Global Banking & Markets Operations-Gas & Power-New York-Analyst
Goldman Sachs · New York, New York, United States
About The Role
- Global Banking & Markets Operations-Gas & Power-New York-Analyst
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New York, New York, United States
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Opportunity Overview
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CORPORATE TITLE
Analyst
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OFFICE LOCATION(S)
New York
assignment
JOB FUNCTION
Settlements
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DIVISION
- Global Banking & Markets
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SALARY RANGE
USD 70,000 - 95,000
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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.
HOW YOU WILL FULFILL YOUR POTENTIAL
Documentation: 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
Settlements: 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
SKILLS & EXPERIENCE WE’RE LOOKING FOR
Basic Qualifications
- 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
Understanding of Excel
Strong time management skills and ability to work well under pressure and with competing tasks
Salary Range
The expected base salary for this New York, New York, United States-based position is $70000-$95000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.
Benefits
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.
We Offer Best-In-Class Benefits
Healthcare & Medical Insurance
We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.
Holiday & Vacation Policies
We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.
Financial Wellness & Retirement
We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.
Health Services
We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.
Fitness
To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).
Child Care & Family Care
We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.
Benefits at Goldman Sachs
Read more about the full suite of class-leading benefits our firm has to offer.
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