IMD, PWM, Wealth Management Professional, Analyst, Boston
Goldman Sachs USA
October 12, 2018
MORE ABOUT THIS JOB 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 a passion for the financial markets, the desire to work closely with portfolio managers, and the ability to think outside the box? Our Wealth Management Professionals support all trading aspects of our business from an operational and account management standpoint. We are seeking professionals with an understanding of the 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 our business.
OUR IMPACT Private Wealth Management (PWM) secures, develops and manages relationships with high net worth individuals, their families, family offices and foundations. PWM assists clients with building and preserving their financial wealth by creating and implementing long-term asset allocation within the context of each client's particular risk tolerance, and by providing access to innovative investment ideas and opportunities. PWM professionals develop customized investment strategies and offer a full array of wealth management products and services, including private banking and trust company services.
A Wealth Management Professional will provide support to the portfolio managers and sales teams in the implementation of new client accounts, trade execution, liquidity management and ongoing servicing of existing clients.
HOW YOU WILL FULFILL YOUR POTENTIAL
Leverage your operational background and experience to contribute to a growing business
Work closely with Private Wealth Advisors to support their PWM clients
Identify wallet share growth opportunities in existing client base
Identify opportunities for and coordinate wealth advisory services within client base
Manage advisory business implementation and rebalancing
Manage cash balances and private banking services in accounts
Serve as a key liaison to other areas supporting the PWM Business
Plan and manage new account on boarding process
Provide overview of client reporting and web capabilities to potential new clients
Execute, process and reconcile trading and other investment related transactions
Analyze and reconcile the teams' business
Lead or participate in the divisional efforts to improve efficiencies with the PWM Business
Participate in recruiting and training
Serve as a coach and mentor for more junior teammates
WHERE WILL YOU MAKE AN IMPACT Our Private Wealth Management business spans the globe, with the following locations in the United States: Atlanta, Boston, Chicago, Dallas, Houston, Los Angeles, New York, Miami (Florida and Latin America coverage), Philadelphia, San Francisco, Seattle, Washington, D.C. and West Palm Beach
SKILLS & EXPERIENCE WE'RE LOOKING FOR
Ability to work in a fast-paced environment and think clearly under pressure
Strong interest in the financial markets
Self-motivated and able to work in an autonomous, yet collaborative environment
Strong verbal and written communication skills, as well as strong organizational and interpersonal skills
Commitment to excellence and a high level of integrity
Series 7 and 66 required (must be obtained within three months of employment)
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.