At a Glance
- Tasks: Join our team to manage client relationships and ensure exceptional service in Transaction Banking.
- Company: Goldman Sachs is a leading global investment banking firm committed to diversity and professional growth.
- Benefits: Enjoy competitive vacation, health insurance, fitness reimbursements, and family care support.
- Why this job: Be part of an innovative team shaping the future of Transaction Banking with a focus on client excellence.
- Qualifications: Bachelor’s degree and 2+ years in client service or transaction banking required; strong leadership skills preferred.
- Other info: Work in a dynamic environment with opportunities for personal and professional development.
The predicted salary is between 36000 - 60000 £ per year.
Transaction Banking Operations – Client Service – Analyst – London location_on London, Greater London, England, United Kingdom
OPERATIONS
Transaction Banking Operations is part of Transaction Banking within the Investment Banking Division. We are responsible for building, developing and supporting Goldman Sachs’ Transaction Banking offering that is delivering a range of treasury and cash management products to our corporate client base. Transaction Banking Operations provide essential risk management and controls architecture to preserve and enhance the firm\’s assets and 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
We are seeking to recruit an individual into the Client Services function. The group provides support for the full Transaction Banking product offerings including Deposits, Escrow, Virtual Integrated Accounts, and Global Payments capabilities. The candidate will have prior experience managing Client Service teams supporting Transaction Banking Payment Services or FX Transaction Flows with a strong focus on delivering client service excellence coupled with risk management within a new evolving team.
The ideal candidate will be integral to delivering for our clients every day while also partnering with Product, Digital, Sales, and Engineering to build out the next generation capabilities in Transaction Banking.
Key client-facing responsibilities will include managing strategic client relationships, exceptions resolution, handling of escalated client inquiries and most importantly – ensuring an exceptional client experience while growing a highly motivated team.
OUR IMPACT
Transaction Banking Operations is focused on scaling the recently launched Transaction Banking businesses and supporting the constantly evolving suite of innovative Transaction Banking Services we are offering clients, whilst adapting to the rapidly changing payment landscape.
Our organization is the first line of defense for control and governance to protect both clients’ and the firm’s financial assets; and to provide a differentiated, best- in-class client service. Transaction Banking Operations is a growing sub-division, with regional presence in Tokyo, Singapore, Bengaluru, London, New York, and Dallas. All our offices work closely together as a single global team in support of our Transaction Banking business. As this business expands we will look to increase our global footprint from both a team size and location perspective.
We manage a wide range of complex processes, with members developing skills and competencies around client service (client on-boarding, first line client support), cash management (including: payment controls, bank account management, virtual account management, cash concentration, payment formatting /settlement, reconciliation and claims), transaction support (FX Payment, Escrow, Money Market and Term Deposits), regulatory requirements, industry trends and change management.
HOW YOU WILL FULFILL YOUR POTENTIAL
- Manage the Client Service experience as part of the Global Transaction Banking Operations team, delivering client service excellence as we build, launch, deliver and evolve a suite of new Transaction Banking products for our Corporate Clients.
- Be client service, control and solution orientated as we roll out a significant program of new and enhanced functionality in support of our offering.
- Support our new Client Service functions globally and help establish, develop, monitor and manage the client service architecture that allows us to deliver this growing suite of Transaction Banking Services.
- Understand and support the FX Payment Flows and liquidity sourcing that are a key component in delivering our Global Payment offering to our clients. Develop and implement best practice to enable efficient movement of International Payments and the flows, payment schemes and the processes surrounding them.
- Work with internal teams, strategic partners and clients to manage a range of queries related to payments, accounts, account management, client on-boarding, client issue resolution, payment repairs, firm/customer funding flows and FX unwinds.
