The Goldman Sachs Group, Inc

Global Banking & Markets - New York - Senior Associate, Asset Servicing - 10190613

The Goldman Sachs Group, Inc$109K — $126K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Master's degree in Finance, Economics, Quantitative Finance, or related field and 1 year of related experience, or Bachelor's degree and 3 years of related experience.
  • Experience in preparing and presenting reports to senior management.
  • Proficient in using data visualization tools like Tableau.
  • Familiar with project management tools such as JIRA and Confluence.
  • Ability to prioritize multiple projects under competing deadlines.

Responsibilities

  • Conduct quality reviews of client elections for corporate actions.
  • Coordinate with custodians, brokers, and agents to resolve issues efficiently.
  • Approve and oversee daily ad-hoc conversions and warrant subscriptions.
  • Manage DWAC execution and controls to ensure timely settlement.
  • Own and resolve breaks/balances for accurate settlement.
  • Oversee readiness for upcoming events ensuring accurate allocations and client outcomes.
  • Collaborate with engineering and product teams on system enhancements for operational improvements.

Benefits

  • Comprehensive health insurance coverage.
  • Retirement savings plan with company matching.
  • Generous paid time off and holidays.
  • Opportunities for professional development and ongoing education.
  • Access to wellness programs and resources.
Full Job Description
Job Description

Job Duties: Senior Associate, Asset Servicing with Goldman Sachs & Co. LLC in New York, New York. Quality review of client elections for voluntary corporate actions. Coordinating with custodians, brokers, and agents to resolve event/election issues and instruct elections efficiently. Approve and oversee daily ad-hoc conversions and warrant subscriptions, validating event terms, entitlements, pricing/ratio accuracy, and DTC processing controls. Manage DWAC execution and controls with agents to ensure accurate security movement, funding alignment, and on-time settlement within DTC deadlines. Own breaks/balances management and resolution to ensure clean settlement. Oversee inventory readiness for upcoming events to ensure accurate allocations, election eligibility, and seamless client outcomes. Draft and monitor a weekly worst-case loss view for upcoming events, identify key exposure drivers and resourcing gaps. Partner with Engineering and product stakeholders on system enhancements (workflow automation, validations, exception reporting), translate operational pain points into requirements, and support testing and rollout to improve controls and efficiency.

Job Requirements: Master's degree (U.S. or foreign equivalent) in Finance, Economics, Quantitative & Computational Finance, or related field and one (1) year of experience in the job offered or in a related role OR Bachelor's degree (U.S. or foreign equivalent) in Finance, Economics, Quantitative & Computational Finance, or related field and three (3) years of experience in the job offered or in a related role. Prior experience must include one (1) year of experience (with a Master's degree) OR three (3) years of experience (with a Bachelor's degree) with: communicating with business stakeholders and team members; preparing and presenting reports to senior management; working on and prioritizing multiple projects with competing deadlines; data visualization tools including Tableau; and project management tools including JIRA and Confluence.

Salary Range: Annual base salary for this New York, New York - based position is $109,000 - $126,000.

About The Goldman Sachs Group, Inc

The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services, as well as financial services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. Its Investment Banking segment offers financial advisory services, including advisory assignments concerning mergers and acquisitions, divestitures, corporate defense, risk management, and restructurings and spin-offs; and underwriting services comprising public offerings and private placements of a range of securities, loans, and other financial instruments, and derivative transactions. The company’s Institutional Client Services segment provides client execution services, such as fixed income, currency, and commodities client execution related to making markets in interest rate products, credit products, mortgages, currencies, and commodities; and equities related to making markets in equity products, as well as executes and clears institutional client transactions on stock, options, and futures exchanges. This segment also engages in the securities services business providing financing, securities lending, and other brokerage services to institutional clients, including hedge funds, mutual funds, pension funds, and foundations. Its Investing and Lending segment originates longer-term loans; and invests in debt securities, loans, public and private equity securities, real estate, consolidated investment entities, distressed assets, currencies, commodities, and power generation facilities. The company’s investment management segment provides investment products and services, as well as offers wealth advisory services, including portfolio management and financial counseling, and brokerage and other transaction services.

The Goldman Sachs Group, Inc. Careers

Join the prestigious team at The Goldman Sachs Group, Inc., a global leader in finance and investments, and propel your career to new heights. Our firm is renowned for its commitment to excellence, innovation, and leadership in the financial sector.

Work You’ll Do

At Goldman Sachs, you will be part of a dynamic environment that fosters growth, diversity, and professional development. Engage in transformative projects that redefine the landscape of global finance, driven by a culture of high performance and continuous improvement.

Lead with Innovation and Leadership

Step into a role where your skills will be honed and your leadership capabilities enhanced. The Goldman Sachs Group, Inc. is at the forefront of merging financial expertise with technological innovation, creating a platform for you to lead impactful initiatives.

Join Our Diverse and Inclusive Team

Diversity and inclusion are at the core of our company culture. With employees from various backgrounds, Goldman Sachs thrives on the rich ideas and perspectives that this diversity brings. Here, every team member’s contribution is valued, and every voice is heard.

Explore Job Opportunities and Internships

Whether you’re seeking full-time employment or looking into internship opportunities, Goldman Sachs offers a range of positions that cater to different skills, experiences, and career aspirations. From analyst to executive positions, discover how you can contribute to our legacy of success.

Networking and Professional Growth

Goldman Sachs is not just a workplace. It is a community where you can build lasting relationships with colleagues and industry leaders. Our networking events, mentorship programs, and professional groups foster connections that can accelerate your career trajectory.

Benefits and Career Development

Invest in your future with Goldman Sachs’ unparalleled employee benefits and career development programs. From comprehensive health benefits to personalized career coaching and leadership training, we ensure that our team is equipped for success, both professionally and personally.

Prepare for Your Future

Ready to take the next step? Prepare your resume, sharpen your interview skills, and explore the vast array of job opportunities at The Goldman Sachs Group, Inc. Our hiring process is designed to identify and nurture talent, helping you to achieve your career goals.

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Join The Goldman Sachs Group, Inc.

Embark on a rewarding journey with The Goldman Sachs Group, Inc. where your potential is limitless. Explore positions, read about our company culture, and apply today to become part of a team that values growth, leadership, and innovation.

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At The Goldman Sachs Group, Inc., your career is just the beginning – it’s an opportunity to excel and lead in the global financial industry. Join us and make your mark!
Learn more about The Goldman Sachs Group, Inc
Size
45,100 employees
Market Cap
$115.8 billion
Industry
Net Income
$9.4 billion
Founded
1869
5 Year Trend
+11.3%
Revenue
$53.4 billion
NASDAQ

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