Upload Button Icon Add office photos
filter salaries All Filters

307 Goldman Sachs Jobs

Fees and Commissions - Associate

1-5 years

₹ 40 - 58L/yr (AmbitionBox estimate)

tooltip
This is an estimate of the average salary range for this position. It has not been reviewed by the company, and the actual salary may differ.

Bangalore / Bengaluru

1 vacancy

Fees and Commissions - Associate

Goldman Sachs

posted 8hr ago

Job Role Insights

Flexible timing

Job Description

The Fees and Commissions team is seeking an experienced negotiator to support and contribute brokerage rate negotiations from initiation to completion. The role requires a collaborative team player who can navigate complex financial conversations, align internal teams towards common objectives, and ensure seamless execution of negotiation strategies. The candidate will work directly with external vendors and internal teams (finance, technology, and sales) to deliver competitive pricing that enhances client service and boosts firm profitability. This role provides a platform to build productive relationships with global teams, fostering a collaborative environment that supports professional growth and the firm s financial success, making the candidate a key player in driving business improvements.
OUR IMPACT
Operations is at the core of Goldman Sachs. Operations enables business flow for every trade agreed, every new product launched, or market entered. The Operations business partners with all areas of the firm to deliver capabilities to clients, provide essential risk management and, and enhance the firm s PnL and reputation across all product lines and markets.
Fees & Commissions is responsible for collecting the firm s income, fees, and interest and for paying the firm s transaction expenses. Supporting both our client and proprietary business, the team uses data-based decision making to ensure the firm is profitable, strategic, and adapting to the changing market. Team responsibilities include accurate rate calculations across millions of trades, charge validations, reconciliations, direct money movements, cost allocations, system developments, regulatory updates, strategic system developments, and analytics on optimizing the firm s PnL. We use data analytics and tools such as Alteryx, Tableau and SQL to make data-driven decisions and suggestions
HOW YOU WILL FULFILL YOUR POTENTIAL
  • Analyze market trends and pricing to inform negotiation strategies and ensure competitive positioning.
  • Build and maintain strong relationships with clients and internal stakeholders to facilitate successful negotiations.
  • Develop tailored fee proposals based on client trading volumes, strategies, and market conditions.
  • Assist in negotiation conversations with sales teams and external vendors.
  • Provide expertise and guidance to sales teams and client service representatives on fee-related matters.
  • Monitor the performance of negotiated fee structures and identify opportunities for further optimization or renegotiation.
  • Mentor and train junior team members, fostering a culture of excellence and continuous improvement.
  • Participate in team initiatives and contribute to the development of best practices in negotiation and client engagement
SKILLS AND EXPERIENCE WE RE LOOKING FOR
  • Bachelor s degree in business, finance, economics, or a related field.
  • 3+ years relevant experience, in a negotiation, sales, or relationship management role withing the financial services industry; preferably in FICC or Equities trading.
  • Proficiency in PowerPoint/MS Office to effectively communicate negotiation strategies and outcomes to internal teams.
  • Strong understanding of financial markets and trading products.
  • Proven ability to negotiate effectively, with a track record of achieving favorable outcomes for both client and the firm.
  • Excellent analytical skills, with the ability to interpret complex data and make data-driven decisions.

Employment Type: Full Time, Permanent

Read full job description

Goldman Sachs Interview Questions & Tips

Prepare for Goldman Sachs Associate roles with real interview advice

Top Goldman Sachs Associate Interview Questions

Q1. Ninja and the Game of Words In this game, Ninja is provided with a string STR that might contain spaces, and a list or array WORDS consisti ... read more
Q2. Good old standard problem: Playing number game with your friend to select any of the number between 1 to 3. Whoever reaches 20 first, wins. ... read more
Q3. Wildcard Pattern Matching Problem Statement Implement a wildcard pattern matching algorithm to determine if a given wildcard pattern matche ... read more
View all 346 questions

What people at Goldman Sachs are saying

3.5
 Rating based on 162 Associate reviews

Likes

Very cooperative manager Encouragement to explore synergies with other businesses at very early career level

  • Salary - Good
  • +5 more
Dislikes

Push to return to office Red tape can be a little frustrating at times

Read 162 Associate reviews

Associate salary at Goldman Sachs

reported by 2.5k employees with 1-9 years exp.
₹11 L/yr - ₹41 L/yr
219% more than the average Associate Salary in India
View more details

What Goldman Sachs employees are saying about work life

based on 1.2k employees
66%
88%
79%
91%
Flexible timing
Monday to Friday
No travel
Day Shift
View more insights

Goldman Sachs Benefits

Cafeteria
Work From Home
Health Insurance
Free Transport
Gymnasium
Child care +6 more
View more benefits

Compare Goldman Sachs with

JPMorgan Chase & Co.

