Asset & Wealth Management Operations- Liquidity Management- Vice President, New York

GOLDMAN SACHS ASSET MANAGEMENT (GSAM)

Goldman Sachs Asset Management (GSAM) is one of the world's leading investment managers. GSAM provides institutional and individual investors with investment and advisory solutions, with strategies spanning asset classes, industries, and geographies. We help our clients navigate today's dynamic markets, and identify the opportunities that shape their portfolios and long-term investment goals. We extend these global capabilities to the world's leading pension plans, sovereign wealth funds, central banks, insurance companies, financial institutions, endowments, foundations, individuals and family offices.

AWM PUBLIC INVESTING 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 preserve and 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.

OUR IMPACT

The Liquidity Management (LM) team sits within Investment Operations which has primary responsibility for all aspects of cash management, collateral management, post-trade guideline oversight, trade life-cycle and serves as the single point of contact for all operations related liquidity inquiries across GSAM. These functions cover a wide range of clients and a complex product range, which include equities, fixed income, currency and derivatives. The group supports portfolio managers, client relationship managers by providing accurate and timely liquidity information and overseeing all aspects of operational risk & clients counterparty risk across portfolios. This involves extensive interaction with internal and external parties to ensure effective oversight for existing business and also to shape and implement solutions for new clients, products, strategies, and system architecture.

HOW YOU WILL FULFILL YOUR POTENTIAL

• Holistic ownership and understanding of client accounts from a GSAM Operations perspective, understanding trade life-cycle and acting as a single point of contact for GSAM business for any liquidity related issues
• Daily cash forecasting in multi-currency portfolios to include overdraft monitoring and fund liquidity reporting
• Manage collateral and counterparty exposures across multiple product classes and various regulations
• Build relationships with outside financial institutions (brokers, custodians, prime brokers and fund administrators) to improve the quality and productivity of work by integrating best practices as appropriate
• Liaise with traders and brokers to ensure efficient settlement of trading activity
• Partner and liaise with client relationship team and client implementation team to qualify new business, implement account events, and ensure the adequacy of account structures and surveillance
• Proactively review indicators of operational issues/concerns with the goal of resolving such issues before client impact
• Review account level metrics (i.e. reconciling items on cash/position reconciliations, failing trades, etc.) as defined by operating standards and research, escalate, remediate exceptions as appropriate
• Act as point of escalation & oversight for Trading desk support including ad-hoc queries as well as ongoing business initiative

SKILLS & EXPERIENCE WE ARE LOOKING FOR

BASIC QUALIFICATIONS

• Bachelor's Degree
• Minimum of 5-7 years of professional experience
• Proficient in Microsoft Office, specifically Word, Excel, and PowerPoint
• Be highly collaborative, team-oriented and strong consensus builder
• Demonstrate strong communication and interpersonal skills both written and oral

PREFERRED QUALIFICATIONS

• Strong understanding of derivative products and associated margin requirements (Futures, Cleared Swaps, OTC, Repo, Listed Options)
• Background and understanding of Uncleared Margin Rules, EMIR, SEC UMR, Security-Based Swaps
• Uncleared Margin Rules Phase 4-6 experience with implementation or management
• Knowledge or experience working with Security Collateral for derivative products
• Knowledge of Collateral or Treasury operations
• Demonstrate ability to partner across product groups, regions and functional responsibilities
• Be a strategic thinker, possesses strong facilitation and data gathering skills
• Attention to detail and ability to work to tight deadlines under pressure and to provide practical solutions
• Risk management focus
• Previous experience of workflow oversight and/or people management within a team

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.

We're 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

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