Global Banking & Markets Operations-Salt Lake City-Associate-Fees & Commissions

Goldman Sachs•Salt Lake, UT

About The Position

The Associate will work within Goldman Sachs’ Fees & Commissions team in Global Banking & Markets Operations. The team manages income, fees, and interest charges for client and house businesses, supporting the accurate handling of charges across millions of trades each day. Its work includes rate maintenance, charge validation, reconciliations, adjustments, payments, cost allocations, system development, regulatory updates, strategic projects, and business-query support. The role focuses on monitoring Futures and listed-derivative fees, commissions, and interest functions; maintaining accurate rates across firm systems; and ensuring accurate collection and payment. The Associate will oversee trade and billing lifecycle functions, including validations, configurations, adjustments, reconciliations, invoices, and payments. They will also identify process and control weaknesses, develop and execute improvements, support clients and business partners, and collaborate with internal and external technology and business teams. The Associate will assess client, business, and regulatory needs; plan and execute projects; prepare teams for functionality upgrades; and help develop data capabilities to identify and mitigate risk. Project work may include defining scope and resources, setting milestones, measuring outcomes, identifying bottlenecks, translating requirements for technical and non-technical stakeholders, and presenting actionable insights from complex data to senior stakeholders. The role uses data analytics and tools such as Alteryx, Tableau, and SQL.

Requirements

Bachelor’s degree.
3–6+ years of experience in banking, accounting, financial services, or a related field.
Self-motivated and proactive, with ownership, accountability, and strong organizational skills.
Ability to manage competing priorities.
High attention to detail and a proactive, enthusiastic approach.
Collaborative, flexible, and team-focused, with the ability to work effectively with a wide range of stakeholders.
Effective problem-solving and critical-thinking skills, with discretion and sound judgment.
Strong client-service and communication skills, including the ability to explain complex issues to people with varying levels of product expertise.
Competency with Microsoft Office, especially Excel, and ability to learn multiple programs quickly.
Knowledge of data ingestion, transformation and harmonization, processing, provision, modeling, and access.
Financial and risk-management experience, including compliance, security, and operational risks.
Experience successfully executing complex projects end to end, including roadmap execution, budgeting, and resource allocation.
Ability to identify process-flow bottlenecks, manage escalations, anticipate tradeoffs, and balance business needs within existing constraints.
Experience managing mid- to long-term projects, including project documentation, evaluation, and review.
Adaptability to changing business needs and ability to learn quickly while taking on significant responsibility.

Responsibilities

Monitor Futures and listed-derivative fee, commission, and interest-related functions for client and house businesses.
Maintain accurate commission, interest, and fee rates for clients across firm systems.
Ensure accurate collection and payment for trades.
Monitor and approve trade-lifecycle functions, including validations, configurations, adjustments, reconciliations, invoices, and payments.
Support client and business queries in a timely manner.
Improve processes and workflows in collaboration with technology teams, business partners, and external contacts.
Identify control weaknesses and recommend robust solutions.
Coordinate team expectations and address gaps across the trade and billing lifecycle.
Assess client, business, and regulatory needs and identify necessary changes.
Plan and execute projects to improve profitability and comply with new guidance.
Develop readiness plans and change-management strategies for business, regulatory, or system upgrades.
Partner with Business Intelligence to develop processes that identify and mitigate risk using quantitative and qualitative data.
Define project scope and resources, set objectives and milestones, measure outcomes, and address bottlenecks.
Collect, interpret, and distill complex data into actionable insights for senior stakeholders.
Translate project business requirements for technical and non-technical stakeholders.
Build teamwork and collaboration across regions and help ensure team practices follow best practices.