FINANCE - FUNDING/PRODUCT CONTROLLER - ASSOCIATE - LONDON, Goldman Sachs

Job Title	FINANCE - FUNDING/PRODUCT CONTROLLER - ASSOCIATE - LONDON
Employer	Goldman Sachs
Job Type	Full Time
Location	London, UK
Industry	Investment Banking
Experience	0-3 Years
Languages	English
Deadline	Friday 12th February 2016

Job Summary & Responsibilities
WHO WE ARE
The Goldman Sachs Group, Inc. is a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. The firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centres around the world.
BUSINESS UNIT OVERVIEW
As contact with virtually every part of the firm is essential to Controllers, professionals in the department experience Goldman Sachs businesses, products and sophisticated technology systems in depth. If you want to develop an in-depth understanding of financial services, Controllers is a great place for your career. You will receive continuous training, both formal and informal, and the support of senior members of our team.
IMD Controllers is aligned to the Investment Management Division of Goldman Sachs, incorporating the Goldman Sachs Asset Management (“GSAM”) and Private Wealth Management (“PWM”) divisions. This role is seeking a candidate who will be able to cover two core disciplines within IMD Controllers.
The London IMD Fund Controllers team is responsible for the oversight of the accounting for GSAMs Luxembourg and Irish domiciled funds. The Fund Accounting function for these funds is outsourced to several Fund Administrators, in two European countries, utilizing three different GAAPs.  The team responsibilities include Net Asset Value (“NAV”) review and approval of daily and weekly pricing funds, financial statement and board reporting, audit management, regulatory reporting, expense budgeting, as well as key involvement in the launch and closure of funds and the new product approval process.
The London IMD Product Controllers team is responsible for the p&l and valuation oversight of a large long/short equity hedge fund and the PWM International Lending Portfolio. The team responsibilities include valuation of public and private assets and partnering with the PWM business to help grow the International Lending business.
Both teams interact closely with various internal teams connected with IMD, as well as with the external vendors, principally the Fund Administrators and Auditors.

FUND CONTROLLERS RESPONSIBILITIES
• Oversight and review of Fund Administrators, including review of NAVs, service levels and other projects
• Development/enhancement of systems and applications
• Management of fund / share class launches and closures, as well as other initiatives
• Fund budgeting (for non-asset based fees) and expense oversight, authorization and reconciliation
• Review of Fund regulatory reports, including Financial Statements
• Preparing analytical reports for Management, Fund Boards and other stakeholders
• Coordination with Fund Administrators for reporting cycles and other initiatives

PRODUCT CONTROLLERS RESPONSIBILITIES
•  Prepare and undertake analytical review of the daily profit and loss in the context of market moves and risk held.
• Perform monthly Price Verification of a broad portfolio including equities, loans, bonds, CFDs, CDSs, options and private equity
• Reconcile Fund positions and P&Ls; to the Fund Administrator
• Production and analyse the balance sheets for the PWM business and understanding and explanation of movements.
• Preparing monthly accounts for posting to the firm/fund’s general ledger and producing/reviewing relevant external disclosures.

COMPETENCIES

• Functional Expertise - Keeps up-to-date with emerging business, economic, and market trends
• Technical Skills - Demonstrates strong technical skills required for the role, pays attention to detail, takes initiative to broaden his/
her knowledge and demonstrates appropriate financial/analytical skills
• Drive and Motivation - Successfully handles multiple tasks, takes initiative to improve his/her own performance, works intensely
towards extremely challenging goals and persists in the face of obstacles or setbacks
• Client and Business Focus - Effectively handles difficult requests, builds trusting, long-term relationships with clients, helps the
client to identify/define needs and manages client/business expectations
• Teamwork – Gives evidence of being a strong team player, collaborates with others within and across teams, encourages other
team members to participate and contribute and acknowledges others’ contributions
• Communication Skills - Communicates what is relevant and important in a clear and concise manner and shares information/new
ideas with others
• Judgement and Problem solving - Thinks ahead, anticipates questions, plans for contingencies, finds alternative solutions and
identifies clear objectives.  Sees the big picture and effectively analyses complex issues
• Creativity/Innovation - Looks for new ways to improve current processes and develop creative solutions that are grounded in
reality and have practical value
• Influencing Outcomes - Presents sound, persuasive rationale for ideas or opinions.  Takes a position on issues and influences
others’ opinions and presents persuasive recommendations

Goldman Sachs is an equal opportunity employer. © The Goldman Sachs Group, Inc., 2016. All rights reserved
Preferred Qualifications
• Qualified Accountant with asset management industry experience
• Audit background an advantage
• Proven understanding of offshore funds, strategies and structures – experience supporting Irish domiciled funds and Luxembourg SICAVs preferred
• Proven history of process improvement
• Proven history of working to and achieving strict deadlines
• Proven time management skills and the proven ability to manage multiple deliverables with global internal and external teams

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 high-net-worth individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centers around the world.

Features and Rankings

Features

> One of the strongest brand name in the financial industry and extremely powerful alumni network

> Consistently ranked in top positions in M&A and investment banking in general

> Competitive, success driven culture

Rankings 2010

Global M&A: #2

European M&A: #1

US M&A: #1

Asia-Pacific M&A: #3