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 b
📌 Global Banking and Markets-Port Rec (Bengaluru)
🏢 Goldman Sachs
📍 Bengaluru
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