Transaction Banking Operations is part of Transaction Banking within the Investment Banking Division. We are responsible for building, developing and supporting Goldman Sachs’ Transaction Banking offering that is delivering a range of Transaction Banking products to our corporate client base. Transaction Banking Operations provide essential client service, risk management and controls architecture to preserve and enhance the firm's assets and 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.
We are seeking to recruit an individual to work in our London Transaction Banking Operations Team, supporting the multiple product offerings that we have or are in the process of rolling out for the UK Branch. These will include our Deposit Account, Global Payments (FX) offering, and DDA / Virtual accounts. The candidate will have prior experience supporting Transaction Banking Payment Services, Client Services or of FX Transaction Flows with a strong focus on risk management coupled with a desire to deliver service excellence within a new, evolving team.
The ideal candidate will play a key role in building our next generation capabilities in the Transaction Banking and payments space by working alongside the business and development teams to interpret and implement requirements.
You will be a key member to our London team, supporting Transaction Banking as we deliver these new businesses to our clients. This will involve helping to support Transaction Banking business and clients and manage exceptions within their daily payment flow whilst targeting an automated, best-in-class service as we implement and support newly launched products and services.
Transaction Banking Operations is focussed on building and delivering our brand new Transaction Banking businesses and supporting the suite of new Transaction Banking Services we are offering clients, whilst adapting to the rapidly changing payment landscape.
Our organisation is the first line of defence for control and governance to protect both clients’ and the firm’s financial assets; and to provide a differentiated, best- in-class client service. Transactions Banking Operations Services is a growing sub-division, with regional presence in Singapore, Bengaluru, London and New York. All our offices work closely together as a single global team in support of our Transaction Banking business. As this business expands we will look to increase our global footprint from both a team size and location perspective.
We manage a wide range of complex processes, with members developing skills and competencies around client service (client on-boarding, first line client support), transaction support (FX Payment, Escrow, Money Market and Term Deposits), cash management (including: payment controls, bank account management, virtual account management, cash concentration, payment formatting /settlement, reconciliation and claims), regulatory requirements, industry trends and change management.
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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.
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