Duties: Associate with Goldman, Sachs & Co. in New York, NY. Responsible for supporting the Structured Notes Issuance business by providing daily P&L (profit and loss) and balance sheets, responding to regulatory requests, working with IT to improve flows and reporting processes. Prepare and present weekly and quarterly commentary on trading P&L by analyzing risk, balance sheet, tax implications and market variables including preparing and reviewing 10Q/10K disclosure and footnote reporting for Structured Note products. Maintain control of the Firm’s books and records including the monthly booking of balance sheet (US GAAP and management reporting) and P&L. Liaise with trading desk and operations in order to ensure proper trade booking and work with Operations to solve any booking/servicing related breaks that may arise. Escalate and resolve system breaks to ensure the integrity of the Firm’s balance sheet. Learn and understand the firm’s sub ledger and ledger to process manual journal entries when needed (weekly, monthly, ad-hoc). Liaise with legal entity accountants and Tax department to ensure appropriate entity reporting and taxation. Utilize knowledge of how US and local tax distinctions to analyze how those distinctions may impact monthly manual ledger entries and profitability or regulatory restrictions of a given legal entity or the consolidated firm. Maintain and enhance a valuation and price verification framework for various Structure Notes products to meet pricing policy standards. Perform independent price verification to ensure that the structured notes are appropriately valued in accordance with market levels. Coordinate and run monthly meetings with trading desk head, senior traders and senior Controllers to discuss monthly results and all relevant topics. Navigate highly bespoke and complex proprietary operating platforms and assist in technology projects. Utilize proper accounting to prepare data for FAS159 Fair Value Option footnote disclosure. Must be willing to work with proprietary technology and operating platforms. No knowledge of platforms is required pre-hire.
Work Schedule: 40 hours per week (9:00 a.m. to 6:00 p.m.)
Job Requirements: Bachelor’s degree (US or foreign equivalent) in Accounting, Business, Finance, Economics, Mathematics or a related field. Three (3) years experience in the job offered or in an audit role within the financial services industry. Must have three (3) years experience with: utilizing knowledge of US GAAP accounting standards and SEC / Federal Reserve public reporting requirements with regard to 10Q and 10K reporting for broker dealer firms; interacting with multiple business partners (internal and external) to push forward initiatives and communicate issues; testing pricing for fixed income products by utilizing knowledge of fixed income securities and information from various sources, including Bloomberg analytics; using various Windows desktop applications, particularly Excel including common formula/analytical tools such as pivot tables, vlookup, filtering, and charts; accounting and reporting of financial instruments including fixed income, equity or derivative securities held by a global financial services firm; and financial control infrastructure and control risk assessments in a complex environment, such as a large bank or broker-dealer.
QUALIFIED APPLICANTS: Apply at: https://careers.gs.com. Under ‘Experienced Professionals,’ click on ‘Apply Now.’ If New User, Click on ‘Register Now’. Upon completion, an email with a link will be sent to you. Click or paste link into browser and log-in. On Welcome screen, enter job code into “Keywords:” field and click on “Search”. Click on the job from the results to apply. Complete application tabs, then click ‘Submit’. If already registered, log-in and follow above instructions to submit an application. NO PHONE CALLS PLEASE.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet. © The Goldman Sachs Group, Inc., 2015. All rights reserved.
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