CORPORATE TREASURY
Corporate Treasury manages the firm's liquidity, funding, balance sheet and capital to maximize net interest income and return on equity through liability planning and execution, financial resource allocation, asset liability management, and liquidity portfolio management.
OPERATIONS
Operations is a dynamic, multi-faceted segment that partners with all areas of the firm to deliver banking, sales and trading and asset management capabilities to clients around the world. Alongside this vital service delivery role, Operations provides essential risk management and control, preserving and enhancing the firm's assets and its reputation. Operations span all product lines and markets, serving as internal business partners who develop the processes and controls, and help to specify the systems that deliver accuracy, timeliness and integrity to our business.
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YOUR IMPACT
Are you looking to apply your knowledge in law/policies and relationship management skills while driving creative industry solutions? The Bank Relations team is seeking a professional who is looking to partner with teams across the firm as well as our bank relationships + Legal teams to maximize commercial and operational value for the firm.
OUR IMPACT
Bank Relations (BR) is a global team responsible for managing strategic relationships with the firm's network of agent banks vendors, setting up cash and custody accounts, Credit facilities post documentation related to bank/entity/account. The team's goals are to establish, enhance and maintain these accounts in order to derive the maximum commercial and operational value for the firm. BR leverages its agent bank network to develop creative industry solutions while ensuring the highest level of service quality and risk management. The team works closely with multiple divisions across the firm to accomplish its goals. An important part is also to abide by the dynamic regulatory landscape across markets and remain compliant to maintain our accounts and facilities.
JOB SUMMARY AND RESPONSBILITIES
Daily tasks include but are not limited to the following:
- Support the global Bank Relations team in proactively managing, negotiating and finalizing all legal documents related to setting up of facilities and accounts with our external agent bank relationships as well as internal stakeholders for GS to achieve the firm's commercial and strategic goals.
- Manage (including open/maintain/close) the firm's cash and securities bank accounts, including client accounts in client-specific markets.
- Deep dive on new regulations impacting our workstreams and determine the next best action to safekeep our facilities
- Work with agent banks and internal teams to complete onboarding and periodic Know Your Customer (KYC) Due Diligence processes for Goldman Sachs Group, Inc. and its subsidiaries.
- Collaborate with internal divisions to progress industry and regulatory initiatives.
- Evaluate new business proposals to assess impact to account management requirements with agent bank network.
- Escalate issues and challenges in the process and suggest procedural updates that can enhance processes / workflow.
BASIC QUALIFICATIONS
- 1-2 years of professional and relevant experience
- Strong analytical and organizational skills
- Highly detail oriented
- Ability to operate independently and effectively drive multiple initiatives
- Excellent interpersonal and communication skills with the ability to interact with a wide range of stakeholders, both internally and externally
- Strong written and verbal communication skills
- Proficient in Microsoft Word, PowerPoint and Excel
PREFERRED QUALIFICATIONS
- Candidate must be proactive, enthusiastic and team oriented
- Knowledge on Regulations, documentation, legalization types
- Ability to remain composed under pressure
- Ability to prioritize work in a fast-paced environment
- Ability to multi-task and re-prioritize at short notice
- Adaptive to new changes and new challenges
- Accuracy and attention to detail
- Strong client service orientation
- Well-developed organizational skills
- Project management skills
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., 2024. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer