Global Banking & Markets- Dcs & Listed Derivatives Ops-Associate-Bengaluru

Job description

**ABOUT GOLDMAN SACHS** 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 **YOUR IMPACT** As a middle office professional in the India Broker Dealer Operations team you will hold a challenging, client-facing role, providing front to back operational support to international trading desks and external clients accessing the Indian Listed Derivative Market. **ABOUT OUR ROLES** The India Broker Dealer Operations team is part of the Global Banking & Markets (Public) division of Goldman Sachs and functions within the Indian securities entity; Goldman Sachs (India) Securities Private limited (GIPL). It is a relatively small team located out of two offices; Mumbai and Bengaluru supporting trading desks and external clients accessing the dynamic and heavily regulated Indian market through the Indian broking entity GIPL. The India Broker Dealer Operations team provides front to back support for all operational aspects of India equities and listed derivative trading, from client initiation all the way through to margin and position management, MTM settlements and accounting functions whilst upholding strict standards of client service and risk management. To this end, the team supports sales and trading while closely collaborating with other parts of the Core such as technology, controllers, compliance and various other teams within operations. **JOB RESPONSBILITIES** - Trade booking, and confirmation of Indian LD trades executed by the firm and its clients - Performing essential trader support in timely manner by furnishing traders in Mumbai and other locations with essential trade and market data - Client reporting on end of day position and margin requirements - Obtaining an in-depth knowledge of the rules, regulations and various nuances of the Indian Listed Derivatives market as well as a sound understanding of our systems - Responding promptly to client and counterparty inquiries, committing to deliverables as well as undertaking ad hoc investigation and analysis - Performing regulatory trade reporting to the exchanges and liaising with clearing members for give-out trades - Client Margin Collateral Management and liaising with Corporate Treasury and various banks on Fixed Deposit placements - Maintaining a strict control standard on our downstream books of accounts and ensuring breaks are resolved in a timely manner - Partnering with clients, trading desks and technology to improve efficiency, scalability and improve client experience through process re-engineering **SKILLS & EXPERIENCE WE’RE LOOKING FOR** BASIC QUALIFICATIONS - Bachelor’s degree with a minimum of one-two years of experience in financial services - 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 in a team environment PREFERRED QUALIFICATIONS - Trading operations and middle office experience - Strong communication skill and comfortable interacting with external clients - Proactively seeks knowledge and takes up self-learning initiatives 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. Opportunity Overview CORPORATE TITLEAssociate OFFICE LOCATION(S)Bengaluru JOB FUNCTIONMatching, Shaping, Allocation DIVISIONGlobal Banking & Markets