Operations – Corporate Treasury Operations – Core Treasury - Vice President – Salt Lake City

Location(s) US-UT-Salt Lake City
Job ID
2021-81267
Schedule Type
Full Time
Function(s)
Operations
Region
Americas
Division
Operations
Business Unit
Core Treasury Operations
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

YOUR IMPACT

You are looking to join a fast-paced, dynamic team that has broad connectivity across the firm for a franchise critical process. You will collaborate with Cross-Federation teams and across the globe to manage the firm’s cash payments and receipts each day. You have a strong desire to learn about the firm’s different businesses and how they support our client and manage business risks, as well as work closely with a network of key banks and internal payments team to ensure smooth execution.


OUR IMPACT
Treasury Services is a global, multi-faceted and cross product team within Corporate Treasury. The primary objective of the team is to deliver smooth payment and receipt execution, reconciliation, and tying it back to tight ledger integrity. Treasury Services have regional presence in Salt Lake City, New York, London, Warsaw, Frankfurt, Bangalore and Singapore. Treasury Services serves as the firm’s central bank for processing and managing all incoming and outgoing cash movements, and monitoring transactions for compliance to legal and regulatory requirements. Our team also works actively in the payment regulation and payment infrastructure space. Treasury Payment Operations partners with teams across divisions to provide front to back services to clients around the world in services including execution of payments and exception management. For every new product launched and every client on-boarded it is Operations that develops and enables business flow.

 

HOW YOU WILL FULFILL YOUR POTENTIAL

  • Supervise payment/receipt settlement functions, perform discrepancy review, approve settlements performed by team members, resolving breaks and exceptions, and managing the accuracy of the firm’s books and records.
  • Manage escalations, issue recovery, and resolution related to payment activities
  • Partner with all businesses to resolve incidents, file errors and rejects and monitoring controls.
  • Work directly with the line and cross-functional teams to identify risk gaps and continuous improvement opportunities.
  • Develop procedures, work with various projects team, and assist with building systems and controls to meet new business requirements and onboard industry or regulatory requirements
  • Partner with Transaction Banking, Global Markets, Investment Banking, Consumer Products, Ledger Operations, Legal, Compliance, and wider Treasury Services organization to ensure accurate execution, reconciliation, and governance of payment settlement activities.
  • Build, implement, or maintain procedures to governing the settlement process to strengthen fraud prevention controls, increase efficiencies, and eliminate manual touchpoints globally.
  • Develop and coach members of the team by providing real-time feedback and opportunities for progression.
  • Responsible for recruitment, interviewing and recommendation of potential new hires to ensure adequate resources for managing the business risks.

SKILLS AND EXPERIENCE WE’RE LOOKING FOR

 

Qualifications/Desired Characteristics

  • 5-7 or above years of experience in a large & global financial institution with cash management/settlement experience
  • Expertise and technical knowledge of payments scheme requirements i.e. Fedwire, CHIPS, CHAPS, BACS, FPS, Target 2, SEPA, SWIFT, ACH general cash management and Nostro reconciliation
  • Excellent communication skills: experience working across multiple levels, functions and regions; able to clearly communicate information in an easy to understand manner; able to deliver messages effectively in a verbal and also written format.
  • Strong analytic and organizational skills and computer proficiency.
  • Clear thinker, problem solver and the ability to work in cross-functional projects and identify process improvements.
  • Ability to create and deliver business presentations and communicate effectively
  • Inquisitive nature and good listening skills
  • Systems savvy with proficiency in Microsoft Excel, Access, Word, and PowerPoint.
  • Critical attention to detail required
  • Strong team player
  • High energy & motivated, especially in a dynamic, fast-paced environment.
  • Experience with firm’s proprietary systems to settle payments
  • Experience with people management
  • Adaptable/flexible: being open to change (positive or negative) in response to new information, different or unexpected circumstances, and/or to work in ambiguous situations

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., 2021. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity