At a Glance
- Tasks: Analyse profit and loss, assess trades, and produce financial statements for the trading business.
- Company: Goldman Sachs, a leading global investment banking and securities firm.
- Benefits: Diverse opportunities for growth, wellness programs, and a commitment to inclusion.
- Other info: Fast-paced environment with excellent career development opportunities.
- Why this job: Join a dynamic team and make a real impact on financial control and reporting.
- Qualifications: Newly qualified ACA/CA/CFA/CMA with strong analytical skills and attention to detail.
The predicted salary is between 50000 - 70000 £ per year.
Overview
The Controllers group is responsible for safeguarding the firm's assets: to help maintain the integrity of Goldman Sachs' finances and expenditures. Through careful consideration and analyses of firm finances, objectives and strategies, we ensure that the firm's businesses continue to be profitable and efficiently run. Controllers also ensure that all business practices are in compliance with financial and regulatory requirements worldwide.
Since contact with virtually every part of the firm is essential to Controllers, professionals in the department experience Goldman Sachs businesses, products, and sophisticated technology systems in depth. Direct Hedge Funds, Hedge Funds Strategies, Private Equity Group teams within Controllers support the alternative investments within Goldman Sachs Asset Management division with oversight over complex private funds.
Our Impact
We’re a team of specialists charged with managing the firm’s liquidity, capital, and risk, and providing the overall financial control and reporting functions. Whether assessing the creditworthiness of the firm’s counterparties, monitoring market risks associated with trading activities, or offering analytical and regulatory compliance support, our work contributes directly to the firm’s success. The business is ideal for collaborative individuals who have strong ethics and attention to detail. Controllers ensure that the Firm meets all the financial control and reporting obligations of a global, regulated and public financial institution. Controllers also ensure that the Firm's activities are conducted in compliance with the regulations governing transactions in the financial markets.
Our Product Control Team reports key financial data including P&L, balance sheet and price verification. This team works closely with business leaders of the FICC and Equities businesses.
Your Impact
Product Controllers become experts in their business and assess valuation, profit and loss attribution, and disclosure implications of the business' positions and trades. We are seeking an associate level hire to join the EMEA Product Control team.
Responsibilities
- Perform daily, weekly, monthly, and quarterly profit and loss analyses for the trading business
- Perform ongoing price verification procedures to ensure appropriate valuation of firm inventory
- Assess new trades for appropriate valuation, accounting treatment, and disclosure in the financial statements
- Analyze and report the balance sheet and funding sources of the trading business
- Produce financial statements and/or relevant disclosures for the trading business
- Work with the financial reporting team in preparation of key external reports such as earnings release and 10Q/10K disclosures
Requirements
- Newly Qualified ACA/CA/CFA/CMA
- Equities knowledge and/or experience would be advantageous
- Strong analytical skills
- Numerate background or experience in dealing with more complex financial topics
- Strong knowledge of Microsoft Office products, tools and utilities for business use
- Candidate must be proactive, enthusiastic and team oriented
- Ability to prioritize and make decisions in a fast-paced environment
- Accuracy and attention to detail
- Sound judgement and integrity
- Strong communication and interpersonal skills
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. Applicants who wish to request for a medical or religious accommodation, or any other accommodation required under applicable law, can do so later in the process. Please note that accommodations are not guaranteed and are decided on a case by case basis.
Controllers, FICC Product Controller, Associate, London employer: Goldman Sachs
Contact Detail:
Goldman Sachs Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Controllers, FICC Product Controller, Associate, London
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Goldman Sachs through LinkedIn. A friendly chat can give you insider info and might even lead to a referral, which is always a bonus!
✨Tip Number 2
Prepare for the interview by diving deep into the FICC and Equities businesses. Understand their products and how Controllers fit into the bigger picture. This will show your enthusiasm and knowledge during the interview.
✨Tip Number 3
Practice your analytical skills with real-world financial scenarios. Being able to discuss how you would handle specific situations related to profit and loss analyses will impress the interviewers.
✨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.
We think you need these skills to ace Controllers, FICC Product Controller, Associate, London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of Product Controller. Highlight your analytical skills and any relevant experience in finance or accounting. We want to see how your background aligns with our needs!
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 skills can contribute to our team. Keep it concise but impactful – we love a good story!
Showcase Your Attention to Detail: In a role where accuracy is key, make sure to proofread your application materials. Typos or errors can be a red flag for us, so double-check everything before hitting send!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the info you need about the role and our company culture there!
How to prepare for a job interview at Goldman Sachs
✨Know Your Numbers
As a Product Controller, you'll be dealing with complex financial data. Brush up on your profit and loss analyses, balance sheets, and valuation techniques. Be ready to discuss how you would approach these tasks in real scenarios.
✨Showcase Your Analytical Skills
Demonstrate your strong analytical skills by preparing examples of past experiences where you've successfully assessed financial data or made critical decisions. Use specific metrics or outcomes to highlight your impact.
✨Familiarise Yourself with Regulatory Requirements
Controllers must ensure compliance with financial regulations. Research the key regulations affecting Goldman Sachs and be prepared to discuss how you would ensure compliance in your role. This shows your proactive approach and understanding of the industry.
✨Emphasise Team Collaboration
Since the role requires working closely with various teams, share examples of how you've successfully collaborated in the past. Highlight your communication skills and ability to work in a fast-paced environment, as these are crucial for success in this position.