GBM - Public Dept - London - Associate - Margin, Collateral Valuations Operations

GBM - Public Dept - London - Associate - Margin, Collateral Valuations Operations Job Description

YOUR IMPACT

Goldman Sachs is a meritocracy where you will be given all the tools to help you develop. At Goldman Sachs, you will have access to excellent training programmes designed to improve multiple facets of your skills portfolio. Our in house training programme, 'Goldman Sachs University', offers a comprehensive series of courses that you will have access to as your career progresses. Goldman Sachs University has an impressive catalogue of courses which span technical, business and leadership skills training.

In order to help you navigate the organisation, you will be given a mentor from outside of your immediate department. This person will be positioned to provide you with objective advice and guidance on your career development.

We value internal mobility. The chance to take on new challenges in the firm over time will ensure that you remain stimulated and will help in your continued professional and personal development.

BUSINESS UNIT OVERVIEW

Collateral Management (Cleared and non cleared), Portfolio Reconciliation, Margin Lending and Ready to Margin are part of Margin, Collateral Valuations Operations (MCVO) which sits within the Goldman Sachs Operations organization. The department's primary objective is the mitigation of counterparty credit risk through the active monitoring of clients' derivative, prime brokerage, GS execution & clearing, derivatives clearing and securities financing portfolios. The Bangalore MCVO team works in close partnership with teams in New York, London, Singapore and Salt Lake City.

JOB SUMMARY AND RESPONSIBILITIES

An employee within MCVO will primarily be focused on the mitigation of counterparty credit risk through the performance of a number of operational processes. They will be expected to perform these functions as well as demonstrating innovation and a proactive approach, highlighting inefficiencies, risks and implementing improvements. In addition, they will also be expected to provide a high level of service to their clients.

The role will involve close interaction with a wide range of areas of the bank including Credit Risk Management, Legal and Compliance, Sales, Trading, Controllers, Middle Office, Client Representatives, Central Clearing Services and other Operations Departments.

Some specific set of responsibilities are:

• Review and analyze ISDA Master Agreements, CSAs, and other master documentation, identifying material clauses and key risk terms.
• Translate complex legal language into structured data, capturing terms (simple to highly structured) into our Credit, Legal, and Margin systems.
• Serve as the review and approval checkpoint before terms flow into downstream pricing, confirmation, collateral, and regulatory platforms.

Client Onboarding & Settlement Setup

• Own the setup of client Standard Settlement Instructions (SSIs) for cash and securities, including Alert, Non Alert, third party, and tri party custodian accounts.
• Configure collateral accounts and work across platforms such as Acadia and TriOptima.

Cross Functional Partnership

• Collaborate with Legal, Credit, Middle Office, Trading, Sales, Corporate Treasury, and Risk to resolve issues and unlock opportunities.
• Partner with Engineering to resolve system breaks and drive scalable enhancement.
• Identify operational risks and design robust controls to mitigate them.
• Ensure prompt resolution of regulatory exceptions (UMR, FINRA, SEC, and more).
• Streamline workflows, build metrics with the global team, and contribute to new product reviews to ensure scalable support.

SKILLS / RELEVANT EXPERIENCE

• Derivatives documentation experience - Ops documentation, drafting, middle office, or derivatives legal background.
• Strong familiarity with ISDA Master Agreements, schedules, and NY/UK law CSAs.
• Ability to deconstruct legal documentation into operational data components.
• Solid understanding of regulations such as UMR, FINRA, and Brexit related changes and their margining implications.
• Skill in tracing data flows across systems to diagnose and resolve breaks.
• Hands on experience with AcadiaSoft, TriOptima, SSI setup (Alert/Non Alert), and tri party custodian onboarding.
• Detail obsessed with a zero defect mindset.
• Strong control orientation and sound judgment on when to escalate.
• Excellent verbal and written communication - comfortable drafting documentation and engaging internal stakeholders.
• A self starter who thrives both independently and as part of a collaborative global team.
• Skilled at multitasking, prioritizing, and continuously learning.

COMPETENCIES

Functional & Technical Excellence

• Stay ahead of the curve - keep pace with evolving business, economic, and market trends that shape our industry.
• Bring strong technical and analytical skills, an eye for detail, and the initiative to continuously deepen your expertise.

Drive & Ownership

• Juggle multiple priorities with energy and focus.
• Set ambitious goals, push through obstacles, and take ownership of your own growth and performance.

Client & Business Focus

• Build trusted, long term relationships with internal and external clients.
• Navigate difficult requests with poise, help clients articulate their needs, and set clear expectations.
• Be the kind of teammate others want to work with - collaborative across teams, inclusive of diverse voices, and quick to recognize others' contributions.
• Cut through complexity and communicate what matters - clearly, concisely, and with purpose.
• Share knowledge and ideas generously across the organization.

Judgment & Problem Solving

• Think ahead - anticipate questions, plan for contingencies, and identify alternative solutions.
• See the big picture while dissecting complex issues with rigor.

Creativity & Innovation

• Challenge the status quo. Look for smarter ways to work and design creative, practical solutions that deliver real value.
• Build persuasive, well reasoned cases for your ideas.
• Take a stand on the issues that matter and influence outcomes through sound rationale and credible recommendations.

Goldman Sachs is an Equal Employment Opportunity Employer and does not discriminate in employment on the basis of age, race, colour, gender, national origin, disability, veteran status, or any other basis that is prohibited by applicable law.

Locations

• London, Greater London, England, United Kingdom