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

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