Transaction Banking, Senior Escrow Product Manager, Vice President
Key Responsibilities
- Deal Structuring & Coverage Partnership
- Bespoke Deal Structuring: Partner closely with Coverage, Investment Banking, Internal and external legal counsel to structure complex escrow arrangements, including M&A transactions, private placements, litigation settlements, project finance, and regulatory escrows.
- Legal & Documentation Alignment: Collaborate with internal Legal and Operations teams to draft, review, and negotiate customized Escrow Agreements, ensuring they meet client needs while protecting the bank's risk profile.
- Sales Enablement: Act as a product Subject Matter Expert (SME) for Coverage teams, providing technical guidance, structuring advice, and participating in high-value client pitches and RFP responses.
- Product Roadmap: Assist with the strategic roadmap for the Escrow product suite, identifying opportunities to digitize and scale the offering.
- Operational Efficiency: Work with Operations stakeholders to assist in the standardization of documentation templates, streamline onboarding workflows, and automate manual transaction controls to reduce time-to-market for new deals.
- Risk Compliance: Ensure all escrow and DACA transactions comply with relevant federal, state, and international regulations.
- Risk Mitigation: Implement robust risk management practices, ensuring proper operational controls, transaction monitoring, and strict adherence to Know Your Customer (KYC) and Anti-Money Laundering (AML) guidelines.
- Fiduciary Governance: Maintain a strong control environment, ensuring all escrow accounts are managed in strict accordance with governing escrow instructions.
- Escrow and DACA payment lifecycle: Ensure all escrow and DACA payments are correctly documented and actioned by appropriate parties.
- Risk Mitigation: Ensure manual payment controls are met and evolve with business.
- Act as primary contact for both clients and internal teams ensuring timely receipt of information as well payment processing.
Product Strategy & Lifecycle Management
Risk, Governance & Compliance
Client Communication
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.
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.