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Global Banking & Markets - Salt Lake City - Associate, Settlements -9436790

Goldman Sachs · Salt Lake City, Utah, US

Job Duties: Associate, Settlements with Goldman Sachs & Co. LLC in Salt Lake City, Utah. Perform duties in derivative operations, with a specialized focus on...

Job description

Job Duties: Associate, Settlements with Goldman Sachs & Co. LLC in Salt Lake City, Utah. Perform duties in derivative operations, with a specialized focus on Foreign Exchange Products (FX) such as swaps, forwards, cash settled forwards, options, exotic trades and structured trades. Monitor trade settlement and confirmation procedures, risk management, and control processes. Monitor trade bookings, confirm settlement and trade netting agreement, identify and escalate discrepancies, and provide client services. Generate management reporting with investigation and commentary for fails to pay, fails to receive, and balance breaks. Identify process flaws and propose solution to resolve and improve efficiency. Support the team manager on reducing cost, enabling scale, and supporting the business. Design and deliver solutions that enhance automation, eliminate exceptions and move to more data-driven decision-making. Ensure all trade economics and discrepancies are appropriately investigated and resolved, while managing client expectations and potential fail exposure. Identify process and controls improvements by leveraging constantly evolving tools that can be used to build scalability wi...