Global Banking & Markets Operations-New York-Associate-Settlements

Goldman Sachs; New York (NY); On-site; USD 80,000 - 140,000; Full time

Job summary

Goldman Sachs is seeking a detail‑oriented Associate for Securities Settlements Operations in New York. You will build strong relationships with traders, clients, and internal teams, ensuring timely settlement and strong control practices.

The role offers exposure to a wide range of settlements processes and interaction with global teams as part of a dynamic, high‑risk environment. You will contribute to reducing risk, optimizing workflows, and improving client experience by acting as a change

Qualifications

• Exceptional client service and relationship building are required.
• Control focus and achievement orientation to mitigate risk.
• Relevant industry work experience preferred, but not required.
• Basic knowledge of equities and fixed income markets.

Responsibilities

• Develop and maintain strong relationships with stakeholders—Business, Engineering, Operations and Treasury.
• Engage, partner and drive changes; provide excellent service and support.
• Ensure transactions are delivered in a timely manner in line with SLAs.
• Monitor Key Risk Indicators and keep them at or below agreed levels.
• Proactively manage operational risk and identify/mitigate issues.
• Maintain adequate operational controls and complete daily checklists for assigned functions.

Skills

Relationship management

Client service

Communication skills

Teamwork

Risk awareness

Attention to detail

Experience in financial markets

Job description

Global Banking & Markets Operations-New York-Associate-Settlements

New York, NY, United States

Job Description

At Goldman Sachs, we connect people, capital and ideas to help solve problems for our clients. We are a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. For us, it’s all about bringing together people who are curious, collaborative and have the drive to make things possible for our clients and communities.

BUSINESS UNIT OVERVIEW

Securities Settlements Operations provides operational support for multiple businesses including (but not limited to) Trading, Sales, Investment Banking, Private Wealth, etc. covering functions including Inventory & Liquidity Management, Settlements, Exception management and Reporting, and Strategic Projects. We support our international client base across global markets.

Traders & Clients execute Buy & Sell transactions in all major markets, with increasing presence within emerging markets. Upon Settlement Date, trades need to be matched and inventory made available to ensure successful exchange of securities and cash.

Securities Settlements Operations globally is located in London, Dallas, Salt Lake City, Singapore and Bangaluru. The department’s key priorities are to mitigate risk, provide exceptional client service and drive strategic change.

RESPONSIBILITIES

The position available is within the Securities Settlements Operations team. Key stakeholders and interactions will be with GS Trading and Sales Desks, Engineering and Operations Teams, Treasury, Legal, Compliance and external counterparties.

Your responsibilities will include:

Developing and maintaining strong relationships with all stakeholders – Business, Engineering, Operations and Treasury. Actively engage, partner and drive changes, provide excellent service and support.

Ensuring transactions are delivered in a timely manner (in line with SLAs).

Monitoring Key Risk Indicators and ensuring they are at or below agreed levels

Proactively managing operational risk inherent in business.

Ensuring all operational risk/issues are identified and mitigated appropriately and proactively.

Ensuring adequate operational controls to manage non generic business.

Completing and overseeing daily checklist ensuring all controls, procedures and processes relating to the assigned functions are followed

To act as a change agent solving problems at root cause whilst also taking / making opportunities to automate flows

Consistently striving to identify opportunities to reduce risk, manual processing, improving client experience and being commercially effective

Securities Settlements Operations has the benefit of being located in the nucleus of an investment bank so the exposure and interaction that the successful candidate will gain will be vast. The successful hire will interface with global teams across divisions. The successful candidate will be expected to act as a change agent, by improving processes and procedures and contribute meaningfully to the overall strategy of the organization.

In depth on the job training will be provided, backed up with on-going support and oversight as the candidate will be responsible for an important function within the team. The role is ideal for a candidate who wants experience of a variety of Securities Settlements functions.

SKILLS / EXPERIENCE

We are looking for an enthusiastic and committed individual who is looking to operate in a dynamic working environment where communication and teamwork skills are essential.

Exceptional client service and relationship building are required to interact with our clients and the team.

The candidate should have a control focus and be achievement orientated to produce results to ensure that all risk is mitigated.

Relevant Industry work experience preferred, but not required

Basic knowledge of equities and fixed income markets

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.

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.

Salary Range

The expected base salary for this New York, NY, United States-based position is $80000-$140000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.

Benefits

Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here .

Healthcare & Medical Services

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

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

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 provide 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).

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.

Learn More