At a Glance
- Tasks: Manage client accounts, oversee onboarding, and ensure smooth operations across teams.
- Company: Join Goldman Sachs, a leading global investment firm with a commitment to diversity.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Why this job: Be part of a dynamic team making impactful decisions in asset management.
- Qualifications: Strong organisational skills, attention to detail, and proficiency in Microsoft Office.
- Other info: Exciting career path with potential for innovation in financial services.
The predicted salary is between 36000 - 60000 ÂŁ per year.
The Asset Management Division is made up of Goldman Asset Management (GSAM) and Goldman Sachs' Merchant Bank and brings together Goldman Sachs' primary longâterm principal investing capabilities with the traditional moneyâmanaging arm of the firm to offer a full suite of worldâclass investment solutions to the firm's clients.
Job Summary & Responsibilities
Institutional Oversight (IO) sits within Client Operations and has primary responsibility for all aspects of institutional account onboarding, portfolio accounting, cash management, client reporting, and serves as the single point of contact for all operations related client inquiries. These functions cover a wide range of clients and a complex product range, including equities, fixed income, currency and derivatives. The group supports portfolio managers, sales and client relationship professionals by providing accurate and timely client account information and overseeing all aspects of operational risk across portfolios.
Primary Responsibilities
- Holistic ownership and understanding of client accounts from a GSAM Operations perspective by coordinating client issues across all operations teams and business partners, and act as a single point of contact for GSAM Operations.
- Manage account events (onboarding, restructure, terminations) across Operations and business stakeholders, working to tight timelines.
- Trading desk support to include adâhoc queries as well as ongoing business initiative.
- Report and, where appropriate, elevate issues to management.
- Maintain relationships with the client and relevant stakeholders.
- Understand operational risks within the team and actively work to mitigate risks.
- Proâactively review indicators of operational issues/concerns with the goal of resolving such issues before client impact.
- Review accountâlevel metrics (e.g., reconciling items on cash/position reconciliations, daily corporate actions, NAV reconciliations, failing trades, standard/nonâstandard reporting deliverables) as defined by operating standards and research; remediate exceptions as appropriate.
- Provide governance and transparency for client collections by overseeing open receivables and coordinating with Distribution Teams.
- Provide effective thought leadership in navigating evolving financial regulatory landscape and help develop technological solutions to build appropriate architecture.
- Conduct scalability analysis of workflow cost drivers and trends to drive process improvements, efficiency, budgeting and cost allocation to revenueâproducing desks.
- Coordinate and manage tasks across a multiâdisciplined team to ensure key deliverables are met.
- Apply process reengineering methodologies in executing strategies and tactical solutions.
Basic Qualifications
- Solid organizational skills, attention to detail and ability to multiâtask.
- Excellent clientâfacing, internal communication, written and verbal communication skills.
- Proficiency in Microsoft Office, specifically Word, Excel, and PowerPoint.
- Demonstrated strong risk management principles.
Preferred Qualifications
- Prior experience in Onboarding, Operations and/or Financial Services â relevant work experience of 1â3 years.
- Demonstrated ability to partner across product groups, regions and functional responsibilities.
- Attention to detail and ability to work to tight deadlines under pressure and provide practical solutions.
- Strategic thinker with strong facilitation and dataâgathering skills.
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.
Asset Management Operations - Institutional Oversight (IO) Analyst - London employer: Goldman Sachs Group, Inc.
Contact Detail:
Goldman Sachs Group, Inc. Recruiting Team
StudySmarter Expert Advice đ€«
We think this is how you could land Asset Management Operations - Institutional Oversight (IO) Analyst - London
âšTip Number 1
Network like a pro! Reach out to people in the industry, especially those who work at Goldman Sachs or similar firms. A friendly chat can open doors and give you insights that job descriptions just can't.
âšTip Number 2
Prepare for interviews by practising common questions related to asset management operations. Think about how your skills align with the responsibilities listed in the job description, and be ready to share specific examples.
âšTip Number 3
Showcase your organisational skills! During interviews, highlight times when you've successfully managed multiple tasks or tight deadlines. This will demonstrate that you can handle the fast-paced environment of institutional oversight.
âšTip Number 4
Don't forget to apply through our website! Itâs the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in joining our team at StudySmarter.
We think you need these skills to ace Asset Management Operations - Institutional Oversight (IO) Analyst - London
Some tips for your application đ«Ą
Tailor Your CV: Make sure your CV is tailored to the Asset Management Operations role. Highlight relevant experience in onboarding, operations, and client management. We want to see how your skills align with what we do!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background makes you a great fit. We love seeing enthusiasm and a personal touch.
Showcase Your Communication Skills: Since this role involves a lot of client interaction, make sure to demonstrate your written and verbal communication skills. Clear, concise language in your application will show us you can handle client-facing responsibilities.
Apply Through Our Website: Donât forget to apply through our website! Itâs the best way for us to receive your application and ensures youâre considered for the role. Plus, itâs super easy to navigate!
How to prepare for a job interview at Goldman Sachs Group, Inc.
âšKnow Your Stuff
Make sure you understand the ins and outs of asset management operations. Brush up on key concepts like portfolio accounting, cash management, and client reporting. Being able to discuss these topics confidently will show that you're serious about the role.
âšShowcase Your Communication Skills
Since this role involves a lot of client interaction, practice articulating your thoughts clearly. Prepare examples of how you've effectively communicated with clients or stakeholders in the past. This will demonstrate your ability to maintain strong relationships.
âšBe Ready for Problem-Solving
Expect questions that assess your problem-solving skills, especially around operational risks and client issues. Think of specific instances where you identified a problem and implemented a solution. This will highlight your proactive approach.
âšDemonstrate Attention to Detail
Given the nature of the job, attention to detail is crucial. Prepare to discuss how you've managed complex tasks or reconciled discrepancies in previous roles. Showing that you can handle tight deadlines without compromising quality will set you apart.