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 is 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
1. Functional Expertise - Keeps up-to-date with emerging business, economic, and market trends
2. Technical Skills - Demonstrates strong technical skills required for the role, pays attention to detail, takes initiative to broaden his/her knowledge and demonstrates appropriate financial/analytical skills
3. Drive and Motivation - Successfully handles multiple tasks, takes initiative to improve his/her own performance, works intensely towards extremely challenging goals and persists in the face of obstacles or setbacks
4. 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
5. 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
6. Communication Skills - Communicates what is relevant and important in a clear and concise manner and shares information/new ideas with others
7. 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
8. Creativity/Innovation - Looks for new ways to improve current processes and develop creative solutions that are grounded in reality and have practical value
9. 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
10. Strong numerical, analytical and problem solving skills
11. The role is client facing so the employee will require strong communication skill and should be highly articulate with a strong appreciation of client service
12. Flexible to manage conflicting challenges and ever-increasing complex nature of transactions
13. Ability to learn quickly in a fast moving environment. Team oriented approach to sharing workload and leverage skill sets
14. Strong organizational skills and the ability to cope with rapidly changing priorities throughout the day are essential
15. Strong attention to detail and multi-tasking skills to balance competing priorities and meet deadlines
16. Ability to generate creative solutions to problems and challenge processes, be willing to dig into the detail to resolve issues
17. Proficient with Microsoft Office
PREFFERED SKILLS/EXPERIENCE:
18. Familiarity with ability to learn Excel macros and other functions
19. 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
20. Understanding of financial markets and trade life cycle
21. Lead by example to challenge status quo and seek out innovative solutions to improve and streamline existing processes
22. Solid work ethic, motivation level and ability to work under pressure
23. Excellent communication, presentation and interpersonal skills
24. Ability to synthesize information across sources and understand data to identify risk hotspots and escalate appropriately
25. Prior experience with the Margin Lending business, systems, flows, products and client base
26. Evidence of experience working within Financial Services with exposure to Over the Counter Derivatives.
27. Languages will be beneficial as the Analyst will be interacting with clients from across Europe
ABOUT GOLDMAN SACHSAt 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.