GSAM, European Shareholder Services, Transfer Agency, Analyst recruitment

European Shareholder Services (ESS) is part of the International Funds Group (IFG) which is at the heart of the Goldman Sachs Asset Management (GSAM) funds business. IFG covers a range of activities that allows team members to interact with a number of other internal teams as well as external clients, vendors, and industry experts. As such, this role will allow the candidate to gain broad exposure to the workings of the GSAM business, as well as detailed understanding of shareholder servicing processes.

ESS is responsible for servicing the sales teams and investors of the Luxembourg, Ireland and Cayman domiciled collective investment products for the GSAM and FICC divisions.

The role entails working in the Transfer Agency Vendor Oversight Distribution Support (TAVODS) area of the ESS team, responsibilities of each team are as follows:

•Oversight and supervision of investor trade and transfer requests, processed by the external TA vendor, to facilitate the resolution of unclear orders and issues
•Oversight and supervision of intraday investor cash/trade reconciliation and settlement, processed by the external TA vendor, to facilitate the resolution of unidentified items, reconciliation breaks, and late settlement
•Interactive investor flow notification with the liquidity funds’ portfolio management teams
•Co-ordination and execution of fund dividends and TA bank account related processes, such as bank charges, interest claims, commissions, tax payments and foreign exchanges
•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
•Participate in ongoing TA vendor management program
•Automation and integration of trading, settlement, reporting and service solutions to investors, in conjunction with the distribution services team
•Implementation and maintenance of Distribution and Rebate agreements as well as the ongoing calculation of trailer and rebate fees, working closely with sales, legal and portfolio management teams
•Set up and maintenance of investor data for reporting to sales, controllers and management teams
•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
•Co-ordination and execution of investor trading and cash settlement in external (non GS) funds via our Global Liquidity Portal
•Provision of management/board reporting, and information for ad-hoc management requests
•Set up and maintenance of investor accounts on the funds’ shareholder register
•Ongoing review and maintenance of internal policies and procedures with a view to increasing automation and scalability with appropriate controls and cost efficiencies

The candidate will be required to work with senior members of the team and cover both day to day and project related tasks relevant to the activities mentioned in the summary above.

Experience

•Bachelor’s degree with good academic record or equivalent gained through relevant work experience
•1+ years experience in the banking/asset management industry

•Knowledge of transfer agency function/workings
•High level of accuracy and the ability to maintain this standard whilst under pressure from reporting deadlines
•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
•Knowledge of multi currency domestic/cross border payments