The Goldman Sachs Group, Inc

Asset & Wealth Management - Salt Lake City - Associate, Confirmations- 9707172

The Goldman Sachs Group, Inc$70K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business Analytics, Information Systems, Management, Finance, Economics, or related field.
  • 2 years of experience in the job offered or related role.
  • Experience with data analytics tools, particularly Alteryx.
  • Advanced proficiency in Microsoft Excel for data analysis.
  • Familiarity with the trade booking lifecycle, including all stages from Pre-Trade to Risk Management.

Responsibilities

  • Coordinate tasks across teams to support operational trade activities.
  • Support trading desks with ad-hoc queries and business initiatives.
  • Review account metrics and address issues in cash/position reconciliations.
  • Identify and resolve operational issues proactively to prevent client impact.
  • Liaise with clients' counterparties to enable connectivity and service flows.
  • Interpret client requirements from legal and business documentation.
  • Develop technological solutions in response to financial regulatory changes.

Benefits

  • Opportunity to work with a leading financial institution.
  • Exposure to a dynamic, multi-disciplinary team environment.
  • Potential for career growth within a globally recognized firm.
  • Access to advanced data analytics tools and methodologies.
  • Development of skills in a fast-paced financial environment.
Full Job Description
Job Description

Job Duties: Associate, Confirmations with Goldman Sachs & Co. LLC in Salt Lake City, Utah. Coordinate and oversee tasks across a multi-disciplined team to ensure all operational trade related events are received and systems are set up prior to account trading activity. Support trading desks to include ad-hoc queries and ongoing business initiatives. Review account level metrics, and research, escalate, and remediate exceptions with respect to reconciling items on cash/position reconciliations, daily corporate actions, NAV Reconciliations, failing trades, and standard/non-standard reporting deliverables, as defined by operating standards. Proactively review indicators of operational issues to resolve such issues before client impact. Holistic ownership and understanding of client trading accounts by coordinating client issues across all operations teams and business partners.Scalability analysis of workflow cost drivers and trends to help drive process improvements and efficiency, budgeting, and cost allocation to various revenue producing desks. Liaise with clients' appointed counterparties, such as custodian, ALERT, and Prime Brokers, to enable connectivity, establish operational flows and respond to service requests and inquiries. Interpret and determine client requirements and service standards from legal documentation and business requirements, supporting all account events.Coordinate controls and sign-offs both internally and externally.Navigate evolving financial regulatory landscape and help develop technological solutions to build appropriate architecture. Apply process reengineering methodologies in executing strategies and tactical solutions.

Job Requirements: Bachelor's degree (U.S. or foreign equivalent) in Business Analytics, Information Systems, Management, Finance, Economics, or a related field and two (2) years of experience in job offered or a related role. Prior employment must include two (2) years of experience with: data analytics tools, including Alteryx, to enhance reporting used to create transparency and set correct risk appetite; advanced Microsoft Excel, including analyzing and quantifying exception data used in driving process improvements and reduced manual touchpoints; working with Key Risk Indicators (KRIs) and keeping them under allowable thresholds; and working with the overall trade booking lifecycle including Pre-Trade, Trade Execution, Trade Clearing, Trade Settlement, and the final stage of Position and Risk Management.

About The Goldman Sachs Group, Inc

The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services, as well as financial services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. Its Investment Banking segment offers financial advisory services, including advisory assignments concerning mergers and acquisitions, divestitures, corporate defense, risk management, and restructurings and spin-offs; and underwriting services comprising public offerings and private placements of a range of securities, loans, and other financial instruments, and derivative transactions. The company’s Institutional Client Services segment provides client execution services, such as fixed income, currency, and commodities client execution related to making markets in interest rate products, credit products, mortgages, currencies, and commodities; and equities related to making markets in equity products, as well as executes and clears institutional client transactions on stock, options, and futures exchanges. This segment also engages in the securities services business providing financing, securities lending, and other brokerage services to institutional clients, including hedge funds, mutual funds, pension funds, and foundations. Its Investing and Lending segment originates longer-term loans; and invests in debt securities, loans, public and private equity securities, real estate, consolidated investment entities, distressed assets, currencies, commodities, and power generation facilities. The company’s investment management segment provides investment products and services, as well as offers wealth advisory services, including portfolio management and financial counseling, and brokerage and other transaction services.

The Goldman Sachs Group, Inc. Careers

Join the prestigious team at The Goldman Sachs Group, Inc., a global leader in finance and investments, and propel your career to new heights. Our firm is renowned for its commitment to excellence, innovation, and leadership in the financial sector.

Work You’ll Do

At Goldman Sachs, you will be part of a dynamic environment that fosters growth, diversity, and professional development. Engage in transformative projects that redefine the landscape of global finance, driven by a culture of high performance and continuous improvement.

Lead with Innovation and Leadership

Step into a role where your skills will be honed and your leadership capabilities enhanced. The Goldman Sachs Group, Inc. is at the forefront of merging financial expertise with technological innovation, creating a platform for you to lead impactful initiatives.

Join Our Diverse and Inclusive Team

Diversity and inclusion are at the core of our company culture. With employees from various backgrounds, Goldman Sachs thrives on the rich ideas and perspectives that this diversity brings. Here, every team member’s contribution is valued, and every voice is heard.

Explore Job Opportunities and Internships

Whether you’re seeking full-time employment or looking into internship opportunities, Goldman Sachs offers a range of positions that cater to different skills, experiences, and career aspirations. From analyst to executive positions, discover how you can contribute to our legacy of success.

Networking and Professional Growth

Goldman Sachs is not just a workplace. It is a community where you can build lasting relationships with colleagues and industry leaders. Our networking events, mentorship programs, and professional groups foster connections that can accelerate your career trajectory.

Benefits and Career Development

Invest in your future with Goldman Sachs’ unparalleled employee benefits and career development programs. From comprehensive health benefits to personalized career coaching and leadership training, we ensure that our team is equipped for success, both professionally and personally.

Prepare for Your Future

Ready to take the next step? Prepare your resume, sharpen your interview skills, and explore the vast array of job opportunities at The Goldman Sachs Group, Inc. Our hiring process is designed to identify and nurture talent, helping you to achieve your career goals.

Stay Connected

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Join The Goldman Sachs Group, Inc.

Embark on a rewarding journey with The Goldman Sachs Group, Inc. where your potential is limitless. Explore positions, read about our company culture, and apply today to become part of a team that values growth, leadership, and innovation.

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At The Goldman Sachs Group, Inc., your career is just the beginning – it’s an opportunity to excel and lead in the global financial industry. Join us and make your mark!
Learn more about The Goldman Sachs Group, Inc
Size
45,100 employees
Market Cap
$115.8 billion
Industry
Net Income
$9.4 billion
Founded
1869
5 Year Trend
+11.3%
Revenue
$53.4 billion
NASDAQ

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