At a Glance
- Tasks: Join Goldman Sachs as an Analyst, managing collateral and margin operations in a dynamic global team.
- Company: Goldman Sachs, a leading global investment banking and securities firm.
- Benefits: Diverse opportunities for growth, competitive salary, wellness programs, and a supportive culture.
- Why this job: Make an impact in financial markets while developing your skills in a fast-paced environment.
- Qualifications: Strong analytical skills, client-facing communication, and a team-oriented mindset are essential.
- Other info: Collaborate with teams worldwide and tackle complex financial challenges.
The predicted salary is between 28800 - 48000 £ per year.
The Margin, Collateral Valuations Operations (MCVO) Analyst sits within the Goldman Sachs Global Market Operations organization comprising of Collateral Management (Cleared and Uncleared), Portfolio Reconciliation and Margin Lending. A global, multi-faceted and cross product function, the primary objective of the department is the mitigation of counterparty credit risk through the active monitoring of clients’ bilateral derivative, prime brokerage, GS execution & clearing, derivatives clearing and securities financing portfolios.
The London MCVO team works in close partnership with teams in New York, London, Bengaluru, Singapore, Warsaw & Salt Lake City. Products supported include foreign exchange, commodities, credit, equity, interest rate, repurchase transactions and bespoke structured derivatives. The team manages a wide range of complex processes, with members developing skills and competencies around derivative & security products and their respective business areas, legal agreements, technology flows and regulations.
SKILLS & EXPERIENCE WE’RE LOOKING FOR
- Functional Expertise: Keeps up-to-date with emerging business, economic, and market trends.
- Technical Skills: Demonstrates strong technical skills required for the role, pays attention to detail, takes initiative to broaden knowledge and demonstrates appropriate financial/analytical skills.
- Drive and Motivation: Successfully handles multiple tasks, takes initiative to improve performance, works intensely towards extremely challenging goals and persists in the face of obstacles or setbacks.
- Client and Business Focus: Effectively handles difficult requests, builds trusting, long-term relationships with clients, helps the client to identify/define needs and manages client/business expectations.
- Teamwork: Gives evidence of being a strong team player, collaborates with others within and across teams, encourages other team members to participate and contribute and acknowledges others' contributions.
- Communication Skills: Communicates what is relevant and important in a clear and concise manner and shares information/new ideas with others.
- Judgment and Problem Solving: Thinks ahead, anticipates questions, plans for contingencies, finds alternative solutions and identifies clear objectives. Sees the big picture and effectively analyses complex issues.
- Creativity/Innovation: Looks for new ways to improve current processes and develop creative solutions that are grounded in reality and have practical value.
- Influencing Outcomes: Presents sound, persuasive rationale for ideas or opinions. Takes a position on issues and influences others' opinions and presents persuasive recommendations.
BASIC QUALIFICATIONS
- Strong numerical, analytical and problem solving skills.
- The role is client facing so the employee will require strong communication skills and should be highly articulate with a strong appreciation of client service.
- Flexible to manage conflicting challenges and ever-increasing complex nature of transactions.
- Ability to learn quickly in a fast moving environment.
- Team oriented approach to sharing workload and leverage skill sets.
- Strong organizational skills and the ability to cope with rapidly changing priorities throughout the day are essential.
- Strong attention to detail and multi-tasking skills to balance competing priorities and meet deadlines.
- Ability to generate creative solutions to problems and challenge processes, be willing to dig into the detail to resolve issues.
- Proficient with Microsoft Office.
PREFERRED SKILLS/EXPERIENCE:
- Familiarity with ability to learn Excel macros and other functions.
- Good working knowledge of product flows and systems, including OTC derivatives, cleared business, prime brokerage, repurchase agreements and intercompany processes will be an added advantage.
- Understanding of financial markets and trade life cycle.
- Lead by example to challenge status quo and seek out innovative solutions to improve and streamline existing processes.
- Solid work ethic, motivation level and ability to work under pressure.
- Excellent communication, presentation and interpersonal skills.
- Ability to synthesize information across sources and understand data to identify risk hotspots and escalate appropriately.
- Prior experience with the Margin Lending business, systems, flows, products and client base.
- Evidence of experience working within Financial Services with exposure to Over the Counter Derivatives.
- Languages will be beneficial as the Analyst will be interacting with clients from across Europe.
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 /careers. We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process.
Global Banking & Markets- Collateral and Margin, Analyst- London employer: Goldman Sachs
Contact Detail:
Goldman Sachs Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Global Banking & Markets- Collateral and Margin, Analyst- London
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Goldman Sachs on LinkedIn. Ask them about their experiences and any tips they might have for landing the MCVO Analyst role. Personal connections can give you insights that you won’t find in the job description.
✨Tip Number 2
Prepare for the interview by brushing up on your technical skills. Make sure you can discuss financial products, derivatives, and market trends confidently. We recommend doing some mock interviews with friends or using online platforms to practice your responses.
✨Tip Number 3
Showcase your problem-solving skills during the interview. Be ready to share examples of how you've tackled complex issues in the past. This is your chance to demonstrate your analytical abilities and creativity, which are key for the role!
✨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 genuinely interested in joining Goldman Sachs and are willing to take the extra step to make it happen.
We think you need these skills to ace Global Banking & Markets- Collateral and Margin, Analyst- London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences mentioned in the job description. Highlight your analytical skills, attention to detail, and any relevant experience in financial services. We want to see how you fit into our world!
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 aligns with our needs. Be sure to mention your client-facing experience and teamwork skills, as these are key for us.
Showcase Your Technical Skills: Since this role requires strong technical skills, don’t shy away from mentioning your proficiency with Microsoft Office and any familiarity with Excel macros. If you've worked with OTC derivatives or margin lending, make that clear!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets the attention it deserves. Plus, it shows us you’re serious about joining our team at Goldman Sachs!
How to prepare for a job interview at Goldman Sachs
✨Know Your Numbers
As an Analyst in Margin and Collateral Valuations, you'll need strong numerical and analytical skills. Brush up on your financial concepts and be ready to discuss how you’ve used data to solve problems in the past. Prepare examples that showcase your attention to detail and ability to analyse complex issues.
✨Master the Art of Communication
Since this role is client-facing, effective communication is key. Practice articulating your thoughts clearly and concisely. Think about how you can build trust with clients and manage their expectations. Role-play common scenarios with a friend to boost your confidence.
✨Showcase Your Team Spirit
Goldman Sachs values teamwork, so be prepared to discuss your experiences working collaboratively. Highlight instances where you’ve encouraged others to contribute or helped resolve conflicts within a team. This will demonstrate your ability to work well in a fast-paced environment.
✨Stay Ahead of Market Trends
Keep yourself updated on emerging business and market trends relevant to the financial services industry. Be ready to discuss how these trends could impact the role and the company. Showing that you’re proactive about learning will impress your interviewers.