Calgary, Alberta, Canada
6 days ago
Global Banking & Markets Operations-Calgary-Associate-Physical Commodities Operations

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.  For us, it’s all about bringing together people who are curious, collaborative and have the drive to make things possible for our clients and communities.

YOUR IMPACT 

We are looking for a professional and dynamic individual, preferably with a background in Physical Commodities.  The ideal candidate would be able to operate effectively in a challenging and fast-paced environment, partner with the Business and other core Support areas in order to facilitate business growth with a key focus on the risk and control around the trade capture, documentation, and settlement of structured physical transactions. 

OUR IMPACT

Operations is a dynamic, multi-faceted division that partners with all parts of the firm to deliver banking, sales and trading and asset management capabilities to clients around the world. In addition, Operations provides essential risk management and control to preserve and enhance the firm’s assets and its reputation. For every trade agreed, every new product launched or market entered, every transaction completed, it is Operations that develops the processes and controls that makes business flow.

The Physical Commodities Ops team is responsible for the operational support of the physical Natural Gas business in the Americas.  The team will work very closely with our sales and trading teams to facilitate and understand new and existing physical natural gas deals and regulatory filings. In addition to working with sales and trading, the teams interact with other internal teams that include logistics, strategists, technology and legal. 

HOW YOU WILL FULFILL YOUR POTENTIAL

Daily responsibilities may include  The onboarding of new structured physical business, desk support and reviewing contracts for various physical productsThe creation of regulatory reports and the reconciliation of trade data GS liaison with vendor/s for operational support of new business. and coordinating the physical delivery of products Daily monitoring of payments and receipts, invoicing clients and the daily reconciliation of customer account balances for physical transactions covering natural gas and power products.  Responsible for the creation and review of structured excel models that facilitate business support and reconciliations of structured transactionsProviding support to traders, sales and marketers around existing transactions and new business.Daily interaction with Traders, Sales, Technology, Legal, Strategists and other Operational departments Preparation and review of escalation and control reports

SKILLS & EXPERIENCE WE’RE LOOKING FOR

Basic Qualifications 

Bachelor’s degree Technical & Analytical Focus with attention to detailExcel Skills Proactive, self-starting individual with high levels of ownershipAbility to work well under pressure and meet deadlinesTeamwork skillsDemonstrate Risk & Control FocusStrong time management skills and ability to work well under pressure and with competing tasks

Preferred Qualifications 

Advanced Excel Skills preferred Strong understanding of CommoditiesCommunication & Presentation skills

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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