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GBM - Public Dept - London - Associate - Margin, Collateral Valuations Operations

ExperiencedNo visa sponsorship
Goldman Sachs logo

at Goldman Sachs

Bulge Bracket Investment Banks

Posted 4 days ago

No clicks

This employer did not include a short summary.

Compensation
Not specified GBP

Currency: £ (GBP)

City
London
Country
United Kingdom

Full Job Description

GBM - Public Dept - London - Associate - Margin, Collateral Valuations OperationsLondon, Greater London, England, United Kingdom
Opportunity Overview
CORPORATE TITLEAssociate
OFFICE LOCATION(S)London
JOB FUNCTIONClient Onboarding & Configuration
DIVISIONGlobal Banking & Markets

YOUR IMPACT

Goldman Sachs is a meritocracy where you will be given all the tools to help you develop. At Goldman Sachs, you will have access to excellent training programmes designed to improve multiple facets of your skills portfolio. Our in-house training programme, Goldman Sachs University offers a comprehensive series of courses that you will have access to as your career progresses. Goldman Sachs University has an impressive catalogue of courses which span technical, business and leadership skills training. 

In order to help you navigate the organisation, you will be given a mentor from outside of your immediate department. This person will be positioned to provide you with objective advice and guidance on your career development.

We value internal mobility. The chance to take on new challenges in the firm over time will ensure that you remain stimulated and will help in your continued professional and personal development. 

Goldman Sachs is an Equal Employment Opportunity Employer and does not discriminate in employment on the basis of age, race, colour, gender, national origin, disability, veteran status, or any other basis that is prohibited by applicable law.


OUR IMPACT

The Goldman Sachs Group, Inc. is 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 high-net-worth individuals. The firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centers around the world. 

Founded in 1869, Goldman Sachs has long sustained a commitment to hiring and training outstanding leaders. Our business principles are rooted in integrity, a commitment to excellence, innovation and teamwork. These values enable us to execute successfully a business strategy that is focused on extraordinary client service and superior long-term financial performance for our shareholders. 

We conduct our business in increasingly complex markets. Our people must continually find new ways to provide access to capital, manage risk and provide investment opportunities for our clients to enable them to realise their goals. We judge ourselves on our ability to help clients anticipate and respond to changing market conditions and to create opportunities that merit the trust they place in us.

We are committed to growing our distinctive Culture and upholding our core values which always place our client's interests first. These values are reflected in our Business Principles, which emphasise integrity, commitment to excellence, innovation and teamwork.

 

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) sits within the Goldman Sachs Operations organization. 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.  The Bangalore MCVO team is works in close partnership with teams in New York, London, Singapore & Salt Lake City. 

Products supported include foreign exchange, commodities, credit, equity, interest rate 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.

 

JOB SUMMARY AND RESPONSBILITIES

An employee within MCVO will primarily be focused on the mitigation of counterparty credit risk through the performance of a number of operational processes. They will be expected to perform these functions as well as demonstrating innovation and a proactive approach, highlighting inefficiencies, risks and implementing improvements. In addition, they will also be expected to provide a high level of service to their clients.

The role will involve close interaction with a wide range of areas of the bank including Credit Risk Management, Legal and Compliance, Sales, Trading, Controllers, Middle Office, Client Representatives, Central Clearing Services and other Operations Departments. As a result the successful candidate will be required to possess strong communication skills.

We promote cross training and ensure our employees develop a broad level of understanding across the varied departmental functions carried out. You can expect to be given early responsibility and in return you will be expected to contribute your own ideas to make a difference and add value to the group.

 

Some specific set of responsibilities are  

Documentation Review & Digitization

  • Review and analyze ISDA Master Agreements, CSAs, and other master documentation, identifying material clauses and key risk terms.
  • Translate complex legal language into structured data, capturing terms (simple to highly structured) into our Credit, Legal, and Margin systems.
  • Serve as the review and approval checkpoint before terms flow into downstream pricing, confirmation, collateral, and regulatory platforms.

Client Onboarding & Settlement Setup

  • Own the setup of client Standard Settlement Instructions (SSIs) for cash and securities, including Alert, Non-Alert, third-party, and tri-party custodian accounts.
  • Configure collateral accounts and work across platforms such as Acadia and TriOptima.

