Transaction Banking, Business Manager, Vice President

Transaction BankingOur mission is simple: provide a global transaction banking platform that is nimble, secure, and easy for clients use. We have delivered a modern, digital-first transaction banking platform to serve GS’ varied client base. Our business combines the strength, heritage, and expertise of a 150-year-old firm with the agility and entrepreneurial spirit of a tech start-up designed to solve some of the most complex operational needs in the industry. We aim to help our clients achieve Working Capital efficiency gains by optimizing their short term liquidity needs and simplifying their Cash Management operations. We do so by delivering a best-in-class digital solution that helps clients manage their liquidity movements, foreign exchange and payments enabling international treasury operations and commerce. We’re a team of diverse Treasury and Payments specialists helping our clients solution and build for the future. Position OverviewThe TxB Coverage Business Management role serves as a key commercial partner and trusted advisor to Coverage leadership and the COO, ensuring seamless execution of TxB's strategy, robust financial planning alignment, and deep integration with the broader firm. The role sits at the intersection of strategy, operations, governance, and technology - driving the Coverage franchise forward across five critical pillars.Key Responsibilities1. Strategic Execution & Analytics- Coordinate budgeting and forecasting aligned with the firmwide BPC cycle to ensure resource allocation matches strategic priorities- Monitor Coverage team performance against goals through pipeline and revenue analysis in partnership with Finance- Serve as the central connectivity point to the Product organization, facilitating TxB product commercialization by channeling Coverage insights into product development (Product retains delivery ownership)- Lead high-impact strategic analyses for growth campaigns - Conduct deep-dive analyses on target market penetration, wallet share optimization, and competitive positioning- Partner across Investment Banking, Corporate Derivatives, and Asset & Wealth Management to deliver a coordinated "One Goldman Sachs" client experience2. Executive Operations- Serve as a trusted advisor and proxy for the co-heads of Coverage; prioritize key initiatives, prepare executive briefs, and manage leadership meeting cadence - Lead joint operational and strategic initiatives with the Product Business Manager to ensure Coverage-Product alignment- Coordinate town halls, off-sites, and strategic communications for the Coverage organization3. Governance & Risk- Own and lead the Business Standards Committee (BSC) process, ensuring high standards of client care and reputational risk management- Oversee governance, quality control, and approval of marketing materials, client presentations, and RFP responses- Own first-line implementation of operational risk controls, audit remediations, and policy updates (regulatory identification owned by Risk and Legal)- Maintain and own Business Continuity Planning (BCP) and disaster recovery protocols for Coverage4. Technology & Enablement- Partner with salespeople, product managers, and strats to develop dynamic, intuitive desktop tools and dashboards for senior leaders- Provide commercial input into Salesforce CRM design; drive process improvements to accelerate time-to-revenue across client engagements- Partner with Onboarding, Implementation, and Service teams to streamline the client journey from sales to active usage, minimizing operational bottlenecks5. Operations & Talent- Manage the development and implementation of Coverage business plans, including measurement of impact and success against defined KPIs- Oversee headcount planning and onboarding coordination for the Coverage team to ensure the franchise is resourced for successBasic Qualifications- Significant experience in business management, strategy, chief of staff, or COO-type roles within financial services- Strong financial acumen with expertise in pipeline analysis, revenue tracking, budgeting, and forecasting cycles- Demonstrated ability to operate as a trusted advisor and proxy for senior executives- Experience with first-line risk controls, audit remediation, and governance frameworks (e.g., BSC processes)- Excellent cross-divisional stakeholder management skills with a track record of driving alignment across large, complex organizations- Strong analytical capabilities with the ability to lead high-impact strategic deep dives and translate findings into actionable recommendationsPreferred Qualifications- Familiarity with Transaction Banking products and the Coverage sales model- Experience with CRM platforms (Salesforce) and business intelligence/dashboard tooling- Background in client lifecycle management, including onboarding and implementation coordination- Prior experience coordinating executive communications, off-sites, and Operating Committee-level meetings- Demonstrated ability to leverage AI tools and data-driven insights to optimize business management workflows, automate routine reporting, and drive operational efficiencies across the division.What We Offer- A high-visibility role with direct exposure to Coverage and TxB senior leadership- The opportunity to shape strategy and execution across one of the firm's key growth franchises- A collaborative, intellectually rigorous environment with cross-divisional reach across Investment Banking, AWM, and Corporate DerivativesAbout Goldman SachsAt 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: The Goldman Sachs Group, Inc., 2026. 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 $125000-$250000. 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.Posting Date: 2026-08-12