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: Engage in innovative projects and navigate a fast-paced, ever-changing industry.
- 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 90000 - 120000 £ 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.
- 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 growth, you will have access to mentorship opportunities and the chance to engage with senior stakeholders, all while working on impactful initiatives in the dynamic world of FICC derivatives. The firm prioritises operational excellence and provides a supportive environment where your expertise can thrive, 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, especially those who work in operations or FICC. A friendly chat can lead to insider info about job openings and even referrals.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of derivatives and operational risk management. We recommend creating a cheat sheet of key concepts and recent industry trends to impress your interviewers.
✨Tip Number 3
Showcase your problem-solving skills! During interviews, be ready to discuss specific examples where you’ve tackled operational challenges. This will highlight your critical thinking abilities and experience in managing risks.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
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 is tailored to the role. Highlight your experience in investment banking and operational risk management, especially in FICC derivatives. 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 the role and how your background makes you a perfect fit. Don’t forget to mention your experience with managing junior talent and engaging stakeholders.
Showcase Your Technical Skills:We love candidates who are tech-savvy! Make sure to highlight your competency with MS Suite, especially Excel, and any experience with data analytics tools like Alteryx or Python. This will set you apart from the crowd.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensure it gets the attention it deserves. We can’t wait to hear from you!
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 industry but also passionate about it.
✨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 you stand out.
✨Engage with Stakeholders
Think about how you've successfully engaged with senior stakeholders in previous roles. Be ready to discuss your approach to managing business demands and operational resourcing, as this will be key in your new position.
✨Demonstrate Leadership Qualities
Since mentoring and managing junior talent is part of the job, come prepared with examples of how you've developed others in your team. Highlight your proactive and creative approach to leadership, as well as your ability to prioritise tasks in a fast-paced environment.
