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Global Banking & Markets Operations - OTC & Repo Collateral Mgmt - Associate - Bengaluru

ExperiencedNo visa sponsorship
Goldman Sachs logo

at Goldman Sachs

Bulge Bracket Investment Banks

Posted 10 days ago

No clicks

**Global Banking & Markets Operations - OTC & Repo Collateral Mgmt - Associate - Bengaluru** - **Manage counterparty credit risk** through collaterals (OTC & Repo) - **Analyze ISDA/CSA documentation**, identify key risks, and enhance controls - **Collaborate** with Legal/Compliance, Sales/Trading, IT, and other internal teams - **Implement system enhancements** to increase efficiency and mitigate risks - **Develop understanding** of legal/credit workflows and systems - **Previous experience** in collateral management, uncleared margin rules, or OTC derivatives preferred - **Master's degree in Business, Finance, or related field** preferred - **odobserve strict attention to detail**, strong communication skills, and proactivity

Compensation
Not specified

Currency: Not specified

City
Bengaluru
Country
India

Full Job Description

Global Banking & Markets Operations - OTC & Repo Collateral Mgmt - Associate - BengaluruBengaluru, Karnataka, India
Opportunity Overview
CORPORATE TITLEAssociate
OFFICE LOCATION(S)Bengaluru
JOB FUNCTIONCollateral and Margin
DIVISIONGlobal Banking & Markets

GLOBAL BANKING & MARKETS 

We make markets in and clear client transactions on major stock, options and futures exchanges worldwide. Through our global sales force, we maintain relationships with our clients, receiving orders and distributing investment research, trading ideas, market information and analysis. 

OPERATIONS 

Operations is a dynamic, multi-faceted division that partners with all parts of the firm to deliver banking, sales and trading and asset management capabilities to clients around the world. In addition, Operations provides essential risk management and control to preserve and enhance the firms assets and its reputation. For every trade agreed, every new product launched, or market entered, every transaction completed, it is Operations that develops the processes and controls that makes business flow. 

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 programs designed to improve multiple facets of your skills portfolio. Our in-house training program, 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. 

To help you navigate the organization, 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 based on age, race, colour, gender, national origin, disability, veteran status, or any other basis that is prohibited by applicable law 

OUR IMPACT 

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 RESPONSIBILITIES 

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 

  • Review and analyze ISDA/CSA and other Master documentation; Determine material clauses and identify key risks in documentation 
  • Develop a comprehensive understanding of the Legal and Credit workflow and systems 
  • Liaise with Legal, Credit, Middle Office, Trading/Sales/Strategists, Corporate Treasury and other internal GS teams on issues 
  • Work closely with IT to identify/resolve system issues, and implement system enhancements to increase efficiency in current processes 
  • Identify potential risks in operational processes; develop and implement controls to mitigate risk 
  • Analyze and improve workflow to improve operational efficiency 
  • Work with the global team to produce reports and build metrics 
  • Working on Adhoc issues with internal MCVO teams 
  • Performing several control functions, ensuring the integrity of our processes 
  • Review and approval of management and regulatory reports 

BASIC QUALIFICATIONS 

  • Ability to break down and fully understand documentation and parse into constituent components 
  • Attention to detail goal of zero defect in work product 
  • Ability to work independently as well as be part of an interactive team 
  • Ability to multi-task and prioritize 
  • Strong control orientation 
  • Good problem-solving skills/judgment including ability to identify issues that require escalation 
  • Excellent verbal and written communication role require a lot of interaction with internal clients as well as drafting process documentation. 
  • Self-starter who will push themselves to learn 

PREFFERED QUALIFICATIONS 

  • Functional Expertise - Keeps up to date with emerging business, economic, and market trends 
  • Technical Skills - Demonstrates strong technical skills required for the role, pays attention to detail, takes initiative to broaden his/her knowledge and demonstrates appropriate financial/analytical skills having knowledge in OTC Derivatives, Collateral Management or Uncleared Margin Rules is a good-to-have 
  • Drive and Motivation - Successfully handles multiple tasks, takes initiative to improve his/her own performance, works intensely towards extremely challenging goals and persists in the face of obstacles or setbacks 
  • Client and Business Focus - Effectively handles difficult requests, builds trusting, long-term relationships with clients, helps the client to identify/define needs and manages client/business expectations 
  • Teamwork Gives evidence of being a strong team player, collaborates with others within and across teams, encourages other team members to participate and contribute and acknowledges others' contributions 
  • Communication Skills - Communicates what is relevant and important in a clear and concise manner and shares information/new ideas with others 
  • Judgment and Problem solving - Thinks ahead, anticipates questions, plans for contingencies, finds alternative solutions and identifies clear objectives. Sees the big picture and effectively analyses complex issues 
  • Creativity/Innovation - Looks for new ways to improve current processes and develop creative solutions that are grounded in reality and have practical value 
  • Influencing Outcomes - Presents sound, persuasive rationale for ideas or opinions. Takes a position on issues and influences others' opinions and presents persuasive 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., 2026. All rights reserved.