4.0
Compare

Morgan Stanley

3.7
Compare

TCS

3.7
Compare

Amazon

4.1
Compare

Google

4.4
Compare

Microsoft Corporation

4.0
Compare

Bank of America

4.3
Compare

Wells Fargo

3.8
Compare

UBS

3.9
Compare

Barclays

3.8
Compare

HSBC Group

3.9
Compare

Deutsche Bank

3.9
Compare

Standard Chartered

3.7
Compare

Atos

3.9
Compare

IQVIA

3.9
Compare

Automatic Data Processing (ADP)

4.0
Compare

Synechron

3.6
Compare

S&P Global

4.1
Compare

Gallagher

3.8
Compare

Cargill

4.0
Compare

Similar Jobs for you

Associate at Goldman Sachs

Bangalore / Bengaluru

1-5 Yrs

₹ 16-21 LPA

Management Associate at Goldman Sachs

Bangalore / Bengaluru

3-6 Yrs

₹ 19-24 LPA

Associate at Goldman Sachs

Bangalore / Bengaluru

1-4 Yrs

₹ 17-21 LPA

Associate at Goldman Sachs

Bangalore / Bengaluru

1-4 Yrs

₹ 15-19 LPA

Associate at Goldman Sachs

Bangalore / Bengaluru

2-5 Yrs

₹ 17-22 LPA

Associate at Goldman Sachs

Mumbai

1-3 Yrs

₹ 19-24 LPA

Associate at Goldman Sachs

Bangalore / Bengaluru

3-8 Yrs

₹ 16-20 LPA

Associate at Goldman Sachs

Bangalore / Bengaluru

1-4 Yrs

₹ 19-24 LPA

Delivery Specialist at Goldman Sachs

Bangalore / Bengaluru

2-4 Yrs

₹ 10-15 LPA

Associate at Goldman Sachs

Bangalore / Bengaluru

1-5 Yrs

₹ 17-22 LPA

Goldman Sachs Bangalore / Bengaluru Office Location

View all
Bengaluru Office
Goldman Sachs Services Pvt. Ltd Cherry Hills, Embassy Golf Links Business Park, 6, Embassy Golf Links Business Park, Domlur Layout Bengaluru
Karnataka

Fees and Commissions - Associate

1-5 Yrs

Bangalore / Bengaluru

8hr ago·via naukri.com

Fees and Commissions - Project Manager - Associate

3-6 Yrs

Bangalore / Bengaluru

8hr ago·via naukri.com

Fees and Commissions - Negotiation - Associate

1-5 Yrs

Bangalore / Bengaluru

8hr ago·via naukri.com

Controllers - Product Controllers - Analyst

0-3 Yrs

Bangalore / Bengaluru

8hr ago·via naukri.com

Global Banking & Markets - Chief of Staff - Associate-

3-5 Yrs

Bangalore / Bengaluru

9hr ago·via naukri.com

Engineering-Bengaluru-Associate-Security Engineering

1-4 Yrs

Bangalore / Bengaluru

9hr ago·via naukri.com

GBM - Loan Management - Trade Analytics - Associate -

2-6 Yrs

Bangalore / Bengaluru

9hr ago·via naukri.com

Engineering-L2-Bengaluru-Associate-Software Engineering

2-3 Yrs

Bangalore / Bengaluru

9hr ago·via naukri.com

Engineering-Bengaluru-Associate-Software Engineering

2-5 Yrs

Bangalore / Bengaluru

9hr ago·via naukri.com

Corporate Treasury Operations - Claims - Analyst -

1-4 Yrs

Bangalore / Bengaluru

9hr ago·via naukri.com
write
Share an Interview