The Goldman Sachs Group, Inc

Transaction Banking, Business Manager, Vice President

The Goldman Sachs Group, Inc$125K — $250K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in business management or COO-type roles within financial services.
  • Strong financial acumen with expertise in pipeline analysis and budgeting.
  • Proven track record as a trusted advisor for senior executives.
  • Experience in risk controls and governance frameworks.
  • Excellent stakeholder management skills across complex organizations.
  • Strong analytical skills for leading strategic analyses.
  • Familiarity with CRM platforms and business intelligence tools.

Responsibilities

  • Coordinate budgeting and forecasting to align with strategic priorities.
  • Monitor performance through revenue analysis in partnership with Finance.
  • Facilitate product commercialization by connecting Coverage insights with product development.
  • Lead strategic analyses for growth initiatives and market penetration.
  • Serve as a trusted advisor to Coverage leadership and handle executive communication.
  • Own the Business Standards Committee process and ensure client care standards.
  • Develop business plans, measuring impact against KPIs.

Benefits

  • High-visibility role with direct exposure to senior leadership.
  • Opportunity to influence strategy across a key growth area of the firm.
  • Collaborative work environment with cross-divisional collaboration.
Full Job Description
Job Description

Transaction Banking

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

We have delivered a modern, digital-first transaction banking platform to serve GS' 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-up designed 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 delivering a best-in-class digital solution that helps clients manage their liquidity movements, foreign exchange and payments enabling international treasury operations and commerce.

We're a team of diverse Treasury and Payments specialists helping our clients solution and build for the future.

Position Overview

The TxB Coverage Business Management role serves as a key commercial partner and trusted advisor to Coverage leadership and the COO, ensuring seamless execution of TxB's strategy, robust financial planning alignment, and deep integration with the broader firm. The role sits at the intersection of strategy, operations, governance, and technology - driving the Coverage franchise forward across five critical pillars.

Key Responsibilities

1. Strategic Execution & Analytics

- Coordinate budgeting and forecasting aligned with the firmwide BPC cycle to ensure resource allocation matches strategic priorities

- Monitor Coverage team performance against goals through pipeline and revenue analysis in partnership with Finance

- Serve as the central connectivity point to the Product organization, facilitating TxB product commercialization by channeling Coverage insights into product development (Product retains delivery ownership)

- Lead high-impact strategic analyses for growth campaigns

- Conduct deep-dive analyses on target market penetration, wallet share optimization, and competitive positioning

- Partner across Investment Banking, Corporate Derivatives, and Asset & Wealth Management to deliver a coordinated "One Goldman Sachs" client experience

2. Executive Operations

- Serve as a trusted advisor and proxy for the co-heads of Coverage; prioritize key initiatives, prepare executive briefs, and manage leadership meeting cadence

- Lead joint operational and strategic initiatives with the Product Business Manager to ensure Coverage-Product alignment

- Coordinate town halls, off-sites, and strategic communications for the Coverage organization

3. Governance & Risk

- Own and lead the Business Standards Committee (BSC) process, ensuring high standards of client care and reputational risk management

- Oversee governance, quality control, and approval of marketing materials, client presentations, and RFP responses

- Own first-line implementation of operational risk controls, audit remediations, and policy updates (regulatory identification owned by Risk and Legal)

- Maintain and own Business Continuity Planning (BCP) and disaster recovery protocols for Coverage

4. Technology & Enablement

- Partner with salespeople, product managers, and strats to develop dynamic, intuitive desktop tools and dashboards for senior leaders

- Provide commercial input into Salesforce CRM design; drive process improvements to accelerate time-to-revenue across client engagements

- Partner with Onboarding, Implementation, and Service teams to streamline the client journey from sales to active usage, minimizing operational bottlenecks

5. Operations & Talent

- Manage the development and implementation of Coverage business plans, including measurement of impact and success against defined KPIs

- Oversee headcount planning and onboarding coordination for the Coverage team to ensure the franchise is resourced for success

Basic Qualifications

- Significant experience in business management, strategy, chief of staff, or COO-type roles within financial services

- Strong financial acumen with expertise in pipeline analysis, revenue tracking, budgeting, and forecasting cycles

- Demonstrated ability to operate as a trusted advisor and proxy for senior executives

- Experience with first-line risk controls, audit remediation, and governance frameworks (e.g., BSC processes)

- Excellent cross-divisional stakeholder management skills with a track record of driving alignment across large, complex organizations

- Strong analytical capabilities with the ability to lead high-impact strategic deep dives and translate findings into actionable recommendations

Preferred Qualifications

- Familiarity with Transaction Banking products and the Coverage sales model

- Experience with CRM platforms (Salesforce) and business intelligence/dashboard tooling

- Background in client lifecycle management, including onboarding and implementation coordination

- Prior experience coordinating executive communications, off-sites, and Operating Committee-level meetings

- Demonstrated ability to leverage AI tools and data-driven insights to optimize business management workflows, automate routine reporting, and drive operational efficiencies across the division.

What We Offer

- A high-visibility role with direct exposure to Coverage and TxB senior leadership

- The opportunity to shape strategy and execution across one of the firm's key growth franchises

- A collaborative, intellectually rigorous environment with cross-divisional reach across Investment Banking, AWM, and Corporate Derivatives

Salary Range
The expected base salary for this New York, NY, United States-based position is $125000-$250000. 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.

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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