• Transaction Banking Operations – Client Services - Escrow Accounts Management – Associate/Vice President – New York City

    Location(s) US-NY-New York
    Job ID
    2019-57867
    Schedule Type
    Full Time
    Level
    Vice President/Executive Director
    Function(s)
    Operations
    Region
    Americas
    Division
    Operations
    Business Unit
    CCM Ops
    Employment Type
    Employee
  • MORE ABOUT THIS JOB

    OPERATIONS

    Operations is a dynamic, multi-faceted division that partners with all parts of the firm to provide banking, securities, and asset management services to clients around the world. In addition, Operations provides essential risk management and controls to preserve and enhance the firm's assets and its reputation. For every new product launched and every trade executed, it is Operations that develops and manages the processes and controls that enable business flow.

    RESPONSIBILITIES AND QUALIFICATIONS

    INVESTMENT BANKING

    Our division works on some of the most complex financial challenges and transactions in the market today. Whether advising on a merger, providing financial solutions for an acquisition, or structuring an initial public offering, we handle projects that help clients at major milestones. We work with corporations, pension funds, financial sponsors, and governments and are team of strong analytical thinkers, who have a passion for producing out-of-the-box ideas.

     

    TRANSACTION BANKING

    We aim to build a modern and digital-first transaction banking solution to serve our clients. Our business combines the strength, heritage, and expertise of a 150-year-old firm with the agility and entrepreneurial spirit of a tech start-up. Our goal is to provide a best-in-class digital product that helps clients to succeed by giving them a holistic view of their business. Through the use of modern technology built on the cloud, we are the alternative to legacy platforms. We’re a team of diverse experts helping our clients to build the future of their Treasury.

     

    TRANSACTION BANKING OPERATIONS

    Transaction Banking Operations partners with all parts of the firm to provide front to back services to transaction banking clients around the world, ranging from client onboarding, client services to transaction execution. We also provide essential risk management and controls to support the Transaction Banking business. For every new product launched and every client on-boarded, it is Operations that develops and manages the processes and controls that enable business flow.

     

    RESPONSIBILITIES AND QUALIFICATIONS

    • Work closely with the Escrow product manager to define the escrow product offerings
    • Partner with engineering, risk, legal and compliance and other operational teams to deliver the product roadmap
    • Join the client onboarding process where required to facilitate the account opening and configuration process
    • Establish the system capability and the operational control framework
    • Own the establishment, implementation and execution of the operational control framework for escrow account life cycle management, covering but not limited to
    • Agreement review
    • Payment disbursement control execution
    • Client interaction
    • Tax reporting
    • Statement distribution
    • Account closure

    Basic Qualifications

    • Bachelor’s Degree
    • Minimum of 4+ years of escrow experience within the transaction banking industry
    • Mission Driven: Must be a strong believer in the team and mission
    • Inclusive Culture: Considerate to the cultural differences of team and a diverse user-base
    • Team player with experience of working in a large team and global team
    • Ability to work under pressure and to tight deadlines

    Preferred Qualifications

    • Previous experience in client-facing roles
    • Ability to drive revenue opportunities for Transaction Banking products across client base as well as client strategy
    • Exceptional communication skills- someone who is an engaging storyteller and is at ease presenting to executives
    • Excel at partnering with key stakeholders across the firm to deliver “One Goldman Sachs” to clients
    • Ability to collaborate with business and cross-divisional partners while navigating and influencing the organization
    • Self-motivated individual interested in a fast-paced and rapidly evolving organization

    ABOUT GOLDMAN SACHS

    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



    © The Goldman Sachs Group, Inc., 2020. All rights reserved.
    Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity