Global Banking & Markets- OTC and Repo Collateral Management, Analyst- London

BUSINESS UNIT OVERVIEW

We have Collateral Management (Cleared and non-cleared), Portfolio Reconciliation, Margin Lending and Ready to Margin which are part of Margin, Collateral Valuations Operations (MCVO) sitting within the Goldman Sachs Operations org. 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’ derivative, prime brokerage, GS execution & clearing, derivatives clearing and securities financing portfolios. Products supported include foreign exchange, commodities, credit, equity, interest rate, repo 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.

Role Specifics:

• Partner with professionals from a wide range of areas, including Credit Risk Management, Legal and Compliance, Sales, Trading, Risk Management and other Operations Departments.
• Demonstrate value to team and improve operations by spotting inefficiencies and proposing strategies for improvement.
• Monitor client portfolios on a daily basis, issuing and receiving collateral calls to ensure the firm’s credit risk is mitigated.
• Interact extensively with clients in order to resolve client disputes and queries, as well as to perform new client on-boarding.
• Liaise with internal groups (Credit, Sales, Trading, Middle office, Legal, Front Office, Settlements, and Corporate Treasury) to resolve collateral issues.
• Reconcile portfolios and perform Collateral Optimization.
• Perform monthly Interest and coupon settlement.
• Perform a number of control functions, ensuring the integrity of our processes.
• Perform Inter-Company Margining including NPV control validation, applying knowledge of associated and applicable regulations applicable to margining GSLEs across different jurisdictions.
• Execute margin calculation, exception and collateral settlement approval processing, as well as SIMM Calculations.

Prior experience must include 2-3 years of experience with:

• Ability to identify and propose solutions to problems and challenge processes, as well as experience in presenting proposed solutions to management.
• Demonstrated willingness to dig into the details as needed to resolve operational and client-specific issues.
• Experience in interacting with external clients, as well as coordinating closely with professionals from other business areas.
• Demonstrated ability to adapt to internal and external changes, including to changes in market conditions that demand immediate action.
• Utilizing Excel macros and other functions, including vlookup and VBA.

COMPETENCIES

• Functional & Technical Excellence: Stay ahead of the curve — keep pace with evolving business, economic, and market trends that shape our industry. Bring strong technical and analytical skills, an eye for detail, and the initiative to continuously deepen your expertise.
• Drive & Ownership: Juggle multiple priorities with energy and focus. Set ambitious goals, push through obstacles, and take ownership of your own growth and performance.
• Client & Business Focus: Build trusted, long-term relationships with internal and external clients. Navigate difficult requests with poise, help clients articulate their needs, and set clear expectations.
• Teamwork & Collaboration: Be the kind of teammate others want to work with — collaborative across teams, inclusive of diverse voices, and quick to recognize others' contributions.
• Clear, Compelling Communication: Cut through complexity and communicate what matters — clearly, concisely, and with purpose. Share knowledge and ideas generously across the organization.
• Judgment & Problem Solving: Think ahead — anticipate questions, plan for contingencies, and identify alternative solutions. See the big picture while dissecting complex issues with rigor.
• Creativity & Innovation: Challenge the status quo. Look for smarter ways to work and design creative, practical solutions that deliver real value.
• Influencing Outcomes: Build persuasive, well-reasoned cases for your ideas. Take a stand on the issues that matter and influence outcomes through sound rationale and credible recommendations.

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.