At a Glance
- Tasks: Support global bank strategy and maintain effective relationships with banks and stakeholders.
- Company: Join Goldman Sachs, a leading financial services firm with a collaborative culture.
- Benefits: Competitive salary, diverse opportunities, and a commitment to professional growth.
- Other info: Dynamic environment with excellent career advancement opportunities.
- Why this job: Make an impact in treasury management while developing your analytical and relationship skills.
- Qualifications: Strong analytical skills and effective communication; banking knowledge is a plus.
The predicted salary is between 55000 - 65000 £ per year.
Corporate Treasury manages the firm’s financial resources and minimises interest expense through liability planning, asset liability management, and liquidity portfolio yield enhancement. The division is ideal for collaborative individuals who have strong quantitative analysis skills and risk management capabilities since Treasury actively manages the firm’s financial resources which are constantly changing due to business activity, markets, risk appetite, regulations and other factors.
Role Overview
The Associate in Bank Relationship Management (BRM) supports the development and execution of the firm’s global agent bank strategy. The role focuses on maintaining effective bank relationships, delivering commercial outcomes, and ensuring alignment with the firm’s risk, regulatory, and operational frameworks. Bank Relations partner with senior relationship managers and cross-functional stakeholders to optimise service delivery, manage risk, and support strategic bank initiatives across regions and products.
Key Responsibilities
- Relationship & Stakeholder Management
- Maintain effective working relationships with external agent banks and internal stakeholders (Treasury, Legal, Operations, Risk, Business Units)
- Support senior engagement with banks, including preparing materials and tracking actions
- Escalate issues clearly and proactively to senior team members
- Represent the firm in routine interactions with bank network stakeholders and industry forums
- Commercial & Analytical Execution
- Analyse bank fee structures, service levels, and account activity to identify risks and optimisation opportunities
- Interpret data and contribute to recommendations on cost, service, and relationship positioning
- Support negotiations and commercial discussions through data-backed analysis
- Proactively identify anomalies in bank performance or pricing
- Risk, Control & Regulatory Compliance
- Ensure adherence to internal risk frameworks and external regulatory requirements (e.g. KYC, CASS)
- Understand and articulate the risk implications of relationship decisions
- Partner with Risk, Legal, and Audit to support governance and control processes
- Escalate issues appropriately and contribute to remediation actions
- Business & Strategic Support
- Support evaluation of new markets, products, and bank capabilities
- Contribute to strategic initiatives including RFPs, bank selection, and footprint optimisation
- Assist in preparing materials for senior forums and relationship reviews
- Participate in industry working groups and market infrastructure discussions
- Operational & Product Coverage
- Develop working knowledge of banking products including custody, cash, payments, and securities services
- Understand trade lifecycle and how bank services support business activity
- Assist in resolving operational issues and improving service delivery across the network
- Coordinate with Operations teams on service performance and issue resolution
Skills & Experience
- Core Skills
- Strong analytical capability with ability to interpret complex datasets
- Effective communication and stakeholder management skills
- Sound judgement balancing cost, risk, and service considerations
- Ability to operate in a fast-paced, global, and cross-functional environment
- Experience / Knowledge
- Understanding of banking, custody, or treasury functions preferred
- Familiarity with regulatory frameworks (e.g. KYC, client asset rules)
- Experience working with external financial institutions or vendors is advantageous
- Behavioural Attributes
- Detail-oriented with strong ownership and accountability
- Able to prioritise and adapt in a dynamic environment
- Operates calmly under pressure and demonstrates professional maturity
Corporate Treasury-Bank Relationship Management – Analyst/Associate- London employer: Goldman Sachs Group, Inc.
Goldman Sachs is an exceptional employer, offering a dynamic work environment in the heart of London where collaboration and innovation thrive. Employees benefit from comprehensive professional development opportunities, a strong emphasis on risk management, and the chance to engage with top-tier financial institutions. The company fosters a culture of inclusivity and support, ensuring that every team member can contribute meaningfully while advancing their career in a fast-paced, global setting.
StudySmarter Expert Advice🤫
We think this is how you could land Corporate Treasury-Bank Relationship Management – Analyst/Associate- London
✨Tap into Campus Networks
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Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
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We think you need these skills to ace Corporate Treasury-Bank Relationship Management – Analyst/Associate- London
Some tips for your application 🫡
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Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Goldman Sachs Group, Inc..
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Goldman Sachs Group, Inc.'s website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Goldman Sachs Group, Inc.
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Goldman Sachs Group, Inc..
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Goldman Sachs Group, Inc. will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Goldman Sachs Group, Inc. employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
