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.

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. 

Corporate Treasury Operations (CTO) is a pillar within the Corporate Treasury division. CTO leads the development of new payments-centric businesses, build scale and improve agility to adapt to a rapidly changing payment landscape while managing and optimizing the firm’s liquidity.  This team acts as a first line of defense for control and governance to protect the firm’s financial assets.  By incorporating differentiated client service, CTO aims to be best in class.

Corporate Treasury Operations has regional presence in Salt Lake City, Dallas, New York, London, Warsaw, Bengaluru, Hyderabad, Singapore, Frankfurt, and many other offices.

OUR TEAM

Payment Clearing Operations (PCO) is a sub-team within Corporate Treasury Operations. PCO enables and advances payment capabilities on domestic or private rails (schemes) supporting Firm affiliate flow via Transaction Bank, Transaction Banking Clients, and the Retail businesses.  Our people have payment industry experience and focus on operational scale and excellence in client service. Our objective is efficient management of settlement rates with timely remediation of exceptions governed by a comprehensive risk and control framework. With focus on innovation and resiliency we have enabled the support of dynamic businesses while delivering solutions to complex flows across multiple platforms and vendors.  The team supports various payment rails including Fedwire, ACH, Checks, RTP, CHAPS, SEPA, BACS, FPS, SWIFT and Visa. 

YOUR IMPACT

You are looking to join a fast-paced, dynamic team of payment-oriented professionals, that has broad connectivity across the firm. You will collaborate with cross-divisional teams to improve the firm’s payment capabilities and manage the day-to-day payment settlements of the firm’s corporate and retail businesses. 

HOW YOU WILL FULFILL YOUR POTENTIAL

• Monitor and reconcile payment flows daily.
• Investigate and action payment exceptions.
• Execute day-to-day transactions in various payment systems or journals.
• Perform daily bank nostro reconciliation; investigate and resolve discrepancies.
• Partner with third party processor, vendors, technology teams to resolve issues.
• Identify and mitigate payment clearing & settlement risk.
• Understand the key risks and controls of our payment flows; propose/execute solutions
• Escalate and/or post to Associates, Vice Presidents, and/or senior managers, as needed.
• Provide training to new joiners in the team and lead continuous improvement initiatives. 
• Perform user acceptance testing; develop requirements to enhance payment capabilities;
• Participate in cross functional projects. 
• Stay familiar with the evolving payments landscape, rules & regulations, and network rules.
• Participate in internal and external audits processes, as well as quality assurance testing.
• Ability to multi-task and perform with a high degree of accuracy and a fast-paced, dynamic environment. 
• Partner with teams in Product, Engineering and Risk in the design and implementation of new rails and enablers for existing ones. 

SKILLS AND EXPERIENCE WE’RE LOOKING FOR

Basic Qualifications

• Bachelor’s degree.
• Systems savvy and proficiency in Microsoft Excel, Word, and PowerPoint.
• Willingness to learn and develop technical expertise on various U.S. payment rails.
• Exemplify GS culture of partnership, client service, integrity, and excellence.
• High energy & motivated, especially in a dynamic, fast-paced environment.
• Effective verbal/written communication; navigate diverse and broad stakeholders.
• Strong analytic and organizational skills.
• Clear thinker, problem solver and the ability to work in cross-functional projects and identify process improvements.
• Ability to create and deliver business presentations and communicate effectively.
• Intellectually curious and good listening skills.
• Critical attention to detail.
• Strong team player.
• Receptive to being challenged and think outside the box.
• Comfortable with ambiguity.
• Ability to simultaneously handle multiple demands and priorities. 

Desired Characteristics

• Knowledge of various payment systems or rails e.g. ACH, checks, Fedwire, RTP, SEPA, CHAPS, BACS, etc.
• Knowledge of payment network operating rules & regulations e.g. FRB, Nacha, ECCHO, CHIPS.
• Knowledge of payment formats e.g. ACH, ISO 20022, SWIFT. 
• Exposure to FRB, Nacha, TCH, SWIFT, third-party banks. 
• Payment certification: AAP, APRP, NCP, FPP
• 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.
• Strong client service orientation.
• Strong written and verbal communication skills.
• Adapt to changes and new challenges.
• Flexibility in shift timings as needed by business.

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