At a Glance
- Tasks: Join a dynamic team overseeing investor trades and enhancing operational processes.
- Company: Goldman Sachs, a leading global investment management firm.
- Benefits: Diverse opportunities for growth, wellness programs, and a supportive work culture.
- Other info: Collaborate with senior professionals and engage in exciting project-based work.
- Why this job: Gain broad exposure in asset management while making impactful contributions.
- Qualifications: Bachelor’s degree or relevant experience; strong communication and organisational skills.
The predicted salary is between 50000 - 70000 £ 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 Ops & Vendor Oversight Specialist employer: Goldman Sachs Group, Inc.
Goldman Sachs is an exceptional employer, offering a dynamic and international work environment that fosters professional growth and development. With a strong commitment to diversity and inclusion, employees benefit from comprehensive training programs, wellness initiatives, and opportunities to engage with a global network of talented professionals. The Transfer Agency Vendor Oversight team in Dublin provides a unique chance to gain broad exposure to asset management operations while working collaboratively on innovative solutions that drive efficiency and excellence.
StudySmarter Expert Advice🤫
We think this is how you could land Asset Management Ops & Vendor Oversight Specialist
✨Tip Number 1
Network like a pro! Reach out to people in the asset management field, especially those at Goldman Sachs. A friendly chat can open doors and give you insights that might just land you an interview.
✨Tip Number 2
Prepare for the interview by researching the company and its culture. Understand their values and how they align with your own. This will help you stand out as someone who truly fits into their team.
✨Tip Number 3
Practice your communication skills! Since this role requires excellent communication, consider doing mock interviews with friends or using online platforms to refine your pitch and responses.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the team!
We think you need these skills to ace Asset Management Ops & Vendor Oversight Specialist
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Asset Management Ops & Vendor Oversight 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. Be genuine and let your personality come through.
Showcase Your Communication Skills:Since excellent communication is key for this position, make sure your application materials are clear and concise. Use straightforward language and structure your thoughts logically to demonstrate your ability to communicate effectively.
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. Plus, you’ll find all the details you need about the role and our company culture there!
How to prepare for a job interview at Goldman Sachs Group, Inc.
✨Know Your Stuff
Make sure you brush up on your knowledge of transfer agency functions and mutual fund operations. Familiarise yourself with the key processes involved in investor trade and transfer requests, as well as cash/trade reconciliation. This will show that you're not just interested in the role but also understand its intricacies.
✨Showcase Your Communication Skills
Since this role involves a lot of interaction with various teams and external vendors, practice articulating your thoughts clearly. Prepare examples from your past experiences where effective communication made a difference, especially in project-based work or when resolving issues.
✨Demonstrate Problem-Solving Abilities
Think of specific instances where you've had to solve complex problems or improve processes. Be ready to discuss how you approached these challenges and what the outcomes were. This will highlight your ability to work independently while still being a team player.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle certain situations, like managing tight deadlines or coordinating new fund launches. Practise your responses to these scenarios, focusing on your organisational skills and ability to prioritise tasks effectively.
