Transaction Banking, Leadership and Strategy, Associate

Goldman Sachs Bank AG; New York (NY); On-site; USD 100,000 - 160,000; Full time

Job summary

Goldman Sachs is seeking an Associate in Transaction Banking Leadership and Strategy in New York, NY. You will work with senior leaders to define growth strategy, size market opportunities, and develop actionable recommendations to strengthen competitive advantage.

In this multi-disciplinary role, you will collaborate across Product, Engineering, Sales, Finance, Risk and Operations, translating complex financial and technical concepts into concise, executive-level narratives.

Qualifications

• Bachelor’s degree with a strong academic record and 3–7 years of experience.
• Experience at a top-tier strategy consulting firm or in an investment banking role.
• Strong knowledge of Transaction Banking: liquidity, deposits, payments, and digital/API-led products.
• Excellent written and verbal communication; ability to present to executives.
• Leadership presence and stakeholder management in a matrixed environment.

Responsibilities

• Strategic Planning & Execution: develop and present growth strategy for TxB; translate objectives into executive-ready materials.
• Market & Competitor Intelligence: analyze market trends and competitive positioning to identify opportunities.
• Cross-Functional Collaboration: align across product, engineering, sales, risk, and operations.
• Performance Management: define and monitor KPIs to drive growth and product adoption.

Skills

Strategy consulting

Investment banking

Liquidity management

Payments knowledge

Stakeholder management

Excel & PowerPoint

Education

Bachelor’s degree

Tools

Excel

PowerPoint

Job description

Transaction Banking, Leadership and Strategy, Associate location_on New York, NY, United States

TRANSACTION BANKING

Our mission is simple: provide a global transaction banking platform that is nimble, secure, and easy for clients use.

Wehave delivereda modern,digital-first transaction bankingplatformto serveGS’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-updesigned 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 deliveringa best-in-class digitalsolutionthat helpsclients manage their liquidity movements, foreign exchange and payments enabling international treasury operations and commerce.

We’re a team of diverseTreasury andPayments specialistshelping our clientssolution andbuild for the future.

YOUR IMPACT

Are you a strategic thinker with a strong work ethic, a passion for financial technology, and the ability to solve complex business challenges? We are seeking an Associate to contribute to Transaction Banking’s (TxB) most critical strategic questions, including product expansion, commercial growth, market entry, and competitive positioning.

As part of the TxB Leadership and Strategy team, you will work alongside high performers to identify and size market opportunities, assess emerging payment and treasury trends, and develop actionable recommendations that drive our business’s future success and maintain our competitive advantage.

OUR IMPACT

Transaction Banking (TxB)

At Goldman Sachs, we aim to build a modern and digital-first transaction banking solution to serve our clients. 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. Our goal is to provide a best-in-class digital product that helps clients succeed by giving them a holistic, real-time view of their business. Through the use of modern, cloud-native technology and robust APIs, we are the alternative to legacy platforms. We are a team of diverse experts helping our clients build the future of their Treasury.

The TxB Leadership and Strategy team is responsible for driving the division's strategic roadmap, financial planning, stakeholder alignment, and executive communications. In this multi-faceted role, you will work across the organization, collaborating closely with Product, Engineering, Sales, Finance, Risk, and Operations to deliver a seamless, high-performance transaction banking experience.

HOW YOU WILL FULFILL YOUR POTENTIAL

• Strategic Planning & Execution:Work with senior leadership to develop, refine, and execute TxB’s growth strategy, translating complex business objectives into clear, concise presentations for internal committees (e.g., Board, Operating Group) and external partners.
• Market & Competitor Intelligence:Conduct deep-dive research on the Transaction Banking and Payments landscapes to uncover key industry shifts, evaluate competitor positioning, and identify potential strategic partnerships or product enhancements.
• Cross-Functional Collaboration:Facilitate strategic alignment working across product managers, engineering teams, sales coverage, and control functions (Risk, Compliance, Legal) to drive key business initiatives.
• Performance Management:Define, track, and analyze key performance indicators (KPIs) to monitor business growth, product adoption, and financial performance, providing data-driven insights to senior executives.
  

SKILLS & EXPERIENCE WE’RE LOOKING FOR

• Professional Experience:Bachelor’s degree with a strong academic record and 3–7 years of experience at a top-tier strategy consulting firm or in an investment banking role.
• Industry Knowledge:Strong understanding of the Transaction Banking landscape, including Liquidity, Deposits, Commercial Payments (e.g., ACH, Wire, RTP, SWIFT), and Digital/API-led Products.
• FinTech Acumen:Solid understanding of the current Transaction Banking landscape, emerging payment technologies, and digital treasury trends.
• Stakeholder Management:Proven ability to develop, foster and manage deep relationships with both internal cross-functional partners and external stakeholders in a matrixed environment.
• Communication & Presentation:Extremely strong written and verbal communication skills. Highly proficient in Excel and PowerPoint, with the ability to synthesize complex financial and technical concepts into concise, executive-level narratives.
• Leadership Presence:Confidence and maturity to interact effectively, present recommendations, and build credibility with senior leaders and business executives.
• Attributes:Self-starter with a strong attention to detail, excellent organizational skills to manage shifting priorities, and a highly collaborative team-player mindset.

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 $100000-$160000. 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 availableto active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here .

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.