Bengaluru, Karnataka, India
8 days ago
Global Banking & Markets Operations - Derivatives Confirmations - Associate - Bengaluru

GLOBAL BANKING & MARKETS

Our core value is building strong relationships with our institutional clients, which include corporations, financial service providers, and fund managers. We help them buy and sell financial products on exchanges around the world, raise funding, and manage risk. This is a dynamic, entrepreneurial team that includes individuals who have a passion for the markets and who thrive in fast-paced, changing environments and are energized by a bustling trading floor. 

At Goldman Sachs, our culture is one of teamwork, innovation, and meritocracy. We often say our people are our greatest asset and we take pride in supporting each colleague both professionally and personally. From collaborative workspaces and ergonomic services to wellbeing and resilience offerings, we offer our PD professionals the flexibility and support they need to reach their goals in and outside the office. 

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 develop and manage the processes and controls that enable business flow. 

YOUR IMPACT 

We promote continuous learning by way of cross training and business engagement across the stack of functions in EQ product class. Your role will involve active partnership with the sales, trading, credit, legal and other operations teams which will be key to effectively managing the risk and business / client expectations for the trades we support. In addition to the responsibilities assigned to you, you will be encouraged to contribute ideas towards enhancement and streamlining the activities. You will also manage the team and will be role models for the people you are managing, hence leading by example will be crucial for success in the role. 

OUR IMPACT 

The EQ Operations team manages Equities-related trade confirmations and settlements workflow. The team is responsible for ensuring all Equities OTC derivative deals are confirmed in a timely manner and settled. Partnership with multiple groups is key to effective risk management – teams ensure discrepancies are investigated and resolved by leveraging internal sales/trading, technology, legal, Middle office teams and external dealer / client Backoffice contacts. The individual is required to be dynamic and client service oriented with a high focus on risk and control. From an early stage, we develop and expect our people to think creatively and ‘outside the box, as well as improving the daily process and taking responsibility and ownership for this to happen. The role also requires the ability to seamlessly switch between multiple activities and significant interaction with clients so communication will be a key asset. 

JOB SUMMARY AND RESPONSBILITIES 

Preferably with experience in a derivatives line role, especially in Derivatives Confirmation process and/or legal documentation (Drafting, Affirmation and Confirms execution)Strong grasp of industry, ISDA and market trends that have potential to impact the businessAble to convey complex situations and process flows in simplistic language and presentation materials; focused on proposing solutions Can tell the story that articulates the issue, opportunity and proposed solution, Confident presenting to senior leadershipRelationship building skills - ability to establish trust and connection with others; can relate to and motivate a diverse set of individualsAbility to work in a high-pressure and time sensitive environmentUnderstanding of risk and controls required to support derivative transactions Contributes to the effectiveness of the team by working closely with colleagues by sharing information, skills, and responsibilities Excellent attention to detail and accuracy Effective problem solver Take actions to ensure that controls are in place and procedures are followed Skilled at gathering and analyzing quantitative data to guide decision-making. Has personal impact and experience to negotiate effectively with other internal groups, including sales/trading/structuring teams Ability to meet multiple deadlines in a high intensity environment Ability to manage line related projects for efficiency/control improvements Risk manages confirmations for Equity Derivatives transactions Weekly risk reviews and effective KRI (Key Risk Indicator) reporting Coaching and guidance for team members by providing regular feedback, planning & scheduling training requirements Annual Employee performance review and delivery of feedback Project and initiative management and participation within the team and across regions 

BASIC QUALIFICATIONS 

Bachelor’s degree Equity structured Derivative product knowledge and ISDA Definitions knowledgePrior experience working Equity structured Derivative function is a significant benefitStrong motivation to succeed, both as an individual and as a team Ability to work under pressure, prioritize and meet deadlines, at the same time as risk mitigation Effective problem solving and critical-thinking skills Ability to use discretion and good judgment Excellent communication and interpersonal skills with a strong appreciation of client service 

PREFERRED QUALIFICATIONS 

Minimum 7 years of experience in Operations or related field in financial industryRisk and Control focused Ability to deal with multiple complex issues at the same time while meeting client deadlines 

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

© The Goldman Sachs Group, Inc., 2025. All rights reserved.

Goldman Sachs is an equal employment/affirmative action employer

 

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