Asset & Wealth Management Operations - Goldman Sachs Asset Management Operations - Portfolio Control - Accounting Reconciliation – Dallas - Vice President

Job Summary & Responsibilities

The Portfolio Control Reconciliations team ensures accuracy of GSAM’s and Risk counterpart’s books of accounting. They facilitate the business in achieving desired objectives for all aspects of account onboarding, portfolio accounting, cash management, and client reporting. This role involves interacting with internal and external parties to support portfolio managers, sales, and client relationship professionals.

• Ensure accuracy and timeliness of data in internal accounting systems and external books of records.
• Provide accurate/timely position, cash balance reporting, exception management, and oversee operational risk across portfolios.
• Drive initiatives and solutions that impact client experience, regulatory requirements, and risk mitigation.

Responsibilities

• Effectively execute and manage daily processes and activities.
• Partner with portfolio managers and operation teams to ensure internal accounting system reflects accurate holdings/NAV and external books of records align with GSAM.
• Investigate position differences between GSAM and Fund Admin/Accounting agents by reconciling Investment manager books vs ABOR.
• Manage the team daily, ensuring all queries are responded to in accordance with Service Level Agreements (SLAs).
• Work closely with functional teams to resolve issues impacting positions, cash, realized gain-loss, portfolio manager trading, NAV, and after-tax performance of client reports.
• Analyze new accounting platform solutions to assess accounting capabilities and system functionality, ensuring data integrity and accuracy.
• Identify efficiencies and areas for improvement within operations to mitigate risk, reduce manual efforts, and drive scale.
• Create, maintain, and review accounting standards to manage business needs.
• Develop a thorough knowledge of accounting across divisions, covering custodian and fund administrators to maximize potential value delivery across the firm.
• Stay updated on industry trends, competitive landscape, and capabilities to facilitate business, increase efficiencies, improve controls, and enhance client experience.

Qualifications

• 8-10 years of experience in Operations and/or Financial Services Industry, preferably Asset Management.
• A relevant bachelor’s degree with an excellent academic record; an MBA is preferred.
• Strong communication skills, both verbal and written.
• Ability to lead across team members and drive assignments to completion.
• Strong understanding of theoretical and technical nature of accounting principles, NAV/Fund Accounting.
• In-depth knowledge of Bank loan products and their operational lifecycle.
• Familiarity with FIS Investment Accounting Manager (formerly InvestOne) or any other portfolio accounting systems.
• Advanced analytical skills, critical thinking, problem-solving abilities, and the ability to recommend long-term solutions.
• Prudent judgment on risk management, impact to client experience, and the ability to escalate as needed.
• Experience working independently, multitasking, and adapting in a fast-paced environment to deliver results.
• Experience working across multiple business areas and/or functions to deliver results.
• Advanced skills in Microsoft Excel, Word, PowerPoint, and the ability to present to senior management.