The Goldman Sachs Group, Inc

Global Banking & Markets - Salt Lake City -Senior Associate, Client Reporting - 10206473

The Goldman Sachs Group, Inc$95K — $115K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Master's degree in Finance, Economics, or related field (or equivalent) with 1 year of relevant experience, or Bachelor's degree with 3 years of relevant experience.
  • Experience working with regulatory guidelines including CFTC, EMIR, and SEC rules.
  • In-depth knowledge of OTC Derivatives and Dodd Frank Act's reporting requirements.
  • Proficiency in data analytics tools such as Alteryx, Tableau, and SQL.
  • Ability to communicate effectively with business stakeholders and team members.

Responsibilities

  • Build and distribute accurate client reports for OTC derivative investment reconciliation.
  • Ensure compliance with Dodd Frank Act's 'Daily Marks' reporting requirement.
  • Develop and enhance Business Intelligence capabilities for risk identification.
  • Collaborate with various departments including trading desks and compliance globally.
  • Drive process improvement in Equity and Fixed Income Derivatives trade management.

Benefits

  • Comprehensive health insurance plans.
  • Retirement savings plan with company match.
  • Opportunities for professional development and certifications.
  • Flexible work arrangements.
  • Access to wellness programs and resources.
Full Job Description
Job Duties: Senior Associate, Client Reporting with Goldman Sachs & Co. LLC in Salt Lake City, Utah. Build, distribute, and ensure the accuracy of reports provided to clients for use in their daily OTC derivative investment reconciliation and monthly books and records. Understand and ensure the daily performance of the EBCSs of the Dodd Frank Act's "Daily Marks" reporting requirement. Develop Business Intelligence capabilities that identify risk derived from the correlation of quantitative and qualitative data. Collaborate with multiple areas in the Firm including trading desks, sales desks, desk strategists, structuring groups, operations, technology, legal, and compliance departments globally. Process improvement in Equity Derivatives and trade management of Equity Derivatives. Process improvement in Fixed Income (bonds, notes, rates, currency, and commodities) and trade management of the same. Job Requirements: Master's degree (U.S. or foreign equivalent) in Finance, Economics, or related field and one (1) year of experience in the job offered or in a related role OR Bachelor's degree (U.S. or foreign equivalent) in Finance, Economics, or related field and three (3) years of experience in the job offered or in a related role. Prior experience must include one (1) year of experience (with a Master's degree) OR three (3) years of experience (with a Bachelor's degree) with: working with regulatory guidelines including CFTC Rule 23.504, EMIR Article 11, and SEC Rule 15c3-3; working with Over-the-Counter (OTC) Derivatives; working with Data analytics tools including Alteryx, Tableau, and SQL; in Depth working knowledge of Dodd Frank Act's "Daily Marks" reporting requirement; communicating with business stakeholders and team members; creating complex data workflows, visualizing data trends, and performing advanced SQL queries to identify and resolve discrepancies efficiently; and utilizing platforms including Markitwire and Depository Trust and Clearing Corporation (DTCC) & Trioptima.

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.

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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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