At a Glance
- Tasks: Bridge business strategy and tech execution in a dynamic payments environment.
- Company: Join Goldman Sachs, a leading global investment banking firm.
- Benefits: Competitive salary, diverse culture, and growth opportunities.
- Other info: Flexible role with clear paths to leadership in a fast-paced setting.
- Why this job: Make an impact by innovating payment solutions for corporate clients.
- Qualifications: 3+ years in technical roles with strong payments expertise.
The predicted salary is between 50000 - 70000 £ per year.
Payments Engineering Business Analyst (Associate / Vice President)
WHO WE ARE
At Goldman Sachs, our Engineers don’t just make things – we make things possible. Change the world by connecting people and capital with ideas. Solve the most challenging and pressing engineering problems for our clients. Join our engineering teams that build massively scalable software and systems, architect low latency infrastructure solutions, proactively guard against cyber threats, and leverage machine learning alongside financial engineering to continuously turn data into action. Create new businesses, transform finance, and explore a world of opportunity at the speed of markets.
Engineering, which is comprised of our Technology Division and global strategists groups, is at the critical center of our business, and our dynamic environment requires innovative strategic thinking and immediate, real solutions. Want to push the limit of digital possibilities? Start here.
Goldman Sachs Engineers are innovators and problem-solvers, building solutions in risk management, big data, mobile and more. We look for creative collaborators who evolve, adapt to change and thrive in a fast-paced global environment.
Transaction Banking (TxB) aims to bring innovative solutions to traditional banking and lending activities. We are a global team of lenders, investors, risk managers, skilled marketers, web experts and banking specialists. We provide a suite of solutions to help our customers meet their financial goals. We make direct investments in and manage risk for a portfolio of corporate loans and securities. We help transform distressed communities through investments and loans of private capital.
THE TEAM
Payments lay at the heart of what we are doing in Corporate Cash Management and our mission is to build a market leading payment platform that meets our corporate client's needs. We are starting with a clean slate and one singular goal in mind: Build a highly scalable, resilient, 24x7 available cloud-based payment platform that our corporate clients can rely on to run and grow their businesses.
HOW YOU WILL FULFILL YOUR POTENTIAL
As a Technical Payments Business Analyst (Associate / Vice President) within our Payments Engineering organization, you will bridge the gap between business strategy and technical execution. Leveraging your software engineering or technical background, you will dive deep into the system architecture, understand complex data flows, and translate high-level business and product requirements into robust technical specifications and system designs. You will collaborate closely with developers, architects, product managers, and operations teams to design scalable payment solutions. Your domain expertise in global payment rails and messaging standards (such as ISO 20022) will enable you to guide the engineering team through complex implementations, manage application lifecycles, and coordinate key compliance and attestation processes. This is a highly flexible role with significant growth potential, offering a clear path to transition into technical leadership or management.
RESPONSIBILITIES AND QUALIFICATIONS
Key Responsibilities:
- Technical Requirements & Design: Partner with product managers and business stakeholders to elicit requirements, and translate them into detailed technical specifications, system designs, and clear user stories for the engineering team.
- System & Architecture Understanding: Leverage your technical background to understand system dependencies, data models, and API integrations, ensuring proposed solutions are technically feasible and align with platform architecture.
- Stakeholder Management: Act as a key liaison and trusted partner between Payments Engineering, Product Management, Operations, and Compliance to align on priorities, manage expectations, and drive delivery.
- Payment Domain Leadership: Serve as a subject matter expert on payment processing, messaging standards (e.g., ISO 20022), and clearing networks, helping to guide the technical implementation of payment features.
- Compliance & Attestation Support: Coordinate and support annual scheme attestations, audits, and evidence collection for key payment rails, ensuring the platform meets all regulatory and operational standards.
- Agile Delivery: Actively participate in and drive Agile ceremonies (Scrum/Kanban), manage the technical backlog, and help unblock developers during the implementation phase.
Basic Qualifications:
- Education & Background: B.S. or higher in Computer Science, Software Engineering, or a related technical field (or equivalent practical technical experience).
- Experience: Minimum 3 years of professional experience in a technical business analyst, systems analyst, or techno-functional product role within a payments or financial technology environment.
- Technical Acumen: Strong understanding of software development lifecycles (SDLC), system architecture, APIs, and data modeling, with the ability to read technical documentation and discuss system designs with developers.
- Payments Expertise: Deep knowledge of payment processing, transaction lifecycles, and messaging standards, specifically ISO 20022 and global/domestic payment rails.
- Stakeholder Management: Proven track record of managing diverse stakeholders, bridging the gap between highly technical engineering teams and non-technical business partners.
- Agile Methodologies: Comfort working in Agile operating models (practical experience with Scrum / Kanban, Jira, and Confluence).
Preferred Qualifications:
- Prior experience as a software developer or systems engineer before transitioning into a business analyst or product role.
- Familiarity with UK domestic payment rails (FPS, CHAPS, BACS) and experience handling annual scheme attestations or compliance audits.
- Experience with payment vendor products (e.g., Finastra GPP, Volante, Fircosoft) or cloud-native payment architectures (e.g., AWS).
- Understanding of payment regulations (e.g., PSD2/PSD3, Open Banking) and AML/sanctions screening.
- Ambition and capability to grow into a leadership or people-management role within a fast-paced engineering organization.
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.
Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.
Global Banking & Markets - London - Associate / Vice President - Business Analyst employer: Goldman Sachs
Goldman Sachs is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. Employees benefit from comprehensive professional development opportunities, a strong emphasis on diversity and inclusion, and the chance to work with some of the brightest minds in finance. With a commitment to client success and a culture that fosters growth, joining Goldman Sachs means being part of a prestigious firm that values your contributions and supports your career aspirations.
StudySmarter Expert Advice🤫
We think this is how you could land Global Banking & Markets - London - Associate / Vice President - Business Analyst
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
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Don’t shy away from reaching out directly to firms like Goldman Sachs. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Global Banking & Markets - London - Associate / Vice President - Business Analyst
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
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.
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'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
✨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.
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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
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✨Network with Industry Professionals
Before your interview, reach out to current or former Goldman Sachs 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.
