The Goldman Sachs Group
Transaction Banking Operations, Client Onboarding Legal Specialist, Vice Preside
The Goldman Sachs Group, Dallas, Texas, United States, 75215
TRANSACTION BANKING OPERATIONS
Transaction Banking Operations is part of Transaction Banking within the Platform Solutions Division, comprised of below primary functions:
We enable Sales by providing clients a differentiated experience through their pre-sales and go-live journey, through onboarding, implementation and testing, go live and early-stage support.We provide best in class service to our clients post go live across all their business needs, including payments and transactions flows across our global payment rails.We support the build and development of new Treasury Products, Services and Partnerships, alongside Product, Risk and Engineering teams, by handling all Operational process, procedure and control development.
TxB Operations is a growing sub-division, with regional presence in Singapore, Bengaluru, London, New York, and Dallas. All our offices work closely together as a single global team. As this business expands, we will look to increase our global footprint accordingly.
YOUR IMPACT
The Transaction Banking Client Onboarding team is seeking a seasoned and driven individual with experience and expertise reviewing Legal agreements, including Escrow and DACA contact negotiations and a client's Banking Resolutions. You will work with clients, counsel, and internal Legal/Product partners to support the onboarding and servicing of accounts from negotiation to setup/funding and post account opening activities.
HOW YOU WILL FULFILL YOUR POTENTIAL (RESPONSIBILITIES)
Lead the review of Legal agreements supporting the onboarding and servicing of Transaction Banking clients, in close partnership with Legal, Compliance, Risk, and Product teams.Understand the business purpose and deal structure for Transaction Banking accounts, including Escrow and DACA.Understand duties to be performed by Transaction Banking as the Escrow Agent and DACA Bank, and the impact of legal terms on operational processes.Ensure all terms outlined in the governing Escrow/DACA agreement support Transaction Banking processing and capabilities (prior working knowledge of operational processing within banking is a plus).Support the Transaction Banking Operations team in post-closing obligations, based on the negotiated contracts.Partner with Product and Sales to maximize new business opportunities, including but not limited to Escrow/DACA.Serve as the subject matter expert for global Escrow and DACA accounts and end-to-end operational processes.
QUALIFICATIONS REQUIRED
3+ years of professional experience in financial services, preferably in Escrow, Account Bank, Trust and/or Custody.Prior experience of reviewing legal agreements supporting Escrow/DACA transactions, Banking Resolutions, and other banking terms.Working knowledge of banking operations, including client onboarding and servicing.Strong verbal and written communication skills.Excellent organization and attention to detail.Experience with stakeholder coordination (both internal and external parties).
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Transaction Banking Operations is part of Transaction Banking within the Platform Solutions Division, comprised of below primary functions:
We enable Sales by providing clients a differentiated experience through their pre-sales and go-live journey, through onboarding, implementation and testing, go live and early-stage support.We provide best in class service to our clients post go live across all their business needs, including payments and transactions flows across our global payment rails.We support the build and development of new Treasury Products, Services and Partnerships, alongside Product, Risk and Engineering teams, by handling all Operational process, procedure and control development.
TxB Operations is a growing sub-division, with regional presence in Singapore, Bengaluru, London, New York, and Dallas. All our offices work closely together as a single global team. As this business expands, we will look to increase our global footprint accordingly.
YOUR IMPACT
The Transaction Banking Client Onboarding team is seeking a seasoned and driven individual with experience and expertise reviewing Legal agreements, including Escrow and DACA contact negotiations and a client's Banking Resolutions. You will work with clients, counsel, and internal Legal/Product partners to support the onboarding and servicing of accounts from negotiation to setup/funding and post account opening activities.
HOW YOU WILL FULFILL YOUR POTENTIAL (RESPONSIBILITIES)
Lead the review of Legal agreements supporting the onboarding and servicing of Transaction Banking clients, in close partnership with Legal, Compliance, Risk, and Product teams.Understand the business purpose and deal structure for Transaction Banking accounts, including Escrow and DACA.Understand duties to be performed by Transaction Banking as the Escrow Agent and DACA Bank, and the impact of legal terms on operational processes.Ensure all terms outlined in the governing Escrow/DACA agreement support Transaction Banking processing and capabilities (prior working knowledge of operational processing within banking is a plus).Support the Transaction Banking Operations team in post-closing obligations, based on the negotiated contracts.Partner with Product and Sales to maximize new business opportunities, including but not limited to Escrow/DACA.Serve as the subject matter expert for global Escrow and DACA accounts and end-to-end operational processes.
QUALIFICATIONS REQUIRED
3+ years of professional experience in financial services, preferably in Escrow, Account Bank, Trust and/or Custody.Prior experience of reviewing legal agreements supporting Escrow/DACA transactions, Banking Resolutions, and other banking terms.Working knowledge of banking operations, including client onboarding and servicing.Strong verbal and written communication skills.Excellent organization and attention to detail.Experience with stakeholder coordination (both internal and external parties).
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