Global Banking & Markets Operations Asset Servicing Vice President Bengaluru

Year    Bangalore, Karnataka, India

Job Description


:GLOBAL BANKING & MARKETS - INVESTMENT BANKINGWe pride ourselves in our resourcefulness and work on a variety of initiatives. On any given day, our work could include advising a company on a cross-border merger, structuring the initial public offering of a subsidiary, refinancing an outstanding bond and more.As a division, our strategic objectives include:

  • To be the world\'s preeminent investment bank - trusted advisor, financier and risk manager for our clients on their most important transactions
  • Build long-term relationships with clients and bring them world-class execution by \xe2\x80\x9cdelivering the firm\xe2\x80\x9d over time
  • Drive superior returns for our stakeholders
  • Be the employer of choice for all career levels by providing a highly dynamic, meritocratic, diverse and rewarding workplace
OPERATIONSOperations is a dynamic, multi-faceted function that partners with all parts of the firm to provide banking, securities, and asset management services to clients around the world. In addition, Operations provides essential risk management and controls to preserve and enhance the firm\'s assets and its reputation. For every new product launched and every trade executed, it is Operations that develops and manages the processes and controls that enable business flow. IBD Loan Servicing is a high-value support and risk management team in Operations that is responsible for life cycle events and cash movement on a large portfolio of Bank Loans (Par, Distressed and Trade Claims) across several revenue divisions.YOUR IMPACTAre you looking to work in a fast paced environment where your role has a direct impact on the global markets while working on continuous improvement initiatives? The Bank Loans Corporate Actions team is seeking a motivated professional who is looking to work closely with CRMA, IBD, Legal and Sales and Trading to execute updates to credit agreements where GS is acting in a lending capacity.OUR IMPACTOperations is a dynamic, multi-faceted division that partners with all areas of the firm to deliver banking, sales and trading and asset management capabilities to clients around the world. Alongside this vital service delivery role, Operations provides essential risk management and control, preserving and enhancing the firm\'s assets and its reputation. Operations span all product lines and markets, and functions.The Bank Loans Corporate Actions supports the corporate action lifecycle events on bank loans where GS is acting as a lender. The team supports various internal stakeholders across the firm including CRMA, IBD, Legal and Sales and Trading desks transacting in Bank Loans and handles sensitive MNPI for these stakeholders. They are responsible for sourcing corporate action event information, disseminating to the impacted stakeholders and submitting the desks decision to the Agent/Company. The Bank Loans Corporate Actions team is a fast paced, client centric environment where team members have to continually adapt to changes in the business, markets and regulatory environment. In addition, members of the team are expected to drive workflow changes and contribute to the global strategy. We seek team orientated candidates who can demonstrate excellent analytical skills with the ability to manage competing tasks and prioritize risk accordingly. Team members are expected to be able to consistently deliver on day to day execution as well as contribute to the strategic industrialization initiatives.JOB SUMMARY AND RESPONSIBILITIES
  • Demonstrate accurate and timely comprehension and management of voluntary and mandatory Asset Servicing events: Restructurings, Repricing\'s of Bank Loans, Bankruptcies, etc.
  • Build and manage relationships with various internal stakeholders in Operations, CRMA, IBD, Sales and Trading and other divisions as needed.
  • Build and manage relationships with various external stakeholders such as external clients, Agents\' and Companies.
  • Proactively address concerns raised by traders, sales, internal or external clients by conducting root cause analysis.
  • Mitigate MNPI risk through maintaining accuracy in communications with the respective compliance teams and the business..
  • Proactively work with global Operations business units to assess and streamline processes in order to mitigate risk or control issues and generate efficiencies.
  • Participate in new business memos to help the business further expand their Bank Loans portfolio.
  • Daily interaction with senior management.
BASIC QUALIFICATIONS
  • Minimum 10 years Operations experience or comparable experience.
  • Ability to work and adapt in a fast and challenging environment where priorities can change daily.
  • Team oriented - works closely with teammates on daily workflow and sharing knowledge and key information with the team.
  • Demonstrates strong leadership skills, ability to gather stakeholder support for initiatives across the teams and see them through to execution.
  • Ability to re-engineer processes to reduce manual touchpoints and mitigate risk.
  • Excellent organizational, analytical and communication skills.
  • Able to take ownership of issues, handle multiple tasks and prioritize accordingly.
  • High attention to detail and a high standard for accuracy and responsiveness.
  • Change Management - the ability to identify where process improvements can be made to increase efficiency and control.
  • Effective problem solver and skilled at gathering and analyzing data to guide decision making.
PREFERRED QUALIFICATIONS
  • Understanding of Asset Servicing
  • High level of Operations experience
  • Previous experience of managing a team
  • Understanding of Bank Loans
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.
We believe who you are makes you better at what you do. We\'re committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at .We\'re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more:\xc2\xa9 The Goldman Sachs Group, Inc., 2024. All rights reserved.Goldman Sachs is an equal employment/affirmative action employer.

Goldman Sachs

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Job Detail

  • Job Id
    JD3358853
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Bangalore, Karnataka, India
  • Education
    Not mentioned
  • Experience
    Year