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 - OTC & Repo Collateral Mgmt - Associate - Bengaluru

Compensation

Not specified

City: Bengaluru

Country: India

Goldman Sachs logo
Bulge Bracket Investment Banks

10 days ago

No clicks

at Goldman Sachs

ExperiencedNo visa sponsorship

**Global Banking & Markets Operations - OTC & Repo Collateral Mgmt - Associate - Bengaluru** - **Manage counterparty credit risk** through collaterals (OTC & Repo) - **Analyze ISDA/CSA documentation**, identify key risks, and enhance controls - **Collaborate** with Legal/Compliance, Sales/Trading, IT, and other internal teams - **Implement system enhancements** to increase efficiency and mitigate risks - **Develop understanding** of legal/credit workflows and systems - **Previous experience** in collateral management, uncleared margin rules, or OTC derivatives preferred - **Master's degree in Business, Finance, or related field** preferred - **odobserve strict attention to detail**, strong communication skills, and proactivity

Full Job Description

Global Banking & Markets Operations - OTC & Repo Collateral Mgmt - Associate - BengaluruBengaluru, Karnataka, India
Opportunity Overview
CORPORATE TITLEAssociate
OFFICE LOCATION(S)Bengaluru
JOB FUNCTIONCollateral and Margin
DIVISIONGlobal Banking & Markets

GLOBAL BANKING & MARKETS 

We make markets in and clear client transactions on major stock, options and futures exchanges worldwide. Through our global sales force, we maintain relationships with our clients, receiving orders and distributing investment research, trading ideas, market information and analysis. 

OPERATIONS 

Operations is a dynamic, multi-faceted division that partners with all parts of the firm to deliver banking, sales and trading and asset management capabilities to clients around the world. In addition, Operations provides essential risk management and control to preserve and enhance the firms assets and its reputation. For every trade agreed, every new product launched, or market entered, every transaction completed, it is Operations that develops the processes and controls that makes business flow. 

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 programs designed to improve multiple facets of your skills portfolio. Our in-house training program, 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. 

To help you navigate the organization, 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 based on age, race, colour, gender, national origin, disability, veteran status, or any other basis that is prohibited by applicable law 

OUR IMPACT 

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 RESPONSIBILITIES 

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 

  • Review and analyze ISDA/CSA and other Master documentation; Determine material clauses and identify key risks in documentation 
  • Develop a comprehensive understanding of the Legal and Credit workflow and systems 
  • Liaise with Legal, Credit, Middle Office, Trading/Sales/Strategists, Corporate Treasury and other internal GS teams on issues 
  • Work closely with IT to identify/resolve system issues, and implement system enhancements to increase efficiency in current processes 
  • Identify potential risks in operational processes; develop and implement controls to mitigate risk 
  • Analyze and improve workflow to improve operational efficiency 
  • Work with the global team to produce reports and build metrics 
  • Working on Adhoc issues with internal MCVO teams 
  • Performing several control functions, ensuring the integrity of our processes 
  • Review and approval of management and regulatory reports 

BASIC QUALIFICATIONS 

  • Ability to break down and fully understand documentation and parse into constituent components 
  • Attention to detail goal of zero defect in work product 
  • Ability to work independently as well as be part of an interactive team 
  • Ability to multi-task and prioritize 
  • Strong control orientation 
  • Good problem-solving skills/judgment including ability to identify issues that require escalation 
  • Excellent verbal and written communication role require a lot of interaction with internal clients as well as drafting process documentation. 
  • Self-starter who will push themselves to learn 

PREFFERED QUALIFICATIONS 

  • Functional Expertise - Keeps up to date with emerging business, economic, and market trends 
  • Technical Skills - Demonstrates strong technical skills required for the role, pays attention to detail, takes initiative to broaden his/her knowledge and demonstrates appropriate financial/analytical skills having knowledge in OTC Derivatives, Collateral Management or Uncleared Margin Rules is a good-to-have 
  • Drive and Motivation - Successfully handles multiple tasks, takes initiative to improve his/her own performance, works intensely towards extremely challenging goals and persists in the face of obstacles or setbacks 
  • Client and Business Focus - Effectively handles difficult requests, builds trusting, long-term relationships with clients, helps the client to identify/define needs and manages client/business expectations 
  • Teamwork Gives evidence of being a strong team player, collaborates with others within and across teams, encourages other team members to participate and contribute and acknowledges others' contributions 
  • Communication Skills - Communicates what is relevant and important in a clear and concise manner and shares information/new ideas with others 
  • Judgment and Problem solving - Thinks ahead, anticipates questions, plans for contingencies, finds alternative solutions and identifies clear objectives. Sees the big picture and effectively analyses complex issues 
  • Creativity/Innovation - Looks for new ways to improve current processes and develop creative solutions that are grounded in reality and have practical value 
  • Influencing Outcomes - Presents sound, persuasive rationale for ideas or opinions. Takes a position on issues and influences others' opinions and presents persuasive 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., 2026. All rights reserved.

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