Goldman Sachs

Transaction Banking, Senior Escrow Product Manager, Vice President

Goldman Sachs  •  $125k - $250k/yr  •  New York City, NY (Onsite)  •  1 hour ago
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Job Description

Transaction Banking

Our 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.

We are seeking a highly analytical, commercially driven, and legally astute Vice President (VP), Escrow Product Management to assist in leading the growth, structuring, and financial performance of our Escrow and DACA product suite globally. Reporting directly to the Head of Escrow, you will contribute towards the product's P&L, driving both fee-based revenue and deposit balance growth and ensuring that product meets all deal execution timelines.

In this role, you will sit at the intersection of product management, deal structuring, and client coverage. You will partner closely with Relationship Managers (Coverage), Operations, and Legal Counsel to structure, negotiate, and execute complex, bespoke escrow transactions for corporate clients, private equity firms, and financial institutions. The ideal candidate possesses a deep understanding of transaction banking, corporate trust, or escrow services, combined with the technical expertise to navigate complex legal agreements.

Key Responsibilities

1. 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.

2. Product Strategy & Lifecycle Management

  • 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.

3. Risk, Governance & Compliance

  • Regulatory 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.
  • Risk Mitigation: Ensure manual payment controls are met and evolve with business.
  • Client communication: Act as primary contact for both clients and internal teams ensuring timely receipt of information as well payment processing.

4. Operational Oversight

Qualifications & Experience

  • Education: Bachelor’s degree in Finance, Economics, Business, or a related field; a Juris Doctor (JD), MBA, or equivalent advanced degree is highly preferred.
  • Experience: 7+ years of experience in Transaction Banking, Corporate Trust, Escrow Services, or a specialized legal/structuring role.
  • Technical Expertise: Deep understanding of Capital market transactions that give rise to escrow and DACA structures, transaction flows, and the legal mechanics of Escrow and DACA Agreements, SPAs (Share Purchase Agreements).
  • Financial Acumen: Proven track record of contributing to a product P&L, with a strong grasp of balance sheet drivers, fee structures, and pricing strategies.
  • Collaboration & Influence: Exceptional stakeholder management skills, with a demonstrated ability to build consensus across Coverage, Legal, Risk, Operations, and Technology.
  • Communication: Superb written and verbal communication skills, with the ability to translate complex legal and structural concepts into clear, commercial solutions for clients and internal stakeholders.

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. 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., 2025. 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

Goldman Sachs

About Goldman Sachs

We aspire to be the world’s most exceptional financial institution, united by our shared values of partnership, client service, integrity, and excellence.

Operating at the center of capital markets, we act as one firm, mobilizing our people, capital, and ideas to deliver superior results across our clients’ most complex challenges.

For 156 years, Goldman Sachs has delivered world-class execution on a global scale across our leading Global Banking & Markets and Asset & Wealth Management businesses.

Apprenticeship is central to our culture, with hands-on coaching and access to leaders who bring decades of experience and expertise. With office locations around the world, we offer a broad range of career opportunities to those who insist on excellence and thrive on performance.

Find our Social Media Disclosures here: gs.com/social-media-disclosures

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
New York, New York
Year Founded
Unknown
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