• CIMD, PWM, Equity Solutions Group, Wealth Management Professional, Analyst

    Location(s) US-NY-New York
    Job ID
    2020-59921
    Schedule Type
    Full Time
    Level
    Analyst
    Function(s)
    General
    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

    RESPONSIBILITIES AND QUALIFICATIONS

    YOUR IMPACT

    Wealth Management Professionals support all trading aspects of our Equity Solutions Group from an operational and account management standpoint. The team is seeking professionals with an understanding of equity markets who have the ability to thrive in a fast-paced environment where attention to detail, strong communication skills, and client service are essential to maintaining and enhancing the ongoing operational aspects of the Private Wealth Management structured notes and options business.

     

    OUR IMPACT

    The Equity Solutions Group is a global team within Private Wealth Management (PWM) that partners with advisors and their clients to identify investment objectives and implement differentiated equity strategies in order to tailor portfolios to meet both strategic and tactical goals. The team offers a comprehensive platform, specializing in OTC derivatives, structured investments and option overlay strategies.

    A Wealth Management Professional in Equity Solutions will provide support to the portfolio managers and traders in managing the life cycle of listed option, OTC derivative, and structured notes transactions, including implementation of new client accounts, business analytics, liquidity management, deal documentation review, trade booking, and ongoing servicing of existing accounts.

     

    HOW YOU WILL FULFILL YOUR POTENTIAL

    • Leverage your operational background and experiences to contribute to a growing global business
    • Enhance your business acumen for equity market dynamics as it pertains to account management, client servicing, and adding new products to the platform
    • Work with a team to identify and implement strategic enhancements to the PWM Equity Solutions business
    • Serve as key liaison to other areas of the Firm, such as operations, legal and compliance that support the Equity Solutions GroupLiaise with portfolio managers and traders to support in trade management functions such as processing account inflows, outflows, and trade booking
    • Work collaboratively with other Wealth Management Professionals to serve as primary support for operational needs
    • Create, maintain, and monitor key business metrics and analytics across the structured notes business

     

    WHERE WILL YOU MAKE AN IMPACT

    Our Private Wealth Management business spans the globe, with clients actively involved in the Equity Solutions managed strategies across the Americas, EMEA, and Asia

     

    QUALIFICATIONS

    SKILLS & EXPERIENCE WE'RE LOOKING FOR

    • 1-2 years of prior experience preferred, but not required
    • Record of academic and professional achievement
    • Self-motivated and able to work! in an autonomous, yet collaborative environment
    • Demonstrated interest in financial, economic and global capital markets
    • Strong analytical and communication (oral and written) skills
    • Commitment to excellence and a high level of integrity
    • Knowledge and experience in Microsoft Office and Microsoft Excel
    • Successful completion of Series 7 and 63 exams required within three months of starting 

    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., 2020. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.