Transaction Banking Operations, Client Onboarding Legal Specialist, Vice President

Goldman Sachs - Dallas, TX

Full-time - Executive

Dallas, TX

Securities, Commodity Contracts, and Other Financial Investments and Related Activities

About the position

The Transaction Banking Operations team is seeking a Vice President, Client Onboarding Legal Specialist, to lead the review of legal agreements and support the onboarding and servicing of Transaction Banking clients. This role involves collaboration with various internal and external stakeholders to ensure compliance and operational efficiency in the onboarding process, particularly for Escrow and DACA accounts.

Responsibilities

• Lead the review of Legal agreements supporting the onboarding and servicing of Transaction Banking clients, in close partnership with Legal, Compliance, Risk, and Product teams.
• Understand the business purpose and deal structure for Transaction Banking accounts, including Escrow and DACA.
• Understand duties to be performed by Transaction Banking as the Escrow Agent and DACA Bank, and the impact of legal terms on operational processes.
• Ensure all terms outlined in the governing Escrow/DACA agreement support Transaction Banking processing and capabilities.
• Support the Transaction Banking Operations team in post-closing obligations, based on the negotiated contracts.
• Partner with Product and Sales to maximize new business opportunities, including but not limited to Escrow/DACA.
• Serve as the subject matter expert for global Escrow and DACA accounts and end-to-end operational processes.

Requirements

• 3+ years of professional experience in financial services, preferably in Escrow, Account Bank, Trust and/or Custody.
• Prior experience of reviewing legal agreements supporting Escrow/DACA transactions, Banking Resolutions, and other banking terms.
• Working knowledge of banking operations, including client onboarding and servicing.
• Strong verbal and written communication skills.
• Excellent organization and attention to detail.
• Experience with stakeholder coordination (both internal and external parties).

Benefits

• Healthcare & Medical Services
• Competitive vacation policies
• Financial support for higher education
• Live financial education
• Medical advocacy service
• Counseling and referral services through EAP
• Global Medical, Security and Travel Assistance
• Workplace Ergonomics Program
• On-site fitness centers
• Reimbursement for fitness club membership
• On-site child care centers
• Adoption, surrogacy, egg donation and retrieval stipends