Global Banking & Markets Operations - ASL & MT Servicing - Associate - Bengaluru
Operations
Bengaluru, Karnataka, India
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.
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.
OPERATIONS
Operations is a dynamic, multi-faceted division that partners with all parts of the firm to provide banking, securities, and asset management services to clients around the world. In addition, Operations provides essential risk management and controls to enhance the firm's assets and its reputation. For every new product launched and every trade executed, it is Operations that develops and manages the processes and controls that enable business flow.
Operations span 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.
YOUR IMPACT
Loan Operations 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 the business. A key focus for the organization is establishing strong risk management procedures and controls to ensure the firm and our clients are properly protected.
The functional processes managed by the Servicing Team are primarily aligned to the loan life cycle: from Origination; Initial Commitment to the loan; Trade Settlement; Drawdown/funding; Scheduled/Unscheduled Pay-downs; reconciliation of cash/position breaks; as well as the ongoing management of information related to our portfolio of loans.
This role provides a high level of interaction with revenue desks, sales, external agents, as well as exposure to compliance, credit, regulatory teams, treasury, technology, and other Operations areas to ensure we provide excellent client service to our wide client base.
HOW YOU WILL FULFILL YOUR POTENTIAL
Gain a comprehensive understanding of the bank loan business through supporting a portfolio of Mortgages & structured products.
- Develop your critical thinking competency by investigating and resolving transactional exceptions.
- Coordinate with various teams to resolve issues in a timely manner.
- Manage risks related to specific processes and identify any deviations from established policies and procedures.
- Contribute to automation of functions, de-risking processes and streamlining of complex processes.
- Enhance your industry knowledge through settlement of complex loan trades.
- Cultivate your problem-solving skills through managing and reviewing complex legal documentation.
- Build your communication skills through daily interactions with the firm’s external business counterparts, such as agent banks, clients, and trading partners.
- Showcase your ability to function as a team player in a highly collaborative environment while working closely with internal stakeholders such as Business Groups, Legal, Tax, Controllers, Technology, Compliance, etc.
- Collaborate with Global teams in New York, Dallas, London, Bengaluru, and Hong Kong on initiatives supporting the loans market.
SKILLS & EXPERIENCE WE’RE LOOKING FOR
BASIC QUALIFICATIONS
- Bachelor’s degree in a finance related field preferred
- Work Experience of minimum of 4 years
- Proven analytical skills, problem solving ability, and a control mentality paired with meticulous attention to detail.
- Aptitude for building relationships and ability to communicate complex issues to a wide array of internal clients with differing levels of product experience.
- Self-motivated and proactive team player, who takes ownership and accountability of projects, has strong organizational skills as well as the ability to effectively manage competing priorities.
- Flexible and able to work well under pressure within a team environment.
PREFERRED QUALIFICATIONS
- Financial or quantitative educational background