Cross-Functional Partnership

  • Collaborate with Legal, Credit, Middle Office, Trading, Sales, Corporate Treasury, and Risk to resolve issues and unlock opportunities.
  • Partner with Engineering to resolve system breaks and drive scalable enhancement

Risk, Controls & Continuous Improvement

  • Identify operational risks and design robust controls to mitigate them.
  • Ensure prompt resolution of regulatory exceptions (UMR, FINRA and SEC and more).
  • Streamline workflows, build metrics with the global team, and contribute to new product reviews to ensure scalable support.

SKILLS / RELEVANT EXPERIENCE 

  • Derivatives documentation experience  Ops documentation, drafting, middle office, or derivatives legal background.
  • Strong familiarity with ISDA Master Agreements, schedules, and NY/UK law CSAs.
  • Ability to deconstruct legal documentation into operational data components.
  • Solid understanding of regulations such as UMR, FINRA, and Brexit-related changes and their margining implications.
  • Skill in tracing data flows across systems to diagnose and resolve breaks.
  • Hands-on experience with AcadiaSoft, TriOptima, SSI setup (Alert/Non-Alert), and tri-party custodian onboarding
  • Detail-obsessed with a zero-defect mindset.
  • Strong control orientation and sound judgment on when to escalate.
  • Excellent verbal and written communication  comfortable drafting documentation and engaging internal stakeholders.
  • self-starter who thrives both independently and as part of a collaborative global team.
  • Skilled at multitasking, prioritizing, and continuously learning


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. Learn more about our culture, benefits, and people at GS.com/careers. 
 
Were 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

 
The Goldman Sachs Group, Inc., 2023. All rights reserved. Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.
We Offer Best-In-Class Benefits
Healthcare & Medical Insurance
We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.
Holiday & Vacation Policies
We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.
Financial Wellness & Retirement
We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees priorities.
Health Services
We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.
Fitness
To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).
Child Care & Family Care
We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.
Benefits at Goldman Sachs
Read more about the full suite of class-leading benefits our firm has to offer.
Learn More

GBM - Public Dept - London - Associate - Margin, Collateral Valuations Operations

Compensation

Not specified GBP

City: London

Country: United Kingdom

Goldman Sachs logo
Bulge Bracket Investment Banks

4 days ago

No clicks

at Goldman Sachs

ExperiencedNo visa sponsorship

This employer did not include a short summary.

Full Job Description

GBM - Public Dept - London - Associate - Margin, Collateral Valuations OperationsLondon, Greater London, England, United Kingdom
Opportunity Overview
CORPORATE TITLEAssociate
OFFICE LOCATION(S)London
JOB FUNCTIONClient Onboarding & Configuration
DIVISIONGlobal Banking & Markets

YOUR IMPACT

Goldman Sachs is a meritocracy where you will be given all the tools to help you develop. At Goldman Sachs, you will have access to excellent training programmes designed to improve multiple facets of your skills portfolio. Our in-house training programme, Goldman Sachs University offers a comprehensive series of courses that you will have access to as your career progresses. Goldman Sachs University has an impressive catalogue of courses which span technical, business and leadership skills training. 

In order to help you navigate the organisation, you will be given a mentor from outside of your immediate department. This person will be positioned to provide you with objective advice and guidance on your career development.

We value internal mobility. The chance to take on new challenges in the firm over time will ensure that you remain stimulated and will help in your continued professional and personal development. 

Goldman Sachs is an Equal Employment Opportunity Employer and does not discriminate in employment on the basis of age, race, colour, gender, national origin, disability, veteran status, or any other basis that is prohibited by applicable law.


OUR IMPACT

The Goldman Sachs Group, Inc. is 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 high-net-worth individuals. The firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centers around the world. 

Founded in 1869, Goldman Sachs has long sustained a commitment to hiring and training outstanding leaders. Our business principles are rooted in integrity, a commitment to excellence, innovation and teamwork. These values enable us to execute successfully a business strategy that is focused on extraordinary client service and superior long-term financial performance for our shareholders. 

