At a Glance
- Tasks: Join a dynamic team managing complex financial processes and mitigating credit risk.
- Company: Goldman Sachs, a leading global investment banking firm with a diverse culture.
- Benefits: Competitive salary, wellness programs, generous vacation, and professional development opportunities.
- Why this job: Make an impact in the fast-paced world of finance while developing valuable skills.
- Qualifications: Strong analytical skills, client-facing communication, and a team-oriented mindset.
- Other info: Opportunities for career growth in a supportive and innovative environment.
The predicted salary is between 36000 - 60000 £ per year.
The Margin, Collateral Valuations Operations (MCVO) Analyst sits within the Goldman Sachs Global Market Operations organization comprising of Collateral Management (Cleared and Uncleared), Portfolio Reconciliation and Margin Lending. A global, multi-faceted and cross product function, the primary objective of the department is the mitigation of counterparty credit risk through the active monitoring of clients’ bilateral derivative, prime brokerage, GS execution & clearing, derivatives clearing and securities financing portfolios.
The London MCVO team works in close partnership with teams in New York, London, Bengaluru, Singapore, Warsaw & Salt Lake City. Products supported include foreign exchange, commodities, credit, equity, interest rate, repurchase transactions and bespoke structured derivatives. The team manages a wide range of complex processes, with members developing skills and competencies around derivative & security products and their respective business areas, legal agreements, technology flows and regulations.
SKILLS & EXPERIENCE WE’RE LOOKING FOR
- Functional Expertise: Keeps up-to-date with emerging business, economic, and market trends.
- Technical Skills: Demonstrates strong technical skills required for the role, pays attention to detail, takes initiative to broaden knowledge and demonstrates appropriate financial/analytical skills.
- Drive and Motivation: Successfully handles multiple tasks, takes initiative to improve performance, works intensely towards extremely challenging goals and persists in the face of obstacles or setbacks.
- Client and Business Focus: Effectively handles difficult requests, builds trusting, long-term relationships with clients, helps the client to identify/define needs and manages client/business expectations.
- Teamwork: Gives evidence of being a strong team player, collaborates with others within and across teams, encourages other team members to participate and contribute and acknowledges others' contributions.
- Communication Skills: Communicates what is relevant and important in a clear and concise manner and shares information/new ideas with others.
- Judgment and Problem Solving: Thinks ahead, anticipates questions, plans for contingencies, finds alternative solutions and identifies clear objectives. Sees the big picture and effectively analyses complex issues.
- Creativity/Innovation: Looks for new ways to improve current processes and develop creative solutions that are grounded in reality and have practical value.
- Influencing Outcomes: Presents sound, persuasive rationale for ideas or opinions. Takes a position on issues and influences others' opinions and presents persuasive recommendations.
BASIC QUALIFICATIONS
- Strong numerical, analytical and problem solving skills.
- The role is client facing so the employee will require strong communication skills and should be highly articulate with a strong appreciation of client service.
- Flexible to manage conflicting challenges and ever-increasing complex nature of transactions.
- Ability to learn quickly in a fast moving environment.
- Team oriented approach to sharing workload and leverage skill sets.
- Strong organizational skills and the ability to cope with rapidly changing priorities throughout the day are essential.
- Strong attention to detail and multi-tasking skills to balance competing priorities and meet deadlines.
- Ability to generate creative solutions to problems and challenge processes, be willing to dig into the detail to resolve issues.
- Proficient with Microsoft Office.
PREFERRED SKILLS/EXPERIENCE
- Familiarity with ability to learn Excel macros and other functions.
- Good working knowledge of product flows and systems, including OTC derivatives, cleared business, prime brokerage, repurchase agreements and intercompany processes will be an added advantage.
- Understanding of financial markets and trade life cycle.
- Lead by example to challenge status quo and seek out innovative solutions to improve and streamline existing processes.
- Solid work ethic, motivation level and ability to work under pressure.
- Excellent communication, presentation and interpersonal skills.
- Ability to synthesize information across sources and understand data to identify risk hotspots and elevate appropriately.
- Prior experience with the Margin Lending business, systems, flows, products and client base.
- Evidence of experience working within Financial Services with exposure to Over the Counter Derivatives.
- Languages will be beneficial as the Analyst will be interacting with clients from across Europe.
Global Banking & Markets- Collateral and Margin, Analyst- London in City of London employer: Goldman Sachs Group, Inc.
Contact Detail:
Goldman Sachs Group, Inc. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Global Banking & Markets- Collateral and Margin, Analyst- London in City of London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at Goldman Sachs. Use LinkedIn to connect and engage with them. A friendly chat can sometimes lead to job opportunities that aren’t even advertised!
✨Tip Number 2
Prepare for interviews by practising common questions related to collateral management and margin lending. We recommend doing mock interviews with friends or using online resources to get comfortable with your responses.
✨Tip Number 3
Show off your analytical skills during interviews! Be ready to discuss how you’ve tackled complex problems in the past. Use specific examples that highlight your attention to detail and problem-solving abilities.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining the team at Goldman Sachs.
We think you need these skills to ace Global Banking & Markets- Collateral and Margin, Analyst- London in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of Collateral and Margin Analyst. Highlight relevant skills like numerical analysis, attention to detail, and any experience with financial markets. We want to see how you fit into our world!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background aligns with our needs. Be sure to mention your client-facing experience and teamwork skills, as these are key for us.
Showcase Your Technical Skills: Don’t forget to highlight your technical skills, especially if you’re familiar with Excel macros or other relevant tools. We love candidates who can demonstrate their analytical prowess and problem-solving abilities!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensure it gets the attention it deserves. Good luck!
How to prepare for a job interview at Goldman Sachs Group, Inc.
✨Know Your Numbers
As an Analyst in Global Banking & Markets, you'll need to demonstrate strong numerical and analytical skills. Brush up on your financial concepts and be prepared to discuss how you would approach complex data sets or problem-solving scenarios during the interview.
✨Showcase Your Communication Skills
Since this role is client-facing, effective communication is key. Practice articulating your thoughts clearly and concisely. You might even want to prepare a few examples of how you've successfully managed client expectations or resolved difficult requests in the past.
✨Demonstrate Team Spirit
Teamwork is crucial in this position, so be ready to share experiences where you've collaborated with others. Highlight instances where you encouraged team participation or acknowledged contributions from your colleagues, as this will show your ability to work well within a diverse team.
✨Stay Updated on Market Trends
Keeping up-to-date with emerging business and market trends is essential for this role. Before your interview, research current events in the financial markets, especially those related to derivatives and collateral management. This will not only impress your interviewers but also show your genuine interest in the field.