Global Banking & Markets Operations-Salt Lake City-Associate-Collateral and Margin

Goldman Sachs•Salt Lake City, UT

About The Position

As an Associate within Collateral and Margin Operations in Salt Lake City, you will help manage counterparty credit risk and ensure the accurate and timely movement of collateral. You will oversee daily margin activity across client portfolios, working with clients and internal stakeholders to resolve complex issues, maintain strong controls, and support business activity. The role involves analyzing information, identifying risk, resolving issues, improving operational processes, and supporting a high-quality client experience. The Collateral and Margin team supports the firm’s risk management framework by monitoring client portfolios, calculating margin requirements, managing collateral movements, resolving disputes, and maintaining operational controls. The team partners with Credit Risk Management, Legal, Compliance, Sales, Trading, Corporate Treasury, Settlements, Middle Office, Front Office, and other Operations teams.

Requirements

Bachelor’s degree in Financial Risk Management, Business Administration, Finance, Accounting, Engineering, or a related field.
3–5 years of experience in an operational role within financial services, or in a role involving comparable risk, margin, collateral, or transaction-processing responsibilities.
Strong analytical and problem-solving skills, including the ability to investigate discrepancies and drive issues to resolution.
Ability to manage multiple priorities and execute accurately in a deadline-driven environment.
Strong written and verbal communication skills, including the ability to engage effectively with clients and stakeholders across different functions.
Demonstrated attention to detail and commitment to maintaining effective operational controls.
Ability to collaborate across teams while taking ownership of individual responsibilities.

Responsibilities

Monitor client portfolios and issue or respond to collateral calls to help mitigate counterparty credit risk.
Perform margin calculations, investigate exceptions, and complete collateral settlement approval processing.
Calculate Standard Initial Margin Model (SIMM) requirements and support associated margin processes.
Engage directly with clients to resolve collateral disputes, respond to inquiries, and support onboarding of new client relationships.
Partner with internal teams to resolve collateral-related issues.
Reconcile portfolios, investigate differences, and support collateral optimization activities.
Complete monthly interest and coupon settlements accurately and within required deadlines.
Perform control activities that support the integrity, accuracy, and effectiveness of team processes.
Manage intercompany margining activities, including net present value control validation and applying relevant margin requirements across Goldman Sachs legal entities and jurisdictions.
Identify process inefficiencies, control gaps, and improvement opportunities, and develop practical recommendations to enhance scalability, reduce risk, or improve the client experience.
Analyze complex issues, prioritize competing responsibilities, and escalate risks or exceptions appropriately.
Build trusted working relationships with clients and internal stakeholders through clear communication, sound judgment, and consistent execution.
Contribute to a collaborative team environment by sharing knowledge, supporting colleagues, and helping deliver broader team objectives.