At a Glance
- Tasks: Mitigate counterparty credit risk and enhance operational processes in a dynamic team.
- Company: Join Goldman Sachs, a leading global investment bank with a focus on innovation.
- Benefits: Access to top-notch training, mentorship, and opportunities for career growth.
- Other info: Work with diverse teams globally and tackle complex challenges.
- Why this job: Make a real impact while developing your skills in a collaborative environment.
- Qualifications: Experience in derivatives documentation and strong analytical skills required.
The predicted salary is between 50000 - 70000 £ per year.
YOUR IMPACT
Goldman Sachs is a meritocracy where you will be given all the tools to help you develop. At Goldman Sachs, you will have access to excellent training programmes designed to improve multiple facets of your skills portfolio. Our in‑house training programme, ‘Goldman Sachs University’, offers a comprehensive series of courses that you will have access to as your career progresses. Goldman Sachs University has an impressive catalogue of courses which span technical, business and leadership skills training.
In order to help you navigate the organisation, you will be given a mentor from outside of your immediate department. This person will be positioned to provide you with objective advice and guidance on your career development. We value internal mobility. The chance to take on new challenges in the firm over time will ensure that you remain stimulated and will help in your continued professional and personal development.
BUSINESS UNIT OVERVIEW
Collateral Management (Cleared and non‑cleared), Portfolio Reconciliation, Margin Lending and Ready to Margin are part of Margin, Collateral Valuations Operations (MCVO) which sits within the Goldman Sachs Operations organization. The department’s primary objective is the mitigation of counterparty credit risk through the active monitoring of clients’ derivative, prime brokerage, GS execution & clearing, derivatives clearing and securities financing portfolios. The Bangalore MCVO team works in close partnership with teams in New York, London, Singapore and Salt Lake City.
JOB SUMMARY AND RESPONSIBILITIES
An employee within MCVO will primarily be focused on the mitigation of counterparty credit risk through the performance of a number of operational processes. They will be expected to perform these functions as well as demonstrating innovation and a proactive approach, highlighting inefficiencies, risks and implementing improvements. In addition, they will also be expected to provide a high level of service to their clients.
The role will involve close interaction with a wide range of areas of the bank including Credit Risk Management, Legal and Compliance, Sales, Trading, Controllers, Middle Office, Client Representatives, Central Clearing Services and other Operations Departments.
- Review and analyze ISDA Master Agreements, CSAs, and other master documentation, identifying material clauses and key risk terms.
- Translate complex legal language into structured data, capturing terms (simple to highly structured) into our Credit, Legal, and Margin systems.
- Serve as the review and approval checkpoint before terms flow into downstream pricing, confirmation, collateral, and regulatory platforms.
- Own the setup of client Standard Settlement Instructions (SSIs) for cash and securities, including Alert, Non‑Alert, third‑party, and tri‑party custodian accounts.
- Configure collateral accounts and work across platforms such as Acadia and TriOptima.
- Collaborate with Legal, Credit, Middle Office, Trading, Sales, Corporate Treasury, and Risk to resolve issues and unlock opportunities.
- Partner with Engineering to resolve system breaks and drive scalable enhancement.
- Identify operational risks and design robust controls to mitigate them.
- Ensure prompt resolution of regulatory exceptions (UMR, FINRA, SEC, and more).
- Streamline workflows, build metrics with the global team, and contribute to new product reviews to ensure scalable support.
SKILLS / RELEVANT EXPERIENCE
- Derivatives documentation experience – Ops documentation, drafting, middle office, or derivatives legal background.
- Strong familiarity with ISDA Master Agreements, schedules, and NY/UK law CSAs.
- Ability to deconstruct legal documentation into operational data components.
- Solid understanding of regulations such as UMR, FINRA, and Brexit‑related changes and their margining implications.
- Skill in tracing data flows across systems to diagnose and resolve breaks.
- Hands‑on experience with AcadiaSoft, TriOptima, SSI setup (Alert/Non‑Alert), and tri‑party custodian onboarding.
- Detail‑obsessed with a zero‑defect mindset.
- Strong control orientation and sound judgment on when to escalate.
- Excellent verbal and written communication – comfortable drafting documentation and engaging internal stakeholders.
- A self‑starter who thrives both independently and as part of a collaborative global team.
