Global Banking and Markets, Fees and Commissions, Associate

YOUR IMPACT Are you looking to for an opportunity to be part of a team that works directly with exchanges, finance teams, technology teams, and other business partners to solve complex problems and influence change? Fees and Commission is seeking a professional who is looking for an opportunity to develop a variety of soft and hard skills, contribute to and influence business improvements, apply financial and risk management skills, solve complex problems, and deliver excellent client service. You can be an innovator as a business specialist, developing and executing solutions to increase business profitability and strengthen client relationships. OUR IMPACT Fees and Commissions The Fees and Commissions team manages income, fee and interest charges for the client and house businesses. The team impacts the success of millions of trades a day and uses data-based decision making to influence strategic business decisions. Adapting to changing client and business needs and accurate management of charges is critical to the profitability of our organization. Team responsibilities include rate maintenance, charge validations, reconciliations, adjustments, payments, cost allocations, system developments, regulatory updates, strategic projects, and business query support. We use data analytics and tools such as Alteryx, Tableau and SQL to make data-driven decisions and suggestions. HOW YOU WILL FULFILL YOUR POTENTIAL * Enhance and improve our processes and functions by developing a deeper understanding of the function and becoming a technical expert * Collaborate with our technology and business partners as well as external contacts to improve strategic process workflows * Provide timely client or business query support * Help build out the team, ensuring that we use best practice in what we do at all times * Use your inquisitive mindset to identify control weaknesses and recommend robust solutions * Monitor Futures/listed derivative fees, commission or interest related functions for clients and house businesses. * Maintain accurate commission, interest and fee rates for clients in all firm systems. * Ensure accurate collection and payment for millions of trades a day * Monitor and approve functions that span the life cycle of a trade such as validations, configurations, adjustments, reconciliations, invoices, and payments. * Align team expectations and oversee gaps around all phases of the trade and billing life cycle * Act as a technical expert to enhance firm's processes, identify control weaknesses, recommend robust solutions, in collaboration with direct team, internal and external technology and business partners. * Build teamwork and collaboration across regions * Regularly assess client, business and regulatory needs and identify change required * Plan and execute projects to increase firm profitability and adhere to any new compliance guidance * Develop readiness plan and associated change management strategies for new functionality upgrades on the back of business, regulatory or system upgrades * Partner with Business Intelligence team to develop capabilities for new process that would identify and mitigate risk derived from the correlation of quantitative and qualitative data. * Define project scope and required resources; set objectives and milestones; measure outcomes and their impact. * Highlight project bottlenecks and propose feasible solutions. * Collect, interpret and condense large amount of complex data, and present meaningful actionable insights to senior level stakeholders. * Translate project business requirements for technical and non-technical stakeholders. SKILLS AND EXPERIENCE WE'RE LOOKING... For full info follow application link.

The Goldman Sachs Group, Inc., 2018. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disabi lity/Vet.