Global Banking & Markets Operations, Gas & Power, Associate - New York

Goldman Sachs•New York, NY

1d•$80,000 - $135,000•Onsite

About The Position

We are looking for a professional and dynamic individual for a role within our North American Power and Natural Gas Physical Commodities team. The ideal candidate would be able to operate effectively in a challenging and fast-paced environment, partner with the business and other core support areas in order to facilitate business growth with a key focus on the risk and control around the trade capture, documentation, and settlement of structured physical transactions.

Requirements

3+ years of experience
Bachelor’s degree
Technical & analytical focus with attention to detail
Proactive, self-starting individual with high levels of ownership
Ability to work well under pressure and meet deadlines
Teamwork skills
Demonstrate risk & control focus
Advanced Excel/VBA macro knowledge
Strong time management skills and ability to work well under pressure and with competing tasks

Responsibilities

Daily responsibilities relating to onboarding of new structured transactions through reviewing trade documentation, performing trade checkouts and working with a variety of internal teams to integrate the transaction into the functional groups.
Providing support to traders, sales and marketers around existing transactions and new business
Onboarding new transactions and understanding new commodities business opportunities
Daily monitoring of payments and receipts, invoicing clients and the daily reconciliation of customer account balances for physical transactions covering structured US power and North American natural gas products.
Responsible for the creation and review of structured excel models that facilitate business support and reconciliations of structured transactions.
Responsible for performing some regulatory reporting functions with respect to the US Power and Natural Gas business
Daily interaction with Traders, Sales, Technology, Legal, Strategists and other Operational departments
Preparation and review of escalation and control reports