Corporate Treasury Operations - Settlements/Admin - Associate - Bengaluru

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.

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 has regional presence in Salt Lake City, New York, London, Warsaw, Bangalore, Singapore, and Tokyo. Payment Operations 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.

JOB SUMMARY AND RESPONSBILITIES

ADMIN ROLE

• Provides administrative support in a complex team environment to a senior executive and group. 
• Calendar management
• Maintains complex and extremely detailed calendars and prioritizes meeting requests and related logistics. 
• Timesheet data entry and manager alignments
• Role Management System Administrator
• Performance Manager Systems Champion
• Office space system management and co-ordination of seating requirements
• New hire accesses and employee transfers
• Contractor on-boarding
• Expense management and preparation
• Logistics for local sessions (e.g., Compliance / ER refreshers)
• Logistics for visitors (cab booking/building access/ room bookings) 
• Coordination with internal and external vendors for staff engagement events
• Supporting teams in day to day issues, needs, and queries.
• Prepares and distributes divisional correspondence, memos, letters, reports or other documents as requested. 
• On-boards new hires, processes new employees, transfers, termination, etc. 

FUNCTIONAL ROLE

• Responsible to ensure timely and accurate settlement of Claims for clients and brokers while ensuring to capitalize on the recoup of claims for the firm. 
• Partner with Trading and Sales Desks to manage claims for their respective clients / asset classes and drive cost reduction and revenue maximization initiatives. Deliver enhanced client experience.
• Understanding of the Claims industry practices and guidelines 
• Prioritization skills to be able to manage multiple claims from top tier and sensitive clients while ensuring overall process  turnaround is clean
• Excellent communication skills with the ability to manage client and broker relationships and negotiate bilateral claims 
• Client service mindset to ensure high level of service and swift turn around on responses are managed
• Project management skills to be able to drive F2B engagements across Ops and Desk business partners to streamline and reduce manual inputs in the process 
• Good judgement skills in balancing relationship vs cost based decision making and ensuring to partner with desk to arrive at the most commercial and efficient decisions swiftly

BASIC QUALIFICATIONS

• Prior work experience - professional and relevant payments experience, in an evolving industry change is a plus.
• Bachelor’s degree.

PREFFERED QUALIFICATIONS

• Knowledge on Banking sector, Swifts, Credit Cards, Payment technologies, ACH
• Candidate must be proactive, enthusiastic and team oriented.
• Ability to remain composed under pressure. 
• Accuracy and attention to detail. 
• Strong client service orientation. 
• Adapt to new changes and new challenges. 
• Strong analytical skills. 
• Well-developed organizational skills is a plus.
• Requires excellent interpersonal and communication skills. 
• Ability to handle highly sensitive, confidential, and non-routine information. 
• Demonstrated dependability and sense of urgency about getting results. . 
• Comfortable working with people at all organizational levels. 
• Ability to work well under pressure, adapt to unexpected events, prioritize and multi-task in a deadline driven environment. 
• Must have excellent judgment, independent thinker and resourceful. 
• Strong proficiency in MS Word, Excel, PowerPoint, and Outlook. 

ADDITIONAL SKILLS

• Knowledge in payments and instruction set up -  SWIFT /FEDWIRE/CHAPS formatting 
• Understanding of Interest rate / penalty landscape across currencies & markets 
• Knowledge of the swift standards & guidelines
• Knowledge of the Securities Settlement nuances 
• Knowledge of ISDA & Trade contracts and applicable terms around delays / failed settlements
• Knowledge of Trade flows and Operations surrounding asset classes of FIS, EQ, Derivatives, Prime Brokerage & Collateral Management

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: 

© The Goldman Sachs Group, Inc., 2024. All rights reserved.

Goldman Sachs is an equal employment/affirmative action employer

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