Asset Management Operations-Chicago-Associate-Settlements
Goldman Sachs Group, Inc., Chicago, Illinois, United States, 60290
Asset Management Operations-Chicago-Associate-Settlements
Overview
YOUR IMPACT We are seeking a highly motivated, detail-oriented, and thoroughly efficient candidate to join our Settlement Services team. In this capacity, you will provide investor servicing and recordkeeping focused on enabling distribution, providing consultative services, creating scale and controls. OUR IMPACT Goldman Sachs (GS) Asset Management delivers innovative investment solutions through a global, multi-product platform that offers clients the advantages that come with working with a large firm, while maintaining the benefits of a boutique. GS Asset Management is one of the pre-eminent investment management organizations globally. Critical to our success is our ability to leverage a global team of talented professionals to define solutions and lead changes across the operational infrastructure. The Shareholder Services group is a global, sales aligned service organization that provides high quality service and solutions to Shareholders. Through their client service model, Shareholder Services enables distribution of GS Asset Management investment products, provides consultative services, scale and controls, all with a focus on being accretive financially to the business. Within Shareholder Services, the Money Market and Settlement Services team provides client support by ensuring the accurate processing, recording and settlement of shareholder transactions for the Goldman Sachs Funds. The team is responsible for accurate and timely reporting to funds and coordinates notification of all trading activity to portfolio managers as well as reconciling all activity pertaining to the daily settlement of shareholder transactions. Primary Responsibilities
Initiate and reconcile all money movements (purchase, redemption and dividends) between the Transfer Agent accounts for GSAM and the corresponding custodian banks. Initiate all disbursements for the funds on behalf of the shareholder requests. Reconcile incoming payments with shareholder purchase orders and initiate funding to the custodian banks. Coordinate with the Client Service and Portfolio Management teams to ensure daily trading cut-offs for the funds are promptly met. Monitor and process fund estimates to ensure accurate portfolio and custodian reporting. Work closely with the Client Service team to resolve any shareholder requests regarding wires and trades settlement. Perform all functions under pressure of daily trading and processing deadlines. Complete audit of regulatory reporting which includes N-PORT, NFMP and financial statement confirmations. May perform other duties as assigned. Skills & Experience We’re Looking For
Basic Qualifications
BA/BS degree required Excellent communication, organizational, time management and interpersonal skills. Ability to work well under pressure, solve problems efficiently and multi-task in a deadline driven environment. Demonstrates accountability and sense of urgency in achieving results/completing tasks. Willingness to be a self-starter with excellent anticipation and strong analytical skills. Expert PC skills including MS Word, MS Excel, and MS Access. Preferred Qualifications
3 years in the financial services industry, preferred mutual fund operations or accounting experience. Knowledgeable about the mutual fund industry Salary Range
The expected base salary for this Chicago, Illinois, United States-based position is $65,000-$120,000. 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. Job Info
Job Identification 158172 Job Category Associate Posting Date 01/30/2026, 08:28 PM Healthcare & Medical Services 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 We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year. Financial Wellness & Retirement We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities. Health We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices. Fitness To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount). We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available. Benefits at Goldman Sachs Read more about the full suite of class-leading benefits our firm has to offer.. Learn More
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Overview
YOUR IMPACT We are seeking a highly motivated, detail-oriented, and thoroughly efficient candidate to join our Settlement Services team. In this capacity, you will provide investor servicing and recordkeeping focused on enabling distribution, providing consultative services, creating scale and controls. OUR IMPACT Goldman Sachs (GS) Asset Management delivers innovative investment solutions through a global, multi-product platform that offers clients the advantages that come with working with a large firm, while maintaining the benefits of a boutique. GS Asset Management is one of the pre-eminent investment management organizations globally. Critical to our success is our ability to leverage a global team of talented professionals to define solutions and lead changes across the operational infrastructure. The Shareholder Services group is a global, sales aligned service organization that provides high quality service and solutions to Shareholders. Through their client service model, Shareholder Services enables distribution of GS Asset Management investment products, provides consultative services, scale and controls, all with a focus on being accretive financially to the business. Within Shareholder Services, the Money Market and Settlement Services team provides client support by ensuring the accurate processing, recording and settlement of shareholder transactions for the Goldman Sachs Funds. The team is responsible for accurate and timely reporting to funds and coordinates notification of all trading activity to portfolio managers as well as reconciling all activity pertaining to the daily settlement of shareholder transactions. Primary Responsibilities
Initiate and reconcile all money movements (purchase, redemption and dividends) between the Transfer Agent accounts for GSAM and the corresponding custodian banks. Initiate all disbursements for the funds on behalf of the shareholder requests. Reconcile incoming payments with shareholder purchase orders and initiate funding to the custodian banks. Coordinate with the Client Service and Portfolio Management teams to ensure daily trading cut-offs for the funds are promptly met. Monitor and process fund estimates to ensure accurate portfolio and custodian reporting. Work closely with the Client Service team to resolve any shareholder requests regarding wires and trades settlement. Perform all functions under pressure of daily trading and processing deadlines. Complete audit of regulatory reporting which includes N-PORT, NFMP and financial statement confirmations. May perform other duties as assigned. Skills & Experience We’re Looking For
Basic Qualifications
BA/BS degree required Excellent communication, organizational, time management and interpersonal skills. Ability to work well under pressure, solve problems efficiently and multi-task in a deadline driven environment. Demonstrates accountability and sense of urgency in achieving results/completing tasks. Willingness to be a self-starter with excellent anticipation and strong analytical skills. Expert PC skills including MS Word, MS Excel, and MS Access. Preferred Qualifications
3 years in the financial services industry, preferred mutual fund operations or accounting experience. Knowledgeable about the mutual fund industry Salary Range
The expected base salary for this Chicago, Illinois, United States-based position is $65,000-$120,000. 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. Job Info
Job Identification 158172 Job Category Associate Posting Date 01/30/2026, 08:28 PM Healthcare & Medical Services 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 We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year. Financial Wellness & Retirement We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities. Health We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices. Fitness To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount). We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available. Benefits at Goldman Sachs Read more about the full suite of class-leading benefits our firm has to offer.. Learn More
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