Transaction Banking, Leadership and Strategy, Associate

Goldman Sachs•New York, NY

83d

About The Position

This role is within the Transaction Banking (TxB) Leadership and Strategy team, focusing on critical strategic questions such as product expansion, commercial growth, market entry, and competitive positioning. The Associate will work with high performers to identify and size market opportunities, assess emerging payment and treasury trends, and develop actionable recommendations to drive business success and maintain competitive advantage. The TxB division aims to build a modern, digital-first transaction banking solution, combining the strength of a large firm with the agility of a tech start-up, to provide clients with a holistic, real-time view of their business through modern, cloud-native technology and robust APIs.

Requirements

Bachelor’s degree with a strong academic record.
3–7 years of experience at a top-tier strategy consulting firm or in an investment banking role.
Strong understanding of the Transaction Banking landscape, including Liquidity, Deposits, Commercial Payments (e.g., ACH, Wire, RTP, SWIFT), and Digital/API-led Products.
Solid understanding of the current Transaction Banking landscape, emerging payment technologies, and digital treasury trends.
Proven ability to develop, foster, and manage deep relationships with both internal cross-functional partners and external stakeholders in a matrixed environment.
Extremely strong written and verbal communication skills.
Highly proficient in Excel and PowerPoint, with the ability to synthesize complex financial and technical concepts into concise, executive-level narratives.
Confidence and maturity to interact effectively, present recommendations, and build credibility with senior leaders and business executives.
Self-starter with a strong attention to detail.
Excellent organizational skills to manage shifting priorities.
Highly collaborative team-player mindset.

Responsibilities

Develop, refine, and execute TxB’s growth strategy, translating complex business objectives into clear presentations for internal committees and external partners.
Conduct deep-dive research on the Transaction Banking and Payments landscapes to uncover key industry shifts, evaluate competitor positioning, and identify potential strategic partnerships or product enhancements.
Facilitate strategic alignment by working across product managers, engineering teams, sales coverage, and control functions (Risk, Compliance, Legal) to drive key business initiatives.
Define, track, and analyze key performance indicators (KPIs) to monitor business growth, product adoption, and financial performance, providing data-driven insights to senior executives.