Operations - Commodities Middle Office, Drafting - Associate - Singapore

Job id

24212

Location

Singapore

Full/Part Time

Full-time

Job Summary & Responsibilities

Operations 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, serving as internal business partners who develop the processes and controls, and help to specify the systems that deliver accuracy, timeliness and integrity to our business.

Commodity Operations supports the international commodities sales and trading desks covering a wide range of products.  Reporting to the Commodities Middle Office Team Manager, you will be responsible for the following:

• Providing exceptional client service by building strong relationships with global Traders, Sales, internal teams and other third parties
• Monitoring internal system breaks
• Performing trade checkout of front office booking vs. sales termsheet and work with Trading, Sales and Strats to correct any discrepancies
• Post trade event monitoring
• Working closely with brokers to ensure timely receipt of all confirmations and posting of cleared trades with exchanges
• Accurate drafting of Derivative Confirmations reflecting the trade booking and all the terms and conditions as required by credit and legal
• Perform economic verification with external clients on T+1
• Managing aged confirmations to keep within Regulatory Reform requirements
• Working closely with clients to ensure timely receipt of all confirmations
• Identifying areas for improvement to reduce risk and improve efficiencies and working with technology and project teams implement solutions
• Project work as required

Basic Qualifications

• Minimum of 4 years experience in Operations within Banking or a similar environment
• Bachelors degre
• Minimum of 2 years of Documentation or Trades Processing experience, ideally within Commodities
• Possess a strong understanding of end to end transaction processes
• Strong organisational skills, ability to manage and track multiple tasks and deliverables simultaneously
• Strong Mathematical and financial product knowledge
• Strong focus on control and operation risk management

Goldman Sachs is an equal opportunity employer. © The Goldman Sachs Group, Inc., 2013. All rights reserved

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