IMD, PWM, Private Bank Lending, Transaction Manager, Analyst/Associate, Dallas
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 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. Transaction Managers primarily supports Private Wealth Management (PWM , Ayco advisors, clients, GS employees) for Private Bank mortgage lending. Transaction managers also provide specific support items to the Regional GS Private Bank Mortgage Lenders.
Providing subject matter expertise, guidance and support, managing client experiences through the entire mortgage origination process
Assist with lender to insure proper client expectations are set and managed
Engage with weekly pipeline calls with GS Lender and SMS processor ensuring timely and accurate closings
Identify delays and mitigate the risk of potential missed deadlines
Act as an additional point of contact to the client
Each transaction manager will help manage vendor production items during the origination process
Focus on the later part of the mortgage closing process: final CD issuance, funding flows, final document delivery, closing logistics etc.
Minimum 2-3 years of work experience in financial fields, primarily mortgage lending
Experience with commercial banking and/or private banking roles related to jumbo residential mortgages
Working knowledge of mortgage credit industry standards with preferred experience in a private banking lending environment
Familiarity with trusts, estates, and entity structures
People / project management skills
Strong oral and written communications skills
Flexible, personable, confident and self-motivated; team player
Ability to multi-task and be well organized
Ability to work under pressure and meet deadlines
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.