Global Banking and Markets-Port Rec & Valuations-Analyst-Bengaluru

Global Banking Markets

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 division that partners with all parts of the firm to provide banking, securities, and asset management services to clients around the world. In addition, Operations provides essential risk management and controls to preserve and enhance the firms assets and its reputation. For every new product launched and every trade executed, it is Operations that develops and manages the processes and controls that enable business flow.

Business Unit Overview

The Portfolio Reconciliation and Valuations Team falls under the broader MCVO (Margin, Collateral and Valuations business unit) within the Global Markets Operations division. Portfolio Reconciliation and Valuations is responsible for ensuring the reconciliation of positions is accurate and any discrepancy resolved in a timely manner. The team manages a variety of products (OTC derivatives) and is responsible for ensuring clients and 3rd party reconciliation tools receive their reports on a timely manner according to their requirements. This is a function in line with Dodd- Frank requirements and is heavily related to the margin rules program since Sept. 2016. The team also provides client valuations to OTC derivative clients and regulatory reporting daily.

Job Summary and Responsibilities

Closely work with clients internal GS teams (Sales, Trading, Controllers, Credit and Middle Office etc.) to communicate, reason, and resolve trade flow and pricing discrepancies in order to resolve collateral disputes.

Leverage data analytic outputs to pinpoint top dispute drivers and use your quantitative and analytical skills to further investigate complex dispute drivers across all OTC derivative products

Ensure proper daily action is taken on work items within the team s daily workflow/queue as well as ensure assigned items within the team s email inbox are appropriately investigated, addressed, responded to and resolved in a timely manner

Ensure assigned work items do not age without proper action

Grow with the team; develop a deeper understanding of complex derivative transactions and work with our business partners to progress collateral dispute investigation and resolution

Participate in driving team-wide initiatives focusing on client service and automation

Use your inquisitive mindset to challenge the status-quo and identify control gaps and operational risk with respect to existing workflows.

Willingness to learn and leverage business intelligence tools and best practices