Corporate Treasury, Operations - Settlement, Analyst, Singapore

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, Operations develops and manages the processes and controls that enable business flow.

Your Impact

You will join a fast-paced, dynamic team with 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 will build knowledge of the firm’s businesses, how they support clients, and how they manage business risks. You will also work closely with a network of key banks and internal payments teams to ensure smooth execution.

Our Impact

Corporate Treasury Operations is a subdivision of the Corporate Treasury Division. As a global, multi-faceted, cross-product subdivision, its primary objectives are to: lead the development of new payments-centric businesses while building scale and improving agility to adapt to a rapidly changing payment landscape; act as a first line of defense for control and governance to protect the firm’s financial assets; and incorporate differentiated client service to be best in class. Corporate Treasury Operations has a regional presence in Singapore, Bengaluru, Hyderabad, Warsaw, London, New Jersey, New York, Dallas, and Salt Lake City, with all offices working together as a global team.

The subdivision has a rare opportunity to support products and businesses across existing and new business lines, multiple payment types, and multiple client types, including institutional/franchise, consumer, and corporate cash management sectors. The team manages a wide range of complex processes, with members developing skills and competencies in cash management (payment controls, bank account management, settlements and reconciliations, claims), change management, regulatory requirements, and industry trends.

How You Will Fulfill Your Potential

• Manage a portfolio of cash payments and receipts; work with business units to monitor payment, credit, sanctions, and fraud risk.
• Provide oversight of payment control functions, including sanctions and fraud controls; liaise with the AML compliance team to resolve payment exception risk with strong senior management visibility.
• Serve as a front-line point of contact with a network of key vendors across cash agent banks and central banks.
• Work with internal business units to resolve cash settlement exceptions and issues.
• Ensure the accuracy and integrity of the firm’s books and records.
• Use sanctions and fraud risk detection systems and internal bank systems to review suspect items and warning reports daily; interpret reason codes and follow specified procedures for handling suspect activity. Apply payment knowledge to work with technology and project teams to assist with payment system design and rewrite.

Skills and Experience We’re Looking For

Basic Qualifications

• Bachelor’s degree with a minimum of 1 year of experience in financial services or operations management.
• Strong organization and multi-tasking skills; ability to work under pressure in a fast-paced environment while maintaining attention to detail.
• Solid, detailed understanding of cash payments infrastructure such as SWIFT messages and various local clearing systems in Asia markets, or a strong willingness and proactive attitude to learn.
• Effective team player with the ability to impact and influence across the organization and levels.
• Committed, driven, and self-motivated with a focus on continuously improving processes and enhancing controls.
• Proven analytical skills, problem-solving ability, and a control mindset with meticulous attention to detail.
• Knowledge of payment control functions such as sanctions screening, fraud detection, and/or AML is preferred.

About Goldman Sachs

At Goldman Sachs, we commit our people, capital, and ideas to help our clients, shareholders, and the communities we serve 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 are committed to fostering and advancing diversity and inclusion by ensuring every individual within our firm has opportunities to grow professionally and personally, through training and development opportunities, firmwide networks, and benefits that support wellness and personal finance, as well as mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.

We are committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process.