Corporate Treasury, Operations, Settlements, Analyst, Singapore

Opportunity Overview sitemap_outline CORPORATE TITLE Analyst language OFFICE LOCATION(S) Singapore assignment JOB FUNCTION Settlements account_balance DIVISION Corporate Treasury

ABOUT GOLDMAN SACHS

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.

ABOUT OUR ROLES

Corporate Treasury Operations provides payment processing, liquidity, cash management and bank relationship management services for our institutional, retail, and corporate clients as well as firmwide flows.

Corporate Treasury Operations (CTO) is a pillar within the Corporate Treasury division. CTO leads the development of new payments-centric businesses, builds scale and improves 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, Tokyo, Singapore, Frankfurt, and many other offices.

OUR TEAM

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 firm’s different businesses and how they support our clients and manage business risks, as well as work closely with a network of key banks and internal payments team to ensure smooth execution.

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

JOB RESPONSIBILITIES

• Manage and optimize operational flows for our three client sectors, including institutional/franchise flows, our consumer offering as well as associated consumer payments, and operational support for the firm’s new Transaction Banking business.
• Actively assist to develop an overall payments strategy as the industry evolves alongside our business needs. The ideal individual will assist the management team to build our next generation capabilities in the payments space.
• Front line interaction with a network of key vendors across cash agent banks as well as central banks.
• Ensuring accuracy and integrity of the firm’s books and records.
• Manage our daily cash payments and receipts for a particular portfolio.
• Work with internal business units to resolve cash settlement exceptions/issues.

BASIC QUALIFICATIONS

• Bachelor’s degree with experience in financial services.
• Good 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 strong willingness and proactive attitude to learn.
• Effective team player with ability to impact and influence across organization and levels.
• Committed, driven and self-motivated individual who constantly aims to improve processes and enhance controls.
• Leveraging payment knowledge, to work closely with our technology and project team to assist with payment system design and re-write.
• Proven analytical skills, problem-solving ability, and a control mentality paired with meticulous attention to detail.

PREFERRED QUALIFICATIONS

• Japanese language skill to support the Japan market preferred.
• Knowledge in the payments control functions such as sanction screening/fraud detection/AML preferred.