Corporate Treasury Operations-Network Management–New York-Associate

Goldman Sachs Bank AG; New York (NY); On-site; USD 120,000 - 170,000; Full time

Job summary

Goldman Sachs is seeking an Associate in New York within Corporate Treasury Operations-Network Management. The role focuses on maintaining effective bank relationships, delivering commercial outcomes, and ensuring alignment with risk, regulatory, and operational frameworks.

The associate will work with senior relationship managers and cross-functional teams to optimize service delivery, manage risk, and support strategic bank initiatives across regions and products.

Qualifications

• Understanding of banking, custody, or treasury functions preferred.
• Familiarity with regulatory frameworks (e.g. KYC, client asset rules)
• Experience with external financial institutions or vendors advantageous.

Responsibilities

• Maintain relationships with external agent banks and internal stakeholders (Treasury, Legal, Operations, Risk, Business Units).
• Support senior engagement with banks, prepare materials, track actions.
• Escalate issues clearly to senior team members.
• Represent the firm in routine interactions with bank network stakeholders and at industry forums.
• Analyze bank fee structures, service levels, and activity to identify risks and optimization opportunities.

Skills

Analytical skills

Stakeholder management

Judgement and risk

Global/cross-functional

Job description

Corporate Treasury Operations-Network Management–New York-Associate location_on New York, NY, United States

The associate in Global Network Management 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 optimize service delivery, manage risk, and support strategic bank initiatives across regions and products.

Key Responsibilities

1. 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 at industry forums

2. Commercial & Analytical Execution

• Analyze bank fee structures, service levels, and account activity to identify risks and optimization 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

3. 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

4. Business & Strategic Support

• Support evaluation of new markets, products, and bank capabilities
• Contribute to strategic initiatives including RFPs, bank selection, and footprint optimization
• Assist in preparing materials for senior forums and relationship reviews
• Participate in industry working groups and market infrastructure discussions

5. 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
• Coordination 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

Behavioral Attributes

• Detail-oriented with strong ownership and accountability
• Able to prioritize and adapt in a dynamic environment
• Operates calmly under pressure and demonstrates professional maturity

Healthcare & Medical Insurance

• We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.
• We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.

Financial Wellness & Retirement

• We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.

Health Services

• We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-­art on‑site health centers in certain offices.

Fitness

• To encourage employees to live a healthy and active lifestyle, some of our offices feature on‑site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre‑approved amount).

Child Care & Family Care

• We offer on‑site child care centers that provide full‑time and emergency back‑up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.

Benefits at Goldman Sachs

Read more about the full suite of class‑leading benefits our firm has to offer.