At a Glance
- Tasks: Support origination of structured products and collaborate with various teams in a dynamic environment.
- Company: Join Goldman Sachs, a leading global investment banking firm with a commitment to diversity.
- Benefits: Enjoy professional development, wellness programs, and a competitive salary.
- Other info: Opportunity for career growth in a supportive and inclusive workplace.
- Why this job: Make an impact in a fast-paced role while learning about innovative financial products.
- Qualifications: Bachelor's degree and 1-2 years of experience in financial services required.
The predicted salary is between 60000 - 80000 £ per year.
YOUR IMPACT: Are you interested in learning about and supporting origination of structured products across asset classes? Do you want to work in direct partnership with revenue generating desks? Would you like to support a business which is always evolving and where every deal is different with something new to learn? Our team is seeking an experienced professional who is diligent, analytical and has the ability to collaborate with Trading, Structuring, Middle Offices, Controllers, Legal, Engineering and Sales to facilitate and support the origination of Securitized Derivatives. You will be able to contribute across the issuance process, primary and secondary allocations in risk, settlement process, managing the product all the way to its maturity and play a pivotal role in continued evolution of structured product platforms. The business continuously expands into new markets and product areas and your expertise will help the business successfully capitalize on upcoming market opportunities.
OUR IMPACT: Global Markets 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 world. Alongside this vital service delivery role, Operations provides essential risk management and control, preserving and enhancing the firm’s assets and its reputation. Operations span all product lines and markets, serving as internal business partners who develop the processes and controls and help to specify the systems that deliver accuracy, timeliness and integrity to our business.
BUSINESS UNIT OVERVIEW: Global Markets Structuring Operations provide middle office and issuance support to the Structured Products businesses across Asia, EMEA and Americas. The team supports structured products including securitized notes, warrants, SPVs and other bespoke structures, working closely with the business across a wide range of functions including origination and issuance of structured products, platform development, portfolio support and associated product controls. Given the range of responsibilities, our team become subject matter experts in various components of the structures, markets and flows allowing them to manage a variety of tasks and facilitate new business activities. In fact a key focus of our team is to utilize this wealth of knowledge to meaningfully contribute to origination and structuring discussions regarding what is operationally possible and/or sustainable over the life of each product. Being a bespoke business, our operations team perform pre-trade feasibility front-to-back analysis, trade execution, issuance readiness & ensuring firm readiness for post go live support. Our team also provides the business with expertise and guidance around new markets and products, leverages strong vendor relationships to assess opportunities and drives projects that support business expansion into new markets.
HOW YOU WILL FULFILL YOUR POTENTIAL: Situated in our European Headquarters in London and adjacent to the front office, the successful candidate will become an operations product and platform manager, with a primary focus on deal execution and supporting the growing Fund and SPV businesses. Responsibilities will include:
- Day to day origination and trading desk support of Structured Products (Equity, Rates and Credit)
- Act as a first point of support in London for the different supported Traders
- Become a key contact for different Sales teams as well as external clients on the day-to-day incidences.
- Become a key relationship manager for risk taking desks in London
- Understanding and becoming a subject matter expert in existing long-term structures
- Gain and proactively deploy strong knowledge of structured products; Build expertise on origination across notes, certificates and warrants.
- Independently drive and project manage new product ideas across markets
- Becoming a subject matter expert in the nuances of the various products and markets from an Issuances, Settlement, Lifecycle Servicing to meaningfully support the growing product portfolio
- Collaborating with Structuring, Trading, Sales, Operations, Engineering, Controllers and Legal in the course of your day to day responsibilities
- Work with internal and external stakeholders to understand the intricacies of the internal systems as well as the nuances of the regulators and external market environments to partner with the business in new market and product initiatives.
- Collaborate with internal and external stakeholders to drive continuous improvement & strategic initiatives for the business
BASIC QUALIFICATIONS:
- Bachelor's degree with a minimum of 1-2 years of experience in financial services
- Self-motivated and proactive team player who takes ownership and accountability of projects & tasks, has strong organizational skills and effectively manages competing priorities
- Candidate must be comfortable in a high-pressured environment
- Proven analytical skills, problem solving ability, and attention to detail
- Aptitude for building relationships, along with the ability to communicate complex issues to a wide array of internal and external clients with differing levels of product experience
- Excellent written, communication and presentation skills
- Integrity and passion for working in a competitive environment
PREFERRED EXPERIENCE:
- Prior experience (1-4 years) with Structured Products (Cross Asset), Issuance, trade booking and settlement process.
- Experience talking to clients on different trade incidences.
- Good understanding of both pre-trade and post trade processes.
- French language is preferred.
- Experience with Structured Products, Derivatives (Securitized and/or OTC) in a Middle Office environment desirable.
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. Learn more about our culture, benefits, and people at GS.com/careers. We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process.
Global Banking and Markets- Equity Operations, Structured Products Middle Office – Senior Analyst– London employer: Goldman Sachs
Goldman Sachs is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. Employees benefit from extensive training and development opportunities, fostering both personal and professional growth while working alongside industry experts in a supportive culture that values diversity and inclusion. With a commitment to employee well-being and a focus on meaningful contributions to the evolving financial landscape, Goldman Sachs stands out as a premier choice for those seeking a rewarding career in global banking and markets.
StudySmarter Expert Advice🤫
We think this is how you could land Global Banking and Markets- Equity Operations, Structured Products Middle Office – Senior Analyst– London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those working in structured products. A friendly chat can lead to valuable insights and even job leads.
✨Tip Number 2
Prepare for interviews by understanding the latest trends in structured products. Show that you’re not just knowledgeable but also genuinely interested in how the market is evolving.
✨Tip Number 3
Practice your communication skills. You’ll need to explain complex concepts clearly, so get comfortable discussing structured products with friends or mentors.
✨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 Global Banking and Markets- Equity Operations, Structured Products Middle Office – Senior Analyst– London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role. Highlight your experience in structured products and any relevant skills that match the job description. We want to see how you can contribute 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 structured products and how your background makes you a great fit for the role. Let us know what excites you about working with us!
Showcase Your Analytical Skills:Since this role requires strong analytical abilities, be sure to include examples of how you've used these skills in past roles. We love seeing how you tackle problems and make decisions!
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. We can't wait to see what you bring to the table!
How to prepare for a job interview at Goldman Sachs
✨Know Your Structured Products
Make sure you brush up on your knowledge of structured products, especially securitized derivatives. Be prepared to discuss different types of products like notes, certificates, and warrants, and how they fit into the broader market landscape.
✨Showcase Your Analytical Skills
Since the role requires strong analytical abilities, come ready with examples of how you've tackled complex problems in previous roles. Highlight any experience you have with pre-trade and post-trade processes, as this will be crucial for the position.
✨Demonstrate Collaboration
This job involves working closely with various teams, so be prepared to share examples of how you've successfully collaborated in the past. Discuss how you’ve built relationships with stakeholders and contributed to team projects, especially in high-pressure environments.
✨Prepare for Client Interactions
Given that you'll be a key contact for sales teams and clients, practice articulating complex issues clearly and concisely. Think of scenarios where you've effectively communicated with clients or managed trade incidences, as this will showcase your client-facing skills.
