At a Glance
- Tasks: Join Goldman Sachs as an Analyst, managing complex financial processes and client relationships.
- Company: Goldman Sachs, a leading global investment banking and securities firm.
- Benefits: Competitive salary, generous vacation, health support, and professional development opportunities.
- Why this job: Make an impact in the fast-paced world of finance while developing your skills.
- Qualifications: Strong analytical skills, excellent communication, and a team-oriented mindset.
- Other info: Dynamic work environment with opportunities for growth and innovation.
The predicted salary is between 28800 - 48000 £ 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.
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.
We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process.
Global Banking & Markets- Collateral and Margin, Analyst- 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
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Goldman Sachs on LinkedIn. Ask them about their experiences and any tips they might have for landing the role. Personal connections can make a huge difference!
✨Tip Number 2
Prepare for the interview by brushing up on your technical skills and market knowledge. Be ready to discuss recent trends in global banking and how they relate to collateral and margin management. Show us you’re not just a candidate, but a knowledgeable asset!
✨Tip Number 3
Practice your communication skills! Since this role is client-facing, being articulate and clear is key. Try mock interviews with friends or use online resources to refine your pitch and responses.
✨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. Let’s get you that dream job!
We think you need these skills to ace Global Banking & Markets- Collateral and Margin, Analyst- London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role. Highlight your analytical skills and any relevant experience in financial services. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter should tell us why you're passionate about this role and how your skills align with our needs. Be genuine and let your personality shine through – we love seeing enthusiasm!
Showcase Your Team Spirit: Since teamwork is key in our environment, share examples of how you've collaborated with others in past roles. We want to know how you contribute to a positive team dynamic!
Proofread, Proofread, Proofread!: Before hitting send, double-check your application for any typos or errors. Attention to detail is crucial in our line of work, and we want to see that you take pride in your submissions!
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 strong numerical and analytical skills. Brush up on your financial concepts and be prepared to discuss how you would approach complex data sets. Practise explaining your thought process clearly, as this will showcase your problem-solving abilities.
✨Master the Art of Communication
Since the role is client-facing, effective communication is key. Prepare to articulate your ideas concisely and confidently. Think about examples where you've successfully managed client expectations or resolved difficult requests, as these will demonstrate your client service skills.
✨Stay Updated on Market Trends
Keep yourself informed about emerging business and market trends relevant to the role. This knowledge will not only impress your interviewers but also show that you're proactive and genuinely interested in the industry. Be ready to discuss recent developments and how they might impact the business.
✨Showcase Teamwork and Flexibility
The ability to collaborate effectively is crucial in this role. Prepare examples that highlight your teamwork skills and how you've adapted to changing priorities. Discuss how you’ve contributed to team success and supported colleagues, as this will reflect your commitment to a collaborative work environment.