Operations – Global Markets Loans Operations Associate – Global Markets Loans Middle Office
Location: London, Greater London, England, United Kingdom
Corporate Title: Analyst
Job Function: Trade Processing
Division: Global Banking & Markets
YOUR IMPACT:
Are you passionate about using your communication skills to influence discussions with internal business teams and outside clients, as well as various Federation teams (including house lawyers, compliance, credit, regulatory teams, and other Operations areas)? The team needs people who can prioritize and display flexibility, pay close attention to detail, and maintain a high standard of accuracy and responsiveness. A positive attitude and a commitment to accomplishing team goals are essential.
OUR IMPACT:
Our team of critical thinkers partners with groups across the firm to perform financial analytics, reporting, data analytics, and engineering. From day one, team members play a vital role in upholding the three Operations principles of client focus, process innovation, and risk management. The team supports various GS business teams involved in secondary market trading of performing and non-performing loans, while also expanding into other areas such as structured products and private equities. We ensure efficient pre-trade due diligence, execution, and settlement of both par and distressed secondary loans, helping to maintain the integrity and accuracy of the firm's risk positions and resolving any trade settlement issues that may arise.
HOW YOU WILL FULFILL YOUR POTENTIAL:
The role involves (but is not limited to):
1. Monitoring trading systems for new trades and confirming trades with outside clients.
2. Reviewing credit agreements and loan documentation to understand the requirements for deal-specific transfers for Par, Distressed, and Private Security transactions.
3. Drafting, reviewing, and negotiating transfer documents (including trade confirms & transfer certificates).
4. Liaising with Legal, Compliance, Credit, Trading Desks, Agency, and Servicing teams to obtain necessary approvals and ensure pricing/cashflows are agreed, reconciled, and settled within our system.
5. Coordinating settlements with Clients and Agents, ensuring all sign-offs and approvals for transfer are obtained.
6. Coordinating loan-to-loan and loan-to-private security restructures, working with Trading Desk, Controllers, Clients, Agents, and Legal to confirm necessary documentation position updates.
This role provides a high level of interaction with trading, sales, and outside clients, along with exposure to in-house lawyers, compliance, credit, regulatory teams, and other Operations areas covering the trading desk.
SKILLS & EXPERIENCE WE’RE LOOKING FOR:
Basic Qualifications:
* Knowledge of Par & Distressed Bank Loans Loan Closing.
* Experience navigating Loan Credit Agreements.
* Excellent people management and coaching skills.
* Ability to work well under pressure and meet strict deadlines.
* Ability to learn quickly in a fast-moving environment.
* Strong attention to detail and the ability to manage a large workload.
* Strong control mindset to enhance existing infrastructure to support increases in business.
* Strong organizational skills and flexibility, with the ability to cope with rapidly changing priorities.
* Excellent interpersonal skills and self-confidence, able to deal with demanding business requirements while protecting the interests and reputation of GS.
ABOUT GOLDMAN SACHS:
At Goldman Sachs, we commit our people, capital, and ideas to help our clients, shareholders, and communities 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 workplace and beyond. Learn more about our culture, benefits, and people at GS.com/careers.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity.
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