Operations - Treasury Services - Associate - Jersey City

Goldman Sachs - Jersey City, NJ4.0

Full-timeEstimated: $110,000 - $150,000 a year

Operations is a dynamic, multi-faceted division that partners with all parts of the firm to provide banking, securities, and asset management services to clients around the world. In addition, Operations provides essential risk management and controls to preserve and enhance the firm's assets and its reputation. For every new product launched and every trade executed, it is Operations that develops and manages the processes and controls that enable business flow.


What We Do

At Goldman Sachs, our Operations professionals don’t just manage processes – we make things possible. Within a dynamic, multi-faceted division we partner with all parts of the firm to provide banking, securities, and asset management services to clients around the world. For every new product launched and every trade executed it is Operations that develops, manages and continually improves data, processes and controls.

Who We Look For

Goldman Sachs Operations professionals are innovators and problem-solvers. We look for creative collaborators who evolve, adapt to change and thrive in a fast-paced global environment. Our project management specialists drive change to ensure the highest customer satisfaction while delivering within budget and on time.

These roles offer high profile opportunities to drive strategic data and process based solutions which impact various businesses and entities within the firm. Successful candidates will have the chance to continue to build their data analytic skillsets as well as broaden their product, market and regulatory knowledge.


Treasury Services is a sub division of the Operations Division. As a global, multi-faceted and cross-product sub division, our primary objectives are to: lead the development of new payments-centric businesses, while building scale and improving agility to adapt to a rapidly changing payment landscape; act as a first line of defense for control and governance to protect the firm’s financial assets; and incorporate differentiated client service to be best in class. Treasury Services is a growing subdivision globally, with regional presence in Singapore, Bengaluru, London, New Jersey, New York and Salt Lake City with all our offices working closely together as a global team.

The sub division has a rare opportunity to support products and businesses ranging across existing and new business lines, multiple payment types, and multiple client types, including franchise/institutional, consumer and corporate cash management sectors. We manage a wide range of complex processes, with members developing skills and competencies around cash management (payment controls, bank account management, settlements and reconciliations, claims), change management, regulatory requirements, and industry trends.


This role will reside in Treasury Services within Operations, focused on corporate cash management services. This group is responsible for the build out of our corporate cash management offering, comprised of account, payment and liquidity services.

Hone your strong negotiation and relationship skills as you bring Operations, Engineering and Business project sponsors and stakeholders to the table to build complex solutions while balancing competing priorities
Showcase your ability to be both practical and aspirational by scoping, defining and planning realistic but aggressive delivery expectations in conjunction with project stakeholders
Demonstrate your business acumen through expert requirements gathering sessions where you elicit actionable functional specifications that can build real life systems
Show that you have the ability to see the forest for the trees; understand strategic plans, business, process and architecture while you influence design and develop solutions
Demonstrate your precision and attention to detail during user acceptance testing and implementation, including building proactive risk mitigation practices into established guideline


Responsible for driving and facilitating definition and delivery of cash management product. Working closely with engineering to define requirements and managing delivery to milestones
Experience within the Payments and Liquidity Operations areas either as a subject-matter expert, product manager, business analyst or project manager with a sound functional background
Monitoring work stream performance and analyzing risks and barriers to progress
Developing a full understanding of relevant product and market knowledge
Working to demanding timescales in a fast paces team working environment
Developing reporting and monitoring metrics, identifying issues and making recommendations to resolve
Partner with Engineering and other corporate cash management teams and Business stakeholders to track and deliver joint goals
Basic Qualifications

Bachelor’s degree
Banking experience preferably in payments, cash management and /or liquidity related functions in a product development or change management capacity
Experience of working with senior stakeholders
Excellent communication and presentation skills
Strong analytical, problem-solving, project management and program management skills
Strong stakeholder management
Ability to interact and influence at all levels and across functions within an organization
Ability to develop excellent relationships at all levels within an organization
Ability to balance strategic focus with tactical implementation/execution
Ability to effectively manage multiple projects at the same time
Strong sense of detail and urgency, with the ability to motivate others to deliver
Proficient use of Microsoft Office Suite to include Word, Excel, Outlook, and PowerPoint
Experience in process design, BPM, LEAN/Six Sigma and/or other continuous improvement methodologies
Experience in both waterfall and Agile project delivery methodology strongly preferred
The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

© The Goldman Sachs Group, Inc., 2019. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.