Operations - Portfolio Control Custody Rec - Associate - Bengaluru

Job Description

Operations - AMD Operations - Client Control & Services - Portfolio Control Custody Rec - Associate - BengaluruLocation(s) IN-KA-BengaluruJob ID 2021-86115 Schedule Type Full Time Level Associate Function(s) Operations Region India Division Operations Business Unit Enterprise Operations Employment Type Employee MORE ABOUT THIS JOB OPERATIONSOperations is a dynamic, multi-faceted division that partners with all parts of the firm to provide banking, securities, and asset management services to clients around the world. In addition, Operations provides essential risk management and controls to preserve and enhance the firms assets and its reputation. For every new product launched and every trade executed, it is Operations that develops and manages the processes and controls that enable business flow.YOUR IMPACTWe are looking for a professional who wants to use their skills and experience to help deliver on operations agenda while challenging themselves to further their career at Goldman Sachs.OUR IMPACTA career with Goldman Sachs Asset Management is an opportunity to help clients across the globe realize their potential, while you discover your own. As part of one of the world s leading asset managers with over $2 trillion in assets under supervision, you can expect to participate in exciting investment opportunities while collaborating with talented colleagues from all asset classes and regions, and building meaningful relationships with your clients. Working in a culture that values integrity and transparency, you will be part of a diverse team that is passionate about our craft, our clients, and building sustainable success. Bringing together traditional and alternative investments, Goldman Sachs Asset Management provides clients around the world with a dedicated partnership and focus on long-term performance. As primary investment area within Goldman Sachs, we provide investment and advisory services for pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors and individuals. RESPONSIBILITIES AND QUALIFICATIONS JOB SUMMARY & RESPONSIBILITIES

• Processing, controlling, confirming and settling the firm s and client s transactions to a high quality standard as well as internally generated transactions necessary to conduct business.
• Obtaining sound understanding of a wide range of financial products and markets as well as broad knowledge of our systems, with emphasis on life cycle, market practices and regulations.
• Responding promptly to client and counterparty inquiries, committing to deliverables as well as undertaking ad hoc investigation and analysis, where this is appropriate.
• Complying with internal controls, policies, procedures and appropriately escalating issues to senior management.
• Process analysis and contributing to the development of the methods to improve processes and in turn increase efficiency and scalability.
• Core Reconciliations Functions include the following:

• Daily Cash & Position Reconciliation with custodians & Prime Brokers.
• Daily Price/Position/Total Equity reconciliation for Futures and OTC derivatives products.
• Daily/Monthly Portfolio Market Value reconciliation with Fund administrators.
• Problem solving capability for complex trade flows, accounting issues and trade discrepancies
• Building relationships with external financial institutions (brokers, clearing houses, prime broker, custodians and fund administrator) to improve quality and productivity of work, integrating best practices as appropriate.
• Enhance workflows to ad-here to all regulatory requirements
• Maintain team procedures and provide regular management reporting to senior Operations managers

BASIC QUALIFICATIONS

• Bachelors / Undergraduate degree required (BA, BS, BBA, B.Com or equivalent).
• Knowledge of financial products, reconciliation function whether academically or professionally acquired.
• Strong communication skills both verbal and written.
• Demonstrate willingness to deep dive into an issue or problem to establish and address root cause. Attention to detail and interest in problem solving.
• Proven ability to effectively manage competing priorities and to work well under pressure in a team environment.
• Demonstrate strong team player skills. Effectively collaborate with others both regionally and globally.

SKILLS/EXPERIENCE REQUIRED

• Work experience in financial services.
• Comprehension of industry trends and platforms.
• Positive attitude and eagerness to learn.
• Lead by example to challenge status quo and look for innovative/creative ways to improve current processes and procedures.

ABOUT GOLDMAN SACHS ABOUT GOLDMAN SACHSAt 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. Were 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 . We re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https:// www.goldmansachs.com/careers/footer/disability-statement.html The Goldman Sachs Group, Inc., 2021. All rights reserved.Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender IdentityOptionsApplyApplyEmail a FriendEmail a Friend,

Keyskills :
internal controlsglobal investmentinvestment bankingfinancial productsmanagement servicesmanagement reportinginvestment managementfinancial institutionsfinancial justificationalternative investments