Operations, Treasury Services, Treasury Operations, Analyst/Associate, Singapore

Location(s) SG-Singapore
Job ID
2019-58763
Schedule Type
Full Time
Level
Analyst
Function(s)
Operations
Region
Asia Except Japan
Division
Operations
Business Unit
Treasury Services
Employment Type
Employee

MORE ABOUT THIS JOB

OPERATIONS

Operations is a dynamic, multi-faceted division 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. 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.

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 firms 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 Operations. The primary objective of the team is to deliver smooth payments execution and reconciliation, and tying it back to tight ledger integrity. Treasury Services have regional presence in Salt Lake City, New York, London, Warsaw, 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 Operations partners with Transaction Banking Operations to provide front to back services to transaction banking 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

RESPONSIBILITIES AND QUALIFICATIONS

HOW YOU WILL FULFILL YOUR POTENTIAL

  • Understand business needs, elicit, agree and document the requirements for payment schemes and processes surrounding them
  • Be solution orientated and work in an agile environment to build our Payments strategy, including self-clear and 3rd party cash management services
  • Help design and establish appropriate payment functions globally to support clearing processes including payment risk management, investigation and repair functions, and firm/customer funding flows
  • Work with the business to resolve cash settlement exceptions / issues and FX unwinds
  • Actively assist to develop an overall payments strategy as the industry evolves alongside our business needs
  • Oversight payment controls functions including sanctions control and fraud management
  • Liaise with AML compliance team to resolve payment exception risk

 

SKILLS AND EXPERIENCE WE’RE LOOKING FOR

 

BASIC QUALIFICATIONS

  • 1-3 years of professional and relevant payments experience
  • Prior work experience in an evolving industry change is a plus
  • BA/BS degree

 

PREFERRED QUALIFICATIONS

  • Candidate must be proactive, enthusiastic and team oriented
  • Ability to remain composed under pressure
  • Ability to prioritize and make decisions in a fast-paced environment
  • Accuracy and attention to detail
  • Strong client service orientation
  • Strong written and verbal communication skills
  • Adapt to new changes and new challenges
  • Strong analytical skills
  • Well-developed organizational skills
  • Expertise Technical knowledge of payments scheme requirements i.e. CHAPS, BACS, FPS, Target 2, SEPA,  SWIFT and general cash management is expected
  • Proficient in payment messaging formats (ISO 20022 and 15022 standards) 

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



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Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity