Global Banking & Markets Operations - Fees and Commissions - Associate Goldman Sachs

3.0 - 6.0 years

3 - 6 Lacs

Bengaluru / Bangalore, Karnataka, India

On-site

Fees & Commissions is responsible for collecting the firm's income, fees, and interest and for paying the firm's transaction expenses. Supporting both our client and proprietary business, the team uses data-based decision making to ensure the firm is profitable, strategic, and adapting to the changing market. Team responsibilities include accurate rate calculations across millions of trades, charge validations, reconciliations, direct money movements, cost allocations, system developments, regulatory updates, strategic system developments, and analytics on optimizing the firm's PnL. We use data analytics and tools such as Alteryx, Tableau and SQL to make data-driven decisions and suggestions HOW YOU WILL FULFILL YOUR POTENTIAL Analyze market trends and pricing to inform negotiation strategies and ensure competitive positioning. Build and maintain strong relationships with clients and internal stakeholders to facilitate successful negotiations. Develop tailored fee proposals based on client trading volumes, strategies, and market conditions. Assist in negotiation conversations with sales teams and external vendors. Provide expertise and guidance to sales teams and client service representatives on fee-related matters. Monitor the performance of negotiated fee structures and identify opportunities for further optimization or renegotiation. Mentor and train junior team members, fostering a culture of excellence and continuous improvement. Participate in team initiatives and contribute to the development of best practices in negotiation and client engagement SKILLS AND EXPERIENCE WE'RE LOOKING FOR Bachelor's degree in business, finance, economics, or a related field. 3+ years relevant experience, in a negotiation, sales, or relationship management role within the financial services industry; preferably in FICC or Equities trading. Proficiency in PowerPoint/MS Office to effectively communicate negotiation strategies and outcomes to internal teams. Strong understanding of financial markets and trading products. Proven ability to negotiate effectively, with a track record of achieving favorable outcomes for both client and the firm. Excellent analytical skills, with the ability to interpret complex data and make data-driven decisions.

Posted 3 weeks ago

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