Private Wealth Management Operations – Associate / Vice President recruitment

Operations is a dynamic, multi-faceted division that partners with all areas of the firm to deliver banking, sales and trading and asset management capabilities to clients around the world. Alongside this vital service delivery role, Operations provides essential risk management and control, preserving and enhancing the firm’s assets and its reputation.

Operations span all product lines and markets, serving as internal business partners who develop the processes and controls, and help to specify the systems that deliver accuracy, timeliness and integrity to our business. 

BUSINESS UNIT OVERVIEW

Private Wealth Management Operations supports Private Wealth Management Sales globally, which is responsible for advising wealthy individuals on strategies to build and protect their financial assets through highly customized advice and service. PWM Operations is instrumental in meeting our clients' needs and is responsible for the development, service delivery and control of global private banking; proprietary and open architecture alternative investment vehicles; derivatives trading; bookkeeping, accounting, performance measurement and reporting of Goldman-custodied assets and away-custodied assets; multiple externally managed account platforms; and multiple custody services.

RESPONSIBILITIES

PWM Operations has an opening for an Associate/Vice President to join the PWM Client On-Boarding Team. The PWM Client On-Boarding Team plays a key role in safeguarding the firm by completing a detailed review of client documentations to ensure that firm policy and regulatory requirements are met. The individual is also responsible for capturing all necessary information for regulator and firm policies and perform due diligence on these new accounts.  The ideal candidate should be able to work closely with PWM Business, Anti-Money Laundering Group, Compliance and Legal to ensure a positive client experience.

Responsibilities include:

• Review new account to ensure that proper documentation is in place and the setup is in accordance with regulatory and firm requirements prior to approval
• Review client provided legal agreements and other documents
• Apply sound business judgment to identify unusual or suspicious documentation or activity
• Resolve issues through coordination with the PWM Business, Compliance, Legal and AML Office
• Continuously identify and implement process improvements

SKILLS / EXPERIENCE

MANDATORY
• Minimum 8 years experience in client service role
• Experience in a leadership role to effect management and communication at all levels
• Experience working within a risk and control framework in operations

PREFERRED
• Able to demonstrate a high level of self initiative
• Experience in establishing strong working relationships across the business and regions
• Experience managing multiple task or projects and manage deadlines effectively
• Strong team player who is experienced at working under pressure
• Experience challenging and improving processes
• Degree qualified

Goldman Sachs is an equal opportunities employer and is committed to the principle of diversity.
Goldman Sachs conducts background checks on individuals offered employment with the firm and employment with Goldman Sachs is conditional upon individuals successfully completing those checks.  As part of the background check process, Goldman Sachs may need to obtain a record of disclosable criminal convictions from a government agency such as the Criminal Records Bureau.
The firm has adopted policies on the recruitment of ex-offenders and on the retention, storage and disposal of criminal record information which are available on request