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. 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.
BUSINESS UNIT OVERVIEW Securities Lending Operations provides operational support for the Securities Lending Business covering functions including Collateral Management (Account Management and Agency Lending), Inventory Management (Settlements), Trade Support, Billing and Strategic Projects. Traders execute Borrow and Loan transactions in all major markets, with increasing presence within emerging markets. Upon settlement, trades are collateralized (tri-party & bi-lateral) using a variety of products; Equities, Cash, Bonds, US Treasuries, Letter of Credit (LOC) by Operations. Securities Lending Operations globally is in London, Salt Lake City, Singapore, Bangalore and New York. The department’s key priorities are to mitigate risk, provide exceptional client service and drive strategic change.
The opportunity is for a highly motivated individual to join the Securities Lending Operations team in London to work in a dynamic team and provide contribution to both individual and group settings. The successful candidate will also be expected to proactively contribute towards continued improvements in control, operational efficiency and industry initiatives.
SKILL / EXPERIENCE Key stakeholders and interactions will be with GS Trading and Sales Desks, Engineering and Operations Teams, Credit, Legal, Corporate Treasury Compliance and external counterparties.
Your responsibilities will include:
- Developing and maintaining strong relationships with all stakeholders - GS Trading and Sales Desks, Engineering and Operations Teams, Credit, Legal, Corporate Treasury Compliance and external counterparties. Actively engage, partner and drive changes, provide excellent service and support.
- Demonstration of strong risk management practices
- Keen to learn and understand the Trade Support & lifecycle management of securities
- Ability to analyse, evaluate and form independent judgments
- Ability to build relationships with people from other teams and levels of seniority
- Self starter with good commercial perspective
- Strong analytical, organizational and interpersonal skills
- Proven track record of process change management
- Ability to work on multiple tasks
- Strong team player
- Strong verbal and written communication skills
- Experience of vendor platforms (Equilend/Pirum) would be an advantage
DEVELOPMENT PROSPECTS Securities Lending Operations has the benefit of being located in the nucleus of an investment bank so the exposure and interaction that the successful candidate will gain will be vast. The successful hire will interface with global team across divisions. The successful candidate will be expected to act as a change agent, by improving processes and procedures and contribute meaningfully to the overall strategy of the organisation.
In depth on the job training will be provided, backed up with on-going support and over sight as the candidate will be responsible for an important function within the team. The role is ideal for a candidate who wants experience of a variety of Securities Lending functions.
