At a Glance
- Tasks: Lead operations in a dynamic environment, optimising FICC derivatives and managing vendor relationships.
- Company: Join Goldman Sachs, a global leader in investment banking and financial services.
- Benefits: Competitive salary, diverse work culture, and opportunities for professional growth.
- Other info: Fast-paced role with a focus on innovation and operational excellence.
- Why this job: Make a real impact in finance while mentoring the next generation of talent.
- Qualifications: 7+ years in investment banking with strong derivatives knowledge and leadership skills.
The predicted salary is between 100000 - 150000 £ per year.
Operations is a dynamic, multi‑faceted division that partners with all areas of the firm to deliver banking, sales and trading and asset management capabilities to clients around the globe. Within the Global Banking & Markets Division Operations, the Capital & Portfolio Optimisation (CAPO) team is responsible for executing internal and external optimisation activity to manage the firm’s balance sheet strategy for the FICC derivative businesses. As a Vice President, you will be required to develop strong product, industry, and process knowledge to support ongoing and new initiatives such as derivative compression, initial margin and counterparty risk optimisation.
Responsibilities
- Manage external vendor relationships to drive strategic business goals for the FICC derivatives businesses.
- Become an expert in processes and workflows the team manages to mitigate operational risk and drive operational efficiencies.
- Manage real‑time trade booking exceptions which arise during internal and external optimisation workflows.
- Engage in various industry and regulatory initiatives in a constantly changing environment.
- Engage senior stakeholders to manage business demands with operational resourcing.
- Mentor and manage junior talent to excel in their roles.
Qualifications
- At least 7+ years of experience in investment banking, buy side or institutional operations.
- Experience managing and developing junior talent.
- Extensive derivatives knowledge with a focus on interest rate, foreign exchange and credit/mortgage products.
- Proven ability to effectively manage operational risks and develop control enhancements.
- Proactive, enthusiastic and creative approach with high attention to detail.
- Ability to prioritise and multi‑task in a fast‑paced environment.
- Effective problem‑solving and critical thinking skills with a proven track record of exercising sound judgement.
- Competency with MS Suite, especially Excel, and the ability to learn multiple programmes quickly.
- Knowledge and experience of post‑trade risk reduction services such as optimisation vendors and clearing houses.
- Understanding of regulatory topics such as GSIB, CCAR, Basel III capital rules and CFTC, EMIR, SEC, HKMA, MiFIR portfolio compression requirements.
- Data analytics and experience with BI tooling such as Alteryx or Python.
- Experience using Agile methodologies to manage cross‑functional projects.
GBM - Public Dept - London - Vice President - Operations - FICC Capital & Portfolio Optimization employer: Goldman Sachs, Inc.
Goldman Sachs is an exceptional employer, offering a vibrant work culture that fosters collaboration and innovation in the heart of London. With a strong commitment to employee development, you will have access to extensive growth opportunities, mentorship from industry leaders, and the chance to engage in impactful projects within the dynamic FICC Capital & Portfolio Optimization team. The firm prioritises diversity and inclusion, ensuring a supportive environment where every voice is valued, making it an ideal place for professionals seeking meaningful and rewarding careers.
StudySmarter Expert Advice🤫
We think this is how you could land GBM - Public Dept - London - Vice President - Operations - FICC Capital & Portfolio Optimization
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend events, and engage on platforms like LinkedIn. The more people know you’re looking for opportunities, the better your chances of landing that Vice President role.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of derivatives and operational risk management. We recommend practising common interview questions and scenarios related to FICC Capital & Portfolio Optimisation to show you’re the right fit.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After interviews or networking chats, send a quick thank-you note. It keeps you on their radar and shows your enthusiasm for the role.
✨Tip Number 4
Apply through our website! We’ve got loads of resources to help you stand out, and applying directly can sometimes give you an edge. Plus, it’s super easy to keep track of your applications!
We think you need these skills to ace GBM - Public Dept - London - Vice President - Operations - FICC Capital & Portfolio Optimization
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the specific skills and experiences mentioned in the job description. Highlight your extensive derivatives knowledge and any relevant operational risk management experience to catch our eye!
Craft a Compelling Cover Letter:Use your cover letter to tell us why you're the perfect fit for the Vice President role. Share examples of how you've managed junior talent or driven strategic business goals in the past – we love a good story!
Showcase Your Problem-Solving Skills:In your application, don’t shy away from discussing challenges you've faced and how you tackled them. We’re looking for proactive and creative thinkers who can navigate a fast-paced environment with ease.
Apply Through Our Website:We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Goldman Sachs, Inc.
✨Know Your Stuff
Make sure you brush up on your knowledge of derivatives, especially interest rate, foreign exchange, and credit/mortgage products. Being able to discuss these topics confidently will show that you're not just familiar with the basics but can also engage in deeper conversations about the industry.
✨Showcase Your Problem-Solving Skills
Prepare examples from your past experience where you've effectively managed operational risks or developed control enhancements. This is crucial for the role, so having specific scenarios ready will help demonstrate your critical thinking and sound judgement.
✨Engage with Stakeholders
Think about how you would manage senior stakeholders and their demands. Be ready to discuss your approach to engaging with different levels of management and how you’ve successfully navigated similar situations in the past.
✨Highlight Your Mentoring Experience
Since mentoring junior talent is part of the role, come prepared with examples of how you've helped others grow in their careers. Discuss your mentoring style and any successes you've had in developing talent within your teams.
