Global Banking & Markets, Prime Client Services, Associate - New York

Goldman Sachs•New York, NY
•$150,000 - $225,000

About The Position

Prime Services delivers financing, clearing, and risk management solutions to hedge funds, institutional investors, and broker-dealers across equities, fixed income, derivatives, and OTC markets. Associates serve as primary points of contact for client CFOs, COOs, and accounting and operations professionals. They manage client relationships, deliver cross-asset solutions, and enhance the client experience, with direct exposure to front-office activity, hedge funds, and client relationship ownership. The role combines technical product exposure with client interaction and cross-functional execution, providing a foundation in prime brokerage and client coverage. Associates receive training across equities, fixed income, futures, and derivatives products and collaborate with senior stakeholders across trading, risk, and operations. The position offers an opportunity to develop client-facing skills and progress into senior coverage roles. The expected base salary for this New York, NY-based position is $150,000–$225,000. An active employee as of fiscal year-end may also be eligible for a discretionary bonus. Goldman Sachs describes its benefits and wellness offerings as generally available to active, non-temporary, full-time and part-time US employees working at least 20 hours per week; details are provided in the referenced benefits summary.

Requirements

  • Bachelor’s degree.
  • 1–3 years of relevant experience in financial services, operations, or capital markets.
  • Strong analytical and problem-solving skills.
  • Effective communication and interpersonal abilities.
  • Ability to manage multiple priorities under tight deadlines.
  • Series 7, 63, and SIE licenses are required within 90 days of hire.

Nice To Haves

  • Exposure to listed options, futures, or electronic trading.
  • Interest in financial markets and alternative asset managers.
  • Team-oriented, proactive, results-driven mindset.

Responsibilities

  • Support day-to-day management of hedge fund and institutional client relationships.
  • Respond to client inquiries and ensure timely resolution of issues.
  • Prepare materials for client meetings and assist with follow-ups.
  • Monitor client portfolios, including leverage, margin, and financing exposures.
  • Identify and escalate potential risks or discrepancies.
  • Support delivery of insights to improve client transparency and decision-making.
  • Develop working knowledge of securities financing, derivatives, and clearing solutions.
  • Assist in identifying opportunities to expand client engagement across products.
  • Support onboarding and adoption of internal reporting and trading platforms.
  • Partner with trading, legal, compliance, and operations teams to deliver client solutions.
  • Support onboarding and ensure smooth execution of new account setups.
  • Assist with time-sensitive requests in a fast-paced environment.

Benefits

  • Competitive benefits and wellness offerings are described as generally available to eligible active US employees.
  • Potential eligibility for a discretionary bonus for employees active at fiscal year-end.
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