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Global Banking & Markets Operations-Commodities Documentation-Dallas-Associate

ExperiencedNo visa sponsorship
Goldman Sachs logo

at Goldman Sachs

Bulge Bracket Investment Banks

Posted 14 days ago

No clicks

**Senior Global Banking & Markets Operations Associate, Commodities Documentation - Dallas** You'll collaborate with trading desks, Legal, and external counsel to manage global commodities derivative trade documentation. Key responsibilities include: - Review and preparation of legal documentation - Ensuring controls are in place to mitigate risks - Managing confirmations and escalating issues - Staying current with regulatory changes and advising stakeholders Bring at least 3 years in financial services operations, familiarity with risk and control frameworks, and proficiency in Microsoft applications. Preference for commodity markets or derivatives industry experience. Based in Dallas, TX.

Compensation
Not specified

Currency: Not specified

City
Dallas
Country
United States

Full Job Description

Global Banking & Markets Operations-Commodities Documentation-Dallas-AssociateDallas, TX, United States
Opportunity Overview
CORPORATE TITLEAssociate
OFFICE LOCATION(S)Dallas
JOB FUNCTIONConfirmations
DIVISIONGlobal Banking & Markets

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, its all about bringing together people who are curious, collaborative and have the drive to make things possible for our clients and communities.

Operations is a dynamic, multi-faceted area 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 firms assets and its reputation. Operations spans all product lines and markets, serving as internal business partners who develop the processes and controls and help to specify the systems that deliver accuracy, timeliness and integrity to our business.

Global Banking & Markets (GBM) is responsible for ensuring efficient and accurate transaction processing across a broad range of products. Generally, the products supported are complex instruments that require close alignment with our Business partners. A key focus for the organization is establishing strong risk management procedures and controls to ensure the firm and our clients are properly protected. GBM is at the forefront of shaping and driving change in the industry with the ultimate aim of delivering greater accuracy, control and efficiency for our clients and our businesses.

RESPONSIBILITIES AND QUALIFICATIONS

How you will fulfill your potential:

  • Build and maintain a strong business relationship with derivative trading desks
  • Prepare and review legal documentation of standard and non-standard derivative trade documentation with Trading, Legal and outside counsel
  • Partner with Trading and other Operations teams to provide commentary on legal language and insight for long-term support requirements
  • Ensure control measures are in place and applied to support existing and new structured transactions
  • Ensure confirmations accurately incorporate the appropriate ISDA Definitions, Supplements and MCAs
  • Coordinating with external clients to ensure timely execution of confirmations and resolve all outstanding queries on documentation
  • Participate in enhancement projects with Technology and other Operations colleagues, with an aim to improving scalability and efficiency of the confirmation process
  • Design and initiate process improvements with thorough understanding of template architecture and system flows
  • Respond to an ever-evolving regulatory environment by:
    •  Developing expertise in regulatory requirements and acting as a consultant to translate these regulatory requirements into functional requirements
      • Analyzing regulatory compliance data

Skills

  • Excellent team player, able to work well inside a group and broadly across an organization
  • Proven ability to organize and prioritize own workload and drive results
  • Familiarity with risk and control framework
  • Ability to multitask and work in high pressure environment
  • Strong written and verbal communication skills; demonstrated confidence in communicating in a variety of forums and with varied audiences, including: formal presentations, training sessions, larger meeting venues, and with external/internal clients
  • Proven ability to work effectively in a team environment; able to work independently and as a self-starter, as appropriate
  • Attention to detail, particularly with regard to legal language and a sense of urgency in escalating and resolving outstanding issues
  • Demonstrated commitment to quality controls and procedures
  • Strong problem solving and analytical skills
  • Excellent PC skills, including Microsoft Word and Excel

 

Basic Qualifications

  • Bachelors degree with competitive GPA
  • At least 3 years of professional work experience in financial services operations
  • Proficient with Microsoft applications 
  • Ability to demonstrate strong technical skills and keen attention to detail

 

Preferred Qualifications:

  • Understanding of the commodities markets
  • Understanding of the derivatives industry
  • Project management experience
  • Legal documentation experience
  • Experience working with legal counsel and external customers

