Operations – Securities Division Operations – Prime Brokerage & Clearing Operations – Custody Services– VP Manager – Salt Lake City

Location(s) US-UT-Salt Lake City
Job ID
2021-86451
Schedule Type
Full Time
Level
Vice President
Function(s)
General
Region
Americas
Division
Operations
Business Unit
Prime Brokerage & Clearing Ops
Employment Type
Employee

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.

RESPONSIBILITIES AND QUALIFICATIONS

Operations – Securities Division Operations – Prime Brokerage & Clearing Operations – Custody Services– VP Manager – Salt Lake City

 

YOUR IMPACT

Your role with Prime Brokerage Operations provides opportunities to excel at serving our institutional client base. Through ensuring accurate processing of trades, and cash & asset transfers, and supervising teams handling client inquiries, you are directly engaged in servicing the critical capital needs of many of the world’s largest global hedge funds.

OUR IMPACT

Operations is a dynamic, multi-faceted division that partners with all parts of the firm to deliver banking, sales and trading and asset management capabilities to clients around the world. In addition, Operations provides essential risk management and control to preserve and enhance the firm’s assets and its reputation. For every trade agreed, every new product launched or market entered, every transaction completed, it is Operations that develops the processes and controls that makes business flow.

Custody Services is responsible for providing centralized asset transfer services to Prime Brokerage and Prime Clearing clients, and for maintaining the integrity of our books and records. Our success is derived from a combination of thoughtful process design, operational efficiency and adherence to Controls and risk management principles. We excel at finding commercial solutions that meet our clients’ needs without compromising risk and control.

HOW YOU WILL FULFILL YOUR POTENTIAL

  • The team you will supervise is responsible to:
    • Work directly with clients, client services teams in the Securities Division, and Margin Lending Operations to ensure accounts are fully funded and proper client authorization is received for all asset transfers
    • Find answers to client queries and solutions for issues that arise daily
    • Work closely with Treasury Operations on cash settlement to minimize settlement delays for clients, and to mitigate the impact of large client transfers to firm funding projections
    • Analyze and improve processes and procedures with an eye for reducing risk and eliminating repetitive effort
    • Help influence client behavior to achieve superior operational and client service outcomes
    • Develop a detailed understanding of the internal and external mechanics of asset transfers, i.e. cash and securities settlements across global markets
  • You will be responsible for ensuring accuracy and completeness for the above tasks, as well as for partnering with Engineering, Client Services, and our clients to design and implement process improvements to improve the client experience and increase efficiency within the team.

SKILLS & EXPERIENCE WE’RE LOOKING FOR

BASIC QUALIFICATIONS

  • Minimum of a Bachelor’s degree
  • Must be comfortable presenting complex information in a structured and concise manner, and be able to work in a fast paced environment with multiple processing deadlines throughout the day
  • Razor-sharp attention to detail paired with prudent risk aversion and control-forward thinking
  • Constant drive to implement process improvement and challenge inefficiencies
  • Strong interpersonal skills and ability to work well with a team
  • Ability to communicate clearly and concisely with senior stakeholders, manage projects and initiatives, influence others to drive consensus, and implement change in a consensus driven environment

 

PREFERRED QUALIFICATIONS

  • Experience supervising a team of 5-15 people with demonstrated ability to delegate task and display ownership of deliverables
  • Experience coaching and mentoring a team, including providing clear continuous feedback to motivate and improve performance
  • Proficiency in Microsoft Excel, specifically pivot tables, look up functions, and general data analysis

 

ABOUT GOLDMAN SACHS

ABOUT GOLDMAN SACHS


At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.

We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.

We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html



© The Goldman Sachs Group, Inc., 2021. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity