The Goldman Sachs Group, Inc

Global Banking & Markets Operations - Corporate Derivatives - New York - Vice President

The Goldman Sachs Group, Inc • $100K — $235K *
New York, NY 10025In-Person
Finance & Insurance
5 - 7 years of experience
1 month ago
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Economics, Mathematics, or related field.
  • 7+ years of experience in financial services, preferably in operations or sales support.
  • Proficiency in Microsoft Excel with skills in VLOOKUPs and Pivot Tables.
  • Exceptional attention to detail for accurate data management.
  • Strong communication skills for interaction with trading desks and clients.
  • Ability to thrive in fast-paced, high-pressure environments.

Responsibilities

  • Generate and distribute trade recaps post-booking for stakeholder alignment.
  • Monitor trade lifecycle events, providing real-time updates to the Sales desk.
  • Resolve urgent payment issues through coordination with Settlements and Authentication teams.
  • Manage onboarding requests for electronic dealing lines and resolve tech failures.
  • Perform validations of trade confirmations against internal risk systems.
  • Investigate and resolve discrepancies in trade economic terms with relevant teams.
  • Record and track daily revenues for transaction analysis and reporting.

Benefits

  • Competitive benefits and wellness offerings.
  • Opportunities for professional development and career growth.
  • Collaborative work culture at a high-revenue environment.
Full Job Description
Job Description

Role Overview

The Derivatives Sales Support team is seeking a highly motivated Operations Vice President to provide critical front-to-back operational support for our Derivatives Sales desk focusing on interest rate products and FX transaction, including complex structures such as Deal Contingent hedges. This role serves as a vital link between the Sales team, Trading desk, and Middle Office, ensuring the seamless execution and reporting of complex derivative transactions. The role includes the exciting opportunity to build a team to directly support growth for a focus business of the firm.

The successful candidate will be responsible for the integrity of trade data, the accuracy of client communications, and the maintenance of our internal client relationship infrastructure. This is an exciting opportunity to build an operations team embedded within the business with significant opportunity for growth.

Key Responsibilities

1. Onboarding, Post-Trade Workflows & Transaction Lifecycle Management
  • Generate and distribute internal and external trade recaps immediately following trade booking to ensure all stakeholders are aligned on execution terms.
  • Monitor trade lifecycle events and provide real-time updates to the Sales desk regarding booking status.
  • Monitor shared inboxes to identify and resolve urgent payment or same-day settlement issues; coordinate with the Settlements and Authentication teams
  • Manage onboarding and mapping requests for electronic dealing lines on FXall, 360T, and Bloomberg; monitor credit line connectivity and liaise with Tech/Credit teams to resolve mapping failures.

2. Trade Reporting and Revenue Tracking
  • Perform rigorous "maker-checker" validations by comparing formal trade confirmations against trades booked in internal risk management systems and client communications.
  • Identify, investigate, and resolve discrepancies in economic terms (e.g., notional amounts, strike prices, maturity dates) by liaising with the Middle Office and Trading teams.
  • Ensure all trades are accurately matched in a timely manner to mitigate operational and regulatory risk.
  • Record and track daily revenues for each transaction, maintaining accurate logs for internal management reporting and sales performance analysis.

3. Client Onboarding & Data Integrity
  • Facilitate the end-to-end onboarding of new corporate derivative accounts by collecting Customer Identification Program (CIP), Customer Due Diligence (CDD) documentation, and regulatory information
  • Maintain the accuracy of client static data to support seamless onboarding and regulatory compliance (KYC/AML).
  • Assist in the preparation of client-facing materials and reports by leveraging CRM data to identify trends in client activity.


Qualifications and Skills
  • Education: Bachelor's degree in Finance, Economics, Mathematics, or a related field.
  • Experience: 7+ years of experience in financial services; prior internships in operations, middle office, or sales support are highly preferred.
  • Technical Skills: Proficiency in Microsoft Excel (e.g., VLOOKUPs, Pivot Tables) is essential. Familiarity with Bloomberg or internal banking systems is a plus.
  • Attention to Detail: Exceptional accuracy in data entry and the ability to spot minute discrepancies in complex financial documents.
  • Communication: Professional verbal and written communication skills for interacting with high-pressure trading desks and institutional clients.
  • Adaptability: Ability to thrive in a fast-paced, time-sensitive environment and manage multiple competing priorities.


Why Join This Team?
  • Product Exposure: Gain hands-on experience with a wide range of derivative instruments (e.g., Swaps, Options, Forwards).
  • Collaborative Environment: Work at the heart of the bank's revenue-generating activities in a team-oriented culture.


Salary Range
The expected base salary for this New York, New York, United States-based position is $100000-$235000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.

Benefits
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.

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

Keep up to date with the latest from Goldman Sachs Careers by subscribing to our job alert emails. Tailor your preferences to receive updates that match your career interests and stay ahead in the competitive financial sector.

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.

SEARCH GOLDMAN SACHS JOBS

READ CAREERS BLOG

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
Finance & Insurance
Net Income
$9.4 billion
Founded
1869
5 Year Trend
+11.3%
Revenue
$53.4 billion
NASDAQ
GS
* Ladders Estimates

Similar Jobs

Ad banner background

Get Ready For Your
Next Interview

More Jobs at The Goldman Sachs Group, Inc

More Finance & Insurance Jobs

Find similar Global Banking & Markets Operations - Corporate Derivatives - New York - Vice President jobs:

NationwideNew York, NY