Associate - RP6439126

Job Description

Job Duties: Associate with Goldman Sachs & Co. LLC in Salt Lake City, Utah. Oversee daily, weekly, monthly, and quarterly profit and loss analyses for the trading business and reconciliations between front and back end systems. Apply functional, managerial, and analytical expertise to review and oversee resolution. Develop and produce ongoing price verification procedures to ensure appropriate valuation of firm inventory of a highly complex business. Oversee the prices, model inputs and valuation adjustments and ensuring they are verified and recalibrated to third party consensus services. Product valuation and application of managerial judgement to adopt most prudent approach based on guidance provided by the Firm's policies and procedures. Review trading risk and market moves and provides P&L performance commentary, as well as develop procedures and streamline workflows for the team. Develop and oversee implementation of procedures and streamline workflows by applying understanding of process, policies and end to end workflows, combined with technical skills of writing code. Monitor the team's review process of new trades for appropriate valuation, accounting treatment, and disclosure in the financial statements. Manage the trading desk balance sheet reporting and validation processes, represent the team in new product launches, and ensure compliance with applicable regulations. Produce financial statements and/or relevant disclosures for the trading business. Work with the financial reporting team in preparation of key external reports such as earnings release and 10Q/10K disclosures.

Job Requirements: Bachelor's degree (US or foreign equivalent) in Accounting, Business, Finance, Economics, Mathematics, or a related field. Five (5) years of experience in the job offered or in a related role. Prior work experience must include five (5) years of experience with: conveying technical concepts across various teams, including Trading Desk, Operations, Technology, and internal and external Auditors; working with and meeting profit and loss disclosures, valuation adjustment, price verification, and compliance requirements; developing and leveraging automated tools to improve daily workflow and data analysis to improve accuracy; and monitoring the preparation and review for accurate and fair presentation of various disclosures impacting inventory and debt products for financial statements in accordance with U.S. GAAP and regulatory requirements. Prior experience must include three (3) years of experience with: decomposing complex Derivatives or Securitized Products and various Financial Instruments flows to work with reconciliation, and to develop or enhance reconciliation tools and processes; working with Derivates or Securitized Products and various Financial Instruments; and identifying unique and new trading activities or inventory movement through in-depth review.

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