PLATFORM SOLUTIONS

In Platform Solutions (PS), we power clients with innovative and customer-centred financial products. We bring the best qualities of a technology player and combine that with the best attributes of a large bank. PS is comprised of four main businesses, underpinned by engineering, operations, and risk management:

Transaction Banking, a cash management and payments platform for clients building a corporate treasury systemEnterprise Partnerships, consumer financial products that companies embed directly within their ecosystems to better serve their end customersMerchant Point-of-Sale Lending, a platform that provides custom credit financing for home improvement merchants to offer directly to their customersETF Accelerator, a platform for clients to launch, list and manage exchange-traded funds

Join us on our journey to deliver financial products and platforms that prioritize the customer and developer experience

YOUR IMPACT

Do you have experience with vendor billing and a passion for process management? We’re looking for a professional to join our Vendor Invoicing team in Enterprise Platform Solutions. In this role, you would be overseeing vendor spend in our Enterprise Partnerships businesses, acting as a liaison between Vendor Relationship Owners, Finance, and our Payments Team. This includes implementing reporting and review processes to ensure everything from budget identification and purchase order set up to invoice receipt and spend tracking runs smoothly.

OUR IMPACT

Goldman Sachs delivers a broad range of financial services across investment banking, securities, investment management and consumer banking to a large and diversified client base that includes corporations, financial institutions, governments, and individuals. Clients embed innovative financial products and solutions that create customer-centered experiences, powered by Goldman Sachs. The businesses of Platform Solutions share a developer-centric mindset and cloud-native platforms. We utilize financial products, including credit cards, installment financing and high yield savings accounts into the ecosystems of major brands to serve millions of loyal customers. We make it easy to offer a range of financial products powered by an API-first platform with the backing of Goldman Sachs' 150+ years of financial expertise. We offer a customized deployment approach while providing a modern, agile technology stack all supported by our long history of financial expertise, risk management and regulatory knowledge.

VENDOR ENGAGEMENT AND RISK MANAGEMENT

Vendor Engagement is responsible for sourcing and managing third party relationships for Enterprise Partnerships across all consumer business lines to obtain the right products and services from the right vendors at optimal terms.  We are focused on obtaining best value, minimal risk, and accretive solutions for our customers, the firm, and Enterprise Partnerships. This team offers a unique opportunity to strategically guide third party engagements for one of the newest digital finance brands in the industry. On this team, you will have a direct ability to optimize vendor performance and manage third party risk to make Enterprise Partnerships successful.

HOW WILL YOU FULFILL YOUR POTENTIAL

Work with the business and finance teams to review details of all vendor purchase orders each year, and ensure the necessary updates are made to purchase orders for the following year.Perform regular reviews of spend used against purchase order limits to identify where shortfalls may exist, and where purchase order limits may need to be modified.Engage regularly with the finance team to ensure existing purchase orders are sufficient to cover any budget updates.Engage regularly with sourcing team to identify where contract changes will affect purchase orders.Establish and maintain standards and guidance for accurate invoice review and approval.Run monthly invoice sampling audits to ensure quality of invoice approvals.Build relationships with the VROs for third parties leveraged by the EP Platform Solutions Consumer Division.Equip VROs with skills, training, and awareness on appropriate invoice processing, review, and approval.Provide guidance on best practices for invoice payment and tracking management.Perform post-mortems on past due or unpaid invoice escalations to identify process breakdowns and propose solutions.Build relationships with backend payment teams, and work to resolve any blockers to progress.Develop metrics and reporting to measure performance of invoicing process.Establish and maintain invoice process documentation.Work collaboratively with internal subject matter experts across Tax, Finance, Firmwide Sourcing Operations, Procure to Pay, Business, and other areas as required.

WHERE WILL YOU MAKE AN IMPACT

Enterprise Partnerships Vendor Invoicing supports all products across the Enterprise Partnerships business, including Apple Card, Apple Savings, and GM Card, and works in partnership with the firmwide Procure to Pay (P2P) team. 

QUALIFICATIONS

SKILLS & EXPERIENCE WE’RE LOOKING FOR

Minimum bachelor’s degree (U.S. or equivalent).Prior vendor invoicing experience strongly preferred, but not required.Financial industry experience preferred, but not required.Strong analytical and problem-solving skillsAbility to manage multiple projects simultaneously and prioritize accordingly.Detail orientedSelf-starterExceptional written and oral communication skills with a proven ability to articulate complex ideas, express and defend a point of view, and influence outcomes.Ability to work with senior management and external partners.Proficient use of Microsoft Office Suite to include Word, Excel, Outlook, and PowerPoint

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 several 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., 2024. All rights reserved.

Goldman Sachs is an equal employment/affirmative action employer