Global Banking and Markets, Operations - Collateral Management - Collateral and Margin, Associate Associate

Global Banking and Markets, Operations
- Collateral Management
- Collateral and Margin, Associate, Singapore  Singapore, Singapore, Singapore

An Associate within Collateral Management will primarily be focused on the mitigation of counter party credit risk through the performance of and reengineering of a number of operational processes. The role calls for strong Collateral Management or Derivatives experience. The associate 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 Associate 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. As a result, the successful candidate will be required to possess strong communication skills. Collateral Management sits within Margin, Collateral & Valuations Operations A global, multi-faceted and cross product function, the primary objective of the department is the mitigation of counter party credit risk through the active monitoring of clients’ derivative and securities financing portfolios.

Collateral Management is currently +80 staff strong inglobally, with regions in Salt Lake City, New York, London, Bangalore and Singapore working closely together.

The team has an opportunity to support products and businesses 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.

• Provide oversight across the team on the status of Issuance, Bookings & Controls
• Provide training and coaching to team members to support ongoing development and upskilling
• Act as a first point of escalation for client inquiries and issues
• Resolve and elevate client disputes and regulatory queries as appropriate
• Support new client onboarding activities
• Liaise with internal groups (Credit, Sales, Trading, Middle Office, Legal, Front Office, Settlements, and Corporate Treasury) to resolve collateral-related issues.
• Support collateral optimization activities
• Manage monthly interest and coupon settlements
• Perform control functions to help ensure the integrity of operational processes

• Demonstrated problem-solving skills, with the ability to identify solutions, review processes, and investigate issues in detail
• Experience or exposure to portfolio reconciliations and the processing of margin calls is advantageous
• Effective written and verbal communication skills, including the ability to interact with external clients and internal stakeholders
• Strong organizational and prioritization skills, with the ability to manage changing priorities in a dynamic environment
• Proficiency in Microsoft Excel, or the ability to learn Excel macros and advanced functions

• Functional Expertise:
  Maintain daily updates with emerging business, economic, and market trends relevant to the role
• Technical
  
  Skills:
  
  Demonstrates technical skills required for the role, attention to detail, initiative to broaden knowledge, and appropriate financial and analytical capabilities
• Client and Business Focus:
  Ability to manage client requests, build professional relationships, understand client needs, and manage stakeholder expectations effectively

At Goldman Sachs, we…