Securities Lending Operations, Securities Lending & Settlement, Analyst recruitment

Operations is a dynamic, multi-faceted division that partners with all areas of the firm to deliver banking, sales and trading and asset management capabilities to clients around the world. Alongside this vital service delivery role, Operations provides essential risk management and control, preserving and enhancing the firm’s assets and its reputation.

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. 

BUSINESS UNIT OVERVIEW

Securities Operations supports the Securities, Investment Management and Investment Banking Divisions of the firm. This group manages key relationships for the bank and infrastructure providers, onboarding of institutional and prime brokerage clients, and assists in the coordination of issuance of new financial products. Additional functions include settlement of trades, managing loans and borrow contracts, as well as handling a variety of asset servicing events. 

Securities Lending Operations is a global team with Asian offices in Hong Kong, Tokyo and Bangalore. The team provides pre and post trade execution services, working closely with the business and other federation teams in all aspects of the operational supply chain. The department’s key priorities are to mitigate risk and provide exceptional client service.
The available position is in the Hong Kong Securities Lending team, which provides operational support in the Asian time zone to a global client base operating in the Asian markets. The team also works closely with the Settlement Operations group, which is responsible for ensuring that all Equity and Fixed Income trades are processed and settled in a timely and efficient manner. The role will also include some Settlement Operations responsibilities.

RESPONSIBILITIES

The role will involve a wide variety of tasks, directly supporting the Securities Lending Trading desk as well as other Operations and Federation groups.

The candidate will be responsible for:
• Pre matching urgent trades.
• Collateral management and daily mark to market.
• Following up on urgent enquiries from clients, counterparts and traders.
• Account maintenance.
• Analysing and resolving exceptions to maintain the integrity of the firm’s books and records.
• Proactive follow-up and escalation on unmatched and failing trades with Agent Banks, Counterparties and internal teams.
• Managing inventory to maximize settlement rates, increase liquidity and minimize funding costs.
• Ensuring compliance with applicable local and international regulations as well as GS internal policies.
• Protecting client assets in segregated accounts.
• Continually challenging processes to reduce risk and increase scalability through creative solutions.
• The candidate will need to have a strong focus on risk and control.

SKILLS / EXPERIENCE

MANDATORY
• Strong technical knowledge, 2+ years of experience in a Stock Loan or Settlement Operations role.

PREFERRED
• Exposure to equity products and / or prior settlements experience
• Japanese speaker
• Strong communication and teamwork skills. Experience at interacting at all levels, across business disciplines and regions.
• Time management and ability to multi-task in a high pressure environment.
• Accuracy and attention to detail essential.
• Ability to take ownership for an issue and problem solve, providing clear and concise explanations of findings.
• Self motivated, inquisitive and enthusiastic to learn.

Goldman Sachs is an equal opportunities employer and is committed to the principle of diversity.
Goldman Sachs conducts background checks on individuals offered employment with the firm and employment with Goldman Sachs is conditional upon individuals successfully completing those checks.  As part of the background check process, Goldman Sachs may need to obtain a record of disclosable criminal convictions from a government agency such as the Criminal Records Bureau.
The firm has adopted policies on the recruitment of ex-offenders and on the retention, storage and disposal of criminal record information which are available on request