Goldman Sachs EmployAbility Summer Analyst Internship 2018, Operations

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Start Date

June 2018

Location

London,UK

Duration

10 weeks

Who

Students and graduates of any degree discipline

Salary

Competitive

Deadline

Midnight, Wednesday 22nd November 2017

EmployAbility is delighted to be working with Goldman Sachs to offer disabled students and graduates the opportunity to apply for the Goldman Sachs Summer Analyst Internship programme.

About Goldman Sachs

The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centres around the world.

About the Summer Analyst Internship Programme

This is a ten-week programme designed to fully immerse you in the day-today activities of one of Goldman Sachs' divisions. The programme starts with a firmwide orientation where you’ll learn about their culture, as well as the benefits and responsibilities of being a member of Goldman Sachs. You will also receive division-specific training designed to help you succeed in your division.

After training, you will receive real responsibilities to give you a sense of what you would be doing, day to day, as a full-time Goldman Sachs employee. Along with fellow interns, you will work alongside leaders within the industry. Successful Summer Analysts may be invited back to join the New Analyst programme in a full time position.

About the Operations Division

Operations is at the core of Goldman Sachs. For every trade agreed, every new product launched or market entered, every transaction completed, it is Operations that enables business to flow. The Operations division represents approximately 14% of the firm, with more than 4,500 employees across the globe.

Operations is a dynamic, multi-faceted division that partners with all areas of the firm to deliver banking, sales and trading and asset management capabilities to clients around the world. In addition, Operations provides essential risk management and control, preserving and enhancing the firm’s assets and its reputation.

Operations spans across all product lines and markets where business is conducted and each area of business offers diverse opportunities that leverage a common core skill set;

Clearing Operations provides clearing, execution and custody services for all major trading products across 75 exchanges. Their goal is to deliver superior client service, broad product offering and scalable technology to their global client base and franchise trading businesses, while minimizing operational risk. Their clients include hedge funds, asset managers, governments, corporates, broker dealers, Goldman Sachs franchise traders, other professional investors and market markers.

Derivatives Operations is responsible for ensuring efficient and accurate transaction processing across a broad range of products. Generally, the products supported are complex instruments that require close alignment with the business. A key focus for the organization is establishing strong risk management procedures and controls to ensure the firm and their clients are properly protected. Derivatives Operations is at the forefront of shaping and driving change in the industry with the ultimate aim of delivering greater accuracy, control and efficiency for their clients and their business.

Investment Management Operations delivers asset management and wealth management capabilities to clients around the world. We are a multi-faceted group that partners with all areas of the Investment Management Division to support evolving markets and business requirements. Alongside that vital service delivery role, Investment Management Operations provides essential risk management and control.

Liquidity & Collateral Operations (LCO) manages the operational elements for daily funding and liquidity of the firm, oversees the firm's payment strategy and overall cash flows and positions, and also performs key functions related to counterparty risk management, client transparency, and product and pricing data. In addition to the traditional line functions, LCO is home to Operations Technology Strategy and Reference Data Strategy, both of which focus on strategic process and technology solutions for the division and often the broader firm.

Regulatory & Tax Operations is responsible for over 500 non-financial reporting and monitoring functions to over 400 regulators and exchanges. The group enhances the firm's regulatory and tax transaction and position data and operational controls and develops best practices and standards for processing, infrastructure, and change management. The group aims to leverage expertise consistently across regions and entities in order to demonstrate supervision to regulators and provide efficiency, data accuracy, and transparency around controls.

Risk & Control Operations supports the firm by ensuring the integrity of books and records, assessing regulatory requirements, and interfacing with regulators frequently. In addition, the group provides the firm with critical control indicators that assess economic, regulatory, and operational risks, while providing oversight of the Operations Division Risk Framework.

Securities Operations supports the Securities, Investment Management and Investment Banking Divisions of the firm. This group manages key relationships for the bank and infrastructure providers, onboarding of institutional and prime brokerage clients, and assists in the coordination of issuance of new financial products. Additional functions include settlement of trades, managing loans and borrow contracts, as well as handling a variety of asset servicing events.

Operations look for highly motivated individuals that value client service, risk management, integrity and excellence. They are interested in diverse, driven and innovative team players who have an interest in management, financial markets and business-process design. They look for individuals who can balance competition and team work, have intensity and integrity, intellectual curiosity, leadership potential and a passion for excellence. In return, they can offer you an internship with real responsibility, outstanding training and the chance to learn from the best.

Other Divisions

Goldman Sachs is offering Summer Analyst Internships across a variety of divisions. These are:

How to Apply

Candidates apply through EmployAbility but each applicant is assessed against Goldman Sachs’ core competencies and selected through the Goldman Sachs recruitment process. Successful candidates are hired directly into the appropriate Goldman Sachs Programme and participate in every aspect of it.

If you have any extenuating circumstances or require further information about the Internship programme, please contact Justin Penney on +44 (0)7776 090 508 or email info@employ-ability.org.uk

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