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Transaction Banking, Escrow Transaction Manager, Vice President

GOLDMAN SACHS & CO. LLC

NEW YORK, NYJobSeen 5 days agoSeen in employer's feed 5 days ago

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At a glance

Compensation
No compensation found
Location
NEW YORK, NY
Work Authorization
Not specified

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Job overview

Goldman Sachs is seeking a Vice President to lead execution and ongoing management of complex institutional escrow and account control transactions within Transaction Banking. The role partners with clients and internal teams to structure, negotiate, execute, and administer bespoke transactions, including bank escrow and DACA arrangements. It also contributes to product strategy, lifecycle improvements, and risk and control practices.

Skills & qualifications

RequiredNice to have

Skills

Transaction StructuringTransaction ExecutionEscrow ManagementAccount ControlLegal DocumentationNegotiationProduct StrategyRisk Management

Qualifications

Vice President Experience

Full job description

Transaction BankingOur mission is simple: provide a global transaction banking platform that is nimble, secure, and easy for clients to use. We have delivered a modern, digital-first transaction banking platform to serve Goldman Sachs' 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 technology-led platform designed to solve complex operational needs for corporate and institutional clients.Within Transaction Banking, the Escrow and Account Control offering supports complex commercial and capital markets transactions where funds must be held, pledged, controlled, released, or administered in accordance with transaction documentation, client objectives, and risk/control requirements.Position OverviewWe are seeking a Vice President to help lead the execution and ongoing management of complex institutional escrow and account control transactions. This role is focused on bank escrow, DACA/account control, and other institutional transaction banking use cases. It is not title-company or residential real estate escrow.In this role, you will sit at the intersection of transaction management, deal structuring, client coverage, legal documentation, and operations. You will partner closely with Relationship Managers, Investment Banking and Coverage partners, Legal Counsel, Operations, Risk, Compliance, and clients to structure, negotiate, execute, and administer bespoke escrow and DACA transactions.The ideal candidate has deep familiarity with the transaction types that give rise to escrow and account control structures, including M&A transactions, private placements, acquisition finance, secured lending, restructuring, litigation settlements, project finance, regulatory escrows, collateral arrangements, and other capital markets-related activity. The successful candidate will understand why the payment is being made and why funds are being controlled, not just the operational mechanics of moving money.Key Responsibilities Deal Structuring & Coverage Partnership * Partner closely with Coverage, Investment Banking, clients, lenders, borrowers, sponsors, internal Legal, external counsel, Operations, Risk, and Compliance to structure and execute complex institutional escrow and account control arrangements. * Serve as the transaction quarterback from initial opportunity intake through documentation, account setup, funding, disbursement mechanics, closing, amendments, terminations, and ongoing servicing. * Act as a product and transaction Subject Matter Expert for Coverage teams, providing practical guidance, structuring advice, and support for client pitches, RFP responses, and transaction scoping discussions. Legal, Documentation & Transaction Execution * Review, interpret, and help negotiate escrow agreements, deposit account control agreements, account instructions, disbursement conditions, closing mechanics, and related transaction documentation. * Translate legal and commercial requirements into clear operational actions, dependencies, controls, timelines, and stakeholder deliverables. * Ensure that transaction documentation supports the client objective while protecting the bank's risk profile, operating model, and control environment. Product Strategy & Lifecycle Management * Assist with the strategic direction of the Escrow and DACA product suite by identifying opportunities to improve execution, standardize workflows, digitize documentation, and scale the offering. * Partner with Operations, Technology, Legal, and Risk stakeholders to streamline onboarding, improve transaction controls, reduce manual friction, and enhance the client experience. * Provide feedback from live transactions to inform product enhancements, documentation templates, process improvements, and go-to-market priorities.Risk, Governance & Compliance * Ensure escrow and DACA transact

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