- Skilled at multitasking, prioritising, and continuously learning.
COMPETENCIES
- Functional & Technical Excellence: Stay ahead of the curve – keep pace with evolving business, economic, and market trends that shape our industry. Bring strong technical and analytical skills, an eye for detail, and the initiative to continuously deepen your expertise.
- Drive & Ownership: Juggle multiple priorities with energy and focus. Set ambitious goals, push through obstacles, and take ownership of your own growth and performance.
- Client & Business Focus: Build trusted, long‑term relationships with internal and external clients. Navigate difficult requests with poise, help clients articulate their needs, and set clear expectations. Be the kind of teammate others want to work with – collaborative across teams, inclusive of diverse voices, and quick to recognise others’ contributions. Cut through complexity and communicate what matters – clearly, concisely, and with purpose. Share knowledge and ideas generously across the organisation.
- Judgment & Problem Solving: Think ahead – anticipate questions, plan for contingencies, and identify alternative solutions. See the big picture while dissecting complex issues with rigor.
- Creativity & Innovation: Challenge the status quo. Look for smarter ways to work and design creative, practical solutions that deliver real value. Build persuasive, well‑reasoned cases for your ideas. Take a stand on the issues that matter and influence outcomes through sound rationale and credible recommendations.
Goldman Sachs is an Equal Employment Opportunity Employer and does not discriminate in employment on the basis of age, race, colour, gender, national origin, disability, veteran status, or any other basis that is prohibited by applicable law.
Locations: London, Greater London, England, United Kingdom
GBM - Public Dept - London - Associate - Margin, Collateral Valuations Operations employer: Goldman Sachs Group, Inc.
Goldman Sachs is an exceptional employer that prioritises employee development through comprehensive training programmes and mentorship opportunities, ensuring you have the tools to thrive in your career. With a strong emphasis on internal mobility, you will be encouraged to explore new challenges and grow within a collaborative and innovative work culture in the heart of London, making it an ideal environment for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land GBM - Public Dept - London - Associate - Margin, Collateral Valuations Operations
✨Tip Number 1
Network like a pro! Reach out to current employees at Goldman Sachs on LinkedIn. Ask them about their experiences and any tips they might have for landing a role in Margin, Collateral Valuations Operations. Personal connections can make a huge difference!
✨Tip Number 2
Prepare for the interview by diving deep into the specifics of the role. Brush up on your knowledge of ISDA Master Agreements and regulations like UMR and FINRA. Show that you’re not just interested in the job, but that you understand the industry inside out.
✨Tip Number 3
Practice your problem-solving skills! Be ready to tackle hypothetical scenarios during interviews. Think about how you would approach operational risks or streamline workflows. This will showcase your analytical mindset and creativity.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining the team at Goldman Sachs. Let’s get you that dream job!
We think you need these skills to ace GBM - Public Dept - London - Associate - Margin, Collateral Valuations Operations
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role. Highlight relevant experience, especially in derivatives documentation and operational processes. We want to see how your skills align with what we're looking for!
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 you can contribute to our team. Keep it concise but impactful – we love a good story!
Showcase Your Attention to Detail:Given the nature of the role, attention to detail is key. Make sure your application is free from typos and errors. We appreciate candidates who take pride in their work and demonstrate a zero-defect mindset.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you get all the updates directly from us. Plus, it's super easy!
How to prepare for a job interview at Goldman Sachs Group, Inc.
✨Know Your Stuff
Make sure you brush up on your knowledge of ISDA Master Agreements and the key risk terms involved. Being able to discuss these confidently will show that you're serious about the role and understand the complexities of derivatives documentation.
✨Show Off Your Problem-Solving Skills
Prepare examples of how you've tackled operational risks or streamlined workflows in the past. This will demonstrate your proactive approach and ability to innovate, which is crucial for the role in Margin, Collateral Valuations Operations.
✨Communicate Clearly
Practice articulating complex legal language in simple terms. The interviewers will appreciate your ability to translate intricate concepts into structured data, which is a key part of the job. Clear communication is essential when collaborating with various teams.
✨Be a Team Player
Highlight your experience working collaboratively across different departments. Share stories that showcase your ability to build relationships and navigate challenges with internal and external clients. This will reflect your client-focused mindset and teamwork skills.
