Goldman Sachs & Co. CIMD Operations - PWM Ops ACATS – Analyst – Salt Lake City in Salt Lake City, Utah
MORE ABOUT THIS JOB
OPERATIONSOperations is a dynamic, multi-faceted division that partners with all parts of the firm to deliver banking, sales and trading and asset management capabilities to clients around the world. In addition, Operations provides essential risk management and control to preserve and enhance the firm’s assets and its reputation. For every trade agreed, every new product launched or market entered, every transaction completed, it is Operations that develops the processes and controls that makes business flow.
YOUR IMPACTOpportunity for an Analyst/Associate to join the Private Wealth Management (PWM) Operations ACATS (Automated Customer Account Transfer Service) team to support the effective transition of client accounts for the firm. You will help facilitate the movement of assets for Goldman Sachs clients while monitoring for risk and ensuring compliance to firm and regulatory policies. You will also have the opportunity to be innovative by improving processes, reducing risk and increasing efficiency.
OUR IMPACTThe ACATS team works with internal teams, counterparties and vendors to provide effective transaction processing and exceptional client service that both guards the firm’s capital and reputation while creating measurable value for the firm and its clients. The team receives and submits ACAT requests in accordance with firmwide and industry standards and ensures proper client approvals and documentation have been received in order to mitigate financial, reputational, and regulatory risk.
RESPONSIBILITIES AND QUALIFICATIONS
HOW YOU WILL FULFILL YOUR POTENTIAL
Perform position-level reconciliation of all accounts requested form counter parties/clients
Execute multiple ACATS functions (i.e., account transfer receives, delivers, residuals, mutual funds, foreign and domestic settlements)
Review ACAT documentation ensuring paperwork is in-line with industry standards
Maintain integrity of customer accounts
Enforce regulations and GS policy
Provide superior client service while mitigating risk
Find innovative ways to create efficiencies and improve controls
SKILLS & EXPERIENCE WE’RE LOOKING FOR
Attention to detail and strong organizational skills
Basic understanding of the financial industry
Strong analytical and problem solving skills
Strong self-management, presentation, communications, escalation and interpersonal skills
Ability to work on multiple tasks/priorities and thrive in a fast-paced deadline driven environment
Interacts well with all levels and in a team environment
Strong sense of ownership
Ability to innovate, improve processes, enhance controls and reduce risk
Bachelor’s degree required
1-2 years operations experience (familiarity with ACATS & settlement operations)
Compliance and/or regulatory experience
ABOUT GOLDMAN SACHS
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.
Schedule TypeFull Time
Business UnitPWM Ops Trade & Trx Mgmt