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**Global Banking & Markets Operations - Asset Servicing Pre Event - New York - Associate** - **Location**: New York, NY, United States - **Job Function**: Asset Servicing within Global Banking & Markets Operations - **Experience Level**: Associate (4+ years) - **Responsibilities**: Process corporate action elections, instruct client/firm elections, reconcile entitlements, manage operational risk, collaborate with cross-functional teams, support process enhancements - **Required Skills & Tech Stack**: 4+ years of asset servicing experience, understanding of corporate action lifecycles, strong analytical skills, ability to work under pressure, proficiency in DTC/CDS/Euroclear portals, attention to detail, clear communication - **Preferred Qualifications**: Understanding of global equity/fixed income markets, inventory management, and settlement activity in DTC and CDS.
- Compensation
- $80,000 – $135,000 USD
- City
- New York City
- Country
- United States
Currency: $ (USD)
Full Job Description
AS OVERVIEW
Operations partners with all areas of the firm to deliver banking, sales and trading, and asset management capabilities globally, while providing essential risk management and control. Asset Servicing is responsible for the endtoend management of Voluntary Income and Corporate Action events across global equity and fixed income markets. The team supports internal and external clients through complex, timecritical events such as mergers, restructurings, and shareholder meetings, operating within a highrisk control environment.
ROLE OVERVIEW
This role is responsible for the daytoday processing and risk management of voluntary corporate action instructions across US and Canadian markets. The successful candidate will execute and control client and firm elections, ensure accurate and timely instruction into local markets, and manage risk through disciplined adherence to controls, escalation, and issue resolution. The role requires strong technical expertise, sound judgment under tight market deadlines, and close collaboration with global partners and client service teams.
KEY RESPONSIBILITIES
- Process voluntary corporate action elections across equity and fixed income products, ensuring accuracy, timeliness, and compliance with market deadlines
- Create and validate announcement information and instruct client and firm elections into DTC/CDS/Euroclear
- Reconcile and distribute entitlements, investigating and resolving exceptions as required
- Actively manage operational risk by identifying issues, escalating appropriately, and applying strong controls
- Partner with client service, technology, legal, and global operations teams to resolve complex eventrelated issues
- Support process improvements and control enhancements to reduce risk, increase scalability, and improve client outcomes
SKILLS & EXPERIENCE
- 4+ years of Asset Servicing experience, with strong exposure to voluntary corporate actions
- Deep understanding of corporate action lifecycles, market practices, and election processing
- Proven ability to operate effectively in a highrisk, timecritical environment
- Strong analytical skills with attention to detail and sound risk judgment
- Clear and effective communicator, able to engage confidently with stakeholders across the organization
- Ability to manage multiple priorities and deliver consistently under pressure
PREFERRED QUALIFICATIONS
- Strong understanding of global equity and fixed income markets
- Strong understanding and ability to navigate DTC/CDS/Euroclear portals to review event details and instruct on positions
- Understanding of inventory management and settlement activity in DTC and CDS
- Proactive, controlfocused mindset with a track record of identifying and mitigating operational risk
- Collaborative team player who contributes to a culture of accountability and continuous improvement
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. Learn more about our culture, benefits, and people at GS.com/careers.
Were 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., 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.
Salary Range
The expected base salary for this New York, NY, United States-based position is $80000-$135000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.
Benefits
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.
