- Portfolio Control Reconciliations sits within Enterprise Operations and has primary responsibility of ensuring accuracy of GSAM s and Risk counterparts books of accounting
- By ensuring accuracy and timeliness of data, we facilitate the business in achieving desired objective for all aspects of account onboarding, portfolio accounting, cash management, client reporting
- These functions cover a wide range of clients and a complex product range, which include equities, fixed income, currency and derivatives
- The group supports portfolio managers, sales and client relationship professionals by providing accurate and timely positions and cash balance reporting and exception management and overseeing all aspects of operational risk across portfolios
- This involves extensive interaction with internal and external parties to ensure effective oversight for existing business and also to shape and implement solutions for new clients, GS s own funds, products, strategies, and system architecture
- The group continues to focus on best in-class client experience and working closely with the business to maintain and enhance client relationships
- You will obtain a comprehensive knowledge of products, markets and market related setups
- You will also drive initiatives and provide solutions that will have an impact on client experience, Regulatory requirements and risk mitigation
RESPONSIBILITIES
- Effectively execute and manage the daily processes and activities.
- Identify and mitigate risk appropriately. Ensure accuracy and high quality of work while escalating outstanding exceptions/issues to relevant stakeholders
- Coverage and oversight of custodian and fund administrators to maximize potential value delivery across the firm
- Develop an understanding of inter connectivity between teams and functions. Ensure processes and systems are continuously reviewed and improved
- Achieve results within the team that adhere to expectations around timeliness, quality and cost effectiveness
- Partner with stakeholders from various teams and regions including our Sales/trading, Technology and Compliance groups for issue resolution and process improvement
- Identify and lead on efficiency opportunities within the team, support regulatory changes, as well as new client and business requirements
- Participate/ lead the implementation of organization wide initiatives and projects in order to meet set goals
- Develop knowledge of industry trends, competitive landscape and capabilities to facilitate business, increase efficiencies, improve controls and enhance client experience
- Supporting Portfolio Managers, Fund Boards, and Controllers by providing accurate and timely fund account information and overseeing all aspects of support of each pooled vehicle
- Provide superior client service and front to back oversight for GSAM s pooled vehicle complex
- Ability to operate independently and effectively drive multiple initiatives
- Detail oriented with the ability to quickly identify and learn pertinent information across wide range of products.
PREFERRED QUALIFICATIONS AND SKILLS
- Bachelors/Master s degree with work experience in financial services.
- Positive attitude and eagerness to learn
- Strong numerical, analytical, technical and problem solving skills. Project management skills would be a value add
- Demonstrates excellent people and process skills
- Strong communication skills both verbal and written. Ability to create influence and impact
- 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
- Lead by example to challenge status quo and look for innovative/creative ways to improve current processes and procedures
- Fund/ NAV experience would be an advantage
- Knowledge of fund products (i.e., mutual funds and alternative investment funds) and regulatory environments would be beneficial
