The Goldman Sachs Group, Inc

Transaction Banking, Senior Escrow Product Manager, Vice President

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

Qualifications

  • Bachelor's degree in Finance, Economics, Business, or related field; JD, MBA or equivalent preferred.
  • 7+ years in Transaction Banking, Corporate Trust, Escrow Services or related legal/structuring role.
  • Deep understanding of capital market transactions, escrow structures, and legal mechanics.
  • Proven track record contributing to product P&L and understanding balance sheet drivers.
  • Exceptional stakeholder management and collaboration skills.
  • Strong communication skills to convey complex legal concepts clearly.

Responsibilities

  • Partner with Coverage and legal teams to structure complex escrow arrangements.
  • Collaborate with internal teams to draft and negotiate customized Escrow Agreements.
  • Act as a product SME for Coverage teams in client pitches and RFPs.
  • Assist in developing the strategic roadmap for the Escrow product suite.
  • Work with Operations to standardize documentation and streamline onboarding.
  • Ensure compliance with regulatory requirements for all escrow transactions.
  • Implement risk management practices and maintain fiduciary governance.

Benefits

  • Comprehensive health and wellness offerings.
  • Career development resources and training programs.
  • Employee assistance program and mental health resources.
  • Competitive retirement savings plan with company matching.
  • Flexible work environment to support work-life balance.
Full Job Description
Job Description

Transaction Banking



Position Overview

We are seeking a highly analytical, commercially driven, and legally astute Vice President (VP), Escrow Product Management to assist in leading the growth, structuring, and financial performance of our Escrow and DACA product suite globally. Reporting directly to the Head of Escrow, you will contribute towards the product's P&L, driving both fee-based revenue and deposit balance growth and ensuring that product meets all deal execution timelines.

In this role, you will sit at the intersection of product management, deal structuring, and client coverage. You will partner closely with Relationship Managers (Coverage), Operations, and Legal Counsel to structure, negotiate, and execute complex, bespoke escrow transactions for corporate clients, private equity firms, and financial institutions. The ideal candidate possesses a deep understanding of transaction banking, corporate trust, or escrow services, combined with the technical expertise to navigate complex legal agreements.

Key Responsibilities

1. Deal Structuring & Coverage Partnership
  • Bespoke Deal Structuring: Partner closely with Coverage, Investment Banking, Internal and external legal counsel to structure complex escrow arrangements, including M&A transactions, private placements, litigation settlements, project finance, and regulatory escrows.
  • Legal & Documentation Alignment: Collaborate with internal Legal and Operations teams to draft, review, and negotiate customized Escrow Agreements, ensuring they meet client needs while protecting the bank's risk profile.
  • Sales Enablement: Act as a product Subject Matter Expert (SME) for Coverage teams, providing technical guidance, structuring advice, and participating in high-value client pitches and RFP responses.

2. Product Strategy & Lifecycle Management
  • Product Roadmap: Assist with the strategic roadmap for the Escrow product suite, identifying opportunities to digitize and scale the offering.
  • Operational Efficiency: Work with Operations stakeholders to assist in the standardization of documentation templates, streamline onboarding workflows, and automate manual transaction controls to reduce time-to-market for new deals.

3. Risk, Governance & Compliance
  • Regulatory Compliance: Ensure all escrow and DACA transactions comply with relevant federal, state, and international regulations.
  • Risk Mitigation: Implement robust risk management practices, ensuring proper operational controls, transaction monitoring, and strict adherence to Know Your Customer (KYC) and Anti-Money Laundering (AML) guidelines.
  • Fiduciary Governance: Maintain a strong control environment, ensuring all escrow accounts are managed in strict accordance with governing escrow instructions.
  • Escrow and DACA payment lifecycle: Ensure all escrow and DACA payments are correctly documented and actioned by appropriate.
  • Risk Mitigation: Ensure manual payment controls are met and evolve with business.
  • Client communication: Act as primary contact for both clients and internal teams ensuring timely receipt of information as well payment processing.

4. Operational Oversight

Qualifications & Experience
  • Education: Bachelor's degree in Finance, Economics, Business, or a related field; a Juris Doctor (JD), MBA, or equivalent advanced degree is highly preferred.
  • Experience: 7+ years of experience in Transaction Banking, Corporate Trust, Escrow Services, or a specialized legal/structuring role.
  • Technical Expertise: Deep understanding of Capital market transactions that give rise to escrow and DACA structures, transaction flows, and the legal mechanics of Escrow and DACA Agreements, SPAs (Share Purchase Agreements).
  • Financial Acumen: Proven track record of contributing to a product P&L, with a strong grasp of balance sheet drivers, fee structures, and pricing strategies.
  • Collaboration & Influence: Exceptional stakeholder management skills, with a demonstrated ability to build consensus across Coverage, Legal, Risk, Operations, and Technology.
  • Communication: Superb written and verbal communication skills, with the ability to translate complex legal and structural concepts into clear, commercial solutions for clients and internal stakeholders.

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.

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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.

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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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