YOUR IMPACT
The Bank Relations team is seeking a professional who is looking to partner with teams across the firm as well as our bank relationships 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. The team’s goals are to establish, enhance and maintain these relationships 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.
Daily tasks include but are not limited to the following:
- Support the global Bank Relations team in proactively managing external agent bank relationships 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.
- 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.
- Complete bank account dormancy reviews by partnering with agent banks and business units to determine eligibility.
- 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.
SKILLS & EXPERIENCE WE’RE LOOKING FOR - BASIC QUALIFICATIONS
- 0-3 years of professional and relevant experience.
- Strong analytical and organizational skills.
- Highly detail oriented.
- Ability to operate independently and effectively drive multiple business 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.
- Knowledge of the securities industry/trade life cycles.
- Familiarity with industry guidelines and concepts (e.g. KYC).
- The role requires daily interactions with local vendors in China, reviewing legal documents and drafting official statements in Chinese, so proficient knowledge and comfort in the Chinese language will be required.
PREFERRED QUALIFICATIONS
- Candidate must be proactive, enthusiastic and team oriented.
- Experience and ability to review Chinese language legal documents.
- 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.
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
