Operations - Enterprise Operations - Treasury Ops - Payments, Ledgers, and Controls: Payments Governance - Vice President/Associate - Jersey City

  • Competitive
  • Jersey City, NJ, USA
  • Permanent, Full time
  • Goldman Sachs USA
  • 20 Oct 18

Operations - Enterprise Operations - Treasury Ops - Payments, Ledgers, and Controls: Payments Governance - Vice President/Associate - Jersey City

MORE ABOUT THIS JOB OPERATIONS
Operations is a dynamic, multi-faceted division that partners with all parts of the firm to provide banking, securities, and asset management services to clients around the world. In addition, Operations provides essential risk management and controls to preserve and enhance the firm's assets and its 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.

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 closely with various Operations team to govern and manage payments risk for the broader cross-Federation teams and across the globe, with their respective cash payments and receipts each day. You have a strong desire to learn about the firm's different businesses and how they support our client and manage payment risks, as well as work closely with a network of key banks and internal payments team to ensure smooth execution.

OUR IMPACT
Payments, Ledgers, and Controls (PLC) 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. Payments, Ledgers, and Controls have 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.

HOW YOU WILL FULFILL YOUR POTENTIAL

RESPONSIBILITIES AND QUALIFICATIONS

  • Actively assist to develop an overall payments strategy as the industry rapidly evolves alongside our business needs. That includes understanding and governing payment workflows for each respective teams, and proposing new and better risk mitigation steps
  • The ideal individual will assist the management team to build an ideal payments landscape, and giving consideration to evolving future business growth requirements
  • Work closely with other teams outside of Operations, such as Embedded Risk managers and firmwide Risk Division
SKILLS AND EXPERIENCE WE ARE LOOKING FOR
Basic Qualifications

  • 5+ years of professional and relevant payments experience
  • Technical knowledge in payment infrastructure (ACH, Fedwire, SWIFT) and general payment risk awareness is expected
  • Prior work experience in managing or assessing process risk is a plus
  • BA/BS degree
Preferred Qualifications

  • Candidate must be proactive, enthusiastic and team oriented
  • Ability to prioritize and make decisions in a fast-paced environment
  • Strong analytical skills
  • Ability to remain composed under pressure
  • Strong client service orientation
  • Strong written and verbal communication skills


ABOUT GOLDMAN SACHS The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

© The Goldman Sachs Group, Inc., 2018. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.