Job Description

At Goldman Sachs, we connect people, capital and ideas to help solve problems for our clients. We are 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 individuals. For us, it’s all about bringing together people who are curious, collaborative and have the drive to make things possible for our clients and communities.

YOUR IMPACT

Your role with Custody Services provides opportunities to provide excellent client service through daily interaction with our institutional client base. Through processing and approving asset transfers and handling client inquiries, you are directly engaged in servicing the critical capital needs of many of the world’s largest global hedge funds.

OUR IMPACT

Operations is a dynamic, multi-faceted division 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, 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 or market entered, every transaction completed, it is Operations that develops the processes and controls that makes business flow.

Custody Services is responsible for providing centralized asset transfer services to Prime Brokerage and Prime Clearing clients. Our success is derived from a combination of process efficiency and adherence to Controls and risk management principles. We excel at finding commercial solutions that meet our clients’ needs without compromising risk and control.

HOW YOU WILL FULFILL YOUR POTENTIAL

• Work directly with clients, client services teams in Global Banking & Markets, and Margin Lending Operations to ensure accounts are fully funded and proper client authorization is received for all asset transfers
• Tap into your investigative skills to find answers to client queries and solutions for issues that arise daily
• Work closely with Treasury Operations on cash settlement to minimize settlement delays for clients, and to mitigate the impact of large client transfers to firm funding projections
• Analyze and improve processes and procedures with an eye for reducing risk and eliminating repetitive effort
• Help influence client behavior to achieve superior operational and client service outcomes
• Develop a detailed understanding of the internal and external mechanics of asset transfers (both cash and securities) across global markets, and master the nuances of PB margin and financing platforms

SKILLS & EXPERIENCE WE’RE LOOKING FOR

BASIC QUALIFICATIONS

• Bachelor’s degree 
• 3-5 years of relevant work experience
• Must be comfortable presenting complex information in a structured and concise manner, and be able to work in a fast paced environment with multiple processing deadlines throughout the day
• Razor-sharp attention to detail paired with prudent risk aversion and control-forward thinking
• Constant drive to implement process improvement and challenge inefficiencies 
• Strong interpersonal skills and ability to work well with a team 
• Ability to own and manage projects and initiatives, influence others, and implement change in a consensus driven environment

PREFERRED QUALIFICATIONS

• Proficiency in Microsoft Excel, specifically pivot tables, look up functions, and general data analysis

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 

Salary Range 

The expected base salary for this New York, New York, United States-based position is $80000-$135000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.

Benefits 

Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.