Goldman Sachs

Operations - Global Markets Division - Portfolio Services - Asset Servicing - Vice President - Salt Lake City

Posted on: 27 Feb 2021

Salt Lake City, UT

Job Description

MORE ABOUT THIS JOB

OPERATIONS

Operations 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 firm's 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.

WHO WE ARE

Goldman Sachs is a leading global investment banking, securities and investment management firm that provides a wide range of services worldwide to a substantial and diversified client base that includes corporations, financial institutions, governments and high net-worth individuals. Founded in 1869, it is one of the oldest and largest investment banking firms in the world. The firm is headquartered in New York and maintains offices in London, Bangalore, Frankfurt, Tokyo, Hong Kong and other major financial centres around the world. We are committed to growing our distinctive culture and upholding our core values, which always place our client's interests first. These values are reflected in our Business Principles, which emphasise integrity, commitment to excellence, innovation and teamwork.

OUR IMPACT

Asset Servicing is a Global Markets Division business unit responsible for the management of Voluntary Income and Corporate Actions events across the globe for both equity and fixed income products. Areas of focus include event creation, reconciliation, instruction, entitlement distribution, and dedicated client service. Asset Servicing has a proven track record of developing its team members in a wide variety of functions and skill sets.

YOUR IMPACT

A successful candidate would focus on day-to-day processing within a regional team, collaborating with other groups across the globe, with the opportunity to work cross-function. There is a wealth of knowledge to be gained from the diversity of the markets, events and products covered by Asset Servicing on a daily basis, along with a unique opportunity to interact heavily with various businesses and operational units across the firm.

CAREER DEVELOPMENT OPPORTUNITY

This role provides a fantastic opportunity to broaden product and market knowledge and to develop processing skills across a broad range of topics. This role also provides exposure to senior stakeholders, offering excellent opportunities for career development. The firm provides a range of development tools including Goldman Sachs University courses and a formal Feedback 360+ review process to enhance depth of knowledge and to equip individuals to progress in their careers.

DESIRED SKILLS & EXPERIENCE

Communications

* Demonstrate interpersonal skills and an ability to develop relationships with stakeholders
* Contribute at team meetings, ask questions and actively listen to grasp information
* Understand when to post and share information appropriately to managers

Functional & Technical Expertise

* Navigate systems to perform day-to-day tasks and build technical expertise to resolve issues
* Exhibit ability to multi-task and prioritize to deliver accurate and timely work in a time pressured environment
* Possess superior organization skills with regards to project and day-to-day work
* Invest time in learning about the markets and products supported by Asset Servicing

Innovation

* Clearly articulate business issues and propose practical solutions
* Contribute to the execution of the team and organizations strategy
* Proven track record of taking initiative and implementing innovative solutions
* Develop good working knowledge of available technology capabilities and how and where to deploy them

Client Focus

* Identify client needs and appropriately manage client expectations in a timely manner
* Work to understand the foundations of great client experience and leverage available internal tools
* Establish, cultivate and leverage relationships to identify and execute on process enhancements

Risk Management

* Pay strong attention to detail and develop awareness of reputational risk and accountability
* Articulate operational and risk impacts related to a specific task or procedure
* Apply root cause analysis to identify opportunities for process improvements

Management, Leadership & Culture

* Play an active role in GS citizenship activities and seek leadership opportunities where possible
* Respond to and action ongoing feedback on a timely basis
* Take accountability for actions as part of the function
* Maintain awareness of and act in accordance with team goals and firm policies

PREFERRED QUALIFICATIONS

* Understands the broker dealer environment and the key associated market risks
* Works towards challenging goals and persists in the face of obstacles
* Strong team player who is flexible and seeks to help other team members
* Prior experience with Asset Servicing in a global market or another securities-related function
* Logical and proactive thinker with a reputation of great judgment
* Ability to work within a high-risk environment and meet challenging deadlines and targets
* Desire to understand the front-to-back of the function and how the role impacts the bigger picture

Goldman Sachs

New York, New York

The Goldman Sachs Group, Inc. operates as an investment banking, securities, and investment management company worldwide. It operates in four segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management. The Investment Banking segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, spin-offs, and risk management; and underwriting services, such as debt and equity underwriting of public offerings and private placements of various securities and other financial instruments, as well as derivative transactions with public and private sector clients.

The Institutional Client Services segment is involved in client execution activities related to making markets in cash and derivative instruments for interest rate products, credit products, mortgages, currencies, commodities, and equities; and provision of securities services comprising financing, securities lending, and other brokerage services, as well as the marketing and clearing of client transactions on various stock, options, and futures exchanges.

The Investing & Lending segment invests in and originates longer-term loans; and makes investments in debt securities and loans, public and private equity securities, and infrastructure and real estate entities, as well as provides unsecured and secured loans through its digital platforms. The Investment Management segment offers investment management services; and wealth advisory services consisting of portfolio management, financial planning and counseling, and brokerage and other transaction services. The company serves corporations, financial institutions, governments, and individuals. The Goldman Sachs Group, Inc. was founded in 1869 and is headquartered in New York, New York.

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