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Goldman Sachs

Global Banking & Markets Operations - Equities Middle Office - Associate - Frankfurt

Frankfurt
Veröffentlicht am 29.06.2024 Festanstellung

Global Banking & Markets Operations - Equities Middle Office - Associate - Frankfurt

Global Banking & Markets Operations - Equities Middle Office - Associate - FrankfurtWithin Global Banking & Markets Operations, the Frankfurt Equities Execution Services Operations team is responsible for supporting cash equities transactions executed by the German/Austrian and Swiss Sales desks, ensuring accuracy of bookings and exceptions resolution.
The position requires a high degree ofmunication with clients, Sales and Trading in a fast paced environment and ongoing interaction with other Operations teams,pliance and Technology to resolve issues arising from trade execution, client queries, and new business. In addition, we are looking for a strong candidate that can help to drive workflow improvement.
The team performs a range of daily control functions designed to ensure booking accuracy and integrity of books and records. Additionally, the team takes care of the post-allocation flow which includes pre-matching and fails management. Main functions are:

  • Client facing role - managing client relationships andmunicating with clients' Middle Offices and custodians
  • Taking part in clients calls, meetings (virtual and face-to-face) and broker reviews
  • Close partnership with Sales &Trading desks to support cash equity business
  • Trade allocations and amendments
  • Reconciliations and breaks resolution
  • Coordinating processing of life cycle events such as asset servicing events
  • Trades pre-matching
  • Management of fails and settlement issues
  • In addition, the team focusses heavily on continuous process improvement and automation. This is done through partnerships with our clients, sales and other Ops teams with the aim of encouraging adoption of industry best practices in relation to 'straight through processing' and thus improving our automation rates.
    Your Impact
    Are you looking for an opportunity to be part of a team that works directly with institutional clients, Sales & Trading desks, Engineering and other business partners to offer best in class client service, solveplex problems and influence change? This is a great opportunity for an analytical/client service individual to utilize their professional skills by controlling risks and driving efficiencies in a fast-paced environment.
    How you will fulfil your potential
    Products and Markets/Risk Management:
  • Understand the products and business supported by the team
  • Identify and reconcile trade booking errors
  • Liaise with Sales to ensure timely/accurate booking of new trades and amendments to existing bookings
  • Allocate trades once executed
  • Pre-match trades in a timely manner
  • Resolve trade fails
  • Relationship management:
  • Establish strong working relationship with the Business and other teams such as Engineering
  • Build a strong partnership with our clients in order to improve the pre-matching/allocation process and client service
  • Provide assistance to other Operations and Federation teams dealing with trade related queries and acting as an intermediary and liaising with Sales where necessary.
  • Leadership skills:
  • Identify process inefficiencies and actively contribute to process re-engineering to improve trade flow and
  • Drive change by implementing new initiatives/projects
  • Basic Qualifications:
  • Bachelor's degree with at least 2 years experience in financial services
  • Proven analytical skills, problem solving ability, and a control mentality/attention to detail
  • Aptitude for building relationships and ability tomunicate onplex issues
  • Highly collaborative and team-focused with ability to interact effectively with a wide range of individuals
  • Effective problem solving and critical thinking skills along with the ability to use discretion and good judgment
  • Self-motivated and pro-active, organized and able to prioritize effectively. Accountable for projects
  • Has capacity to adapt to changing market environment and work well under pressure
  • Fluent written and spoken English and German is required
  • Fluent French and/or Dutch is a plus


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    Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
    Job ID 300007864993679

    Standort

    Goldman Sachs, Frankfurt