Asset & Wealth Management - Cohoes - Associate, POT Client Services - Operations - 3651225

Goldman Sachs • New York, NY

7h • Onsite

About The Position

The Associate, POT Client Services - Operations role at Goldman Sachs Wealth Services, L.P. in Cohoes, New York, involves conducting daily reconciliations of investment and cash balances, resolving discrepancies with partner teams, and producing various reports on team health, financial statements, budgets, and transactions. The position also requires coordinating with internal and external parties for fraudulent activity remediation, processing invoices from third-party vendors, and acting as a subject matter expert to document requirements for engineering to implement operational efficiencies. A key aspect of the role is to train new joiners, contingents, and interns to ensure high-quality performance and adherence to firm procedures and risk controls.

Requirements

• Bachelor’s degree (U.S. or foreign equivalent) in Accounting, Finance, Mathematics, Marketing & Operation Management or related field.
• Two (2) years of experience in the job offered or in a related role.
• Prior experience must include two (2) years in the following: utilizing Microsoft Office products to assist in daily functions, including: Excel for data analysis on large datasets for accurate reporting PowerPoint to create presentations supplements for management Visual Basic for Applications (VBA) to automate and enhance processes Coaching and upskilling peers to ensure team adherence to firm standards.
• Project Management experience, including: applying waterfall and agile best practices Utilizing JIRA and Confluence for project tracking and documentation Applying BPM tools, including Microsoft Visio or Signavio, to visualize operational processes.
• Evaluating team processes for operational inefficiencies and points of risk and assisting in the design and implementation of new processes.
• Testing Low-Code and Engineering solutions prior to production release by creating robust testing scripts.
• Applying financial knowledge to analyze a high volume of client-initiated transactions to ensure the integrity of firm records.

Responsibilities

• Conduct daily reconciliations for firm books and records on investment and cash balances.
• Liaise with partner teams to resolve any daily reconciliation differences and take corrective action as necessary.
• Produce reports on a wide range of topics including team health, financial statements, budgets and transactions.
• Coordinate with internal stakeholders and external custodians on the remediation of fraudulent activity.
• Receive, review and process invoices from 3rd party vendors from Accounts Payable.
• Serve as a subject matter expert in documenting requirements for Engineering to implement identified operational efficiencies and efficiently communicate the project updates to all the internal stakeholders.
• Assure high-quality performance among new joiners, contingents and interns by training them in line with procedures and risk controls.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level