Job description
OUR IMPACT
Operations is a dynamic, multi-faceted division that partners with all areas of the firm to deliver banking, sales and trading and asset management capabilities to clients around the globe. Alongside this integral service delivery role, Operations provides essential risk management and control, preserving and enhancing the firm’s assets and its reputation. Behind every trade executed, every new product launched, every market entered, and every transaction completed is an Operations team that develops the foundational processes and controls that make our business flow.
Asset Servicing is a Securities Trade Management business unit responsible for the management of Voluntary Income and Corporate Actions events across the globe for both equity and fixed income products. The team’s role in supporting both internal and external clients throughout the lifecycle of large-scale events, including Mergers and Acquisitions, Shareholder Meetings, and Bankruptcies, provides a unique opportunity to play a part in real-time, impactful market transactions.
YOUR IMPACT
A successful candidate would focus on day-to-day oversight of the execution of event processing, working to ensure that our businesses, clients and stakeholders receive critical updates and support for their elections and decision-making. The candidate would oversee a regional team, collaborating with other groups across the globe, and with the opportunity to work cross-function. Areas of focus for this role include creation of announcement information, instructing client and firm elections into the market, and distributing and reconciling entitlements, alongside a dedicated client-facing service team.
The Asset Servicing role requires a professional with deep Operational expertise and proven experience in helping to manage and develop complex and high-risk functions. There is a wealth of knowledge to be gained from the diversity of the markets, events and products covered by Asset Servicing on a daily basis, along with a unique opportunity to interact heavily with various revenue businesses, Technology and Legal teams, industry experts, and operational units across the firm.
CAREER DEVELOPMENT OPPORTUNITY
This role provides a fantastic opportunity to broaden product and market expertise and to develop effective management skills across a broad range of topics. This role also provides substantial exposure to senior stakeholders, offering excellent opportunities for career progression. The firm provides a range of development tools including Goldman Sachs University courses and a formal Feedback 360+ review process to enhance management effectiveness and equip individuals to progress in their careers.
DESIRED SKILLS & EXPERIENCE
We are searching for a candidate with 5+ years of Asset Servicing experience to join the London team managing voluntary corporate actions across all equity and debt product types.
Responsibilities include:
Communications – Demonstrate great interpersonal skills and ability to develop strong relationships with key stakeholders
- Articulate issues clearly and communicate effectively with all levels of the organization (analyst to managing director)
- Influence others and express alternative views and rationale for a course of action
- Listen well and be receptive to others’ ideas and suggestions, encouraging open and collaborative dialogue among team members
Functional & Technical Expertise – Leverage deep technical expertise to resolve challenging issues
- Possess strong industry and market trend knowledge and experience, and take initiative to broaden skill set
- Exhibit strong analytical skills with an ability to understand complex workflows and seek to become the go-to expert within stakeholder community
- Deliver day-to-day issue resolution through effective time management, prioritization and multi-tasking
Innovation – Contribute to the definition, review, and execution of Global Asset Servicing strategy
- Enhance the control environment through business intelligence-related initiatives to increase scalability, adapt to regulatory changes, and deliver creative solutions to clients
- Identify and deliver functional enhancements in processes and/or core tools and technologies that will improve divisional leverage
- Demonstrate ability to identify and leverage solutions used by other teams, and foster a culture of innovation in which the more junior population is encouraged to seek creative solutions
Client Focus – Deliver consistent client service through partnerships with other teams and divisions
- Effectively handle challenging requests, and build trusting, long-term relationships with clients
- Appreciate key client strategies and proactively manage and articulate the impact on the team and function using BI/analytics and empirical data
Risk Management – Partner with regional management team to provide effective oversight of key Asset Servicing Functions
- Challenge existing risk and control framework and the status quo to further reinforce the control environment
- Proven ability to effectively manage operational risks and develop control enhancements
- Contribute to and drive technical and operating environment risk review
- Provide guidance and advice from a risk and control perspective to ensure the proper remediation of risk arising from new products, business, migrations, etc.
Management, Leadership & Culture
- Partner with a Vice President to build a resilient and motivated team by promoting diverse perspectives, providing transparent feedback, and offering career coaching
- Assume accountability and ownership of complex situations, offering own expertise to influence outcomes
- Play an active role in GS citizenship activities and seek leadership opportunities where possible, while coaching and encouraging others to do the same
PREFERRED QUALIFICATIONS
- Sees the big picture and keeps current with emerging business, economic and market trends.
- Works intensely towards extremely challenging goals and persists in the face of obstacles and setbacks
- Strong team player who collaborates readily with others within and across teams
- Encourages other team members to participate and contribute, and acknowledges others' contributions
- Forward-thinker who anticipates questions, plans for contingencies, and identifies clear objectives
- Improves current processes and develops creative solutions that are grounded in reality and have practical value
- Influences outcomes by taking a position on issues and presenting sound, persuasive rationale for ideas