2022 Operations New Analyst (Feb 2022)

The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centres around the world. 

Operations is a dynamic, multi-faceted division that partners with all areas of the firm to deliver banking, sales and trading and asset management capabilities to clients around the world. Operations provide essential risk management and controls to safeguard the firm's businesses and client assets. A focus on innovation, change management and process improvement is core to how we ensure the firm is managing its diverse businesses in an efficient and high-quality way. 

The Analyst Program has been designed to combine business, technical and professional skills training with a wide-ranging platform of development opportunities to give you a broad portfolio of business management skills. Alongside formal training, you will continue to benefit from peer mentoring, networking opportunities and a range of challenging developmental assignments that will take you outside your day-to-day responsibilities. 

Responsibilities

Careers in Operations are about developing business management and leadership skills and applying them in the exciting and rewarding world of banking and finance. We want you to develop a long-term career, and we are committed to giving you the tools and the opportunities necessary. 

Our Sydney team includes Middle Office(MO) and Settlement teams. The MO are responsible for the cash equity execution of ASX and NZX listed stocks against Goldman Sachs Australia entity as well as assisting the Global Markets Division locally in a timely escalation of any booking errors and trade confirmations. The Settlement team locally is responsible for the settlement of cash equity securities and fixed income products for the ASX and NZX traded across Goldman Sachs entities, both on-shore and offshore. Team tasks include; 

• Ensuring trade booking and confirmations are executed and matched 
• Ensure no-trade breaks in the reconciliation from upstream to downstream ledgers 
• Ensure client allocations are booked out in a timely manner 
• Following up with Global Markets desks and clients as appropriate to ensure timely resolution of issues 
• Pre-matching/settlement handling for agent bank/self-clearing market flow. 
• Fail investigation and resolution 
• Inventory management, strategic alignment of firm-wide stock inventory to ensure timely settlement 
• Managing Equity Capital Management flow in the assistance of the Syndicate Execution desk 

What we look for

Goldman Sachs recruits highly motivated graduates who can demonstrate outstanding achievements in academic and extra-curricular activities. A background in finance is not a pre-requisite. 

Basic Qualifications

• General knowledge of financial markets 
• Excellent communication and interpersonal skills 
• Strong technical/analytical skills 
• Self-motivated, driven and strong team player 
• Strong sense of teamwork 
• Leadership 

Eligibility Criteria

Final year students graduating at the end of 2021 of a Bachelor or Master Degree. 

How to Apply 

Submit your CV, cover letter and most recent academic transcript via our online application form at www.goldmansachs.com/careers 

1. Select 'Apply' under the 'Students' section 
2. Select 'Apply Now' 
3. Select 'New Analyst/New Associate' from the position listings 
4. Click 'Apply' 
5. If you have not applied previously, please enter your details to register or if you have applied to Goldman Sachs previously login using your email address and password 
6. Enter the following on the 'Position Preference' page 

Recruiting Year: 2022 

Position: New Analyst/New Associate 

Program: New Analyst 

You can apply to up to three locations and divisions 

Please ensure all information submitted is accurate before finalising your application. Applications can't be edited once submitted