 

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

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

Global Banking & Markets Operations-Commodities Documentation-Dallas-Associate

Compensation

Not specified

City: Dallas

Country: United States

Goldman Sachs logo
Bulge Bracket Investment Banks

14 days ago

No clicks

at Goldman Sachs

ExperiencedNo visa sponsorship

**Senior Global Banking & Markets Operations Associate, Commodities Documentation - Dallas** You'll collaborate with trading desks, Legal, and external counsel to manage global commodities derivative trade documentation. Key responsibilities include: - Review and preparation of legal documentation - Ensuring controls are in place to mitigate risks - Managing confirmations and escalating issues - Staying current with regulatory changes and advising stakeholders Bring at least 3 years in financial services operations, familiarity with risk and control frameworks, and proficiency in Microsoft applications. Preference for commodity markets or derivatives industry experience. Based in Dallas, TX.

Full Job Description

Global Banking & Markets Operations-Commodities Documentation-Dallas-AssociateDallas, TX, United States
Opportunity Overview
CORPORATE TITLEAssociate
OFFICE LOCATION(S)Dallas
JOB FUNCTIONConfirmations
DIVISIONGlobal Banking & Markets

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, its all about bringing together people who are curious, collaborative and have the drive to make things possible for our clients and communities.

Operations is a dynamic, multi-faceted area 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 firms assets and its reputation. Operations spans all product lines and markets, serving as internal business partners who develop the processes and controls and help to specify the systems that deliver accuracy, timeliness and integrity to our business.

Global Banking & Markets (GBM) is responsible for ensuring efficient and accurate transaction processing across a broad range of products. Generally, the products supported are complex instruments that require close alignment with our Business partners. A key focus for the organization is establishing strong risk management procedures and controls to ensure the firm and our clients are properly protected. GBM is at the forefront of shaping and driving change in the industry with the ultimate aim of delivering greater accuracy, control and efficiency for our clients and our businesses.

RESPONSIBILITIES AND QUALIFICATIONS

How you will fulfill your potential:

  • Build and maintain a strong business relationship with derivative trading desks
  • Prepare and review legal documentation of standard and non-standard derivative trade documentation with Trading, Legal and outside counsel
  • Partner with Trading and other Operations teams to provide commentary on legal language and insight for long-term support requirements
  • Ensure control measures are in place and applied to support existing and new structured transactions
  • Ensure confirmations accurately incorporate the appropriate ISDA Definitions, Supplements and MCAs
  • Coordinating with external clients to ensure timely execution of confirmations and resolve all outstanding queries on documentation
  • Participate in enhancement projects with Technology and other Operations colleagues, with an aim to improving scalability and efficiency of the confirmation process
  • Design and initiate process improvements with thorough understanding of template architecture and system flows
  • Respond to an ever-evolving regulatory environment by:
    •  Developing expertise in regulatory requirements and acting as a consultant to translate these regulatory requirements into functional requirements
      • Analyzing regulatory compliance data

Skills

  • Excellent team player, able to work well inside a group and broadly across an organization
  • Proven ability to organize and prioritize own workload and drive results
  • Familiarity with risk and control framework
  • Ability to multitask and work in high pressure environment
  • Strong written and verbal communication skills; demonstrated confidence in communicating in a variety of forums and with varied audiences, including: formal presentations, training sessions, larger meeting venues, and with external/internal clients
  • Proven ability to work effectively in a team environment; able to work independently and as a self-starter, as appropriate
  • Attention to detail, particularly with regard to legal language and a sense of urgency in escalating and resolving outstanding issues
  • Demonstrated commitment to quality controls and procedures
  • Strong problem solving and analytical skills
  • Excellent PC skills, including Microsoft Word and Excel

 

Basic Qualifications

  • Bachelors degree with competitive GPA
  • At least 3 years of professional work experience in financial services operations
  • Proficient with Microsoft applications 
  • Ability to demonstrate strong technical skills and keen attention to detail

 

Preferred Qualifications:

  • Understanding of the commodities markets
  • Understanding of the derivatives industry
  • Project management experience
  • Legal documentation experience
  • Experience working with legal counsel and external customers

 

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

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