At a Glance
- Tasks: Drive revenue opportunities and deliver customised treasury solutions for clients.
- Company: Join Goldman Sachs, a leading global investment banking firm with a rich heritage.
- Benefits: Enjoy professional growth, wellness programs, and a diverse workplace culture.
- Other info: Collaborate with diverse teams and engage with senior stakeholders.
- Why this job: Make an impact in a fast-paced environment while advising top-tier clients.
- Qualifications: 10+ years in client-facing roles, especially in Non-Bank Financial Institutions.
The predicted salary is between 80000 - 100000 € per year.
TRANSACTION BANKING
Our mission is simple: provide a global transaction banking platform that is nimble, secure, and easy for clients to use. We have delivered a modern, digital-first transaction banking platform to serve GS’ varied client base. Our business combines the strength, heritage, and expertise of a 150-year-old firm with the agility and entrepreneurial spirit of a tech start-up designed to solve some of the most complex operational needs in the industry. We aim to help our clients achieve Working Capital efficiency gains by optimizing their short-term liquidity needs and simplifying their Cash Management operations.
We do so by delivering a best-in-class digital solution that helps clients manage their liquidity movements, foreign exchange, and payments enabling international treasury operations and commerce. We’re a team of diverse Treasury and Payments specialists helping our clients solution and build for the future.
ROLE OVERVIEW
Our Transaction Bankers are responsible for deepening relationships with our clients and acting as trusted advisors for all their cash management needs. The successful candidate will be expected to work cross-functionally with internal stakeholders, both in the Transaction Bank and the broader GS franchise. Transaction Bankers use technical expertise to solution customized cash management offerings with clients by owning the entire lifecycle of the client journey; qualifying, prospecting, solutioning, and driving revenue opportunities for the Transaction Banking business.
RESPONSIBILITIES
- Drive and own revenue opportunities for Transaction Banking products across our client base as well as owning the client strategy.
- Deliver creative and customized treasury solutions to clients, leveraging international payments expertise.
- Deepen and broaden knowledge and expertise on industry trends and the competitive landscape.
- Partner with internal stakeholders across the Investment Bank, Corporate Derivatives, Risk, etc., to help deliver “One Goldman Sachs” to some of the world's largest and most complex clients including large multinationals, government institutions, financial institutions, corporate and commercial entities.
SKILLS & EXPERIENCE REQUIRED
- Specialized NBFI Coverage: 10+ years of experience in a client-facing capacity specifically focused on the Non-Bank Financial Institutions (NBFI) sector. This includes a proven track record of advising and delivering complex cash management and liquidity solutions to Financial Sponsors (Private Equity and Private Credit), Asset Managers, Insurance companies, and Broker-Dealers.
- Candidate must demonstrate a detailed understanding of regulatory frameworks and operational treasury requirements specific to these client types.
- Strong academic record with Bachelor’s Degree, equivalent or above required.
- Ability to lead Global RFP processes, with a desire to host regular in-person payments sessions with clients.
- Ability to collaborate with an extensive array of partners both within Transaction Banking and across GS.
- Commitment to excellence, creativity, and a high level of integrity, with a diligent mindset.
- Desire to work in a fast-paced, lean environment, engaging with senior stakeholders across GS.
- Effective risk manager that can work with first and second lines of defense to ensure client framework is in place.
- Extremely strong verbal and written communication skills, as well as strong organizational and interpersonal skills.
- Self-motivated and ability to manage time effectively.
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.
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, colour, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.
Transaction Banking, Sales - NBFI, Vice President, London employer: Goldman Sachs
Goldman Sachs is an exceptional employer, offering a dynamic work environment in London that combines the heritage of a 150-year-old firm with the agility of a tech start-up. Employees benefit from a strong commitment to diversity and inclusion, extensive training and development opportunities, and a culture that encourages professional growth and collaboration across global teams. With a focus on delivering innovative solutions to complex client needs, working at Goldman Sachs means being part of a forward-thinking team dedicated to excellence and integrity.
StudySmarter Expert Advice🤫
We think this is how you could land Transaction Banking, Sales - NBFI, Vice President, London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and banking sectors, especially those who have experience with NBFIs. A friendly chat can lead to valuable insights or even job leads.
✨Tip Number 2
Show off your expertise! Prepare to discuss industry trends and your understanding of cash management solutions during interviews. This will demonstrate your commitment and knowledge, making you stand out.
✨Tip Number 3
Practice your pitch! Be ready to articulate how your experience aligns with the role of a Transaction Banker. Tailor your stories to highlight your client-facing skills and ability to deliver customised solutions.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining our team at Goldman Sachs.
We think you need these skills to ace Transaction Banking, Sales - NBFI, Vice President, London
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Transaction Banking role. Highlight your experience in the NBFI sector and how it aligns with our mission to provide a nimble and secure banking platform.
Showcase Your Expertise:We want to see your technical expertise shine! Include specific examples of how you've delivered complex cash management solutions in the past, especially for clients like financial sponsors or asset managers.
Be Clear and Concise:When writing your application, keep it clear and to the point. Use strong, impactful language that reflects your communication skills, as this is crucial for the role of a Transaction Banker.
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. We can’t wait to see what you bring to the table!
How to prepare for a job interview at Goldman Sachs
✨Know Your NBFI Inside Out
Make sure you have a solid understanding of the Non-Bank Financial Institutions sector. Brush up on recent trends, regulatory frameworks, and operational treasury requirements specific to this client type. This knowledge will help you demonstrate your expertise and show that you're ready to advise clients effectively.
✨Showcase Your Client Relationship Skills
Prepare examples of how you've deepened client relationships in previous roles. Highlight your ability to act as a trusted advisor and how you've successfully driven revenue opportunities. This is crucial for the role, so be ready to discuss specific strategies you've employed to enhance client satisfaction and loyalty.
✨Collaborate Like a Pro
Since the role involves working cross-functionally, think of instances where you've partnered with various stakeholders to deliver solutions. Be prepared to discuss how you can leverage internal resources to provide comprehensive cash management offerings. This will show your ability to work within a team and contribute to the broader goals of the organisation.
✨Communicate Clearly and Confidently
Strong verbal and written communication skills are essential. Practice articulating your thoughts clearly and concisely, especially when discussing complex topics like liquidity management and international payments. Consider doing mock interviews to refine your delivery and ensure you come across as confident and knowledgeable.
