Collateral Management Analyst - London

Job description

Job Summary & Responsibilities

YOUR IMPACT

An Analyst within Collateral Management will primarily be focused on the
mitigation of counterparty credit risk through the performance of a number of
operational processes. Analyst will be expected to perform these functions as well
as demonstrating innovation and a proactive approach, highlighting inefficiencies,
risks and implementing improvements. In addition, the analyst will be expected to
provide a high level of service to their clients.
The role will involve close partnership and interaction with a wide range of areas,
including Credit Risk Management, Legal and Compliance, Sales, Trading, Risk
Management and other Operations Departments.  

Collateral Management, part of Margin, Valuations & Pricing Operations sits within
the Goldman Sachs Liquidity Collateral & Optimization organization. A global, multi
faceted and cross product function, the primary objective of the department is the
mitigation of counterparty credit risk through the active monitoring of clients’
derivative and securities financing portfolios.  Collateral Management is currently
+100 staff strong in  globally, with regions in Salt Lake City, New York, London,
Bangalore and Singapore working closely together.

OUR IMPACT

The team have a rare opportunity to support products and business ranging from
foreign exchange, commodities, credit, Equity, Interest Rates, Repo,
Insurance/Pensions and bespoke structured derivatives and arrangements. The team
manages a wide range of complex processes, with members developing skills and
competencies around derivative & security products and their respective business
areas, legal agreements, technology flows and regulations.

Daily  tasks include, but are not limited to:
• Daily monitoring of client portfolios, issuing & receiving collateral calls
• Extensive interaction with clients
• Resolution and escalation of all client disputes and regulatory queries
• New client on-boarding
• Liaison with internal groups (Credit, Sales, Trading, Middle office, Legal, Front Office, Settlements, and Corporate Treasury) to resolve collateral issues
• Reconciliation of portfolios
• Collateral Optimization
• Monthly Interest and coupon settlement
• Performing a number of control functions, ensuring the integrity of our processes

Basic Qualifications
• Ability to generate creative solutions to problems and challenge processes; be willing to dig into the detail to resolve issues
• Some experience of portfolio reconciliations and processing of margin calls would be desirable
• Confidence to interact with external clients
• Strong organizational skills and the ability to cope with rapidly changing priorities throughout the day are essential
• Familiarity with/ability to learn Excel macros and other functions

Preferred Qualifications
• Functional Expertise - Keeps up-to-date with emerging business, economic, and market trends
• Technical Skills - Demonstrates strong technical skills required for the role, pays attention to detail, takes initiative to broaden his/ her knowledge and demonstrates appropriate financial/analytical skills
• Client and Business Focus - Effectively handles difficult requests, builds trusting, long term relationships with clients, helps the client to identify/define needs and manages client/business expectations