Ops Product Data - Analyst

Job Description

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 endOur 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 Verifying the prices on securities held in GSAM portfolios on a daily basis across all accounts, to ensure securities are set up and valued accurately. Controlling the risks associated with any abnormal prices and securities as well as ensuring that these are prioritized, pursued and escalated to ensure resolution Investigating and resolving standard product reference data issues that are impacting downstream systems. Liaising with internal counterparties (Traders, Portfolio Teams, Trade Management group and Controllers) Using your problem solving skills, you will act as a central point of contact/escalation for inquiries from the GSAM business regarding product setup and pricing. Leverage your attention to detail by managing daily responsibilities and inquiries, while also working on enhancing your project management skills working on key market initiatives and internal system enhancements. Grow with a strong team and develop a deep understanding of products and complex transactions while working with our business partners. BASIC QUALIFICATIONS Knowledge and experience in financial services Proven track record contributing in a dynamic team environment Pays attention to detail and can multi-task Experience with Microsoft Office applications-specifically Excel Data and Pricing knowledge is preferred but not mandatory Knowledge of product data, reconciliation, trade management and accounting functions is preferred but not mandatory