Ops Product Data - Analyst

Job Description

We are: Investors , spanning traditional and alternative markets offering products and services Advisors , understanding our clients priorities and poised to help provide investment advice and strategies that make sense for their portfolios Thought Leaders , providing timely insights across macro and secular themes to help inform our clients investment decisions Innovators , using our suite of digital solutions to help our clients address complex challenges and meet their financial goals OPERATIONS Operations is a dynamic, multi-faceted function 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 Are you looking for a place to get exposure to a full slate of financial products from end to end Our Data team is seeking an Analyst who has an interest in working closely with our trading desks, valuation oversight groups and technology. This role will help you get a solid understanding of all the products we trade with an emphasis in fixed income and equity products. OUR IMPACT Goldman Sachs Asset Management (GSAM) is the investment management arm, providing global investment opportunities to a substantial and diversified client base including institutions, governments and high net worth individuals. GSAM has become one of the pre-eminent investment management organizations globally, with responsibility for over $1 Trillion in assets under supervision. Critical to the success of GSAM is our ability to leverage a global team of talented professionals to define solutions and lead change across the operational infrastructure. Asset Management Operations comprises of 400+ professionals based in seven centers across the globe. It consists of three broad functional areas, Trade Management, Portfolio & Data Control, & Client Implementation Management, all of which work in a dynamic environment where risk control, client service and excellence in execution are fundamental principles. The Data and Pricing Team within Asset Management Operations is seeking a new hire. The team ensures accurate prices for all the securities held in GSAM portfolios. The Global Data Control group monitors prices daily and at month end. For the majority of securities, an automated system takes prices from multiple vendors, and validates/selects these prices before releasing it to the portfolio management system on a daily basis. The team member would be involved in communicating with VOG, controllers, various fund management groups and other Operations teams regarding Data and Pricing exceptions. The function will require the Analyst to be able to effectively multi-task and manage priorities. JOB SUMMARY AND RESPONSIBILITIES Closely monitor and validate key data attributes that contributes to important GSAM investing decisions Track benchmark requirements of new funds, institutional accounts, PWM accounts, etc by liaising with Portfolio Management, Client Relationship Management & Product Development teams. Liaise with Portfolio Managers on new indices that need to be either sourced from an external index provider or constructed internally. Liaise with external index providers to be up to date on index industry developments, analyse its impact and provide regular updates to AM. Extensively test index data in COBALT versus external index platforms prior to implementing new indices. Liaise with Market Data as we'll as Legal teams to validate benchmark specifications in contracts for new indices with index providers. Set up benchmarks in internal systems to enable flow of index data for portfolio management, trading, performance management, compliance, client reporting, etc Apply systemic or manual checks to ensure correctness of benchmark data to PM/downstream systems Calculation of benchmarks manually to validate the accuracy of custom benchmarks Support user related queries/ projects and carries out in-depth index analysis for Portfolio Managers, Traders, Controllers, Compliance, Legal, etc globally. BASIC QUALIFICATIONS Graduation/ Post Graduation Knowledge and experience (1-2 years) in financial services, preferably asset management Knowledge of product data, reconciliation, accounting functions Securities Reference Data and Pricing knowledge Proven track record contributing in a dynamic team environment Pays attention to detail and can multi-task Experience with Microsoft Office applications- Excel, Word, PowerPoint