Margin, Collateral Valuations Operations (MCVO) Analyst sits within the Goldman Sachs Global Market Operations organization comprising of Collateral Management (Cleared and Uncleared), Portfolio Reconciliation and Margin Lending. A global, multi-faceted and cross product function, the primary objective of the department is the mitigation of counterparty credit risk through the active monitoring of clientsâ bilateral derivative, prime brokerage, GS execution & clearing, derivatives clearing and securities financing portfolios. The London MCVO team is works in close partnership with teams in New York, London, Bengaluru, Singapore, Warsaw & Salt Lake City.
Products supported include foreign exchange, commodities, credit, equity, interest rate, repurchase transactions and bespoke structured derivatives. The team manages a wide range of complex processes, with members developing skills and competencies around derivative & security products and their respective business areas, legal agreements, technology flows and regulations.
SKILLS & EXPERIENCE WEâRE LOOKING FOR
- Functional Expertise - Keeps up-to-date with emerging business, economic, and market trends
- Technical Skills - Demonstrates strong technical skills required for the role, pays attention to detail, takes initiative to broaden his/her knowledge and demonstrates appropriate financial/analytical skills
- Drive and Motivation - Successfully handles multiple tasks, takes initiative to improve his/her own performance, works intensely towards extremely challenging goals and persists in the face of obstacles or setbacks
- Client and Business Focus - Effectively handles difficult requests, builds trusting, long-term relationships with clients, helps the client to identify/define needs and manages client/business expectations
- Teamwork â Gives evidence of being a strong team player, collaborates with others within and across teams, encourages other team members to participate and contribute and acknowledges others' contributions
- Communication Skills - Communicates what is relevant and important in a clear and concise manner and shares information/new ideas with others
- Judgment and Problem solving - Thinks ahead, anticipates questions, plans for contingencies, finds alternative solutions and identifies clear objectives. Sees the big picture and effectively analyses complex issues
- Creativity/Innovation - Looks for new ways to improve current processes and develop creative solutions that are grounded in reality and have practical value
- Influencing Outcomes - Presents sound, persuasive rationale for ideas or opinions. Takes a position on issues and influences others' opinions and presents persuasive recommendations
BASIC QUALIFICATIONS
- Strong numerical, analytical and problem solving skills
- The role is client facing so the employee will require strong communication skill and should be highly articulate with a strong appreciation of client service
- Flexible to manage conflicting challenges and ever-increasing complex nature of transactions
- Ability to learn quickly in a fast moving environment. Team oriented approach to sharing workload and leverage skill sets
- Strong organizational skills and the ability to cope with rapidly changing priorities throughout the day are essential
- Strong attention to detail and multi-tasking skills to balance competing priorities and meet deadlines
- Ability to generate creative solutions to problems and challenge processes, be willing to dig into the detail to resolve issues
- Proficient with Microsoft Office
PREFFERED SKILLS/EXPERIENCE:
- Familiarity with ability to learn Excel macros and other functions
- Good working knowledge of product flows and systems, including OTC derivatives, cleared business, prime brokerage, repurchase agreements and intercompany processes will be an added advantage
- Understanding of financial markets and trade life cycle
- Lead by example to challenge status quo and seek out innovative solutions to improve and streamline existing processes
- Solid work ethic, motivation level and ability to work under pressure
- Excellent communication, presentation and interpersonal skills
- Ability to synthesize information across sources and understand data to identify risk hotspots and escalate appropriately
- Prior experience with the Margin Lending business, systems, flows, products and client base
- Evidence of experience working within Financial Services with exposure to Over the Counter Derivatives.
- Languages will be beneficial as the Analyst will be interacting with clients from across Europe
