Global Banking & Markets Operations - India Broker Dealer Ops

Job Description

We make markets in and clear client transactions on major stock, options and futures exchanges worldwide. Through our global sales force, we maintain relationships with our clients, receiving orders and distributing investment research, trading ideas, market information and analysis. OPERATIONS Operations is a dynamic, multi-faceted segment that partners with all parts of the firm to deliver banking, sales and trading and asset management capabilities to clients around the world. In addition, Operations provides essential risk management and control to preserve and enhance the firm s assets and its reputation. For every trade agreed, every new product launched, or market entered, every transaction completed, it is Operations that develops the processes and controls that makes business flow. YOUR IMPACT As a middle office professional in the India Broker Dealer Operations team you will hold a challenging, client-facing role, providing front to back operational support to international trading desks and external clients accessing the Indian equity markets. The India Broker Dealer Operations team is part of the Operations division of Goldman Sachs and functions within the Indian securities entity; Goldman Sachs (India) Securities Private limited (GIPL). It is a relatively small team located out of two offices; Mumbai and Bengaluru supporting trading desks and external clients accessing the dynamic and heavily regulated Indian market through the Indian broking entity GIPL. The India Broker Dealer Operations team provides front to back support for all operational aspects of India equities & listed derivatives trading, from client initiation all the way through to settlement accounting whilst upholding strict standards of client service and risk management. To this end, the team supports sales and trading while closely collaborating with other parts of the federation such as technology, controllers, legal, compliance and various other teams within operations. HOW YOU WILL FULFILL YOUR POTENTIAL Trade booking, allocation and confirmation of Indian equity trades & listed derivatives executed by the firm and its clients Performing essential client service and trader support in timely manner by furnishing traders in Mumbai and other location with essential trade and market data Handling all day to day functions of the team Continuously drive projects involving new products roll out, new system implementation, process improvements, regulatory changes etc. Obtaining an in-depth knowledge of the rules, regulations and various nuances of the Indian equities & listed derivatives market as well as a sound understanding of our systems Responding promptly to client and counterparty inquiries, committing to deliverables as well as undertaking ad hoc investigation and analysis Performing regulatory trade reporting to the exchanges and liaising with domestic custodians / other clearing members on trade matching and fail trade resolution Maintaining a strict control standard on our downstream books of accounts and ensuring breaks are resolved in a timely manner Working with internal and external auditors Partnering with clients, trading desks and technology to improve efficiency, scalability and improve client experience through process re-engineering SKILLS & EXPERIENCE WE RE LOOKING FOR BASIC QUALIFICATIONS Bachelor s degree with 0 -3 years of experience in financial services Self-motivated and proactive team player, who takes ownership and accountability of projects, has strong organizational skills as well as the ability to effectively manage competing priorities Flexible and able to work well under pressure in a team environment PREFERRED QUALIFICATIONS India market experience and keen understanding of regulations around Equity trading and settlement Trading operations and middle office experience Strong communication skill and comfortable interacting with external clients Proactively seeks knowledge and takes up self-learning initiatives