GBM Public, PB Sec Lending, London, Aso

Full Job Description

JOB DESCRIPTION
Our core value is building strong relationships with our institutional clients, which include corporations, financial service providers, and fund managers. We help them buy and sell financial products on exchanges around the world, raise funding, and manage risk. This is a dynamic, entrepreneurial team that includes individuals who have a passion for the markets and who thrive in fast-paced, changing environments and are energized by a bustling trading floor.
At Goldman Sachs, our culture is one of teamwork, innovation and meritocracy. We often say our people are our greatest asset and we take pride in supporting each colleague both professionally and personally.

BUSINESS SEGMENT AND ROLE OVERVIEW
Equities and FICC: We make markets in and clear client transactions on major stock, options and futures exchanges worldwide. Through our global sales force, we maintain relationships with our clients, receiving orders and distributing investment research, trading ideas, market information and analysis.

The Securities Lending Desk is primarily responsible for negotiating and managing the facilitation of borrowing, lending and synthetic transactions between various market participants. The Desk trades a wide range of products including TRS, Futures and Dividend Futures and manages corporate action events / risk. Our clients include Institutional Lenders, Hedge Funds and Internal Firm Desks. The trading desk is looking to add an Associate, focusing on Developed Market Equities.
Responsibilities:

• Risk management of inventory positions, working closely with Supply/Demand teams, along with other firm desks
• Optimisation of inventory through corporate actions and funding
• Pricing and trading synthetic borrow via equity derivatives
• Collaboration with Treasury/GLP to project desk funding requirements
• Risk Manage the FX, Interest Rates, XCCY and Equity risk of the book

Basic Qualifications:

• Strong analytic approach with high attention to detail
• Ability to work closely with various groups, with strong communication skills
• Quantitative background with basic understanding of equity derivatives (swaps/futures)