Operations Specialist - OPS61317HJZ
MORE ABOUT THIS JOB
Duties: Operations Specialist with Goldman Sachs & Co. LLC in Jersey City, NJ. Function on a team that partners with all parts of the Firm to deliver banking, sales and trading and asset management capabilities and provide essential risk management and control to preserve and enhance the Firm's assets and its reputation. Responsibilities include: Communicate any exceptions to clients regarding trade bookings, commissions or margins, ensuring timely resolution of all discrepancies. Ensure clients are meeting their margin calls in a timely fashion. Coordinate discussions with the Firm's Sales, Trading, Operations and Technology groups to come up with solutions to resolve booking issues whenever they arise. Identify areas for improvement to reduce risk and improve efficiencies and working with technology teams on solutions implementation.
Work Schedule: 40 hours per week (9:00 a.m. to 6:00 p.m.)
RESPONSIBILITIES AND QUALIFICATIONS
Job Requirements: Bachelor's degree (U.S. or equivalent) in an analytical field such as Finance, Business Administration, Engineering. Two and a half (2.5) years of experience in the job offered or in a related financial operations role. Prior work experience must include: Utilizing knowledge of futures / OTC cleared product knowledge, including margin flows, trade flows and commission flows; client facing experience; trade settlement experience and product knowledge in futures / OTC cleared swap trade allocation risk, investigating and evaluating trading issues, and ultimately resolving daily market risk with external brokers; problem solving and analytical skills pertaining to trade booking reconciliation, general ledger trade breaks, and identifying and resolving market sensitive trade flow issues; balancing a wide variety of tasks, prioritizing them appropriately, and escalating as needed to a wider audience to ensure correct action; utilizing client service skills to effectively manage unique client requests and communicate operational requirements and procedures in a high pace and demanding environment; using standard Microsoft tools including Excel, Word and PowerPoint to track volumes, workflow, and projects including utilizing Pivot tables to manage large datasets, V-looks ups, and basic macros to minimize manual processes and efficiently manage risk; utilizing industry knowledge and client service skills to effectively manage unique client requests and communicate regulatory and operational requirements and procedures; experience with oversight and management of exceptions and understanding of reconciliations to ensure accurate reporting and address breaks and discrepancies.
ABOUT GOLDMAN SACHS
The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.
© The Goldman Sachs Group, Inc., 2017. All rights reservedGoldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.
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