At Goldman Sachs, we connect people, capital and ideas to help solve problems for our clients. We are a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. For us, it's all about bringing together people who are curious, collaborative and have the drive to make things possible for our clients and communities.
Your Impact:
Are you looking to work in a fast paced environment where your role has a direct impact on the global markets while working on continuous improvement initiatives? The Asset & Wealth Management Corporate Actions team is seeking a motivated professional who is looking to work closely with CRMA, Legal and Deal Teams execute updates to credit agreements where Goldman Sachs is acting in a lending capacity. By monitoring the division's loan population, identifying and tracking loan corporate action events, and coordinating with internal decision makers and other operational teams to ensure timely responses back to external parties, you'll gain understanding and exposure across the front-to-back loan operations workflow and lending business within Asset & Wealth Management.
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Our Impact:
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 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, and functions.
The Asset & Wealth Management Corporate Actions team supports the corporate action lifecycle events on loans where Goldman Sachs is acting as a lender. The team supports various internal stakeholders across the firm including CRMA, Legal and Deal Teams transacting in Loans and handles sensitive MNPI for these stakeholders. They are responsible for sourcing corporate action event information, disseminating to the impacted stakeholders and submitting the desks decision to the Agent/Company. The Loans Corporate Actions team is a fast paced, client centric environment where team members have to continually adapt to changes in the business, markets and regulatory environment. In addition, members of the team are expected to drive workflow changes and contribute to the global strategy. We seek team orientated candidates who can demonstrate excellent analytical skills with the ability to manage competing tasks and prioritize risk accordingly. Team members are expected to be able to consistently deliver on day to day execution as well as contribute to the strategic industrialization initiatives.
Principal Responsibilities:
- Demonstrate accurate and timely comprehension and management of Loan Asset Servicing events: Restructurings, Repricing's of Loans, Bankruptcies, etc.
- Build and manage relationships with various internal stakeholders in Operations, CRMA, Deal Teams and other divisions as needed.
- Build and manage relationships with various external stakeholders such as external clients, Agents' and Companies.
- Proactively address concerns raised by internal or external clients by conducting root cause analysis.
- Mitigate MNPI risk through maintaining accuracy in communications with the respective compliance teams and the business.
- Proactively work with global Operations business units to assess and streamline processes in order to mitigate risk or control issues and generate efficiencies.
- Participate in new business memos to help the business further expand their Loans portfolio.
- Daily interaction with senior management.
Experience/Skills:
- Minimum 3 years Operations experience or comparable experience.
- Ability to work and adapt in a fast and challenging environment where priorities can change daily.
- Team oriented - works closely with teammates on daily workflow and sharing knowledge and key information with the team.
- Demonstrates strong leadership skills, ability to gather stakeholder support for initiatives across the teams and see them through to execution.
- Ability to re-engineer processes to reduce manual touchpoints and mitigate risk.
- Excellent organizational, analytical and communication skills.
- Able to take ownership of issues, handle multiple tasks and prioritize accordingly.
- High attention to detail and a high standard for accuracy and responsiveness.
- Change Management - the ability to identify where process improvements can be made to increase efficiency and control.
- Effective problem solver and skilled at gathering and analyzing data to guide decision making.
Preferred Qualifications:
- High level understanding of Asset Servicing at the macro level
- High level understanding of Loans
- Previous Operations experience
- Previous Team leader
- Microsoft Office application proficiency (advanced Excel or Business Intelligence experience is skills a plus)
- Fund Management operations experience
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. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html