Global Banking & Markets-Ready To Margin-Vice President-Bengaluru

YOUR IMPACT Goldman Sachs is a meritocracy where you will be given all the tools to help you develop. At Goldman Sachs, you will have access to excellent training programmes designed to improve multiple facets of your skills portfolio. Our in\-house training programme, ‘Goldman Sachs University’ offers a comprehensive series of courses that you will have access to as your career progresses. Goldman Sachs University has an impressive catalogue of courses which span technical, business and leadership skills training. In order to help you navigate the organisation, you will be given a mentor from outside of your immediate department. This person will be positioned to provide you with objective advice and guidance on your career development. We value internal mobility. The chance to take on new challenges in the firm over time will ensure that you remain stimulated and will help in your continued professional and personal development. Goldman Sachs is an Equal Employment Opportunity Employer and does not discriminate in employment on the basis of age, race, colour, gender, national origin, disability, veteran status, or any other basis that is prohibited by applicable law. OUR IMPACT The Goldman Sachs Group, Inc. is a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and high\-net\-worth individuals. The firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centers around the world. Founded in 1869, Goldman Sachs has long sustained a commitment to hiring and training outstanding leaders. Our business principles are rooted in integrity, a commitment to excellence, innovation and teamwork. These values enable us to execute successfully a business strategy that is focused on extraordinary client service and superior long\-term financial performance for our shareholders. We conduct our business in increasingly complex markets. Our people must continually find new ways to provide access to capital, manage risk and provide investment opportunities for our clients to enable them to realise their goals. We judge ourselves on our ability to help clients anticipate and respond to changing market conditions and to create opportunities that merit the trust they place in us. We are committed to growing our distinctive Culture and upholding our core values which always place our client's interests first. These values are reflected in our Business Principles, which emphasise integrity, commitment to excellence, innovation and teamwork. BUSINESS UNIT OVERVIEW We have Collateral Management (Cleared and non\-cleared), Portfolio Reconciliation , Margin Lending and Ready to Margin which are part of Margin, Collateral Valuations Operations (MCVO) sits within the Goldman Sachs Operations organization. A global, multi\-faceted and cross product function, the primary objective of the department is the mitigation of counterparty credit risk through the active monitoring of clients’ derivative, prime brokerage, GS execution \& clearing, derivatives clearing and securities financing portfolios. The Bangalore MCVO team is works in close partnership with teams in New York, London, Singapore \& Salt Lake City. Products supported include foreign exchange, commodities, credit, equity, interest rate and bespoke structured derivatives. The team manages a wide range of complex processes, with members developing skills and competencies around derivative \& security products and their respective business areas, legal agreements, technology flows and regulations. **JOB SUMMARY AND RESPONSBILITIES** An employee within MCVO will primarily be focused on the mitigation of counterparty credit risk through the performance of a number of operational processes. They will be expected to perform these functions as well as demonstrating innovation and a proactive approach, highlighting inefficiencies, risks and implementing improvements. In addition, they will also be expected to provide a high level of service to their clients. The role will involve close interaction with a wide range of areas of the bank including Credit Risk Management, Legal and Compliance, Sales, Trading, Controllers, Middle Office, Client Representatives, Central Clearing Services and other Operations Departments. As a result the successful candidate will be required to possess strong communication skills. We promote cross training and ensure our employees develop a broad level of understanding across the varied departmental functions carried out. You can expect to be given early responsibility and in return you will be expected to contribute your own ideas to make a difference and add value to the group. Some specific set of responsibilities are * Manage a function an team with 5 to 6 members. * Managing daily allocation for functional activities to Team membersEnsure Function KRIs are within Manager Thresholds week on week and working on daily escalation from Stakeholders. * Working with Stakeholders on project enhacnements on function and keeping management abrest of developments and new requirements. * Work with inidvidual team member for setting up their goals for the year and career aspirations. Work with them to help progress forward providing plaftorm/projects. Delivery their Year end feedback. **Documentation Review \& Digitization** * Review and analyze **ISDA Master Agreements, CSAs, and other master documentation**, identifying material clauses and key risk terms. * Translate complex legal language into structured data, capturing terms (simple to highly structured) into our **Credit, Legal, and Margin systems**. * Serve as the **review and 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** to resolve issues and unlock opportunities. * Partner with **Engineering** to resolve system breaks and drive scalable enhancement **Risk, Controls \& Continuous Improvement** * Identify operational risks and design robust controls to mitigate them. * Ensure prompt resolution of regulatory exceptions (UMR, FINRA and SEC and more). * Streamline workflows, build metrics with the global team, and contribute to new product reviews to ensure scalable support. **SKILLS / RELEVANT EXPERIENCE** * **Team \& Functional Mangement** – Experience in managing…