and accountability, has strong organizational skills, and the ability to effectively manage competing priorities
- Flexible and able to work well under pressure in a team environment
Preferred Qualifications
- Prior experience in banking, custody and clearing, or similar environment
- Familiarity with asset servicing, portfolio management, and/or clearing operations
- Operational knowledge of the custody and clearing business model and supported products, process flows, vendors, etc.
About Goldman Sachs
At Goldman Sachs, we commit our people, capital, and ideas to help our clients, shareholders, and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities, and investment management firm. Headquartered in New York, we maintain offices around the world.
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.