• CIMD, PWM, Markets Coverage Group, Wealth Management Professional, Analyst/Associate New York

    Location(s) US-NY-New York
    Job ID
    2019-52938
    Schedule Type
    Full Time
    Level
    Associate
    Function(s)
    Private Wealth Management
    Region
    Americas
    Division
    Consumer and Investment Management Division
    Business Unit
    Global MSG Management
    Employment Type
    Employee
  • MORE ABOUT THIS JOB

    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

    OUR IMPACT

    The Markets Coverage Group (MCG) is part of Private Wealth Management within Goldman Sachs. MCG provides an institutional style coverage model, from a sales trading and research sales perspective, for wealthy sophisticated, individuals and large family office groups, as well professional, institutional investors including hedge funds and investment advisers. MCG advises it’s clients on investments and trades, both macro and micro, across the capital structure. A Wealth Management Professional in the Markets Coverage Group will provide support to the sales representatives in the implementation of new client accounts, trade execution and ongoing servicing of existing clients.

     

    RESPONSIBILITIES AND QUALIFICATIONS

    HOW YOU WILL FULFIL YOUR POTENTIAL

    • Serve as primary contact to the team's clients for all account and trade servicing related issues.
    • Serve as resource to multiple representatives in supporting client relationships for the team.
    • Provide overview of client reporting and web capabilities to potential new clients.
    • Process and reconcile daily trading
    • Manage the ongoing processing of all transactions and ad hoc requests.
    • Serve as key liaison to other areas supporting PWM clients including: operations, performance and compliance, including cross divisional operational groups.
    • Participate in group projects to improve quality and efficiency within the client services team
    • Plan and manage the new account onboarding process, including documentation and funding supported by account opening and approval teams

     

    Qualifications

    • Ability to work in a fast-paced environment and think clearly under pressure
    • Excellent communication skills
    • Strong organizational skills
    • Team player
    • Detail-oriented
    • Knowledge of Windows technology (Outlook, Excel and Word)
    • Series 7 and 66 required (to be obtained within first three months on the MCG)

    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.