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Goldman Sachs

Commodities Sales & Trading Services - Analyst

1-5 Years
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  • Posted a month ago
  • Over 50 applicants
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Job Description

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 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.

Commodities Operations Team is responsible for ensuring the integrity and accuracy of risk undertaken by the Commodities Business globally. Team works very closely with Sales and Trading teams to facilitate all aspects of Operational Risk and Control Framework. The functions involve:

  • Matching of all trades
  • Performing trade checkout of exotic transactions
  • Facilitating new business
  • Drafting documents for executed trades
  • Confirming economic and legal terms of trades with clients electroncially and on paper
  • Settling trades

YOUR IMPACT

We are looking for a professional and dynamic individual with a strong interest in Commodities. The ideal candidate would be able to excel in a high-profile and fast paced team whose primary responsibilities include (i) partnering with the Commodities Sales and Trading Desks to ensure the integrity and accuracy of Derivative and Physical Trading risks undertaken by such businesses, as well as (ii) driving and implementing change to ensure we are optimally managing and monitoring risks, in an increasingly demanding and complex regulatory environment.

JOB SUMMARY & RESPONSIBILITIES

  • Develop a deep knowledge of commodities and derivative transactions
  • Find and resolve booking discrepancies across complex derivative businesses
  • Experience in Commodities Confirmations and/or Settlements process
  • Daily interaction with Trading & Sales to ensure discrepancies are resolved immediately
  • Engage with front office and technology to help facilitate the resolution of technical production issues
  • Manage, monitor and investigate reporting breaks and process failures; identify and implement corrective actions
  • Ensure that processes are continually reviewed and improved, risk is managed, and results are achieved that meet expectations for timeliness, quality and cost effectiveness within the department
  • Understanding of Commodities markets and products along with basic financial knowledge and terms
  • Key characteristics of Derivative Products (ex. expiration, strike, premium etc.)
  • High Level understanding of ISDA terms

BASIC QUALIFICATIONS

  • Bachelor s degree with competitive GPA
  • Proficient with Microsoft applications
  • Ability to demonstrate strong technical skills and keen attention to detail

PREFFERED QUALIFICATIONS

  • Demonstrated attention to detail in previous role on an ongoing basis
  • Experience in understanding and breaking down complex structured products would be a big plus
  • Team player with a collaborative style and strong interpersonal skills
  • Effectively handle difficult requests, build long-term relationships with the business and be able to manage expectations
  • Strong written and verbal communication skills with ability to be clear and concise
  • Self-starter who thinks ahead, anticipates questions, finds alternative solutions and identifies clear objectives
  • Able to successfully multi-task, work towards extremely challenging goals and persist in the face of obstacles
  • Able to adapt to changes and new challenges
  • Strong analytical and organizational skills, critical thinking, and an ability to suggest improvements and identify risks
  • Service orientation, sense of urgency, ability to manage internal clients expectations and professionalism

More Info

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Open to candidates from:
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About Company

Goldman Sachs Asset Management is one of the world’s leading investment managers. GSAM provides institutional and individual investors with investment and advisory solutions, with strategies spanning asset classes, industries, and geographies. We help our clients navigate today’s dynamic markets, and identify the opportunities that shape their portfolios and long-term investment goals. We extend these global capabilities to the world’s leading pension plans, sovereign wealth funds, central banks, insurance companies, financial institutions, endowments, foundations, individuals and family offices.
We provide innovative investment solutions to help our clients meet their financial goals. We work with client coverage and product teams around the globe to help our institutional and retail clients across various industries navigate changing markets and make smart investments. We value self-starters with an entrepreneurial spirit, but still provide the support and resources to ensure your success.

Job ID: 118585847