GBM – Public Dept – London – Associate – Margin, Collateral Valuations Operations

Job Description

This role focuses on mitigating counterparty credit risk within the MCVO team, involving document review, client onboarding, cross‑functional partnership and continuous improvement of risk controls.

Business Unit Overview

The MCVO team, part of the Operations organization, manages collateral, margin, and counterparty exposure across foreign exchange, commodities, credit, equity, interest rate and bespoke structured derivatives. It works closely with teams in New York, London, Singapore, and Salt Lake City.

Job Summary and Responsibilities

• Perform operational tasks that mitigate counterparty credit risk and enhance process efficiency.
• Maintain high‑level client service while identifying and driving innovation.
• Collaborate with Credit Risk Management, Legal and Compliance, Sales, Trading, Controllers, Middle Office, Client Representatives, Central Clearing Services and other Operations departments.
• Contribute ideas to add value to the group and support cross‑training initiatives.

Documentation Review & Digitization

• Review and analyze ISDA Master Agreements, CSAs and related documents to identify key risk terms.
• Translate complex legal language into structured data for Credit, Legal and Margin systems.
• Serve as the approval checkpoint before terms flow into downstream pricing, confirmation, collateral and regulatory platforms.

Client Onboarding & Settlement Setup

• Own the setup of client Standard Settlement Instructions (SSIs) for cash and securities, including Alert, Non‑Alert, third‑party and tri‑party custodian accounts.
• Configure collateral accounts and work across platforms such as Acadia and TriOptima.

Cross‑Functional Partnership

• Collaborate with Legal, Credit, Middle Office, Trading, Sales, Corporate Treasury and Risk teams to resolve issues and unlock opportunities.
• Partner with Engineering to resolve system breaks and drive scalable enhancements.

Risk, Controls & Continuous Improvement

• Identify operational risks and design robust controls to mitigate them.
• Ensure prompt resolution of regulatory exceptions (UMR, FINRA, SEC and others).
• Streamline workflows, build metrics with the global team, and contribute to new product reviews.

Skills / Relevant Experience

• Derivatives documentation experience (Ops, drafting, middle office or legal background).
• Strong familiarity with ISDA Master Agreements, schedules, and NY/UK law CSAs.
• Ability to deconstruct legal documentation into operational data components.
• Solid understanding of regulations such as UMR, FINRA, and Brexit‑related changes.
• Skill tracing data flows across systems to diagnose and resolve breaks.
• Hands‑on experience with AcadiaSoft, TriOptima, SSI setup (Alert/Non‑Alert) and tri‑party custodian onboarding.
• Detail‑obsessed with a zero‑defect mindset and strong control orientation.
• Excellent verbal and written communication – comfortable drafting documentation and engaging stakeholders.
• A self‑starter who thrives independently and in a collaborative global team.
• Skilled at multitasking, prioritizing and continuously learning.

Competencies

Functional & Technical Excellence

• Stay ahead of business, economic and market trends.
• Bring strong technical and analytical skills, an eye for detail and a drive to deepen expertise.

Drive & Ownership

• Juggle multiple priorities with energy and focus.
• Set ambitious goals and take ownership of growth and performance.

Client & Business Focus

• Build trusted, long‑term relationships with internal and external clients.
• Navigate difficult requests with poise and set clear expectations.

Teamwork & Collaboration

• Collaborate across teams, value diverse voices and recognize contributions.

Clear, Compelling Communication

• Communicate clearly, concisely and with purpose.
• Share knowledge and ideas generously across the organization.

Judgment & Problem Solving

• Anticipate questions, plan contingencies and identify alternative solutions.
• Balance big‑picture thinking with rigorous analysis of complex issues.

Creativity & Innovation

• Challenge the status quo and design creative, practical solutions that deliver value.

Influencing Outcomes

• Build persuasive, well‑reasoned cases for ideas and influence outcomes through credible recommendations.

Equality, Diversity & Inclusion

Goldman Sachs is an Equal Employment Opportunity Employer and does not discriminate on the basis of age, race, colour, gender, national origin, disability, veteran status, or any other basis prohibited by applicable law.

We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html

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