At a Glance
- Tasks: Support structured finance deals, manage trade lifecycles, and handle client queries.
- Company: Goldman Sachs is a leading global investment banking and securities firm with a commitment to diversity.
- Benefits: Enjoy training opportunities, wellness programs, and a culture that values personal growth.
- Why this job: Join a dynamic team, collaborate across departments, and make an impact in the finance world.
- Qualifications: Bachelor’s degree and 1 year of operations support experience; strong analytical skills required.
- Other info: Opportunities for automation projects and continuous improvement initiatives.
The predicted salary is between 36000 - 60000 £ per year.
Opportunity Overview
CORPORATE TITLE: Associate
OFFICE LOCATION(S): London
JOB FUNCTION: Settlements
DIVISION: Global Banking & Markets
YOUR IMPACT
We are looking for a professional and dynamic individual. The ideal candidate would be able to navigate the unknown, and collaborate with groups across the firm, including the Business and other core Support areas to problem solve effectively and offer solutions. They would have a keen eye for detail and an eagerness to learn, with a key focus on contract review vs trade capture and settlement support of structured finance transactions.
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 make business flow. The Physical Commodities Operations team is responsible for the ongoing operational support of the Structured Finance and Sustainable Solutions Businesses in Europe. The team works very closely with our Logistics, Sales and Trading, Strategists, Technology, and Legal teams to facilitate and understand new and existing physical commodity products.
HOW YOU WILL FULFILL YOUR POTENTIAL
- Business Engagement: Partner closely with the desk on all new structured finance deals providing pre-execution support.
- Trade lifecycle support: Daily responsibilities relating to the onboarding of new and ongoing management of the structured physical business including desk support, trade checkouts, contract reviews, and settlements for various physical products.
- Daily interaction with Traders, Sales, Technology, Legal, Strategists, and other Operational departments.
- Daily management of Client queries related to settlements and invoices and monthly fee calculations.
- Preparation and review of escalation and control reports.
- Strategic projects to aid continuous improvement efforts through automation and simplification of our existing flows.
SKILLS & EXPERIENCE WE’RE LOOKING FOR
Basic Qualifications
- Bachelor’s degree with a minimum of 1 year of experience in an operations support role, project/franchise management role, or similar.
- Technical & Analytical Focus with attention to detail.
- Proactive, self-starting individual with high levels of ownership.
- Ability to work well under pressure and meet deadlines.
- Strong time management skills and ability to work well under pressure and with competing tasks.
Preferred Qualifications
- Advanced Excel Skills preferred.
- Physical Commodity knowledge.
- Project Management.
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: Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.
Global Banking & Markets - Structured Finance Physical Commodity Operations - Associate- London[...] employer: Goldman Sachs Bank AG
Contact Detail:
Goldman Sachs Bank AG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Global Banking & Markets - Structured Finance Physical Commodity Operations - Associate- London[...]
✨Tip Number 1
Familiarise yourself with the structured finance and physical commodities sectors. Understanding the nuances of these areas will not only help you in interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals already working in Global Banking & Markets. Attend industry events or connect on platforms like LinkedIn to gain insights and potentially get referrals that could boost your application.
✨Tip Number 3
Brush up on your Excel skills, especially if you have advanced knowledge. Being able to showcase your technical abilities during discussions can set you apart from other candidates.
✨Tip Number 4
Prepare for situational questions that assess your problem-solving skills and ability to work under pressure. Think of examples from your past experiences where you successfully navigated challenges in a team setting.
We think you need these skills to ace Global Banking & Markets - Structured Finance Physical Commodity Operations - Associate- London[...]
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly read the job description. Understand the key responsibilities and required skills for the Associate position in Structured Finance Physical Commodity Operations at Goldman Sachs.
Tailor Your CV: Customise your CV to highlight relevant experience in operations support, project management, or similar roles. Emphasise your analytical skills, attention to detail, and any experience with physical commodities.
Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the company. Mention specific experiences that demonstrate your ability to work under pressure, manage time effectively, and collaborate with various teams.
Highlight Relevant Skills: In your application, be sure to mention any advanced Excel skills, project management experience, and your proactive approach to problem-solving. These are key attributes that Goldman Sachs is looking for in candidates.
How to prepare for a job interview at Goldman Sachs Bank AG
✨Showcase Your Analytical Skills
Given the technical and analytical focus of the role, be prepared to discuss your experience with data analysis and problem-solving. Highlight specific examples where you've successfully navigated complex situations or improved processes.
✨Demonstrate Attention to Detail
Since the position involves contract reviews and trade capture, emphasise your keen eye for detail. You might want to share instances where your attention to detail made a significant difference in your previous roles.
✨Prepare for Scenario-Based Questions
Expect questions that assess how you would handle real-world scenarios related to structured finance and commodity operations. Practise articulating your thought process and decision-making skills in these situations.
✨Familiarise Yourself with Physical Commodities
Having knowledge about physical commodities will give you an edge. Brush up on relevant concepts and be ready to discuss how they relate to the operations and settlements processes in your interview.