CIMD, PWM, Portfolio Management Group, Wealth Management Professional, Associate/Vice President



CONSUMER AND INVESTMENT MANAGEMENT DIVISION (CIMD)

The Consumer and Investment Management Division includes Goldman Sachs Asset Management (GSAM), Private Wealth Management (PWM) and our Consumer business (Marcus by Goldman Sachs). We provide asset management, wealth management and banking expertise to consumers and institutions around the world. CIMD partners with various teams across the firm to help individuals and institutions navigate changing markets and take control of their financial lives.

PWM

Goldman Sachs Private Wealth Management (PWM) specializes in creating comprehensive wealth management plans for high net worth individuals and families, as well as select institutions, including foundations and endowments. PWM Teams work one-on-one with clients to advise and deliver customized strategies drawn from our deep investment experience, diverse wealth management capabilities and global reach. Our Private Wealth Advisors (PWAs) deliver an unparalleled investment platform inclusive of the full product and service offerings of Goldman Sachs and beyond, which may include tax and estate planning, philanthropic planning and private banking and lending services. As client needs evolve, this close relationship allows the team to offer complementary services and new opportunities by leveraging the resources of Goldman Sachs and beyond

RESPONSIBILITIES AND QUALIFICATIONS

JOB SUMMARY & RESPONSIBILITIES



YOUR IMPACT

Are you a quick-thinking self-starter with strong work ethic, desire to work within a growing business, and ability to think outside the box? Wealth Management Professionals support all aspects of our US Portfolio Management Group from an operational and account management standpoint. The team is seeking professionals with an understanding of capital markets who have the ability to thrive in a fast-paced environment where attention to detail, strong organizational / communication skills, and a focus on client service are essential to maintaining and enhancing the ongoing operations of the Portfolio Management Group.

OUR IMPACT

Consumer and Investment Management (CIMD)

The Consumer and Investment Management Division includes Goldman Sachs Asset Management (GSAM), Private Wealth Management (PWM) and our Consumer business (Marcus by Goldman Sachs). We provide asset management, wealth management and banking expertise to consumers and institutions around the world. CIMD partners with various teams across the firm to help individuals and institutions navigate changing markets and take control of their financial lives.

Goldman Sachs Private Wealth Management (PWM) specializes in creating comprehensive wealth management plans for high net worth individuals and families, as well as select institutions, including foundations and endowments. PWM Teams work one-on-one with clients to advise and deliver customized strategies drawn from our deep investment experience, diverse wealth management capabilities and global reach. Our Private Wealth Advisors (PWAs) deliver an unparalleled investment platform inclusive of the full product and service offerings of Goldman Sachs and beyond, which may include tax and estate planning, philanthropic planning and private banking and lending services. As client needs evolve, this close relationship allows the team to offer complementary services and new opportunities by leveraging the resources of Goldman Sachs and beyond.

The US Portfolio Management Group (PMG) is a dedicated and experienced team that is responsible for managing multi-asset class discretionary mandates primarily for institutional clients. This team brings together the independent investment strategy of the Investment Strategy Group (ISG), a rigorous investment process and a broad range of implementation options, enabling them to construct risk-focused portfolios designed specially to each client's unique considerations.

A Wealth Management Professional (WMP) in PMG provides relationship management and support to Private Wealth Management (PWM) teams by focusing on client service, serving as a key liaison to clients' advisors, and assisting in managing the investment process. The WMP will be a main point of contact for PWM teams with respect to the client onboarding process, as well as the ongoing operational experience for the client. WMPs play an integral role on the team in assisting with managing cashflows, portfolio rebalancing, trade booking, and data management.

HOW YOU WILL FULFILL YOUR POTENTIAL

  • Serve as a client service contact to clients / clients' advisors
  • Plan and manage the new account onboarding process, including documentation and funding supported by account opening and approval teams
  • Assist on projects related to new business development and team strategic planning
  • Assist in managing portfolio implementation / rebalancing
  • Assist in managing cashflows and cash balances
  • Serve as key liaison to other areas supporting the PMG business including Legal, Compliance, and Technology
  • Execute process and reconcile trading and other investment related transactions.
  • Analyze and reconcile team's business
  • Lead or participate in efforts to improve efficiencies



WHERE WILL YOU MAKE AN IMPACT

The US Portfolio Management Group business covers clients located throughout the United States

QUALIFICATIONS

SKILLS & EXPERIENCE WE'RE LOOKING FOR
  • Minimum Bachelor's degree (U.S. or equivalent)
  • Work both autonomously and collaboratively to serve as primary support for operational needs
  • Manage all administrative aspects of client onboarding process for managed account strategies
  • Highly organized
  • Ability to work in a fast-paced environment and think clearly under pressure
  • Demonstrated interest in financial, economic, and global capital markets
  • Excellent communication skills, both oral and written
  • Strong interpersonal/leadership skills and a desire to work in a team-oriented environment
  • Detailed-oriented
  • Creative thinker
  • Proficiency in Windows Technology
  • FINRA Series 7 and 63 licenses (must obtain with the first 3 months)


ABOUT GOLDMAN SACHS

The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

© The Goldman Sachs Group, Inc., 2019. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.


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