Goldman Sachs
Job title:
Asset Management Operations, Client Services Associate, London
Company
Goldman Sachs
Job description
Job Description:OUR IMPACTGoldman Sachs Asset Management Fund Services Limited (GSAMFSL) is a Super Management Company located in Dublin and Goldman Sachs Asset Management BV (GSAMBV) is a Management Company based in The Hague. GSAMFSL and GSAMBV appoint and oversee distribution partners for both Public and Alternative Funds of Goldman Sachs Asset & Wealth Management (AWM).International Shareholder Services (ISS) is based in multiple locations globally, assisting the Sales teams in their AWM fund distribution efforts and providing world class client service to investors in AWM funds.YOUR IMPACTAs part of the Transfer Agent Vendor Oversight – Rebate & Trailer team the candidate will be required to manage ongoing responsibilities regarding the Implementation and maintenance of Distribution and Rebate agreements. In addition, the candidate will be involved in driving the execution of key strategic initiatives aimed at strengthening our oversight framework and improving our service offering.The role entails stakeholder coordination and requires strong attention to detail, self-motivation, and pro-activity to deliver exceptional client service whilst adhering to regulatory and compliance requirements. As an owner of the end-to-end onboarding process, the candidate will have the opportunity to identify inefficiencies and drive enhancements to improve the client experience and ensure regulatory and compliance standards are met.This role will allow the candidate to gain broad exposure to the workings of AWM.HOW YOU WILL FULFILL YOUR POTENTIALThe role entails working in the Rebate & Trailer Oversight area of the ESS team. The team performs the following key functions;
- Implementation and maintenance of Distribution and Rebate agreements as well as the oversight of the ongoing calculation of trailer and rebate fees, working closely with sales, legal, product development and portfolio management teams.
- Perform monthly and/or quarterly controls around the rebate and trailer processes with the aim of reducing errors and increasing accuracy, as well as continuing to improve existing controls and carrying out ad-hoc reviews as required.
- Ongoing review and maintenance of internal policies and procedures with a view to increasing automation, scalability, and outsourcing of tasks to external vendors with appropriate controls and cost efficiencies.
- Co-ordination of new fund and share class launches and set-up on internal and external systems and platforms, working closely with distribution services, product development and the funds group teams.
- Provision of management/board reporting, and information for ad-hoc management requests.
The candidate will be required to work with senior members of the division and cover both day to day and project related tasks relevant to the activities mentioned in the summary above.SKILLS & EXPERIENCE WE ARE LOOKING FOR
- Bachelor’s degree with good academic record or equivalent gained through relevant work experience.
- High level of accuracy and the ability to maintain this standard whilst under pressure.
- Excellent communication, organisation, and multi-tasking skills with ability to set own priorities.
- Highly motivated and team focused but able to work independently to solve problems.
- Exposure to project-based work, especially with thinking through and delivering policy and process improvements.
- Knowledge of offshore mutual fund transfer agent operations, processing, and compliance standards
- Experience in the banking/asset management industry
ABOUT GOLDMAN SACHSAt Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.We believe who you are makes you better at what you do. We’re committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html© The Goldman Sachs Group, Inc., 2024. All rights reserved.Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
Expected salary
Location
London
Job date
Sat, 23 Nov 2024 05:12:23 GMT
To help us track our recruitment effort, please indicate in your email/cover letter where (globalvacancies.org) you saw this job posting.