PWM Operations Associate – Cantonese speaking recruitment
Our Operations team supports Private Wealth Management Sales globally, which is responsible for advising High Net Worth 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 either Goldman-custodied assets or custodied-away assets; multiple externally managed account platforms; and multiple custody services.
PWM Operations has an opening for Associates on the PWM Client Due Diligence team that is expanding its functions in Singapore to support the GSAM business. The associate will be expected to complete detailed documentation review on documents provided by new clients, capture all necessary information relating to firm policy and regulatory requirements and ensure due diligence checks are duly performed. The ideal candidate should be able to work closely with GSAM Business teams and the Anti-Money Laundering Group to ensure a positive client experience.
Responsibilities:
• Understand the different client account structures and legal documentation required for opening new accounts.
• Review new and existing accounts to ensure that the client information received is in accordance with regulatory and firm requirements
• Apply sound business judgment to identify unusual or suspicious documentation or activity
• Review account opening documents including client provided legal agreements
• Resolve issues through coordination with GSAM Business, Global GSAM On boarding Teams and the Anti-Money Laundering Group
• Work on improvements to account opening workflow and process
Qualifications:
• 3-7 years or more in financial industry experience
• Strong control focus and attention to detail
• Ability to multi-task and prioritize accordingly, able to work under pressure
• Good problem solving and analytical skills
• Ability to build strong relationships with colleagues and with a range of stakeholders to get things done
• Experience reviewing legal documents ideal
• Knowledge of MS Office (Word, Excel, etc.) as well as proficiency with web-based applications
• Able to work shift when required
• Prior Know Your Customer (KYC) or Client Identification Program (CIP) preferable
• Experience in team/function migration is a plus but not required