Marcus by Goldman Sachs, Money Movement & Reconciliation, Analyst, Draper, UT/ Richardson, TX

Reposted 2 Days Ago
Be an Early Applicant
Richardson, TX, USA
In-Office
Entry level
Fintech • Financial Services
The Role
Manage daily incoming and outgoing wires, ACH exceptions, and general ledger reconciliations; resolve escalated customer inquiries; identify process bottlenecks and propose improvements; partner with stakeholders, prepare communications for leadership, and ensure timely delivery of operational tasks.
Summary Generated by Built In

Marcus by Goldman Sachs
As the online consumer banking business of Goldman Sachs, Marcus operates as a digital bank, providing high-yield savings accounts and Certificates of Deposit (CDs) directly to individual consumers. Marcus combines Goldman Sachs' over 150 years of expertise with intuitive digital experiences, focusing on value, transparency, and simplicity for its millions of customers, and is recognized as the largest pure online bank, delivering a fully digital experience without physical branches.

RESPONSIBILITIES 

  • Manage day-to-day operations to ensure incoming and outgoing wire are completed within service level.
  • Manage Money Movement General Ledgers exceptions and escalations timely.
  • Oversee ACH Exception process flow and Outgoing wire processing. 
  • Address escalated customer inquiries quickly to ensure customer satisfaction.
  • Assess current processes, identify bottlenecks, and trends and propose process improvements.
  • Partner with stakeholders to make improvements and document workflows.
  • Work with leadership to ensure deliverables are provided timely.
  • Prepare detailed communication materials, both presentations and memos, for senior leadership.
  • Proactively resolve potential issues, with escalation as appropriate. 

Basic Qualifications:

  • Associate's degree or equivalent military experience
  • General understanding of basic money movement process flows
  • Excellent communication skills, both written and verbal
     

Preferred Qualifications:

  • Bachelor's Degree; preferably in Accounting or Business Administrative 
  • Prior Back Office Money Movement experience
     

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. 

We’re 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.

Skills Required

  • Associate's degree or equivalent military experience
  • General understanding of basic money movement process flows
  • Excellent communication skills, both written and verbal
  • Bachelor's Degree; preferably in Accounting or Business Administrative
  • Prior Back Office Money Movement experience

Goldman Sachs Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Goldman Sachs and has not been reviewed or approved by Goldman Sachs.

  • Healthcare Strength — Healthcare is described as offering multiple plan options with subsidized premiums and prescription coverage. Materials indicate there are no pre-existing condition limitations in the U.S. summary.
  • Retirement Support — Retirement benefits are considered competitive, including employer 401(k) matching and access to financial education and planning resources. These features position long-term savings as a core component of the package.
  • Parental & Family Support — Family-support programs include paid parenting leave, family-care leave, and resources such as childcare support and lactation rooms in some offices. These offerings signal emphasis on supporting caregivers alongside work.

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The Company
HQ: New York, NY
67,118 Employees

What We Do

At Goldman Sachs, we believe progress is everyone’s business. That’s why we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, Goldman Sachs is a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices in all major financial centers around the world. More about our company can be found at www.goldmansachs.com

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