SKILLS AND EXPERIENCE WE ARE LOOKING FOR:
BASIC QUALIFICATIONS
- Bachelor’s degree with 2+ years of professional and relevant experience
- Experience managing, growing, and developing Client Service teams in Transaction Banking, Payment Processing or FX Middle Office
- Strong Interpersonal skills and Leadership skills
- Proficient with key principles of client support and risk management
- Good understanding of either the FX business including FX Payments or of International Payment Servicing or Transaction Banking Account Management
- Proven analytical skills, problem solving ability, and a control mentality paired with meticulous attention to detail
- Excellent communication skills (written and verbal)
PREFERRED QUALIFICATION
- Leadership and Coaching skills
- Ability to effectively manage Global Stakeholders
- 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
- Accuracy and attention to detail
- Strong written and verbal communication skills
- Adapt to new changes and new challenges
- Strong analytical skills
- 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:
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
Healthcare & Medical Insurance
We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.
We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.
Financial Wellness & Retirement
We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.
Health Services
We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.
Fitness
To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).
Child Care & Family Care
We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.
Benefits at Goldman Sachs
Read more about the full suite of class-leading benefits our firm has to offer.
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Transaction Banking Operations - Client Service - Analyst - London London · United Kingdom · Analyst employer: Goldman Sachs Bank AG
Contact Detail:
Goldman Sachs Bank AG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Transaction Banking Operations - Client Service - Analyst - London London · United Kingdom · Analyst
✨Tip Number 1
Familiarise yourself with the specific Transaction Banking products mentioned in the job description, such as Escrow and Global Payments. Understanding these services will help you engage in meaningful conversations during interviews and demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals already working in Transaction Banking or related fields. Attend industry events or join relevant online forums to connect with individuals who can provide insights into the company culture and expectations for the Client Service Analyst role.
✨Tip Number 3
Prepare to discuss your experience in managing client relationships and resolving escalated inquiries. Think of specific examples where you successfully improved client satisfaction or streamlined processes, as these will be crucial in showcasing your fit for the role.
✨Tip Number 4
Stay updated on current trends in the payment landscape and regulatory requirements affecting Transaction Banking. This knowledge will not only enhance your understanding but also allow you to contribute valuable insights during discussions with interviewers.
We think you need these skills to ace Transaction Banking Operations - Client Service - Analyst - London London · United Kingdom · Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in client service, transaction banking, and payment processing. Use specific examples that demonstrate your skills in managing client relationships and delivering exceptional service.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the Transaction Banking Operations role. Mention your experience with client service teams and how you can contribute to enhancing client experiences at Goldman Sachs.
Highlight Relevant Skills: Emphasise your analytical skills, problem-solving abilities, and attention to detail in your application. These are crucial for the role, so provide examples of how you've successfully applied these skills in previous positions.
Show Enthusiasm for the Role: In your application, express your enthusiasm for working in a fast-paced environment and your commitment to client service excellence. This will help convey your proactive and team-oriented attitude, which is highly valued by Goldman Sachs.
How to prepare for a job interview at Goldman Sachs Bank AG
✨Understand the Role
Make sure you have a solid grasp of what the Transaction Banking Operations - Client Service Analyst role entails. Familiarise yourself with the key responsibilities, such as managing client relationships and handling escalated inquiries. This will help you demonstrate your understanding of the position during the interview.
✨Showcase Your Experience
Prepare to discuss your previous experience in managing Client Service teams, particularly in Transaction Banking or Payment Processing. Highlight specific examples where you delivered client service excellence and how you handled challenges, as this will resonate well with the interviewers.
✨Demonstrate Analytical Skills
Since the role requires strong analytical skills and problem-solving abilities, be ready to provide examples of how you've used these skills in past roles. You might be asked situational questions, so think about how you can showcase your meticulous attention to detail and control mentality.
✨Prepare for Behavioural Questions
Expect behavioural questions that assess your interpersonal and leadership skills. Prepare answers that reflect your ability to remain composed under pressure, prioritise tasks, and adapt to new challenges. Use the STAR method (Situation, Task, Action, Result) to structure your responses effectively.