Asset & Wealth Management Operations Associate - Dallas

Goldman Sachs; Dallas (TX); On-site; USD 110,000 - 150,000; Full time

Job summary

Goldman Sachs Asset Management seeks a Portfolio Control Reconciliations professional within Investing Operations to ensure accurate positions, cash, and NAV across client accounts, covering equities, fixed income, and derivatives. The role involves active collaboration with portfolio managers and operations teams to maintain flawless records and reporting.

You will investigate differences, mentor junior staff, and drive process improvements while leveraging advanced Excel and portfolio

Qualifications

• Relevant bachelor’s degree with an excellent academic record.
• 4+ years of experience in Operations and/or Financial Services Industry, preferably in Asset management.
• Strong understanding of accounting principles and theories including fund accounting, Tax lot accounting, and Net Asset Values.
• Extensive understanding of the product lifecycle (Equity, Fixed Income, and other similar financial products).
• Familiarity with FIS Investment Accounting Manager (Invest One) or any other portfolio accounting systems.
• Strong analytical skills, critical thinking, problem solving, and able to recommend long term solutions.
• Excellence in risk management and meticulous attention to detail with a sense of urgency / deliver tight deadlines.
• Ability to work independently, multitask and adapt in a fast paced environment to deliver results.
• Excellent communication (both written & spoken).
• Experience working across multiple business areas and/or functions to deliver results.
• Advanced skills in Microsoft Excel, Word, PowerPoint, and ability to present to senior management.

Responsibilities

• Effectively execute and manage the daily processes and activities.
• Partner with portfolio managers and Operation teams to ensure internal accounting reflects accurate positions, cash, realized gains/loss, and NAV for client accounts.
• Investigate differences in accounting and tax lots with custodians / sponsors and manage exceptions.
• Work closely with functional teams to resolve issues impacting tax lots, positions, cash, gains/loss, and client reporting.
• Analyze new accounting platform solutions to assess capabilities and system functionality.
• Identify efficiencies and areas for improvement within operations to mitigate risk and drive scale.
• Create, maintain and review accounting standards to meet business needs.
• Develop thorough knowledge of accounting across division.
• Oversee custodians and fund administrators to maximize value delivery.
• Develop knowledge of industry trends and competitive landscape to facilitate business.
• Mentor junior team members and build subject matter expertise in derivatives, NAV, and reconciliation frameworks.
• Lead training initiatives on product lifecycle, accounting treatment, and reconciliation methodologies.

Skills

Analytical skills

Communication skills

Problem solving

Multitasking

Education

Bachelor's degree

Tools

Invest One (FIS)

Job description

Goldman Sachs Asset Management seeks a Portfolio Control Reconciliations professional within Investing Operations to ensure accurate positions, cash, and NAV across client accounts, covering equities, fixed income, and derivatives. The role involves active collaboration with portfolio managers and operations teams to maintain flawless records and reporting.

You will investigate differences, mentor junior staff, and drive process improvements while leveraging advanced Excel and portfolio