We conduct our business in increasingly complex markets. Our people must continually find new ways to provide access to capital, manage risk and provide investment opportunities for our clients to enable them to realise their goals. We judge ourselves on our ability to help clients anticipate and respond to changing market conditions and to create opportunities that merit the trust they place in us.

We are committed to growing our distinctive Culture and upholding our core values which always place our client's interests first. These values are reflected in our Business Principles, which emphasise integrity, commitment to excellence, innovation and teamwork.

 

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) sits within the Goldman Sachs Operations organization. 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.  The Bangalore MCVO team is works in close partnership with teams in New York, London, Singapore & Salt Lake City. 

Products supported include foreign exchange, commodities, credit, equity, interest rate 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.

 

JOB SUMMARY AND RESPONSBILITIES

An employee within MCVO will primarily be focused on the mitigation of counterparty credit risk through the performance of a number of operational processes. They will be expected to perform these functions as well as demonstrating innovation and a proactive approach, highlighting inefficiencies, risks and implementing improvements. In addition, they will also be expected to provide a high level of service to their clients.

The role will involve close interaction with a wide range of areas of the bank including Credit Risk Management, Legal and Compliance, Sales, Trading, Controllers, Middle Office, Client Representatives, Central Clearing Services and other Operations Departments. As a result the successful candidate will be required to possess strong communication skills.

We promote cross training and ensure our employees develop a broad level of understanding across the varied departmental functions carried out. You can expect to be given early responsibility and in return you will be expected to contribute your own ideas to make a difference and add value to the group.

 

Some specific set of responsibilities are  

Documentation Review & Digitization

  • Review and analyze ISDA Master Agreements, CSAs, and other master documentation, identifying material clauses and key risk terms.
  • Translate complex legal language into structured data, capturing terms (simple to highly structured) into our Credit, Legal, and Margin systems.
  • Serve as the review and approval checkpoint before terms flow into downstream pricing, confirmation, collateral, and regulatory platforms.

Client Onboarding & Settlement Setup

  • Own the setup of client Standard Settlement Instructions (SSIs) for cash and securities, including Alert, Non-Alert, third-party, and tri-party custodian accounts.
  • Configure collateral accounts and work across platforms such as Acadia and TriOptima.

Cross-Functional Partnership

  • Collaborate with Legal, Credit, Middle Office, Trading, Sales, Corporate Treasury, and Risk to resolve issues and unlock opportunities.
  • Partner with Engineering to resolve system breaks and drive scalable enhancement

Risk, Controls & Continuous Improvement

  • Identify operational risks and design robust controls to mitigate them.
  • Ensure prompt resolution of regulatory exceptions (UMR, FINRA and SEC and more).
  • Streamline workflows, build metrics with the global team, and contribute to new product reviews to ensure scalable support.

SKILLS / RELEVANT EXPERIENCE 

  • Derivatives documentation experience  Ops documentation, drafting, middle office, or derivatives legal background.
  • Strong familiarity with ISDA Master Agreements, schedules, and NY/UK law CSAs.
  • Ability to deconstruct legal documentation into operational data components.
  • Solid understanding of regulations such as UMR, FINRA, and Brexit-related changes and their margining implications.
  • Skill in tracing data flows across systems to diagnose and resolve breaks.
  • Hands-on experience with AcadiaSoft, TriOptima, SSI setup (Alert/Non-Alert), and tri-party custodian onboarding
  • Detail-obsessed with a zero-defect mindset.
  • Strong control orientation and sound judgment on when to escalate.
  • Excellent verbal and written communication  comfortable drafting documentation and engaging internal stakeholders.
  • self-starter who thrives both independently and as part of a collaborative global team.
  • Skilled at multitasking, prioritizing, and continuously learning


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. Learn more about our culture, benefits, and people at GS.com/careers. 
 
Were 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

 
The Goldman Sachs Group, Inc., 2023. All rights reserved. Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.
We Offer Best-In-Class Benefits
Healthcare & Medical Insurance
We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.
Holiday & Vacation Policies
We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.
Financial Wellness & Retirement
We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees priorities.
Health Services
We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.
Fitness
To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).
Child Care & Family Care
We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.
Benefits at Goldman Sachs
Read more about the full suite of class-leading benefits our firm has to offer.
Learn More