At a Glance
- Tasks: Support trading desks with risk management, trade booking, and process development.
- Company: Dynamic global banking firm with a focus on innovation and collaboration.
- Benefits: Competitive salary, career growth opportunities, and a vibrant work culture.
- Other info: Ideal for detail-oriented individuals who thrive in fast-paced environments.
- Why this job: Join a team that drives change and enhances operational efficiency in global markets.
- Qualifications: Bachelor’s degree and experience in operational management or similar roles.
The predicted salary is between 55000 - 65000 £ per year.
Global Market Operations is a dynamic, multi-faceted organization that partners with all parts of the firm to provide banking and securities services to clients around the world. In addition, the organization provides essential risk management and controls to preserve and enhance the firm’s assets and its reputation. For every new product launched and every trade executed within Global Markets, it is Operations that develops and manages the processes and controls that enable business flow.
Liquidity Trade Management Operations supports Repo Trading and Sales desks with post and pre‑trade services from trade booking and risk management, confirmation, pre‑matching to fails management. The team is also responsible for exception detection, research, resolution and escalation of position & cash differences in trader’s front‑end book as well as client, broker and inter‑company accounts.
Principal Responsibilities Include:
- Middle Office role with direct desk support (Short Term Interest Rates & Treasury Services)
- Liaison with internal groups (Credit, Sales, Trading, Middle office, Legal, Front Office, Settlements, and Corporate Treasury) as well as heavy interaction with external clients
- Analyze risk exposure of Unbooked, unmatched or pending trades
- Be responsible for daily positions reconciliations between trading accounts and Books & Records
- Processing of electronic and manual client allocations & affirmations
- Develop new processes and re‑engineer current processes to meet changing needs of the business
- Ensure accuracy and timeliness of front‑end trading/sales bookings
Qualifications And Skills:
- Bachelor’s Degree
- Relevant experience in an operational management position or similar role with a proven track record for managing multiple processes, functions and driving change
- Strong communication skills essential for interacting at all levels, across business disciplines and regions
- Strong influencing skills essential; capable of assertively interacting with business stakeholders and counterparts to resolve day‑to‑day issues, control risks and improve operational efficiency
- Strong problem‑solving skills/ability to hold clear and concise conversations with internal and external business partners
- Highly organized individual with attention to detail and excellent ability to execute on deliverables
- Experience in working with business and technology partners to develop functional specifications to address complex business needs
- Leader who works effectively in a team setting and is creative about providing innovative solutions (new processes, technologies, and approaches)
- Strong Excel & PowerPoint skills would be an added advantage
- Knowledge of Securities/Interest Rates and/or Repo Product would be an added advantage
Global Banking & Markets - Liquidity Trade Operations, Associate - London employer: Goldman Sachs
As a leading player in the Global Banking & Markets sector, our London-based team offers an exceptional work environment that fosters collaboration and innovation. We prioritise employee growth through comprehensive training programmes and opportunities for advancement, while our dynamic culture encourages open communication and teamwork. Join us to be part of a forward-thinking organisation that values your contributions and supports your career aspirations in a vibrant city.
StudySmarter Expert Advice🤫
We think this is how you could land Global Banking & Markets - Liquidity Trade Operations, Associate - London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream job.
✨Tip Number 2
Prepare for interviews by researching the company and role thoroughly. We recommend practising common interview questions and even doing mock interviews with friends. The more prepared you are, the more confident you'll feel!
✨Tip Number 3
Showcase your skills during the interview! Bring examples of how you've tackled challenges in previous roles, especially those related to operational management or risk analysis. We want to see how you can bring value to the team.
✨Tip Number 4
Don’t forget to follow up after your interview! A simple thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds. And remember, apply through our website for the best chance!
We think you need these skills to ace Global Banking & Markets - Liquidity Trade Operations, Associate - London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role. Highlight relevant experience in operational management and any skills that match the job description, like strong communication and problem-solving abilities. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about Global Banking & Markets and how your background aligns with our needs. Be sure to mention any specific experiences that relate to liquidity trade operations.
Showcase Your Skills:Don’t forget to showcase your Excel and PowerPoint skills if you have them! If you’ve worked with securities or interest rates before, make that clear. We love seeing candidates who can hit the ground running with their technical know-how.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it’s super easy!
How to prepare for a job interview at Goldman Sachs
✨Know Your Stuff
Make sure you brush up on your knowledge of liquidity trade operations and the specific responsibilities mentioned in the job description. Familiarise yourself with terms like Repo Trading, risk management, and reconciliation processes. This will show that you're not just interested in the role but also understand its intricacies.
✨Showcase Your Communication Skills
Since strong communication is key for this role, prepare examples of how you've effectively interacted with various stakeholders in past positions. Think about times when you resolved issues or improved processes through clear dialogue. Practising these scenarios can help you articulate your experiences confidently.
✨Demonstrate Problem-Solving Prowess
Be ready to discuss specific challenges you've faced in operational management and how you tackled them. Use the STAR method (Situation, Task, Action, Result) to structure your answers. This will highlight your analytical skills and ability to think on your feet, which are crucial for this position.
✨Get Technical with Excel & PowerPoint
If you have experience with Excel and PowerPoint, be prepared to discuss it! You might be asked to demonstrate your skills or provide examples of how you've used these tools to enhance operational efficiency. Brush up on any relevant functions or features that could be beneficial in this role.
