Corporate Treasury
We're a team of specialists charged with managing the firm’s funding, liquidity, capital and relationships with creditors and regulators. Corporate Treasury manages the firm’s financial resources and minimizes interest expense through liability planning, asset liability management, and liquidity portfolio yield enhancement. The division is ideal for collaborative individuals who have strong quantitative analysis skills and risk management capabilities since Treasury actively manages the firm’s financial resources which are constantly changing due to business activity, markets, risk appetite, regulations and other factors.
Role Overview
The Associate in Bank Relationship Management (BRM) supports the development and execution of the firm’s global agent bank strategy. The role focuses on maintaining effective bank relationships, delivering commercial outcomes, and ensuring alignment with the firm’s risk, regulatory, and operational frameworks.
Bank Relations partner with senior relationship managers and cross-functional stakeholders to optimise service delivery, manage risk, and support strategic bank initiatives across regions and products.
Key Responsibilities
1. Relationship & Stakeholder Management
- Maintain effective working relationships with external agent banks and internal stakeholders (Treasury, Legal, Operations, Risk, Business Units)
- Support senior engagement with banks, including preparing materials and tracking actions
- Escalate issues clearly and proactively to senior team members
- Represent the firm in routine interactions with bank network stakeholders and industry forums
2. Commercial & Analytical Execution
- Analyse bank fee structures, service levels, and account activity to identify risks and optimisation opportunities
- Interpret data and contribute to recommendations on cost, service, and relationship positioning
- Support negotiations and commercial discussions through data-backed analysis
- Proactively identify anomalies in bank performance or pricing
3. Risk, Control & Regulatory Compliance
- Ensure adherence to internal risk frameworks and external regulatory requirements (e.g. KYC, CASS)
- Understand and articulate the risk implications of relationship decisions
- Partner with Risk, Legal, and Audit to support governance and control processes
- Escalate issues appropriately and contribute to remediation actions
4. Business & Strategic Support
- Support evaluation of new markets, products, and bank capabilities
- Contribute to strategic initiatives including RFPs, bank selection, and footprint optimisation
- Assist in preparing materials for senior forums and relationship reviews
- Participate in industry working groups and market infrastructure discussions
5. Operational & Product Coverage
- Develop working knowledge of banking products including custody, cash, payments, and securities services
- Understand trade lifecycle and how bank services support business activity
- Assist in resolving operational issues and improving service delivery across the network
- Coordinate with Operations teams on service performance and issue resolution
Skills & Experience
Core Skills
- Strong analytical capability with ability to interpret complex datasets
- Effective communication and stakeholder management skills
- Sound judgement balancing cost, risk, and service considerations
- Ability to operate in a fast-paced, global, and cross-functional environment
Experience / Knowledge
- Understanding of banking, custody, or treasury functions preferred
- Familiarity with regulatory frameworks (e.g. KYC, client asset rules)
- Experience working with external financial institutions or vendors is advantageous
Behavioural Attributes
- Detail-oriented with strong ownership and accountability
- Able to prioritise and adapt in a dynamic environment
- Operates calmly under pressure and demonstrates professional maturity
ABOUT GOLDMAN SACHS
At 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. 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. : https://www.goldmansachs.com/careers/footer/disability-statement.html
© The Goldman Sachs Group, Inc., 2023. All rights reserved.
Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.
