Associate - Port Rec & Valuations

Global Banking & Markets Operations - OTC & Repo Collateral Mgmt - Asoociate - Bengaluru

GLOBAL BANKING & MARKETS

We make markets in and clear client transactions on major stock, options and futures exchanges worldwide. Through our global sales force, we maintain relationships with our clients, receiving orders and distributing investment research, trading ideas, market information and analysis.

OPERATIONS

Operations is a dynamic, multi-faceted segment 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.

YOUR IMPACT

We are looking for a professional who wants to use their skills and experience to help deliver on operations agenda while challenging themselves to further their career at Goldman Sachs.

OUR IMPACT

Operations is a dynamic, multi-faceted function 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

The Portfolio Reconciliation and Valuations Team falls under the broader MCVO (Margin, Collateral and Valuations business unit) within the Global Markets Operations division. Portfolio Reconciliation and Valuations is responsible for ensuring the reconciliation of positions is accurate and any discrepancy resolved in a timely manner. The team manages a variety of products (OTC derivatives) and is responsible for ensuring clients and 3rd party reconciliation tools receive their reports on a timely manner according to their requirements. This is a function in line with Dodd- Frank requirements and is heavily related to the margin rules program since Sept. 2016. The team also provides client valuations to OTC derivative clients and regulatory reporting daily.

JOB SUMMARY AND RESPONSIBILITIES

• Closely work with clients & internal GS teams (Sales, Trading, Controllers, Credit and Middle Office etc.) to communicate, reason, and resolve trade flow and pricing discrepancies in order to resolve collateral disputes.
•  Leverage data analytic outputs to pinpoint top dispute drivers and use your quantitative and analytical skills to further investigate complex dispute drivers across all OTC derivative products
• Ensure proper daily action is taken on work items within the team’s daily workflow/queue as well as ensure assigned items within the team’s email inbox are appropriately investigated, addressed, responded to and resolved in a timely manner
• Ensure assigned work items do not age without proper action
• Grow with the team; develop a deeper understanding of complex derivative transactions and work with our business partners to progress collateral dispute investigation and resolution
• Participate in driving team-wide initiatives focusing on client service and automation
• Use your inquisitive mindset to challenge the status-quo and identify control gaps and operational risk with respect to existing workflows.
• Willingness to learn and leverage business intelligence tools and best practices

BASIC QUALIFICATIONS 

• Bachelor's degree as a minimum requirement. 1 year minimum of professional work experience preferred as well 
• Good communication skills both verbal and written are MANDATORY.
• Analytical skills, risk management/escalation skills, strong problem solving abilities, and meticulous attention to detail
• Must be able to manage sticky issues and escalate appropriately if an issue is not being resolved within the expected timeframe
• Self-motivated and proactive team player who takes ownership and accountability, has strong organizational skills as well as the ability to effectively manage competing priorities
• Aptitude for building relationships and ability to articulate complex issues to a wide array of internal / external clients with differing levels of product experience
• Flexible and able to work well under pressure in a global team environment
• Hands on knowledge working with tools such as Advanced Excel and MS office suite required.
• Understanding of uncleared margin, portfolio reconciliation processes is an added advantage. 
• Familiarity with vendor platforms TriOptima and Acadia an added advantage

PREFERRED QUALIFICATIONS

• Knowledge of Listed and OTC derivatives. Good understanding about the products like Options, SWAPS, Forwards, Equities, Bonds, Fixed Income.
• Understanding on Trade lifecycle and how it works in the investment banking sector.
• Knowledge of trade flows, regulators, regulations and understands business from high and low level.
• Hands on knowledge working with data analytic tools such as Alteryx and Tableau are an added advantage

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