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

Goldman Sachs•Salt Lake City, UT

About The Position

The Associate will join Goldman Sachs’ Global Banking & Markets Fees & Commissions team in Salt Lake City. The team manages income, fees, and interest charges for client and house businesses, supporting millions of trades each day. It maintains rates, validates charges, performs reconciliations and adjustments, processes payments and cost allocations, supports system development and regulatory updates, and provides business-query support. The team uses data analytics and tools such as Alteryx, Tableau, and SQL to inform decisions and recommendations. The role combines operational oversight, risk management, client service, process improvement, and project execution. The Associate will work with exchanges, finance and technology teams, internal and external business partners, and stakeholders across regions to maintain accurate charges, improve workflows, identify control weaknesses, and deliver business and regulatory changes. The position also involves analyzing complex data, communicating actionable insights to senior stakeholders, and translating business requirements for technical and non-technical audiences.

Requirements

Bachelor’s degree.
3–6+ years of experience in banking, accounting, financial services, or related fields.
Self-motivated, proactive team player who takes ownership and demonstrates accountability.
Strong organizational skills and ability to manage competing priorities effectively.
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 good judgment.
Excellent client-service skills and ability to communicate complex issues to people with varying levels of product expertise.
Competency with Microsoft Office Suite, 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 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 collecting, interpreting, and condensing complex data and presenting actionable insights to senior stakeholders.
Experience managing mid- to long-term projects (6 months to 3+ years), including documentation, evaluation, and review.
Adaptability to changing business needs and ability to learn quickly while taking on significant responsibility.

Responsibilities

Develop a deeper understanding of the function and become a technical expert to improve processes and functions.
Collaborate with technology and business partners and external contacts to improve strategic process workflows.
Provide timely support for client and business queries.
Support team development and promote best practices.
Identify control weaknesses and recommend robust solutions.
Monitor Futures and listed-derivative fee, commission, and interest-related functions for clients 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 and billing lifecycle functions, including validations, configurations, adjustments, reconciliations, invoices, and payments.
Align team expectations and oversee gaps across the trade and billing lifecycle.
Enhance firm processes and address control weaknesses in partnership with internal and external technology and business partners.
Build teamwork and collaboration across regions.
Assess client, business, and regulatory needs and identify required changes.
Plan and execute projects to increase profitability and comply with new guidance.
Develop readiness plans and change-management strategies for functionality upgrades arising from business, regulatory, or system changes.
Partner with Business Intelligence to develop processes that identify and mitigate risks using quantitative and qualitative data.
Define project scope and resources, set objectives and milestones, and measure outcomes and impact.
Identify project bottlenecks and propose feasible solutions.
Collect, interpret, and condense complex data and present actionable insights to senior stakeholders.
Translate project business requirements for technical and non-technical stakeholders.