Investment Banking Operations, Finance and Control, Analyst/Associate, Tokyo

YOUR IMPACT

The IBD Operations Finance and Control team has an opportunity for an experienced Analyst/Associate. The team is responsible for the management of expense balances and fee recovery for the IBD Division globally. This role gives the opportunity to have a direct impact on the P&L of the division by influencing the amount of fees and expenses recovered. This role allows for exposure to senior members of the firm, so you will be using your communication and negotiation skills to drive positive conversations. The role also requires close interaction with other business and Federation teams supporting Investment Banking, including IBD Finance, Controllers, broader Banking Investing and Lending Operations, and Technology. The Analyst/Associate will focus on risk management and control, day to day expense management processes, assisting with the recovery of project expenses, maintaining the syndicate sub ledger, and the settlement of financing transactions. The ideal candidate will help drive IBD Operations’ process improvement initiatives across multiple business lines. Additionally, the role will afford the opportunity to participate in key strategic projects and initiatives for the team.

OUR IMPACT

IBD Operations is a dynamic, multi-faceted subdivision that partners with all parts of the firm to deliver banking, sales and trading, and asset management capabilities to clients around the world. In addition, IBD Operations provides essential risk management and control to preserve and enhance the firm’s assets and its reputation. For every trade agreed, every new product launched, every new market entered, or every transaction completed, it is teams like IBD Operations that develop the processes and controls that make business flow. The Finance & Control Team is responsible for the proper recognition of IBD advisory fees, billing of expenses, settlement of financings, and overall maintenance of the expense balance sheet to create maximum recovery for the division's bottom line. In addition, the team monitors the balance sheet of deal-related expenses to promote recoverability, and seeks to reduce P&L exposure by reserving for losses related to non-recoverable expenses.

HOW YOU WILL FULFILL YOUR POTENTIAL

• Build and maintain strong relationships with IBD Bankers, IBD Financing teams, Business Unit Leaders and Business Unit Managers and ensure their queries are appropriately addressed
• Review advisory related transactions at all stages in the lifecycle to determine recoverability of transaction costs
• Work with IBD bankers to settle financing related expenses with other syndicate banks
• Work closely with Controllers to ensure fees are accurately reflected on the firm’s books and records
• Become a subject matter expert to mitigate risk and drive efficiencies
• Establish new controls for IBD Operations by partnering with Technology to design, build, and operate in a straight through processing (STP) environment
• Review current processes and recommend improvements to reduce risk and or increase efficiency
• Collaborate with our technology and business partners to enhance systems and workflows
• Provide data analysis and management reporting

SKILLS & EXPERIENCE WE’RE LOOKING FOR

The Ideal candidate for this position will have the following qualifications:

• Effective team player and self-starter, able to work towards targets with minimal supervision
• Strong communication skills, able to clearly articulate complex situations or procedures
• Strong relationship skills and ability to build networks with key counterparts, IBD bankers, IBD finance, Tax, Controllers, Tech, Global team members
• Strong analytical and organizational skills with a detail oriented mindset paying attention to details
• Native Japanese / Business level English language skills
• Basic accounting and/or taxation knowledge will be a big plus

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 GS.com/careers.

We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html

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