Global Banking and Markets, Operations, Client Licensing for Local Custody, Configuration

ABOUT OUR ROLES

As a middle office professional in the India Broker Dealer Operations team, you will hold a challenging and client-facing role, providing front to back operational support in the onboarding and maintenance of Trading licenses obtained by our Prime brokerage clients. The role involves active engagement with the executive members of our clients, senior members of the global sales and execution desks, various internal operations team and our agents.

The India Broker Dealer Operations team is part of the Operations division of Goldman Sachs and functions within the Indian securities entity; Goldman Sachs (India) Securities Private limited (GIPL). It is a small team located out of two offices: Mumbai and Bengaluru supporting sales/trading desks and external clients in accessing the dynamic and heavily regulated Indian market through the Indian broking entity GIPL.

The India Broker Dealer Operations team provides front to back support for all operational aspects of India equities & listed derivatives trading, from client initiation all the way through to settlement accounting whilst upholding strict standards of client service and risk management. To this end, the team supports sales and trading while closely collaborating with other parts of the federation such as technology, controllers, legal, compliance and various other teams within operations.

JOB RESPONSBILITIES

• Manage the entire FPI registration process with the clients from participating in the business introductory calls to trading go-live.
• Function as the primary contact for the clients during the registration process and help them navigate the application, provide guidance and support.
• Consult with the DDP to ensure timely processing of applications and to stay updated on regulatory changes and guidelines related to FPI.
• Ensure all the account renewal and maintenance activities are completed within the regulatory deadlines.
• Obtaining an in-depth knowledge of the rules, regulations, and various nuances of the Indian equities & listed derivatives market.
• Responding promptly to client and counterparty inquiries, committing to deliverables as well as undertaking ad hoc investigation and analysis.
• Maintaining comprehensive and organized records of all FPI-related documentation, including registration applications, compliance reports, and regulatory correspondence.
• Working with internal and external auditors.
• Partnering with agents/DDP, sales and technology to improve efficiency, scalability and improve client experience through process re-engineering.

BASIC QUALIFICATIONS

• Bachelor's degree with 3-8 years of experience in financial services
• Initiative-taking and proactive collaborators, who take ownership and accountability of projects, have strong organizational skills as well as the ability to effectively manage competing priorities.
• Flexible and able to work well under pressure in a team environment.

PREFERRED QUALIFICATIONS

• India market experience and keen understanding of FPI regulations.
• Trading operations and Client Solutions/Custody/DDP experience
• Effective communication skills and comfortable interacting with external clients
• Proactively seeks knowledge and takes up self-learning initiatives.

ABOUT GOLDMAN SACHS

At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.

We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at

We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more:

The Goldman Sachs Group, Inc., 2024. All rights reserved.

Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.