Global Banking & Markets Operations - Corporate Derivatives - New York - Vice President

Role Overview

The Derivatives Sales Support team is seeking a highly motivated Operations Vice President to provide critical front-to-back operational support for our Derivatives Sales desk focusing on interest rate products and FX transaction, including complex structures such as Deal Contingent hedges. This role serves as a vital link between the Sales team, Trading desk, and Middle Office, ensuring the seamless execution and reporting of complex derivative transactions. The role includes the exciting opportunity to build a team to directly support growth for a focus business of the firm.

The successful candidate will be responsible for the integrity of trade data, the accuracy of client communications, and the maintenance of our internal client relationship infrastructure. This is an exciting opportunity to build an operations team embedded within the business with significant opportunity for growth.

Key Responsibilities

1. Onboarding, Post-Trade Workflows & Transaction Lifecycle Management

• Generate and distribute internal and external trade recaps immediately following trade booking to ensure all stakeholders are aligned on execution terms.
• Monitor trade lifecycle events and provide real-time updates to the Sales desk regarding booking status.
• Monitor shared inboxes to identify and resolve urgent payment or same-day settlement issues; coordinate with the Settlements and Authentication teams
• Manage onboarding and mapping requests for electronic dealing lines on FXall, 360T, and Bloomberg; monitor credit line connectivity and liaise with Tech/Credit teams to resolve mapping failures.

2. Trade Reporting and Revenue Tracking

• Perform rigorous "maker-checker" validations by comparing formal trade confirmations against trades booked in internal risk management systems and client communications.
• Identify, investigate, and resolve discrepancies in economic terms (e.g., notional amounts, strike prices, maturity dates) by liaising with the Middle Office and Trading teams.
• Ensure all trades are accurately matched in a timely manner to mitigate operational and regulatory risk.
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  Record and track daily revenues for each transaction, maintaining accurate logs for internal management reporting and sales performance analysis.

  
  

3. Client Onboarding & Data Integrity

• Facilitate the end-to-end onboarding of new corporate derivative accounts by collecting Customer Identification Program (CIP), Customer Due Diligence (CDD) documentation, and regulatory information
• Maintain the accuracy of client static data to support seamless onboarding and regulatory compliance (KYC/AML).
• Assist in the preparation of client-facing materials and reports by leveraging CRM data to identify trends in client activity.

Qualifications and Skills

• Education: Bachelor's degree in Finance, Economics, Mathematics, or a related field.
• Experience: 7+ years of experience in financial services; prior internships in operations, middle office, or sales support are highly preferred.
• Technical Skills: Proficiency in Microsoft Excel (e.g., VLOOKUPs, Pivot Tables) is essential. Familiarity with Bloomberg or internal banking systems is a plus.
• Attention to Detail: Exceptional accuracy in data entry and the ability to spot minute discrepancies in complex financial documents.
• Communication: Professional verbal and written communication skills for interacting with high-pressure trading desks and institutional clients.
• Adaptability: Ability to thrive in a fast-paced, time-sensitive environment and manage multiple competing priorities.

Why Join This Team?

• Product Exposure: Gain hands-on experience with a wide range of derivative instruments (e.g., Swaps, Options, Forwards).
• Collaborative Environment: Work at the heart of the bank's revenue-generating activities in a team-oriented culture.

ABOUT GOLDMAN SACHS

At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.

We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.

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

The Goldman Sachs Group, Inc., 2023. All rights reserved.

Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.

Benefits

Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.