Global Markets - Execution Services Operations - Associate - Paris

MORE ABOUT THIS JOB:

GLOBAL MARKETS

Our core value is building strong relationships with our institutional clients, which include corporations, financial service providers, and fund managers. We help them buy and sell financial products on exchanges around the world, raise funding, and manage risk. This is a dynamic, entrepreneurial team with a passion for the markets, with individuals who thrive in fast-paced, changing environments and are energized by a bustling trading floor.

The Paris Equities Execution Services team is a client facing, risk management team in Operations responsible for supporting cash equities transactions executed by continental European sales desks. The team ensures accuracy of bookings as well as taking care of pre-matching and fails management.

RESPONSIBILITIES AND QUALIFICATIONS:

The Paris Equities Execution Services Operations team performs a range of daily control functions designed to ensure booking accuracy and integrity of books and records. Additionally the team is responsible for the post-allocation flow which includes pre-matching and fails management. Main functions are:

• Allocations

• Trade amendments

• Reconciliations and breaks resolution

• Coordinating processing of life cycle events such asset servicing events

• Trades pre-matching

• Management of fails and settlement issues

In addition the team focusses heavily on continuous process improvement and automation. This is done through partnerships with our clients, sales and other Ops teams with the aim of encouraging adoption of industry best practices in relation to ‘straight through processing’ and thus improving our automation rates.

How you will fulfil your potential

Products and Markets/Risk Management:

• Understand the products and business supported by the team

• Identify and reconcile trade booking errors

• Liaise with Sales to ensure timely/accurate booking of new trades and amendments to existing bookings

• Allocate trades once executed

• Pre-match trades in a timely manner

• Resolve trade fails

Relationship management:

• Establish strong working relationship with the Business and the Federation

• Build a strong partnership with our clients in order to improve the pre-matching/allocation process and client service

• Provide assistance to other Operations and Federation teams dealing with trade related queries and acting as an intermediary and liaising with Sales where necessary.

Leadership skills:

• Identify process inefficiencies and actively contribute to process re-engineering to improve trade flow and

• Drive change by implementing new initiatives/projects

Basic Qualifications:

• Bachelor’s degree and 3-5 years of experience in financial services

• Proven analytical skills, problem solving ability, and a control mentality/attention to details

• Aptitude for building relationships and ability to communicate on complex issues

• Self-motivated and pro-active, organized and able to prioritize effectively. Accountable for projects

• Has capacity to adapt to changing market environment and work well under pressure

• Fluent written and spoken English is required

• Fluent French, German or Dutch is considered a plus

ABOUT GOLDMAN SACHS:

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.

© The Goldman Sachs Group, Inc., 2021. All rights reserved.