Asset & Wealth Management Operations-AMD Public-Position Control-Senior Analyst-Dallas

At Goldman Sachs, we connect people, capital and ideas to help solve problems for our clients. We are a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals.

For us, it’s all about bringing together people who are curious, collaborative and have the drive to make things possible for our clients and communities.

YOUR IMPACT

Are you looking to apply your client service and analytical skills while deepening your understanding of asset management?

Our Investment Guidelines team is seeking a professional who is looking to partner with our diversified Asset Management Portfolio Managers and global business counterparts to provide best in-class client experience to define solutions and lead change across the operational infrastructure.

The Associate will be responsible for performing daily surveillance on some of the business strategies we support to ensure AMD’s compliance with client and regulatory guidelines.

The ideal candidate will be exposed to a number of different strategies including fixed income, quantitative equity, fundamental equity and global portfolio solutions, across a multitude of financial instruments.

The candidate will be expected to learn quickly and add value in understanding and clearing any guideline breaches with the respective trading, portfolio manager, and compliance teams.

OUR IMPACT

The Investment Guideline team sits within Investment operations which has primary responsibility of coding investment guidelines into compliance monitoring systems and providing pre-trade & post-trade oversight .

These functions cover a wide range of clients and a complex product range, which include equities, fixed income, currency and derivatives.

This involves extensive interaction with traders, portfolio managers and client relationship managers to ensure effective oversight for existing business and also to shape and implement monitoring related solutions for new clients, products, strategies, and system architecture.

BUSINESS UNIT OVERVIEW

Asset and Wealth Management Division (AWM) is the investment management arm providing global investment opportunities to a substantial and diversified client base including institutions, governments and high net worth individuals.

AWM has become one of the pre-eminent investment management organizations globally, with responsibility for over $800bn assets under management.

AWM Operations delivers asset management and wealth management capabilities to clients around the world. We are a multi-faceted group that partners with all areas of the Asset and Wealth Management Division to support evolving markets and business requirements.

Alongside that vital service delivery role, Asset and Wealth Management Operations provides essential risk management and control.

Within Asset and Wealth Management Operations the investment guidelines role will require an individual to join a team that performs coding, testing and post trade surveillance for client investment guidelines and regulatory guidelines within AWM.

JOB SUMMARY AND RESPONSBILITIES

Holistic ownership and understanding of client accounts, trade life-cycle and act as a single point of contact for AMD business for any guideline related issues.

Types of accounts include separately managed accounts, mutual funds, sub-advised funds, pooled vehicles, hedge funds.

• Perform daily portfolio and trading surveillance to ensure that AWM meets strict regulatory and fiduciary responsibilities across all types of financial instruments and portfolio management strategies
• Work with the Traders, Portfolio Management team, Compliance and other internal functional areas of AWM in order to resolve client and regulatory investment guideline breaches.
• Conduct independent review of the rules created by the coding resources of the team
• Provide monthly, quarterly and annual certifications of investment guidelines compliance to clients
• Partner and liaise with client implementation team to qualify new business, implement account events, and ensure the adequacy of account surveillance.
• Proactively review indicators of operational issues / concerns with the goal of resolving such issues before client impact.
• Providing effective thought leadership in navigating evolving financial regulatory landscape and helping to develop technological solutions to build appropriate architecture.
• Develop and draft applicable policies and procedures.

BASIC QUALIFICATIONS

• Bachelor’s degree required
• Analyst or Senior Analyst level with around 2 years of professional experience in financial services
• Knowledge of operational aspects of trade management or guideline monitoring systems
• Be highly collaborative, team-oriented and strong consensus builder
• Demonstrate ability to partner across product groups, regions and functional responsibilities.
• Possess strong communication and interpersonal skills both written and oral

PREFERRED QUALIFICATIONS

• Understanding of Equity, Fixed Income, Currencies and Derivatives
• Comfortable escalating to Sales, Trading, Compliance, and Legal
• Strong Microsoft Excel skills
• Experience working with guideline monitoring systems like Sentinel, Charles River etc will be a plus
• CFA / FRM level 1 or other industry certifications will be an added advantage
• Be a strategic thinker, possess strong facilitation and data gathering skills
• Effective problem solver, attention to detail and ability to work to tight deadlines under pressure
• Risk management focus

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 / careers.

We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process.