CWM, PWM, Investment Strategy Group. Systematic Wealth Transfer, Associate - New York

Location(s) US-NY-New York
Job ID
2021-79039
Schedule Type
Full Time
Function(s)
General
Region
Americas
Division
Consumer and Wealth Management
Business Unit
US ISG
Employment Type
Employee

MORE ABOUT THIS JOB

YOUR IMPACT

The Strategic and Quantitative Asset Allocation group (SQAA) in the Investment Strategy Group is seeking an Associate to work on the Systematic Wealth Transfer strategy, which helps Private Wealth Management’s high-net-worth clients with efficient wealth transfer. Highly qualified Analysts and Vice Presidents will also be considered.

 

In addition to working on the Systematic Wealth Transfer strategy, the new team member may also help with client solutions projects and investment-related research. SQAA is an innovative and dynamic team, and this role requires patience, creativity, ability to multitask, attention to detail, as well as interpersonal and problem solving skills.

 

OUR IMPACT

Consumer and Wealth Management (CWM)

Across Consumer and Wealth Management (CWM), Goldman Sachs helps empower clients and customers around the world reach their financial goals. Our advisor-led wealth management businesses provide financial planning, investment management, banking and comprehensive advice to a wide range of clients, including ultra-high net worth and high net worth individuals, as well as family offices, foundations and endowments, and corporations and their employees. Our consumer business provides digital solutions for consumers to better spend, borrow, invest, and save. Across CWM, our growth is driven by a relentless focus on our people, our clients and leading-edge technology, data and design.

 

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 off r complementary services and new opportunities by leveraging the resources of Goldman Sachs and beyond.

 

Investment Strategy Group (ISG)
The Investment Strategy Group (ISG) within PWM has responsibility for strategic and tactical asset allocation views and advice for the firm’s high net worth clients and certain institutions. The role of an ISG member requires a broad set of qualities, including a passion for investing,
client servicing, as well as strong analytical and communication skills.

 

RESPONSIBILITIES AND QUALIFICATIONS

HOW YOU WILL FULFILL YOUR POTENTIAL

  • Demonstrate strong analytical and technical skills
  • Deliver timely, thoughtful, and flawless executions
  • Interact with the firm’s current and prospective clients
  • Provide a keen interest in understanding the financial markets
  • Coordinate with other teams across Goldman Sachs
  • Initiate and assist on investment research efforts

 

SKILLS & EXPERIENCE WE ARE LOOKING FOR

  • Professional experience working with Grantor Retained Annuity Trusts (GRATs)
  • Solid Excel and PowerPoint skills
  • Excellent communication skills, especially the ability to explain complex technical concepts in simple terms
  • Strong interpersonal skills and a passion to engage with clients
  • Attention to detail, patience, and ability to handle multiple concurrent projects
  • Collaborative and teamwork-oriented
  • Independent, logical, and critical thinking, with the willingness to constantly think outside of the box
  • FINRA SIE, Series 7, and Series 63 licenses (may be obtained within the first 3 months if needed) 
  • Minimum Bachelor’s degree (U.S. or equivalent)

ABOUT GOLDMAN SACHS

ABOUT GOLDMAN SACHS

At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.

We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.

We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html



© The Goldman Sachs Group, Inc., 2021. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity