At a Glance
- Tasks: Join a dynamic team overseeing investor trade and transfer requests in asset management.
- Company: Goldman Sachs, a leading global investment management firm.
- Benefits: Diverse opportunities for growth, wellness programs, and a supportive work culture.
- Other info: Exciting career development in a fast-paced international environment.
- Why this job: Gain broad exposure to asset management while working with talented professionals.
- Qualifications: Bachelor’s degree or relevant experience; strong communication and organisational skills.
The predicted salary is between 40000 - 50000 £ per year.
Are you looking for a new challenge in a dynamic, international environment in asset management? Do you have excellent communication skills alongside an interest in a broad range of responsibilities? Our European Shareholder Services are looking for an Associate to join their Transfer Agency Vendor Oversight team.
Goldman Sachs Asset Management (GSAM) delivers innovative investment solutions through a global, multi-product platform that offers clients the advantages that come with working with a large firm, while maintaining the benefits of a boutique. GSAM is one of the pre-eminent investment management organizations globally. Critical to the success of GSAM is our ability to leverage a global team of talented professionals to define solutions and lead change across the operational infrastructure. European Shareholder Services (ESS) is part of the International Funds Group (IFG) which is at the heart of the Goldman Sachs Asset Management (GSAM) funds business. IFG covers a range of activities that allows team members to interact with a number of other internal teams as well as external clients, vendors, and industry experts. As such, this role will allow the candidate to gain broad exposure to the workings of the GSAM business, as well as detailed understanding of shareholder servicing processes. ESS is responsible for servicing the sales teams and investors of the Luxembourg, Ireland and Cayman domiciled collective investment products for the GSAM and FICC divisions.
The role entails working in the Transfer Agency Vendor Oversight area of the ESS team. The successful candidate will be responsible for the following functions:
- Oversight and supervision of investor trade and transfer requests, cash/trade reconciliation and settlement, processed by the external TA vendor.
- Interactive investor flow notification with the liquidity funds’ portfolio management teams.
- Co-ordination and execution of fund dividends and TA bank account related processes, such as bank charges, interest claims, unsettled trades, class fee reconciliation and foreign exchanges.
- Oversight activity will be spread across our Dublin, Luxembourg, and externally managed fund ranges.
- Automation and integration of trading, settlement, reporting and service solutions to investors, in conjunction with the Platform Support team.
- Ongoing review and maintenance of internal policies and procedures with a view to increasing automation, scalability, and outsourcing of tasks to external vendors with appropriate controls and cost efficiencies.
- Co-ordination of new fund and share class launches and set-up on internal and external systems and platforms, working closely with Platform Services, product development and the funds group teams.
- Provision of management/board reporting, vendor KPI reporting and information for ad-hoc management requests.
The candidate will be required to work with senior members of the division and cover both day to day and project related tasks relevant to the activities mentioned in the summary above.
SKILLS & EXPERIENCE WE’RE LOOKING FOR
BASIC QUALIFICATIONS
- Bachelor’s degree with good academic record or equivalent gained through relevant work experience.
- High level of accuracy and the ability to maintain this standard whilst under pressure from reporting deadlines.
- Excellent communication, organization, and multi-tasking skills with ability to set own priorities.
- Highly motivated and team focused but able to work independently to solve problems.
- Exposure to project based work, especially with thinking through and delivering policy and process improvements.
PREFERRED QUALIFICATIONS
- Knowledge of transfer agency function/workings.
- Knowledge of mutual fund transfer agent operations, processing, and compliance standards.
- Knowledge of multi currency domestic/cross border payments.
- Experience in the banking/asset management industry.
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.
Asset Management Operations, GSAM European Shareholder Services, TAVO, Associate, The Hague employer: Goldman Sachs Group, Inc.
Goldman Sachs Asset Management (GSAM) offers a dynamic and inclusive work environment in The Hague, where employees are empowered to grow both professionally and personally. With a strong focus on innovation and collaboration, GSAM provides extensive training and development opportunities, alongside competitive benefits that support employee well-being. Joining the European Shareholder Services team means being part of a global leader in investment management, where your contributions directly impact the success of our diverse client base.
StudySmarter Expert Advice🤫
We think this is how you could land Asset Management Operations, GSAM European Shareholder Services, TAVO, Associate, The Hague
✨Tip Number 1
Network like a pro! Reach out to people in the asset management field, especially those at Goldman Sachs. Use LinkedIn to connect and engage with them; you never know who might help you land that interview.
✨Tip Number 2
Prepare for the interview by researching GSAM's recent projects and initiatives. Show us that you're not just interested in the role but also in how you can contribute to their success. Tailor your questions to demonstrate your knowledge!
✨Tip Number 3
Practice your communication skills! Since this role requires excellent communication, consider doing mock interviews with friends or using online platforms. The more comfortable you are, the better you'll perform when it counts.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows us that you’re serious about joining the team at GSAM.
We think you need these skills to ace Asset Management Operations, GSAM European Shareholder Services, TAVO, Associate, The Hague
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Asset Management Operations role. Highlight any relevant experience in transfer agency functions or asset management to catch our eye!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a perfect fit for our team at GSAM.
Showcase Your Communication Skills:Since excellent communication is key for this position, make sure your application is clear and concise. Use straightforward language and structure your thoughts logically to demonstrate your communication prowess.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows us you’re serious about joining our dynamic team!
How to prepare for a job interview at Goldman Sachs Group, Inc.
✨Know Your Stuff
Make sure you brush up on the basics of asset management and transfer agency functions. Familiarise yourself with the specific responsibilities mentioned in the job description, like cash/trade reconciliation and fund dividend processes. This will show that you're genuinely interested and prepared.
✨Show Off Your Communication Skills
Since excellent communication is key for this role, practice articulating your thoughts clearly and concisely. You might be asked to explain complex processes or how you would handle investor queries, so be ready to demonstrate your ability to communicate effectively.
✨Demonstrate Problem-Solving Abilities
Think of examples from your past experiences where you've successfully solved problems or improved processes. Be prepared to discuss how you can apply these skills to enhance the operational infrastructure at GSAM, especially in relation to automation and vendor oversight.
✨Ask Insightful Questions
Prepare a few thoughtful questions about the team dynamics, ongoing projects, or the future direction of the European Shareholder Services. This not only shows your interest in the role but also gives you a chance to assess if the company culture aligns with your values.
