Job Title: CW Analyst Duration: 3+ months Location: New York, NY 10282
ASSET MANAGEMENT Bringing together traditional and alternative investments, we provide clients around the world with a dedicated partnership and focus on long-term performance. As the firm’s primary investment area, we provide investment and advisory services for some of the world’s leading pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors and individuals, for which we oversee more than $2 trillion in assets under supervision. Working in a culture that values integrity and transparency, you will be part of a diverse team that is passionate about our craft, our clients, and building sustainable success. 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.
OUR IMPACT The Liquidity Management(LM) team sits within Trade Management operations which has primary responsibility for all aspects of cash management, collateral management, post-trade guideline oversight, trade life-cycle and serves as the single point of contact for all operations related liquidity inquiries across GSAM. These functions cover a wide range of clients and a complex product range, which include equities, fixed income, currency and derivatives. The group supports portfolio managers, client relationship managers by providing accurate and timely liquidity information and overseeing all aspects of operational risk & clients counterparty risk across portfolios. This involves extensive interaction with internal and external parties to ensure effective oversight for existing business and also to shape and implement solutions for new clients, products, strategies, and system architecture.
RESPONSIBILITIES
Holistic ownership and understanding of client accounts from a GSAM Operations perspective, trade life-cycle and act as a single point of contact for GSAM business for any liquidity related issues
Daily cash forecasting in multi-currency portfolios to include overdraft monitoring and fund liquidity reporting
Trading desk support to include ad-hoc queries as well as ongoing business initiatives
Manage collateral and counterparty exposures across multiple product classes and various regulations
Build relationships with outside financial institutions (brokers, custodians, prime brokers and fund administrators) to improve the quality and productivity of work by integrating best practices as appropriate
Liaise with traders and brokers to ensure efficient settlement of trading activity
Partner and liaise with client relationship team and client implementation team to qualify new business, implement account events, and ensure the adequacy of account structures and surveillance. Execution on strategic risk, efficiency & business enablement initiatives.
Proactively review indicators of operational issues/concerns with the goal of resolving such issues before client impact
Review account level metrics (i.e. reconciling items on cash/position reconciliations, failing trades, etc.) as defined by operating standards and research, escalate, remediate exceptions as appropriate
BASIC QUALIFICATIONS
Bachelors Degree
Minimum of 2-4 year of professional experience
Proficient in Microsoft Office, specifically Word, Excel, and PowerPoint
Bachelor’s degree required
Be highly collaborative, team-oriented and strong consensus builder
Demonstrate strong communication and interpersonal skills both written and oral
PREFERRED QUALIFICATIONS
Previous experience in Operations and/or Financial Services industry
Knowledge of Collateral or Treasury operations
Demonstrate ability to partner across product groups, regions and functional responsibilities
Be a strategic thinker, possesses strong facilitation and data gathering skills
Attention to detail and ability to work to tight deadlines under pressure and to provide practical solutions
Risk management focus
Applicant Notices & Disclaimers
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At SPECTRAFORCE, we are committed to maintaining a workplace that ensures fair compensation and wage transparency in adherence with all applicable state and local laws.The pay rate for this position is $33.00/hr.
